Shellback Capital’s Belden BDC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-226,969	Closed	-$13.7M	–	85
2016 Q2	$13.7M	Buy	+226,969	New	+$13.7M	1.76%	15
2015 Q1	–	Sell	-205,624	Closed	-$16.2M	–	91
2014 Q4	$16.2M	Buy	+205,624	New	+$16.2M	1.84%	16