Alpine Associates Advisors’s Alcoa AA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q3	$931K	Sell	6,234 -383,695	-98%	-$57.3M	0.59%	39
2014 Q2	$14M	Sell	389,929 -4,578	-1%	-$164K	0.65%	36
2014 Q1	$12.2M	Sell	394,507 -94,715	-19%	-$2.93M	0.76%	33
2013 Q4	$12.5M	Buy	+489,222	New	+$12.5M	0.63%	41