Invicta Capital Management’s ESCO Technologies ESE Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-142,000	Closed	-$4.94M	–	24
2014 Q3	$4.94M	Sell	142,000 -83,000	-37%	-$2.89M	2.99%	18
2014 Q2	$7.79M	Buy	225,000 +24,500	+12%	+$849K	4.06%	15
2014 Q1	$7.06M	Buy	+200,500	New	+$7.06M	3.9%	12