Espalier Global Management’s United Airlines UAL Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-175,000	Closed	-$8.19M	–	95
2014 Q3	$8.19M	Buy	+175,000	New	+$8.19M	0.44%	22