Yost Capital Management’s Shutterfly, Inc. SFLY Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-322,167	Closed	-$14.4M	–	15
2015 Q4	$14.4M	Sell	322,167 -137,833	-30%	-$6.14M	11.12%	5
2015 Q3	$16.4M	Buy	460,000 +65,000	+16%	+$2.32M	15.81%	4
2015 Q2	$18.9M	Sell	395,000 -5,000	-1%	-$239K	12.9%	3
2015 Q1	$18.1M	Buy	+400,000	New	+$18.1M	8.94%	4