Palo Capital’s SELECT INCOME REIT SIR Stock Holding History

Palo Capital’s Portfolio SIR Stock Details SIR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-57,250	Closed	-$499K	–	191
2015 Q4	$499K	Sell	57,250 -11,432	-17%	-$100K	0.45%	89
2015 Q3	$574K	Sell	68,682 -3,117	-4%	-$27K	0.5%	89
2015 Q2	$651K	Sell	71,799 -12,865	-15%	-$132K	0.51%	91
2015 Q1	$930K	Sell	84,664 -82,753	-49%	-$912K	0.76%	67
2014 Q4	$1.8M	Buy	+167,417	New	+$1.77M	1.51%	16

Other funds holding SIR

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

LSV Asset Management Chicago, Illinois $55.1B AUM 45.38% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

ESCM

Echo Street Capital Management New York $747M AUM 24.25% 1-Year Est. Return

Forward Management San Francisco, California $907M AUM 0.46% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

Norges Bank Oslo, Norway $1T AUM

Palo Capital's SIR Position: Q1 2016 in Review

Palo Capital sold out of SELECT INCOME REIT (SIR) in Q1 2016, closing a stake of 57,250 shares — an estimated $499K sold.

Palo Capital first reported a position in SIR in Q4 2014 and held it in 5 quarters. The position peaked at $1.8M in Q4 2014. 193 funds tracked by Wall St. Rank hold SIR as of Q1 2016.

Palo Capital reported no remaining SELECT INCOME REIT position as of Q1 2016 after selling out during the quarter.
Palo Capital sold 57,250 SELECT INCOME REIT shares in Q1 2016, an estimated $499K.
Palo Capital first reported a position in SELECT INCOME REIT in Q4 2014 and held it in 5 quarters.
Palo Capital's SELECT INCOME REIT position peaked at $1.8M in Q4 2014.
193 funds tracked by Wall St. Rank held SELECT INCOME REIT as of Q1 2016.

Based on Palo Capital's 13F filing for Q1 2016, filed 18 Apr 2016.