EJF Capital’s NorthStar Realty Finance Corp. NRF Stock Holding History

EJF Capital’s Portfolio NRF Stock Details NRF Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-35,000	Closed	-$530K	–	110
2016 Q4	$530K	Sell	35,000 -115,000	-77%	-$1.67M	0.04%	82
2016 Q3	$1.98M	Sell	150,000 -1,705,000	-92%	-$22M	0.16%	79
2016 Q2	$21.2M	Buy	1,855,000 +230,000	+14%	+$2.95M	1.99%	15
2016 Q1	$21.3M	Buy	1,625,000 +1,555,000	+2,221%	+$19.1M	1.33%	22
2015 Q4	$1.19M	Sell	70,000 -2,425,000	-97%	-$48.8M	0.09%	78
2015 Q3	$61.6M	Buy	2,495,000 +2,452,500	+5,771%	+$73M	2.99%	8
2015 Q2	$1.35M	Sell	42,500 -242,500	-85%	-$8.72M	0.05%	93
2015 Q1	$10.3M	Sell	285,000 -95,000	-25%	-$3.52M	0.36%	39
2014 Q4	$13.4M	Buy	+380,000	New	+$13.5M	0.55%	32
2014 Q3	–	Sell	-11,956	Closed	-$408K	–	153
2014 Q2	$408K	Hold	11,956	–	–	0.02%	118
2014 Q1	$379K	Sell	11,956 -188,423	-94%	-$5.54M	0.02%	127
2013 Q4	$5.29M	Buy	200,379 +134,176	+203%	+$2.71M	0.35%	62
2013 Q3	$1.21M	Buy	66,203 +35,648	+117%	+$649K	0.09%	92
2013 Q2	$546K	Buy	+30,555	New	+$557K	0.05%	108

Other funds holding NRF

PMLI

Penn Mutual Life Insurance Horsham, Pennsylvania $125M AUM 9.1% 1-Year Est. Return

Corrado Advisors Ramsey, New Jersey $192M AUM 20.53% 1-Year Est. Return

EJF Capital's NRF Position: Q1 2017 in Review

EJF Capital sold out of NorthStar Realty Finance Corp. (NRF) in Q1 2017, closing a stake of 35,000 shares — an estimated $530K sold.

EJF Capital first reported a position in NRF in Q2 2013 and held it in 14 quarters. The position peaked at $61.6M in Q3 2015. 2 funds tracked by Wall St. Rank hold NRF as of Q1 2017.

EJF Capital reported no remaining NorthStar Realty Finance Corp. position as of Q1 2017 after selling out during the quarter.
EJF Capital sold 35,000 NorthStar Realty Finance Corp. shares in Q1 2017, an estimated $530K.
EJF Capital first reported a position in NorthStar Realty Finance Corp. in Q2 2013 and held it in 14 quarters.
EJF Capital's NorthStar Realty Finance Corp. position peaked at $61.6M in Q3 2015.
2 funds tracked by Wall St. Rank held NorthStar Realty Finance Corp. as of Q1 2017.

Based on EJF Capital's 13F filing for Q1 2017, filed 15 May 2017.