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HOWARD CAPITAL MANAGEMENT Last Quarter Change: Foreign ADRs, Added

HOWARD CAPITAL MANAGEMENT quarter change: Foreign ADRs, Added

In depositary receipts for foreign shares (depositary receipts and foreign shares traded over the counter), from the quarter ended 2016-06-30 to 2016-09-30, HOWARD CAPITAL MANAGEMENT opened 0 positions, added to 0, reduced 1, sold out of 0 and left 0 unchanged. The largest increase in value was ROYAL DUTCH SHELL CL A (-$54,000); the largest decrease was ROYAL DUTCH SHELL CL A (-$54,000).

Two Form 13F-HR filings compared (SEC CIK 1078658): 2016-06-30 (filed 2016-07-19) and 2016-09-30 (filed 2016-10-25). 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; share change is the position change.

No position of this class changed this way between the two filings.

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