Princeton Alpha Management’s Tenaris TS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-17,510	Closed	-$422K	–	929
2015 Q3	$422K	Buy	+17,510	New	+$422K	0.09%	346
2014 Q3	–	Sell	-11,020	Closed	-$520K	–	829
2014 Q2	$520K	Buy	+11,020	New	+$520K	0.11%	285