Ivory Investment Management’s Pitney Bowes PBI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2018 Q2	–	Sell	-893,359	Closed	-$9.73M	–	46
2018 Q1	$9.73M	Buy	893,359 +273,912	+44%	+$2.98M	0.59%	42
2017 Q4	$6.93M	Buy	619,447 +46,180	+8%	+$516K	0.4%	43
2017 Q3	$8.03M	Buy	+573,267	New	+$8.03M	0.4%	46