Antipodean Advisors’s United Airlines UAL Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-326,000	Closed	-$21.9M	–	32
2015 Q1	$21.9M	Buy	+326,000	New	+$21.9M	2.05%	17
2013 Q4	–	Sell	-654,000	Closed	-$20.1M	–	31
2013 Q3	$20.1M	Buy	+654,000	New	+$20.1M	2.1%	20