New Vernon Investment Management’s Lazard LAZ Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-9,000	Closed	-$456K	–	63
2014 Q3	$456K	Sell	9,000 -11,000	-55%	-$557K	0.37%	41
2014 Q2	$1.03M	Buy	+20,000	New	+$1.03M	0.71%	40