Selz Capital’s Costamare CMRE Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-134,000	Closed	-$750K	–	53
2016 Q4	$750K	Sell	134,000 -548,800	-80%	-$3.07M	0.19%	45
2016 Q3	$6.24M	Hold	682,800	–	–	1.45%	20
2016 Q2	$5.24M	Hold	682,800	–	–	1.49%	20
2016 Q1	$6.08M	Hold	682,800	–	–	1.85%	14
2015 Q4	$7.12M	Sell	682,800 -30,000	-4%	-$313K	2.06%	13
2015 Q3	$8.75M	Hold	712,800	–	–	2.41%	12
2015 Q2	$13.1M	Hold	712,800	–	–	2.36%	13
2015 Q1	$12.6M	Buy	712,800 +300,800	+73%	+$5.3M	2.16%	16
2014 Q4	$7.26M	Hold	412,000	–	–	2.27%	16
2014 Q3	$9.05M	Hold	412,000	–	–	2.94%	10
2014 Q2	$9.61M	Sell	412,000 -38,000	-8%	-$886K	2.54%	13
2014 Q1	$9.68M	Hold	450,000	–	–	2.43%	15
2013 Q4	$8.22M	Hold	450,000	–	–	2.06%	19
2013 Q3	$7.93M	Hold	450,000	–	–	2.32%	18
2013 Q2	$7.75M	Buy	+450,000	New	+$7.75M	2.21%	18