Merit Investment Management’s AT&T T Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2013 Q4	$599K	Buy	+22,568	New	+$599K	0.68%	29
2013 Q3	–	Sell	-280,349	Closed	-$7.5M	–	53
2013 Q2	$7.5M	Buy	+280,349	New	+$7.5M	6.78%	2