Telluride Asset Management’s Morgan Stanley MS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-9,600	Closed	-$301K	–	285
2013 Q4	$301K	Buy	+9,600	New	+$301K	0.36%	64