Elm Ridge Management’s BP BP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-370,402	Closed	-$14.7M	–	44
2013 Q4	$14.7M	Sell	370,402 -75,635	-17%	-$3.01M	1.8%	22
2013 Q3	$15.3M	Sell	446,037 -19,207	-4%	-$660K	1.67%	23
2013 Q2	$15.9M	Buy	+465,244	New	+$15.9M	1.87%	19