Penn Capital Management’s SM Energy SM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-8,815	Closed	-$304K	–	294
2016 Q4	$304K	Sell	8,815 -864	-9%	-$29.8K	0.02%	268
2016 Q3	$373K	Buy	+9,679	New	+$373K	0.03%	255