Arbiter Partners Capital Management’s Direxion Daily Emerging Markets Bear 3x Shares EDZ Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-4,020	Closed	-$754K	–	94
2014 Q4	$754K	Buy	+4,020	New	+$754K	0.07%	47