Penn Capital Management’s iShares 20+ Year Treasury Bond ETF TLT Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2019 Q4	–	Sell	-1,907	Closed	-$273K	–	228
2019 Q3	$273K	Sell	1,907 -482	-20%	-$69K	0.03%	209
2019 Q2	$317K	Sell	2,389 -520	-18%	-$69K	0.03%	211
2019 Q1	$368K	Buy	+2,909	New	+$368K	0.04%	209