Chieftain Capital Management’s Aon AON Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-592,984	Closed	-$49.7M	–	11
2013 Q4	$49.7M	Sell	592,984 -876,085	-60%	-$73.5M	3.48%	7
2013 Q3	$109M	Sell	1,469,069 -418,730	-22%	-$31.2M	7.23%	7
2013 Q2	$121M	Buy	+1,887,799	New	+$121M	8.2%	7