Zebra Capital Management’s Selective Insurance SIGI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-12,791	Closed	-$689K	–	333
2017 Q3	$689K	Sell	12,791 -55,801	-81%	-$2.84M	0.22%	193
2017 Q2	$3.43M	Sell	68,592 -12,090	-15%	-$597K	1.07%	4
2017 Q1	$3.8M	Sell	80,682 -10,675	-12%	-$475K	1.18%	3
2016 Q4	$3.93M	Sell	91,357 -689	-0.7%	-$27.8K	1.19%	2
2016 Q3	$3.67M	Buy	92,046 +13,208	+17%	+$519K	1.14%	3
2016 Q2	$3.01M	Buy	78,838 +11,680	+17%	+$421K	1.05%	4
2016 Q1	$2.46M	Buy	67,158 +13,934	+26%	+$462K	0.97%	9
2015 Q4	$1.79M	Buy	53,224 +16,835	+46%	+$583K	0.99%	7
2015 Q3	$1.13M	Buy	36,389 +437	+1%	+$13.4K	0.7%	25
2015 Q2	$1.01M	Buy	+35,952	New	+$999K	0.59%	43