Penn Capital Management’s BorgWarner BWA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-71,184	Closed	-$2.2M	–	287
2016 Q3	$2.2M	Buy	71,184 +22,366	+46%	+$692K	0.15%	158
2016 Q2	$1.27M	Buy	+48,818	New	+$1.27M	0.07%	224