THB Asset Management’s Cullen/Frost Bankers CFR Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-14,060	Closed	-$1.05M	–	244
2013 Q4	$1.05M	Sell	14,060 -23,650	-63%	-$1.76M	0.06%	243
2013 Q3	$2.66M	Sell	37,710 -113,400	-75%	-$8M	0.17%	181
2013 Q2	$10.1M	Buy	+151,110	New	+$10.1M	0.67%	40