Philadelphia Financial Management of San Francisco’s Investar Holding Corp ISTR Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q3	–	Sell	-50,000	Closed	-$1.15M	–	37
2017 Q2	$1.15M	Hold	50,000	–	–	0.21%	38
2017 Q1	$1.1M	Buy	+50,000	New	+$1.1M	0.25%	32