Shikiar Asset Management’s Royal Bank of Canada Depositary Shares, each representing a 1/40th interest in a share of 6.750% Fixed Rate/Floating Rate Noncumulative First Preferred Shares, Series C-2 RY.PRT Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-33,558	Closed	-$983K	–	114
2015 Q4	$983K	Buy	+33,558	New	+$983K	0.48%	39