Discovery Capital Management’s National Bank Holdings NBHC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-916,500	Closed	-$19.6M	–	149
2013 Q4	$19.6M	Sell	916,500 -33,500	-4%	-$717K	0.15%	89
2013 Q3	$19.5M	Buy	+950,000	New	+$19.5M	0.17%	80