Beach Investment Counsel’s Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest HT Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q2	–	Sell	-14,935	Closed	-$319K	–	167
2016 Q1	$319K	Sell	14,935 -84,259	-85%	-$1.8M	0.04%	142
2015 Q4	$2.16M	Buy	99,194 +21,215	+27%	+$462K	0.25%	72
2015 Q3	$1.77M	Sell	77,979 -70,128	-47%	-$1.59M	0.22%	75
2015 Q2	$3.8M	Buy	+148,107	New	+$3.8M	0.38%	51