Royal Capital Management’s Smith & Wesson SWBI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q3	$2.11M	Sell	162,625 -80,822	-33%	-$1.05M	5.66%	7
2015 Q2	$3.1M	Sell	243,447 -81,803	-25%	-$1.04M	6.71%	7
2015 Q1	$3.18M	Sell	325,250 -32,525	-9%	-$318K	7.71%	6
2014 Q4	$2.6M	Buy	357,775 +6,505	+2%	+$47.3K	6.18%	7
2014 Q3	$2.55M	Buy	+351,270	New	+$2.55M	3.57%	12