Absolute Return Capital’s Iridium Communications IRDM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-61,984	Closed	-$524K	–	773
2014 Q2	$524K	Buy	61,984 +19,373	+45%	+$164K	0.01%	829
2014 Q1	$320K	Buy	+42,611	New	+$320K	﹤0.01%	948