Saratoga Research & Investment Management’s Ecolab ECL Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-8,212	Closed	-$856K	–	55
2013 Q4	$856K	Buy	8,212 +620	+8%	+$64.6K	0.09%	35
2013 Q3	$750K	Sell	7,592 -210	-3%	-$20.7K	0.09%	36
2013 Q2	$665K	Buy	+7,802	New	+$665K	0.08%	38