Ardsley Advisory Partners’s VOXELJET AG American Depositary Shares (each representing one Ordinary Share) VJET Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-9,400	Closed	-$984K	–	246
2014 Q2	$984K	Buy	9,400 +4,400	+88%	+$461K	0.13%	83
2014 Q1	$629K	Sell	5,000 -2,000	-29%	-$252K	0.09%	100
2013 Q4	$1.38M	Buy	+7,000	New	+$1.38M	0.18%	50