WS Management’s Philip Morris PM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-500,800	Closed	-$43.4M	–	61
2013 Q3	$43.4M	Sell	500,800 -100,000	-17%	-$8.66M	1.5%	20
2013 Q2	$52M	Buy	+600,800	New	+$52M	1.67%	14