Outfitter Advisors’s Research Frontiers REFR Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-14,000	Closed	-$15K	–	132
2017 Q4	$15K	Sell	14,000 -10,000	-42%	-$10.7K	0.01%	137
2017 Q3	$29K	Sell	24,000 -12,000	-33%	-$14.5K	0.01%	129
2017 Q2	$46K	Hold	36,000	–	–	0.02%	129
2017 Q1	$50K	Hold	36,000	–	–	0.02%	131
2016 Q4	$66K	Hold	36,000	–	–	0.03%	127
2016 Q3	$93K	Hold	36,000	–	–	0.04%	125
2016 Q2	$131K	Hold	36,000	–	–	0.06%	125
2016 Q1	$164K	Hold	36,000	–	–	0.07%	129
2015 Q4	$188K	Hold	36,000	–	–	0.08%	134
2015 Q3	$183K	Hold	36,000	–	–	0.08%	130
2015 Q2	$192K	Hold	36,000	–	–	0.07%	138
2015 Q1	$220K	Hold	36,000	–	–	0.08%	133
2014 Q4	$184K	Hold	36,000	–	–	0.07%	135
2014 Q3	$207K	Hold	36,000	–	–	0.08%	127
2014 Q2	$218K	Hold	36,000	–	–	0.08%	127
2014 Q1	$187K	Hold	36,000	–	–	0.07%	133
2013 Q4	$208K	Hold	36,000	–	–	0.08%	128
2013 Q3	$153K	Hold	36,000	–	–	0.06%	130
2013 Q2	$143K	Buy	+36,000	New	+$143K	0.07%	127