Delphi Management, Inc. Buys JPMorgan Chase, Principal Financial Group Inc, Equinor ASA, Sells Royal Dutch Shell PLC, Milacron Holdings Corp, Freeport-McMoRan Inc

• New Purchases: JPM, PFG, EQNR, WLL, KNL, STAG, SWKS, SNX, BWA, WNC,
• Added Positions: GPOR, PRSP, CNBKA, NBL, CMCSA, RCL, THO, CCL, UNM, BDC,
• Reduced Positions: SPB, AAPL, BRK.B, MGA, HOFT, HCLP, FDX, PVH, ABBV, UCTT,
• Sold Out: RDS.A, MCRN, FCX, ZBH, TECD, CELG, WHR, ACU, AGX, RIO,

For the details of Scott Black's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Scott+Black

1. Apple Inc (AAPL) - 28,792 shares, 3.38% of the total portfolio. Shares reduced by 14.55%
2. Berkshire Hathaway Inc (BRK.B) - 24,313 shares, 2.97% of the total portfolio. Shares reduced by 12.83%
3. Hi-Crush Partners LP (HCLP) - 176,749 shares, 1.66% of the total portfolio. Shares reduced by 16.22%
4. STORE Capital Corp (STOR) - 94,422 shares, 1.6% of the total portfolio. Shares reduced by 3.68%
5. Comcast Corp (CMCSA) - 71,127 shares, 1.57% of the total portfolio. Shares added by 10.74%

Delphi Management, Inc. initiated holding in JPMorgan Chase & Co. The purchase prices were between $103.24 and $114.29, with an estimated average price of $109.74. The stock is now traded at around $114.45. The impact to a portfolio due to this purchase was 1.5%. The holding were 21,216 shares as of 2018-06-30.

Delphi Management, Inc. initiated holding in Principal Financial Group Inc. The purchase prices were between $52.58 and $61.46, with an estimated average price of $58.14. The stock is now traded at around $56.23. The impact to a portfolio due to this purchase was 1.34%. The holding were 37,449 shares as of 2018-06-30.

Delphi Management, Inc. initiated holding in Equinor ASA. The purchase prices were between $23.26 and $27.4, with an estimated average price of $25.99. The stock is now traded at around $25.52. The impact to a portfolio due to this purchase was 1.32%. The holding were 80,862 shares as of 2018-06-30.

Delphi Management, Inc. initiated holding in Whiting Petroleum Corp. The purchase prices were between $32.74 and $55.46, with an estimated average price of $45.98. The stock is now traded at around $45.98. The impact to a portfolio due to this purchase was 1.27%. The holding were 41,575 shares as of 2018-06-30.

Delphi Management, Inc. initiated holding in Knoll Inc. The purchase prices were between $19.07 and $21.39, with an estimated average price of $20.51. The stock is now traded at around $22.92. The impact to a portfolio due to this purchase was 1.24%. The holding were 88,885 shares as of 2018-06-30.

Delphi Management, Inc. initiated holding in Stag Industrial Inc. The purchase prices were between $23.35 and $27.29, with an estimated average price of $25.55. The stock is now traded at around $29.00. The impact to a portfolio due to this purchase was 1.19%. The holding were 70,634 shares as of 2018-06-30.

Delphi Management, Inc. added to a holding in Gulfport Energy Corp by 414.79%. The purchase prices were between $8.76 and $12.57, with an estimated average price of $10.31. The stock is now traded at around $11.03. The impact to a portfolio due to this purchase was 0.92%. The holding were 159,945 shares as of 2018-06-30.

Delphi Management, Inc. added to a holding in Perspecta Inc by 520.33%. The purchase prices were between $20.01 and $26.7, with an estimated average price of $22.94. The stock is now traded at around $23.39. The impact to a portfolio due to this purchase was 0.85%. The holding were 75,500 shares as of 2018-06-30.

Delphi Management, Inc. added to a holding in Century Bancorp Inc by 240.26%. The purchase prices were between $75.6 and $81.25, with an estimated average price of $78.89. The stock is now traded at around $76.10. The impact to a portfolio due to this purchase was 0.32%. The holding were 9,568 shares as of 2018-06-30.

Delphi Management, Inc. sold out a holding in Royal Dutch Shell PLC. The sale prices were between $62.55 and $73.64, with an estimated average price of $69.27.

Delphi Management, Inc. sold out a holding in Milacron Holdings Corp. The sale prices were between $17.89 and $21.03, with an estimated average price of $19.72.

Delphi Management, Inc. sold out a holding in Freeport-McMoRan Inc. The sale prices were between $14.95 and $19.57, with an estimated average price of $16.96.

Delphi Management, Inc. sold out a holding in Zimmer Biomet Holdings Inc. The sale prices were between $105.18 and $117.46, with an estimated average price of $112.11.

Delphi Management, Inc. sold out a holding in Tech Data Corp. The sale prices were between $75.96 and $89.43, with an estimated average price of $82.22.

Delphi Management, Inc. sold out a holding in Celgene Corp. The sale prices were between $74.69 and $92.08, with an estimated average price of $83.1.

Delphi Management, Inc. reduced to a holding in Spectrum Brands Holdings Inc by 84.23%. The sale prices were between $69.37 and $99, with an estimated average price of $83.22. The stock is now traded at around $91.32. The impact to a portfolio due to this sale was -0.67%. Delphi Management, Inc. still held 1,990 shares as of 2018-06-30.

Delphi Management, Inc. reduced to a holding in Magna International Inc by 23.22%. The sale prices were between $54.23 and $66.68, with an estimated average price of $62.05. The stock is now traded at around $55.00. The impact to a portfolio due to this sale was -0.35%. Delphi Management, Inc. still held 33,726 shares as of 2018-06-30.

Delphi Management, Inc. reduced to a holding in Hooker Furniture Corp by 30.15%. The sale prices were between $36.6 and $49.75, with an estimated average price of $41.01. The stock is now traded at around $46.90. The impact to a portfolio due to this sale was -0.34%. Delphi Management, Inc. still held 35,126 shares as of 2018-06-30.

Delphi Management, Inc. reduced to a holding in PVH Corp by 23.49%. The sale prices were between $149.72 and $168.16, with an estimated average price of $157.37. The stock is now traded at around $151.04. The impact to a portfolio due to this sale was -0.22%. Delphi Management, Inc. still held 7,809 shares as of 2018-06-30.