Bulldog Investors’s ZAIS Group Holdings, Inc. ZAIS Stock Holding History

Bulldog Investors’s Portfolio ZAIS Stock Details ZAIS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-1,187,411	Closed	-$12.4M	–	75
2014 Q4	$12.4M	Hold	1,187,411	–	–	2.68%	12
2014 Q3	$12.3M	Hold	1,187,411	–	–	2.58%	12
2014 Q2	$12.2M	Hold	1,187,411	–	–	2.58%	12
2014 Q1	$12.2M	Hold	1,187,411	–	–	2.78%	10
2013 Q4	$12.1M	Sell	1,187,411 -108,983	-8%	-$1.11M	2.71%	13
2013 Q3	$13.1M	Sell	1,296,394 -53,606	-4%	-$544K	2.95%	10
2013 Q2	$13.6M	Buy	+1,350,000	New	+$13.7M	2.98%	12

Other funds holding ZAIS

RQSI Nassau, Bahamas $224M AUM

Royce & Associates New York $12.4B AUM 64.17% 1-Year Est. Return

WFI

West Family Investments Carlsbad, California $345M AUM 46.29% 1-Year Est. Return

Cannell Capital Alta, Wyoming $149M AUM 39.81% 1-Year Est. Return

HCM

Howland Capital Management Boston, Massachusetts $2.77B AUM 19.56% 1-Year Est. Return

Millennium Management New York $276B AUM 44.8% 1-Year Est. Return

TRCT

Tower Research Capital (TRC) New York $4.08B AUM 58.77% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Bulldog Investors's ZAIS Position: Q1 2015 in Review

Bulldog Investors sold out of ZAIS Group Holdings, Inc. (ZAIS) in Q1 2015, closing a stake of 1,187,411 shares — an estimated $12.4M sold.

Bulldog Investors first reported a position in ZAIS in Q2 2013 and held it in 7 quarters. The position peaked at $13.6M in Q2 2013. 9 funds tracked by Wall St. Rank hold ZAIS as of Q1 2015.

Bulldog Investors reported no remaining ZAIS Group Holdings, Inc. position as of Q1 2015 after selling out during the quarter.
Bulldog Investors sold 1,187,411 ZAIS Group Holdings, Inc. shares in Q1 2015, an estimated $12.4M.
Bulldog Investors first reported a position in ZAIS Group Holdings, Inc. in Q2 2013 and held it in 7 quarters.
Bulldog Investors's ZAIS Group Holdings, Inc. position peaked at $13.6M in Q2 2013.
9 funds tracked by Wall St. Rank held ZAIS Group Holdings, Inc. as of Q1 2015.

Based on Bulldog Investors's 13F filing for Q1 2015, filed 12 May 2015.