Ivory Investment Management’s Ulta Beauty ULTA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-17,217	Closed	-$1.68M	–	171
2014 Q1	$1.68M	Buy	17,217 +7,709	+81%	+$751K	0.07%	141
2013 Q4	$918K	Sell	9,508 -10,671	-53%	-$1.03M	0.05%	173
2013 Q3	$2.41M	Buy	20,179 +2,859	+17%	+$342K	0.11%	78
2013 Q2	$1.73M	Buy	+17,320	New	+$1.73M	0.07%	96