Ivory Investment Management’s Delta Air Lines DAL Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q2	–	Sell	-288,724	Closed	-$15.8M	–	31
2018 Q1	$15.8M	Buy	+288,724	New	+$15.9M	0.96%	32
2016 Q4	–	Sell	-351,973	Closed	-$13.9M	–	63
2016 Q3	$13.9M	Sell	351,973 -37,690	-10%	-$1.43M	0.4%	59
2016 Q2	$14.2M	Buy	389,663 +122,744	+46%	+$5.22M	0.39%	54
2016 Q1	$13M	Sell	266,919 -280,739	-51%	-$13.1M	0.45%	56
2015 Q4	$27.8M	Sell	547,658 -165,289	-23%	-$8.17M	0.74%	41
2015 Q3	$32M	Sell	712,947 -791,868	-53%	-$35.6M	0.86%	33
2015 Q2	$61.8M	Sell	1,504,815 -714,273	-32%	-$31.2M	1.51%	28
2015 Q1	$99.8M	Buy	+2,219,088	New	+$103M	2.36%	9
2014 Q2	–	Sell	-76,386	Closed	-$2.65M	–	116
2014 Q1	$2.65M	Buy	+76,386	New	+$2.46M	0.11%	113
2013 Q4	–	Sell	-138,108	Closed	-$3.26M	–	194
2013 Q3	$3.26M	Sell	138,108 -1,172,414	-89%	-$24.4M	0.15%	76
2013 Q2	$24.5M	Buy	+1,310,522	New	+$22.7M	1.01%	28