New Amsterdam Partners’s Franklin Resources BEN Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-55,438	Closed	-$2.8M	–	127
2013 Q3	$2.8M	Sell	55,438 -220,382	-80%	-$11.1M	0.19%	83
2013 Q2	$12.5M	Buy	+275,820	New	+$12.5M	0.67%	76