Lodge Hill Capital’s Microsoft MSFT Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-125,000	Closed	-$14.3M	–	28
2018 Q3	$14.3M	Buy	+125,000	New	+$14.3M	2.15%	12
2017 Q2	–	Sell	-379,700	Closed	-$25M	–	33
2017 Q1	$25M	Buy	+379,700	New	+$25M	1.79%	16