CQS Cayman’s Franco-Nevada FNV Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-20,000	Closed	-$906K	–	108
2013 Q3	$906K	Sell	20,000 -12,500	-38%	-$566K	0.11%	88
2013 Q2	$1.16M	Buy	+32,500	New	+$1.16M	0.17%	69