Leuthold Group’s Vanguard FTSE Emerging Markets ETF VWO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-27,212	Closed	-$1.09M	–	296
2013 Q3	$1.09M	Sell	27,212 -5,566	-17%	-$223K	0.1%	218
2013 Q2	$1.27M	Buy	+32,778	New	+$1.27M	0.12%	204