Kestrel Investment Management’s Spirit MTA REIT Common Shares of Beneficial Interest SMTA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2019 Q1	–	Sell	-260,445	Closed	-$1.86M	–	48
2018 Q4	$1.86M	Sell	260,445 -5,300	-2%	-$37.8K	0.94%	43
2018 Q3	$3.06M	Buy	265,745 +160,825	+153%	+$1.85M	1.24%	37
2018 Q2	$1.08M	Buy	+104,920	New	+$1.08M	0.4%	41