Exane Derivatives’s Pinnacle West Capital PNW Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-347,415	Closed	-$22.1M	–	498
2015 Q1	$22.1M	Buy	347,415 +151,698	+78%	+$9.67M	2.44%	10
2014 Q4	$13.4M	Buy	+195,717	New	+$13.4M	1.85%	9