Martingale Asset Management’s SAP SAP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-42,235	Closed	-$3.68M	–	949
2013 Q4	$3.68M	Buy	42,235 +4,206	+11%	+$367K	0.13%	206
2013 Q3	$2.81M	Buy	38,029 +1	+0%	+$74	0.1%	234
2013 Q2	$2.77M	Buy	+38,028	New	+$2.77M	0.1%	225