Russell Clark Investment Management’s Philip Morris PM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q3	–	Sell	-182,500	Closed	-$21.4M	–	67
2017 Q2	$21.4M	Sell	182,500 -144,500	-44%	-$17M	5.99%	2
2017 Q1	$36.9M	Buy	+327,000	New	+$36.9M	6.17%	2
2013 Q3	–	Sell	-48,300	Closed	-$4.18M	–	27
2013 Q2	$4.18M	Buy	+48,300	New	+$4.18M	1.77%	19