Oxbow Advisors’s Telefonica TEF Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-17,998	Closed	-$163K	–	287
2015 Q3	$163K	Buy	17,998 +2,044	+13%	+$18.5K	0.03%	237
2015 Q2	$171K	Buy	+15,954	New	+$171K	0.02%	247