TPH Asset Management’s Energy Transfer Partners, L.P. ETP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	$21.6M	Buy	1,206,543 +48,697	+4%	+$841K	2.14%	19
2017 Q3	$21.2M	Sell	1,157,846 -312,180	-21%	-$6.06M	2.37%	15
2017 Q2	$30M	Buy	+1,470,026	New	+$32.8M	3.36%	7
2017 Q1	–	Sell	-89,700	Closed	-$2.15M	–	96
2016 Q4	$2.15M	Sell	89,700 -441,296	-83%	-$11.2M	0.22%	67
2016 Q3	$15.1M	Sell	530,996 -296,249	-36%	-$8.61M	1.49%	26
2016 Q2	$23.8M	Buy	827,245 +296,826	+56%	+$8.18M	2.31%	15
2016 Q1	$12.4M	Buy	530,419 +59,109	+13%	+$1.34M	1.43%	24
2015 Q4	$12.1K	Sell	471,310 -44,318	-9%	-$1.23M	1%	22
2015 Q3	$14.8M	Buy	515,628 +152,518	+42%	+$5.17M	2.19%	15
2015 Q2	$13.8M	Buy	363,110 +72,014	+25%	+$2.94M	2.65%	7
2015 Q1	$12M	Buy	291,096 +210,829	+263%	+$8.93M	2.56%	6
2014 Q4	$3.35M	Buy	80,267 +5,000	+7%	+$230K	0.88%	48
2014 Q3	$3.63M	Buy	+75,267	New	+$3.56M	0.88%	47