Monarch Partners Asset Management’s Pegasystems PEGA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-636,008	Closed	-$11.4M	–	192
2016 Q4	$11.4M	Sell	636,008 -449,092	-41%	-$8.08M	0.97%	37
2016 Q3	$16M	Buy	1,085,100 +302,260	+39%	+$4.46M	1.51%	16
2016 Q2	$10.5M	Buy	+782,840	New	+$10.5M	1.06%	33