Philadelphia Financial Management of San Francisco’s Artisan Partners APAM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2019 Q4	–	Sell	-320,464	Closed	-$9.05M	–	38
2019 Q3	$9.05M	Buy	+320,464	New	+$9.05M	2.01%	27
2015 Q3	–	Sell	-319,612	Closed	-$14.8M	–	41
2015 Q2	$14.8M	Buy	319,612 +188,612	+144%	+$8.76M	3.46%	9
2015 Q1	$5.96M	Buy	+131,000	New	+$5.96M	1.46%	26