Palo Capital’s Boston Beer SAM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-8,678	Closed	-$1.35M	–	140
2016 Q3	$1.35M	Sell	8,678 -9,932	-53%	-$1.54M	0.93%	50
2016 Q2	$3.18M	Buy	18,610 +13,887	+294%	+$2.37M	1.09%	27
2016 Q1	$874K	Buy	+4,723	New	+$874K	0.69%	66