Kestrel Investment Management’s UFP Technologies UFPT Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-11,500	Closed	-$274K	–	46
2015 Q4	$274K	Sell	11,500 -1,100	-9%	-$26.2K	0.11%	41
2015 Q3	$288K	Buy	+12,600	New	+$288K	0.1%	41