Claren Road Asset Management’s Las Vegas Sands LVS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-1,000,000	Closed	-$76.2M	–	21
2014 Q2	$76.2M	Buy	1,000,000 +400,000	+67%	+$30.5M	5.33%	6
2014 Q1	$48.5M	Buy	+600,000	New	+$48.5M	2.12%	11