Narwhal Capital Management’s Assured Guaranty AGO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2013 Q3	–	Sell	-44,200	Closed	-$975K	–	131
2013 Q2	$975K	Buy	+44,200	New	+$975K	0.47%	78