Landscape Capital Management’s Mercer International MERC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-11,722	Closed	-$160K	–	704
2015 Q2	$160K	Sell	11,722 -15,978	-58%	-$218K	0.03%	632
2015 Q1	$425K	Buy	+27,700	New	+$425K	0.11%	260