Ivory Investment Management’s Philip Morris PM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-164,816	Closed	-$18.3M	–	63
2017 Q3	$18.3M	Buy	164,816 +43,686	+36%	+$4.85M	0.91%	33
2017 Q2	$14.2M	Buy	+121,130	New	+$14.2M	0.53%	50