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OUTFITTER ADVISORS, LTD.
> MRK
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2018 | Merck & Co., Inc. | MRK | 55,698 | -300 | 3,381,000 | 331,000 | $60.70 |
| 03/31/2018 | Merck & Co., Inc. | MRK | 55,998 | 890 | 3,050,000 | -51,000 | $54.47 |
| 12/31/2017 | Merck & Co., Inc. | MRK | 55,108 | -20,934 | 3,101,000 | -1,768,000 | $56.27 |
| 09/30/2017 | Merck & Co., Inc. | MRK | 76,042 | -1,850 | 4,869,000 | -123,000 | $64.03 |
| 06/30/2017 | Merck & Co., Inc. | MRK | 77,892 | -781 | 4,992,000 | -7,000 | $64.09 |
| 03/31/2017 | Merck & Co., Inc. | MRK | 78,673 | 1,378 | 4,999,000 | 449,000 | $63.54 |
| 12/31/2016 | Merck & Co., Inc. | MRK | 77,295 | 2,780 | 4,550,000 | -100,000 | $58.87 |
| 09/30/2016 | Merck & Co., Inc. | MRK | 74,515 | 200 | 4,650,000 | 369,000 | $62.40 |
| 06/30/2016 | Merck & Co., Inc. | MRK | 74,315 | 3,475 | 4,281,000 | 533,000 | $57.61 |
| 03/31/2016 | Merck & Co., Inc. | MRK | 70,840 | 25,332 | 3,748,000 | 1,581,000 | $52.91 |
| 12/31/2015 | Merck & Co., Inc. | MRK | 45,230 | -278 | 2,389,000 | 222,000 | $52.82 |
| 09/30/2015 | Merck & Co., Inc. | MRK | 44,430 | -1,078 | 2,194,000 | 27,000 | $49.38 |
| 06/30/2015 | Merck & Co., Inc. | MRK | 45,033 | -475 | 2,564,000 | 397,000 | $56.94 |
| 03/31/2015 | Merck & Co., Inc. | MRK | 44,818 | -690 | 2,576,000 | 409,000 | $57.48 |
| 12/31/2014 | Merck & Co., Inc. | MRK | 45,008 | -500 | 2,556,000 | 389,000 | $56.79 |
| 09/30/2014 | Merck & Co., Inc. | MRK | 44,808 | -700 | 2,656,000 | 489,000 | $59.28 |
| 06/30/2014 | Merck & Co., Inc. | MRK | 44,608 | -900 | 2,581,000 | 414,000 | $57.86 |
| 03/31/2014 | Merck & Co., Inc. | MRK | 44,408 | -1,100 | 2,521,000 | 354,000 | $56.77 |
| 12/31/2013 | Merck & Co., Inc. | MRK | 45,508 | 0 | 2,278,000 | 111,000 | $50.06 |
| 09/30/2013 | Merck & Co., Inc. | MRK | 45,508 | 757 | 2,167,000 | 189,000 | $47.62 |
| 06/30/2013 | Merck & Co., Inc. | MRK | 45,766 | 1,015 | 2,126,000 | 148,000 | $46.45 |
| 03/31/2013 | Merck & Co., Inc. | MRK | 44,751 | -338 | 1,978,000 | 132,000 | $44.20 |
| 12/31/2012 | Merck & Co., Inc. | MRK | 45,089 | -156 | 1,846,000 | -194,000 | $40.94 |
| 09/30/2012 | Merck & Co., Inc. | MRK | 45,245 | -2,761 | 2,040,000 | 36,000 | $45.09 |
| 06/30/2012 | Merck & Co., Inc. | MRK | 48,006 | -411 | 2,004,000 | 145,000 | $41.74 |
| 03/31/2012 | Merck & Co., Inc. | MRK | 48,417 | 28 | 1,859,000 | 35,000 | $38.40 |
| 12/31/2011 | Merck & Co., Inc. | MRK | 48,389 | 3,367 | 1,824,000 | 352,000 | $37.69 |
| 09/30/2011 | Merck & Co., Inc. | MRK | 45,022 | 1,150 | 1,472,000 | -76,000 | $32.70 |
| 06/30/2011 | Merck & Co., Inc. | MRK | 43,872 | -7,087 | 1,548,000 | -134,000 | $35.28 |
| 03/31/2011 | Merck & Co., Inc. | MRK | 50,959 | -17,101 | 1,682,000 | -771,000 | $33.01 |
| 12/31/2010 | Merck & Co., Inc. | MRK | 68,060 | 4,405 | 2,453,000 | 110,000 | $36.04 |
| 09/30/2010 | Merck & Co., Inc. | MRK | 63,655 | 10,021 | 2,343,000 | 467,000 | $36.81 |
| 06/30/2010 | Merck & Co., Inc. | MRK | 53,634 | 11,260 | 1,876,000 | 293,000 | $34.98 |
| 03/31/2010 | Merck & Co., Inc. | MRK | 42,374 | 42,374 | 1,583,000 | 1,583,000 | $37.36 |
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