Martingale Asset Management’s Rayonier RYN Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-18,876	Closed	-$747K	–	1026
2013 Q3	$747K	Hold	18,876	–	–	0.03%	637
2013 Q2	$744K	Buy	+18,876	New	+$744K	0.03%	629