Lombardia Capital Partners’s Pitney Bowes PBI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	$1.87M	Sell	142,485 -1,085,327	-88%	-$15.3M	1.7%	10
2016 Q4	$18.6M	Sell	1,227,812 -331,830	-21%	-$5.28M	1.91%	6
2016 Q3	$28.3M	Buy	1,559,642 +231,091	+17%	+$4.24M	1.92%	2
2016 Q2	$23.6M	Sell	1,328,551 -80,084	-6%	-$1.54M	1.56%	13
2016 Q1	$30.3M	Sell	1,408,635 -493,770	-26%	-$9.38M	1.58%	10
2015 Q4	$39.3M	Sell	1,902,405 -21,912	-1%	-$453K	1.96%	7
2015 Q3	$38.2M	Buy	1,924,317 +183,783	+11%	+$3.77M	1.83%	10
2015 Q2	$36.2M	Buy	1,740,534 +1,669,266	+2,342%	+$37.6M	1.23%	19
2015 Q1	$1.66M	Buy	71,268 +2,840	+4%	+$66.1K	0.05%	166
2014 Q4	$1.67M	Buy	68,428 +52,913	+341%	+$1.29M	0.05%	167
2014 Q3	$388K	Buy	15,515 +3,725	+32%	+$99.6K	0.01%	198
2014 Q2	$326K	Hold	11,790	–	–	0.01%	203
2014 Q1	$306K	Hold	11,790	–	–	0.01%	208
2013 Q4	$275K	Sell	11,790 -9,160	-44%	-$197K	0.01%	206
2013 Q3	$381K	Buy	+20,950	New	+$344K	0.01%	187