Schafer Cullen Capital Management’s National Bank Holdings NBHC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q3	–	Sell	-6,170	Closed	-$204K	–	278
2017 Q2	$204K	Sell	6,170 -1,650	-21%	-$52.5K	﹤0.01%	263
2017 Q1	$254K	Sell	7,820 -5,325	-41%	-$171K	﹤0.01%	253
2016 Q4	$419K	Sell	13,145 -9,735	-43%	-$261K	0.01%	232
2016 Q3	$535K	Buy	22,880 +1,446	+7%	+$32K	0.01%	217
2016 Q2	$436K	Sell	21,434 -8,207	-28%	-$167K	0.01%	221
2016 Q1	$604K	Sell	29,641 -16,960	-36%	-$336K	0.01%	215
2015 Q4	$996K	Sell	46,601 -11,224	-19%	-$243K	0.01%	205
2015 Q3	$1.19M	Sell	57,825 -13,965	-19%	-$289K	0.01%	200
2015 Q2	$1.5M	Sell	71,790 -5,970	-8%	-$116K	0.02%	196
2015 Q1	$1.46M	Sell	77,760 -31,090	-29%	-$577K	0.01%	195
2014 Q4	$2.11M	Sell	108,850 -53,910	-33%	-$1.04M	0.03%	175
2014 Q3	$3.11M	Buy	162,760 +38,521	+31%	+$764K	0.03%	175
2014 Q2	$2.48M	Sell	124,239 -2,286	-2%	-$44.7K	0.02%	214
2014 Q1	$2.54M	Sell	126,525 -990	-0.8%	-$20K	0.02%	209
2013 Q4	$2.73M	Sell	127,515 -565	-0.4%	-$11.7K	0.03%	203
2013 Q3	$2.63M	Buy	128,080 +35,750	+39%	+$717K	0.03%	204
2013 Q2	$1.82M	Buy	+92,330	New	+$1.7M	0.02%	202