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Arbor Wealth Management, LLC Historic Quarter Change: Foreign Stocks, Added

Arbor Wealth Management, LLC historic quarter change: Foreign Stocks, Added

In share positions in stocks (depositary receipts and foreign shares traded over the counter), over 3 quarters from 2015-12-31 to 2016-09-30, Arbor Wealth Management, LLC opened 0 positions, added to 2, reduced 1 and sold out of 3.

  • Q2 2016: Stock NVS; Country of operation —; Class SPONSORED ADR; Shares before 11,802.
  • Q1 2016: Stock NVS; Country of operation —; Class SPONSORED ADR; Shares before 5,176.

Each consecutive pair of Form 13F-HR filings compared (SEC CIK 1667164), 3 quarters: Q3 2016 (2016-06-30 to 2016-09-30, filed 2016-11-14); Q2 2016 (2016-03-31 to 2016-06-30, filed 2016-08-10); Q1 2016 (2015-12-31 to 2016-03-31, filed 2016-05-16). Rows for the same security, class and put/call are added together. Value change is the filed value at each quarter end, so it includes the price move. Only the filings held here are compared; the firm's 13F-HR filings go back to the quarter ended 2015-12-31.

QuarterStockCountry of operationClassShares beforeShares afterShare changeValue beforeValue afterValue changeFiled
Q2 2016NVS
NOVARTIS AG
SPONSORED ADR11,80218,685+6,883$885,000$1,554,000+$669,0002016-08-10
Q1 2016NVS
NOVARTIS AG ADR
SPONSORED ADR5,17611,802+6,626$373,000$885,000+$512,0002016-05-16

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