Kavar Capital Partners Group’s Eletrobras Common Shares EBR Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-312	Closed	–	–	209
2014 Q1	$0	Hold	312	–	–	﹤0.01%	539
2013 Q4	$0	Buy	+312	New	–	﹤0.01%	505