Philadelphia Financial Management of San Francisco’s Walker & Dunlop WD Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-233,110	Closed	-$6.23M	–	46
2015 Q2	$6.23M	Buy	+233,110	New	+$6.23M	1.45%	30