SAM

Silphium Asset Management’s IBM IBM Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-8,000	Closed	-$1.45M	–	62
2014 Q2	$1.45M	Hold	8,000	–	–	1%	16
2014 Q1	$1.54M	Buy	8,000 +1,500	+23%	+$289K	1.13%	14
2013 Q4	$1.22M	Buy	+6,500	New	+$1.22M	0.91%	27