Alpine Associates Advisors’s Intercontinental Exchange ICE Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-817,000	Closed	-$32.3M	–	78
2014 Q1	$32.3M	Sell	817,000 -534,920	-40%	-$21.2M	2.02%	16
2013 Q4	$60.8M	Buy	+1,351,920	New	+$60.8M	3.07%	9