Zebra Capital Management’s International Flavors & Fragrances IFF Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-4,175	Closed	-$399K	–	260
2014 Q1	$399K	Sell	4,175 -2,393	-36%	-$229K	0.17%	217
2013 Q4	$565K	Buy	6,568 +3,571	+119%	+$307K	0.29%	116
2013 Q3	$247K	Buy	+2,997	New	+$247K	0.19%	186