Vermillion Asset Management’s Petrobras PBR Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-50,000	Closed	-$689K	–	17
2013 Q4	$689K	Buy	+50,000	New	+$689K	1.57%	10
2013 Q3	–	Hold	0	–	–	–	32