Palisade Capital Management’s EPAM Systems EPAM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-497,152	Closed	-$16.4M	–	478
2014 Q1	$16.4M	Sell	497,152 -107,293	-18%	-$3.53M	0.4%	86
2013 Q4	$21.1M	Buy	604,445 +205,283	+51%	+$7.17M	0.55%	40
2013 Q3	$13.8M	Buy	+399,162	New	+$13.8M	0.37%	103