On Dec 23, 2014 we exited our position in Stewart Information Services (STC) at $36.50/share. The shares were acquired at an average cost (including commissions) at $31.01/share on Aug 9, 2013. The stock was a little over 5% of the portfolio when it was sold.
While we did not reach our target sell price for the stock, we sold the stock to increase our cash position so we can be ready for new opportunities to arise with the oil price shock to the market. Currently, cash is over 23% of the portfolio.