Ardsley Advisory Partners’s City Office REIT CIO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-730,000	Closed	-$10.1M	–	142
2017 Q3	$10.1M	Sell	730,000 -10,000	-1%	-$127K	1.75%	24
2017 Q2	$9.39M	Sell	740,000 -10,000	-1%	-$125K	1.83%	21
2017 Q1	$9.11M	Buy	750,000 +2,000	+0.3%	+$25.2K	1.8%	21
2016 Q4	$9.85M	Sell	748,000 -56,200	-7%	-$704K	2.05%	17
2016 Q3	$10.2M	Sell	804,200 -30,000	-4%	-$395K	1.87%	21
2016 Q2	$10.8M	Hold	834,200	–	–	2.17%	14
2016 Q1	$9.51M	Buy	834,200 +337,500	+68%	+$3.99M	1.99%	19
2015 Q4	$6.05M	Buy	496,700 +186,000	+60%	+$2.15M	1.01%	40
2015 Q3	$3.53M	Hold	310,700	–	–	0.95%	35
2015 Q2	$3.85M	Sell	310,700 -14,300	-4%	-$184K	0.48%	48
2015 Q1	$4.14M	Buy	325,000 +42,500	+15%	+$539K	0.71%	47
2014 Q4	$3.62M	Buy	+282,500	New	+$3.69M	0.69%	42