Penn Capital Management’s Alerus Financial ALRS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2020 Q2	–	Sell	-26,036	Closed	-$430K	–	194
2020 Q1	$430K	Buy	26,036 +12,449	+92%	+$206K	0.07%	176
2019 Q4	$310K	Sell	13,587 -30,233	-69%	-$690K	0.03%	205
2019 Q3	$955K	Buy	+43,820	New	+$955K	0.1%	193