Bought
Maintained
Sold
Quarter Market Value Status Shares Shares
Change %
Capital Flow Portfolio Weight Portfolio Position
2014
Q1
Sell
-2,530,706
Closed -$152M 31
2013
Q4
$152M Sell
2,530,706
-1,404,714
-36% -$84.5M 12.49% 3
2013
Q3
$230M Sell
3,935,420
-1,525,000
-28% -$89.1M 22.12% 2
2013
Q2
$277M Buy
+5,460,420
New +$277M 28.51% 2