Penbrook Management’s Marchex MCHX Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2018 Q2	–	Sell	-12,500	Closed	-$34K	–	108
2018 Q1	$34K	Hold	12,500	–	–	0.03%	105
2017 Q4	$40K	Buy	+12,500	New	+$40K	0.04%	104
2016 Q3	$115K	Sell	41,350 -61,000	-60%	-$170K	0.12%	100
2016 Q2	$326K	Hold	102,350	–	–	0.36%	79
2016 Q1	$455K	Sell	102,350 -3,000	-3%	-$13.3K	0.5%	68
2015 Q4	$409K	Sell	105,350 -800	-0.8%	-$3.11K	0.42%	82
2015 Q3	$428K	Sell	106,150 -500	-0.5%	-$2.02K	0.45%	78
2015 Q2	$528K	Hold	106,650	–	–	0.5%	74
2015 Q1	$435K	Hold	106,650	–	–	0.39%	86
2014 Q4	$489K	Hold	106,650	–	–	0.44%	82
2014 Q3	$443K	Sell	106,650 -3,000	-3%	-$12.5K	0.41%	86
2014 Q2	$1.32M	Sell	109,650 -109,650	-50%	-$1.32M	1.16%	32
2014 Q1	$2.1M	Buy	219,300 +109,650	+100%	+$1.05M	1.01%	37
2013 Q4	$948K	Buy	+109,650	New	+$948K	0.92%	42