Marathon Asset Management (UK)’s Petrobras PBR Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-204,942	Closed	-$2.7M	–	72
2014 Q1	$2.7M	Buy	204,942 +31,100	+18%	+$409K	0.07%	68
2013 Q4	$2.4M	Sell	173,842 -7,500	-4%	-$103K	0.06%	58
2013 Q3	$2.81M	Sell	181,342 -6,878	-4%	-$107K	0.07%	57
2013 Q2	$2.52M	Buy	+188,220	New	+$2.52M	0.06%	67