Bessemer Group’s ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN MORL Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-330,000	Closed	-$4.75M	–	1874
2015 Q3	$4.75M	Buy	330,000 +180,000	+120%	+$2.59M	0.03%	258
2015 Q2	$2.5M	Buy	+150,000	New	+$2.5M	0.01%	361