Newgate Capital Management’s Cleveland-Cliffs CLF Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-32,521	Closed	-$338K	–	109
2014 Q3	$338K	Sell	32,521 -57,193	-64%	-$594K	0.2%	94
2014 Q2	$1.35M	Sell	89,714 -27,303	-23%	-$411K	0.35%	88
2014 Q1	$2.39M	Sell	117,017 -7,364	-6%	-$151K	0.53%	69
2013 Q4	$3.26M	Buy	+124,381	New	+$3.26M	0.64%	59