FPA Queens Road Small Cap Value Fund

History Stock Activity Share change % change to portfolio
Q4  2015
IDCC - InterDigital Inc. Reduce 2.48% 20,119 0.16
RS - Reliance Steel & Aluminum Reduce 7.11% 11,180 0.11
ARRS - ARRIS International plc Reduce 8.91% 167,620 0.84
ARW - Arrow Electronics Reduce 30.59% 209,080 1.86
AVT - Avnet Inc. Reduce 37.54% 411,940 2.89
FL - Foot Locker Inc. Reduce 40.85% 79,990 0.85
BWXT - BWX Technologies Inc. Sell 100.00% 459,435 1.79
FII-OLD - Federated Investors Inc. Sell 100.00% 256,443 1.10
BKS - Barnes & Noble Sell 100.00% 343,940 0.62
Q3  2015
SM - SM Energy Co. Add 162.35% 456,500 2.17
VECO - Veeco Instruments Add 121.69% 434,963 1.32
DAN - Dana Inc. Add 63.95% 711,104 1.67
HP - Helmerich & Payne Add 34.45% 191,600 1.34
ATGE - Adtalem Global Education Add 23.04% 288,920 1.16
WDC - Western Digital Corp. Add 9.33% 50,380 0.59
APOL - Apollo Education Group Inc. Add 9.05% 272,000 0.45
AGCO - AGCO Corp. Add 7.05% 37,000 0.25
IDCC - InterDigital Inc. Add 5.69% 43,579 0.33
OSK - Oshkosh Corp. Add 5.00% 20,800 0.11
CUB - Cubic Corp. Add 4.99% 13,600 0.08
ARW - Arrow Electronics Add 2.57% 17,100 0.14
XEC - Cimarex Energy Co. Add 2.46% 9,800 0.15
NBL - Noble Energy Inc. Buy 1,060,863 4.74
PTEN - Patterson-UTI Energy Inc. Buy 1,890,950 3.68
BW - Babcock & Wilcox Enterprises Buy 82,062 2.04
BKS - Barnes & Noble Buy 343,940 0.62
PRG - PROG Holdings Inc. Reduce 10.72% 91,200 0.49
FL - Foot Locker Inc. Reduce 13.04% 29,370 0.31
FII-OLD - Federated Investors Inc. Reduce 15.01% 45,300 0.19
RS - Reliance Steel & Aluminum Reduce 15.75% 29,400 0.24
BWXT - BWX Technologies Inc. Reduce 35.42% 251,965 0.98
ROSE-OLD - Rosetta Resources Inc. Sell 100.00% 1,900,302 6.31
ATW - Atwood Oceanics Inc. Sell 100.00% 1,065,100 4.04
Q2  2015
APOL - Apollo Education Group Inc. Add 79.87% 1,334,000 2.47
VECO - Veeco Instruments Add 47.88% 115,727 0.48
DAN - Dana Inc. Add 41.10% 323,900 0.96
ATGE - Adtalem Global Education Add 9.28% 106,510 0.46
WDC - Western Digital Corp. Reduce 5.82% 33,400 0.38
HP - Helmerich & Payne Reduce 14.64% 95,400 0.96
ARW - Arrow Electronics Reduce 15.53% 122,500 0.98
AVT - Avnet Inc. Reduce 16.88% 222,800 1.32
ARRS - ARRIS International plc Reduce 17.06% 387,200 1.70
FII-OLD - Federated Investors Inc. Reduce 17.57% 64,300 0.31
IDCC - InterDigital Inc. Reduce 19.75% 188,600 1.54
FL - Foot Locker Inc. Reduce 21.42% 61,400 0.59
OSK - Oshkosh Corp. Reduce 21.82% 116,200 0.71
XEC - Cimarex Energy Co. Reduce 23.40% 121,700 1.93
ROSE-OLD - Rosetta Resources Inc. Reduce 25.94% 665,500 2.21
RDC - Rowan Cos. Reduce 28.08% 774,700 2.35
SM - SM Energy Co. Reduce 45.57% 235,400 1.56
TRN - Trinity Industries Sell 100.00% 427,500 1.90
CNC - Centene Corp. Sell 100.00% 121,200 1.07
Q1  2015
XEC - Cimarex Energy Co. Add 84.40% 238,000 3.43
ROSE-OLD - Rosetta Resources Inc. Add 18.34% 397,602 0.85
RDC - Rowan Cos. Add 3.00% 80,400 0.18
HP - Helmerich & Payne Buy 651,635 5.56
DAN - Dana Inc. Buy 788,000 2.09
AVT - Avnet Inc. Reduce 5.12% 71,200 0.40
FL - Foot Locker Inc. Reduce 16.90% 58,300 0.46
IDCC - InterDigital Inc. Reduce 16.92% 194,500 1.24
ARW - Arrow Electronics Reduce 18.55% 179,600 1.38
ATW - Atwood Oceanics Inc. Reduce 35.31% 581,300 2.05
SM - SM Energy Co. Reduce 35.96% 290,109 1.88
CNC - Centene Corp. Reduce 62.20% 199,400 1.76
VAL - Valaris plc Sell 100.00% 1,402,800 4.76
TWI - Titan International Inc. Sell 100.00% 904,855 1.09
Q4  2014
AGCO - AGCO Corp. Add 87.29% 244,500 1.25
SM - SM Energy Co. Add 79.87% 358,200 1.57
ROSE-OLD - Rosetta Resources Inc. Add 48.63% 709,400 1.80
ATW - Atwood Oceanics Inc. Add 32.50% 403,800 1.30
XEC - Cimarex Energy Co. Add 15.01% 36,800 0.44
RDC - Rowan Cos. Add 13.50% 318,600 0.84
VAL - Valaris plc Add 12.18% 152,300 0.52
ARRS - ARRIS International plc Add 10.37% 213,163 0.73
PRG - PROG Holdings Inc. Add 7.37% 58,400 0.20
OSK - Oshkosh Corp. Add 1.68% 8,800 0.05
ATGE - Adtalem Global Education Add 1.28% 14,500 0.08
BWXT - BWX Technologies Inc. Buy 711,400 2.44
CUB - Cubic Corp. Buy 272,700 1.63
AVT - Avnet Inc. Reduce 9.75% 150,300 0.73
WDC - Western Digital Corp. Reduce 10.08% 64,300 0.81
ARW - Arrow Electronics Reduce 14.27% 161,200 1.06
IDCC - InterDigital Inc. Reduce 16.07% 220,100 1.32
FL - Foot Locker Inc. Reduce 24.99% 114,900 0.73
APOL - Apollo Education Group Inc. Reduce 25.88% 583,100 2.26
FII-OLD - Federated Investors Inc. Reduce 30.20% 158,400 0.59
CNC - Centene Corp. Reduce 31.76% 149,200 0.88
TWI - Titan International Inc. Reduce 42.23% 661,345 0.80
HP - Helmerich & Payne Sell 100.00% 157,800 1.67
SIG - Signet Jewelers Ltd. Sell 100.00% 133,100 1.64
BHI - Baker Hughes OLD Sell 100.00% 217,300 1.53
CTRA - Coterra Energy Inc. Sell 100.00% 80,800 0.29
Q3  2014
PRG - PROG Holdings Inc. Add 78.33% 348,196 0.91
SM - SM Energy Co. Add 48.76% 147,000 1.24
XEC - Cimarex Energy Co. Add 39.40% 69,300 0.95
VAL - Valaris plc Add 31.38% 298,700 1.33
TWI - Titan International Inc. Add 23.39% 296,900 0.38
AGCO - AGCO Corp. Add 15.55% 37,700 0.19
ATW - Atwood Oceanics Inc. Add 15.08% 162,800 0.77
ARRS - ARRIS International plc Add 12.28% 224,900 0.69