Schafer Cullen Capital Management’s Pembina Pipeline PBA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-8,305	Closed	-$293K	–	333
2013 Q4	$293K	Sell	8,305 -2,080	-20%	-$73.4K	﹤0.01%	303
2013 Q3	$344K	Buy	10,385 +830	+9%	+$27.5K	﹤0.01%	285
2013 Q2	$293K	Buy	+9,555	New	+$293K	﹤0.01%	285