Penn Capital Management’s Silvercrest Asset Management SAMG Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-67,884	Closed	-$1.24M	–	285
2014 Q1	$1.24M	Sell	67,884 -54,093	-44%	-$990K	0.05%	244
2013 Q4	$2.08M	Sell	121,977 -42,520	-26%	-$725K	0.07%	235
2013 Q3	$2.24M	Buy	+164,497	New	+$2.24M	0.09%	220