Penn Capital Management’s Armstrong World Industries AWI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-369,349	Closed	-$21.2M	–	284
2014 Q2	$21.2M	Buy	369,349 +12,603	+4%	+$724K	0.82%	32
2014 Q1	$19M	Buy	356,746 +258,150	+262%	+$13.7M	0.72%	42
2013 Q4	$5.68M	Buy	+98,596	New	+$5.68M	0.2%	146