Monarch Partners Asset Management’s Maximus MMS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-13,875	Closed	-$926K	–	183
2015 Q1	$926K	Sell	13,875 -17,300	-55%	-$1.15M	0.18%	137
2014 Q4	$1.71M	Sell	31,175 -17,600	-36%	-$965K	0.37%	99
2014 Q3	$1.96M	Buy	48,775 +3,000	+7%	+$120K	0.52%	73
2014 Q2	$1.97M	Buy	+45,775	New	+$1.97M	0.52%	86