Smith Group Asset Management’s IBM IBM Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-18,173	Closed	-$3.22M	–	409
2013 Q3	$3.22M	Sell	18,173 -12,761	-41%	-$2.26M	0.13%	129
2013 Q2	$5.65M	Buy	+30,934	New	+$5.65M	0.24%	94