Bain Capital Public Equity Management’s Fang Holdings Limited American Depositary Shares (each representing ten Class A Ordinary Shares) SFUN Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-222,123	Closed	-$82.1M	–	49
2014 Q4	$82.1M	Buy	222,123 +140,938	+174%	+$52.1M	2.05%	20
2014 Q3	$40.4M	Hold	81,185	–	–	1.04%	38
2014 Q2	$39.7M	Buy	+81,185	New	+$39.7M	0.96%	39
2014 Q1	–	Sell	-12,950	Closed	-$10.7M	–	57
2013 Q4	$10.7M	Buy	+12,950	New	+$10.7M	0.3%	41