John Rogers - Ariel Appreciation Fund
Holding/activity history for Pitney Bowes Inc. (PBI)
| Period | Shares | % of Portfolio | Activity | % Change to Portfolio | Reported Price |
| 2008 Q4 | 0 | 0 | Sell 100.00% | 2.80 | |
| 2008 Q3 | 1,231,475 | 2.80 | Reduce 35.46% | 1.54 | $33.26 |
| 2008 Q2 | 1,908,075 | 3.93 | $34.10 | ||
| 2008 Q1 | 1,908,075 | 3.70 | Reduce 11.20% | 0.47 | $35.02 |
| 2007 Q4 | 2,148,675 | 3.88 | Add 6.40% | 0.23 | $38.04 |
| 2007 Q3 | 2,019,475 | 3.75 | Reduce 20.11% | 0.94 | $45.42 |
| 2007 Q2 | 2,527,675 | 4.33 | Reduce 1.81% | 0.08 | $46.82 |
| 2007 Q1 | 2,574,375 | 4.39 | Reduce 11.46% | 0.57 | $45.39 |
| 2006 Q4 | 2,907,475 | 5.03 | $46.19 |