Marvin & Palmer Associates’s Lazard LAZ Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-25,420	Closed	-$1.29M	–	65
2014 Q3	$1.29M	Sell	25,420 -7,665	-23%	-$389K	1.31%	34
2014 Q2	$1.71M	Buy	+33,085	New	+$1.71M	1.48%	29