DW Partners’s Clear Channel Outdoor Holdings CCO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-1,507,000	Closed	-$7.01M	–	3
2017 Q3	$7.01M	Hold	1,507,000	–	–	7.21%	7
2017 Q2	$7.31M	Sell	1,507,000 -169,000	-10%	-$794K	5.67%	5
2017 Q1	$10.1M	Sell	1,676,000 -382,000	-19%	-$2.01M	13.51%	3
2016 Q4	$10.4M	Hold	2,058,000	–	–	13.85%	3
2016 Q3	$12M	Sell	2,058,000 -623,000	-23%	-$4.09M	10.26%	5
2016 Q2	$17M	Sell	2,681,000 -50	-0%	-$284	13.91%	3
2016 Q1	$12.5M	Hold	2,681,050	–	–	10.14%	4
2015 Q4	$14.6M	Hold	2,681,050	–	–	14.72%	3
2015 Q3	$19M	Hold	2,681,050	–	–	13.77%	2
2015 Q2	$27.2M	Hold	2,681,050	–	–	8.34%	1
2015 Q1	$26.9M	Buy	2,681,050 +22,700	+0.9%	+$221K	9.79%	1
2014 Q4	$28.2M	Buy	2,658,350 +1,103,333	+71%	+$8.59M	7.29%	3
2014 Q3	$10.7M	Buy	1,555,017 +334,393	+27%	+$2.45M	2.1%	21
2014 Q2	$10M	Buy	+1,220,624	New	+$10.1M	1.12%	30