Alpine Global Management’s Vanguard FTSE Emerging Markets ETF VWO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q2	–	Sell	-437,060	Closed	-$15.1M	–	253
2016 Q1	$15.1M	Sell	437,060 -484,619	-53%	-$16.8M	3.45%	5
2015 Q4	$30.1M	Buy	+921,679	New	+$30.1M	9.67%	2