Meritage Portfolio Management’s Outfront Media OUT Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-139,671	Closed	-$4.11M	–	215
2015 Q1	$4.11M	Buy	139,671 +8,158	+6%	+$240K	0.41%	141
2014 Q4	$3.47M	Buy	+131,513	New	+$3.47M	0.37%	149