Blue Clay Capital Management’s ARI Network Services, Inc. ARIS Stock Holding History

Blue Clay Capital Management’s Portfolio ARIS Stock Details ARIS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-75,079	Closed	-$315K	–	125
2016 Q2	$315K	Hold	75,079	–	–	0.37%	66
2016 Q1	$330K	Hold	75,079	–	–	0.31%	78
2015 Q4	$338K	Buy	+75,079	New	+$298K	0.28%	83

Other funds holding ARIS

CPA

Cowen Prime Advisors New York $290M AUM 57.8% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

1WCM

12 West Capital Management New York $592M AUM 40.75% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

FWSM

First Wilshire Securities Management Pasadena, California $444M AUM 42.88% 1-Year Est. Return

AIC

AWM Investment Company New York $903M AUM 163.47% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

HCM

Hodges Capital Management Dallas, Texas $1.21B AUM 49% 1-Year Est. Return

PCM

Perritt Capital Management Chicago, Illinois $59.8M AUM 26.94% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $303B AUM 30.15% 1-Year Est. Return

Blue Clay Capital Management's ARIS Position: Q3 2016 in Review

Blue Clay Capital Management sold out of ARI Network Services, Inc. (ARIS) in Q3 2016, closing a stake of 75,079 shares — an estimated $315K sold.

Blue Clay Capital Management first reported a position in ARIS in Q4 2015 and held it in 3 quarters. The position peaked at $338K in Q4 2015. 28 funds tracked by Wall St. Rank hold ARIS as of Q3 2016.

Blue Clay Capital Management reported no remaining ARI Network Services, Inc. position as of Q3 2016 after selling out during the quarter.
Blue Clay Capital Management sold 75,079 ARI Network Services, Inc. shares in Q3 2016, an estimated $315K.
Blue Clay Capital Management first reported a position in ARI Network Services, Inc. in Q4 2015 and held it in 3 quarters.
Blue Clay Capital Management's ARI Network Services, Inc. position peaked at $338K in Q4 2015.
28 funds tracked by Wall St. Rank held ARI Network Services, Inc. as of Q3 2016.

Based on Blue Clay Capital Management's 13F filing for Q3 2016, filed 14 Nov 2016.