Connective Capital Management’s Barclays Bank PLC iPath Exchange Traded Notes Linked to Goldman Sachs Crude Oil Total Return In OIL Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-191,057	Closed	-$1.62M	–	43
2015 Q3	$1.62M	Hold	191,057	–	–	3.32%	9
2015 Q2	$2.31M	Sell	191,057 -251,083	-57%	-$3.03M	4.87%	5
2015 Q1	$4.44M	Buy	442,140 +225,240	+104%	+$2.26M	6.97%	3
2014 Q4	$2.72M	Buy	+216,900	New	+$2.72M	4.43%	5