River Road Asset Management’s Boston Beer SAM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-2,914	Closed	-$452K	–	155
2016 Q3	$452K	Sell	2,914 -6,733	-70%	-$1.04M	0.01%	146
2016 Q2	$1.65M	Buy	+9,647	New	+$1.65M	0.04%	137