LMR Master Fund’s Pitney Bowes PBI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2013 Q4	$2.06M	Buy	88,384 +75,692	+596%	+$1.76M	0.21%	148
2013 Q3	$231K	Sell	12,692 -444,299	-97%	-$8.09M	0.04%	262
2013 Q2	$6.71M	Buy	+456,991	New	+$6.71M	0.61%	32