Virtus Fund Advisers’s Arcos Dorados Holdings ARCO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-3,198,362	Closed	-$18.6M	–	1125
2014 Q3	$18.6M	Sell	3,198,362 -1,756,580	-35%	-$10.2M	0.14%	180
2014 Q2	$54M	Buy	+4,954,942	New	+$54M	0.38%	106