GAM Systematic’s Ares Capital ARCC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-29,277	Closed	-$482K	–	615
2015 Q2	$482K	Sell	29,277 -92,737	-76%	-$1.53M	0.06%	307
2015 Q1	$2.1M	Buy	122,014 +40,524	+50%	+$696K	0.29%	145
2014 Q4	$1.27M	Buy	+81,490	New	+$1.27M	0.26%	172