UBS’s Sapiens International SPNS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q3	$15K	Sell	2,087 -500	-19%	-$3.59K	﹤0.01%	5567
2014 Q2	$21K	Buy	2,587 +876	+51%	+$7.11K	﹤0.01%	5249
2014 Q1	$14K	Sell	1,711 -38,752	-96%	-$317K	﹤0.01%	5476
2013 Q4	$312K	Buy	+40,463	New	+$312K	﹤0.01%	3365