Brown Advisory’s Qunar Cayman Islands Limited QUNR Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q2	–	Sell	-81,313	Closed	-$3.23M	–	1100
2016 Q1	$3.23M	Sell	81,313 -210,400	-72%	-$8.36M	0.01%	408
2015 Q4	$15.4M	Buy	291,713 +10,399	+4%	+$548K	0.05%	216
2015 Q3	$8.46M	Buy	+281,314	New	+$8.46M	0.03%	294