Stifel Financial’s Grupo Cibest S.A. American Depositary Shares (each representing four (4) Preferred Shares) CIB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-13,400	Closed	-$430K	–	2341
2015 Q3	$430K	Hold	13,400	–	–	﹤0.01%	1643
2015 Q2	$576K	Buy	13,400 +1,400	+12%	+$60.2K	﹤0.01%	1617
2015 Q1	$469K	Buy	+12,000	New	+$469K	﹤0.01%	1656