Strategic Investment Management’s Pitney Bowes PBI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-8,613	Closed	-$223K	–	116
2014 Q1	$223K	Hold	8,613	–	–	0.03%	40
2013 Q4	$210K	Buy	+8,613	New	+$210K	0.05%	44
2013 Q3	–	Sell	-10,691	Closed	-$157K	–	60
2013 Q2	$157K	Buy	+10,691	New	+$157K	0.03%	31