Matarin Capital Management’s Cullen/Frost Bankers CFR Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-9,406	Closed	-$893K	–	293
2017 Q3	$893K	Sell	9,406 -5,244	-36%	-$498K	0.08%	203
2017 Q2	$1.38M	Buy	14,650 +5,982	+69%	+$562K	0.13%	172
2017 Q1	$771K	Buy	+8,668	New	+$771K	0.08%	206