Philadelphia Financial Management of San Francisco’s Vornado Realty Trust VNO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-102,174	Closed	-$8.62M	–	39
2016 Q4	$8.62M	Buy	+102,174	New	+$8.62M	1.95%	25