Claren Road Asset Management’s Delta Air Lines DAL Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-2,530,000	Closed	-$87.7M	–	28
2014 Q1	$87.7M	Buy	2,530,000 +450,000	+22%	+$15.6M	3.84%	6
2013 Q4	$57.1M	Buy	+2,080,000	New	+$57.1M	4.61%	7
2013 Q3	–	Sell	-1,000,000	Closed	-$18.7M	–	33
2013 Q2	$18.7M	Buy	+1,000,000	New	+$18.7M	5.04%	7