Zebra Capital Management’s White Mountains Insurance WTM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-624	Closed	-$374K	–	285
2014 Q1	$374K	Sell	624 -739	-54%	-$443K	0.16%	229
2013 Q4	$822K	Sell	1,363 -119	-8%	-$71.8K	0.43%	77
2013 Q3	$841K	Buy	1,482 +126	+9%	+$71.5K	0.66%	42
2013 Q2	$780K	Buy	+1,356	New	+$780K	0.65%	37