Bought
Maintained
Sold
Quarter Market Value Status Shares Shares
Change %
Capital Flow Portfolio Weight Portfolio Position
2015
Q1
Sell
-1,100,000
Closed -$141M 70
2014
Q4
$141M Sell
1,100,000
-462,610
-30% -$59.3M 1.5% 30
2014
Q3
$189M Sell
1,562,610
-387,390
-20% -$46.9M 1.98% 20
2014
Q2
$227M Buy
1,950,000
+750,000
+63% +$87.5M 2.39% 11
2014
Q1
$150M Buy
1,200,000
+100,000
+9% +$12.5M 1.78% 26
2013
Q4
$150M Sell
1,100,000
-157,654
-13% -$21.4M 1.72% 21
2013
Q3
$149M Sell
1,257,654
-42,346
-3% -$5.03M 2.15% 18
2013
Q2
$163M Buy
+1,300,000
New +$163M 2.53% 14