Marvin & Palmer Associates’s Ecopetrol EC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-27,000	Closed	-$1.24M	–	68
2013 Q3	$1.24M	Sell	27,000 -2,700	-9%	-$124K	0.81%	52
2013 Q2	$1.25M	Buy	+29,700	New	+$1.25M	0.68%	53