Arbiter Partners Capital Management’s PJT Partners PJT Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-185,600	Closed	-$5.25M	–	99
2015 Q4	$5.25M	Buy	+185,600	New	+$5.25M	0.67%	17