Monarch Partners Asset Management’s Emergent Biosolutions EBS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-98,785	Closed	-$6.5M	–	188
2018 Q3	$6.5M	Buy	98,785 +34,100	+53%	+$2.24M	0.59%	71
2018 Q2	$3.27M	Sell	64,685 -870	-1%	-$43.9K	0.3%	103
2018 Q1	$3.45M	Buy	+65,555	New	+$3.45M	0.32%	106