Meritage Portfolio Management’s Valmont Industries VMI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-30,419	Closed	-$4.62M	–	220
2014 Q2	$4.62M	Buy	30,419 +569	+2%	+$86.5K	0.5%	98
2014 Q1	$4.44M	Buy	29,850 +800	+3%	+$119K	0.53%	86
2013 Q4	$4.33M	Sell	29,050 -1,454	-5%	-$217K	0.54%	90
2013 Q3	$4.24M	Buy	+30,504	New	+$4.24M	0.55%	82