Espalier Global Management’s CME Group CME Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-75,000	Closed	-$6M	–	61
2014 Q3	$6M	Buy	+75,000	New	+$6M	0.32%	32
2014 Q1	–	Sell	-100,000	Closed	-$7.85M	–	69
2013 Q4	$7.85M	Buy	+100,000	New	+$7.85M	0.75%	31