THB Asset Management’s Perma-Pipe International PPIH Stock Holding History

THB Asset Management’s Portfolio PPIH Stock Details PPIH Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-225,226	Closed	-$1.41M	–	243
2015 Q1	$1.41M	Sell	225,226 -40,377	-15%	-$252K	0.1%	212
2014 Q4	$1.86M	Sell	265,603 -29,624	-10%	-$242K	0.12%	194
2014 Q3	$2.8M	Buy	295,227 +10,084	+4%	+$115K	0.19%	160
2014 Q2	$3.25M	Buy	285,143 +432	+0.2%	+$4.78K	0.2%	163
2014 Q1	$3.87M	Buy	284,711 +82,250	+41%	+$1.24M	0.23%	159
2013 Q4	$2.9M	Buy	202,461 +20,500	+11%	+$257K	0.16%	183
2013 Q3	$2.08M	Buy	181,961 +1,700	+0.9%	+$18.6K	0.13%	196
2013 Q2	$2.05M	Buy	+180,261	New	+$1.45M	0.14%	199

Other funds holding PPIH

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

PCM

Perritt Capital Management Chicago, Illinois $59.8M AUM 26.94% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

MDCM

Morgan Dempsey Capital Management Menomonee Falls, Wisconsin $220M AUM 18.32% 1-Year Est. Return

FWSM

First Wilshire Securities Management Pasadena, California $444M AUM 42.88% 1-Year Est. Return

Heartland Advisors Milwaukee, Wisconsin $1.96B AUM 28.26% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

BCM

Bridgeway Capital Management Houston, Texas $4.97B AUM 44.96% 1-Year Est. Return

THB Asset Management's PPIH Position: Q2 2015 in Review

THB Asset Management sold out of Perma-Pipe International (PPIH) in Q2 2015, closing a stake of 225,226 shares — an estimated $1.41M sold.

THB Asset Management first reported a position in PPIH in Q2 2013 and held it in 8 quarters. The position peaked at $3.87M in Q1 2014. 35 funds tracked by Wall St. Rank hold PPIH as of Q2 2015.

THB Asset Management reported no remaining Perma-Pipe International position as of Q2 2015 after selling out during the quarter.
THB Asset Management sold 225,226 Perma-Pipe International shares in Q2 2015, an estimated $1.41M.
THB Asset Management first reported a position in Perma-Pipe International in Q2 2013 and held it in 8 quarters.
THB Asset Management's Perma-Pipe International position peaked at $3.87M in Q1 2014.
35 funds tracked by Wall St. Rank held Perma-Pipe International as of Q2 2015.

Based on THB Asset Management's 13F filing for Q2 2015, filed 16 Jul 2015.