Ghost Tree Capital’s Sage Therapeutics SAGE Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2021 Q2	–	Sell	-30,000	Closed	-$2.25M	–	62
2021 Q1	$2.25M	Buy	+30,000	New	+$2.25M	0.53%	40
2020 Q2	–	Sell	-65,000	Closed	-$1.87M	–	47
2020 Q1	$1.87M	Buy	+65,000	New	+$1.87M	0.5%	33
2019 Q4	–	Sell	-110,000	Closed	-$15.4M	–	51
2019 Q3	$15.4M	Buy	110,000 +80,000	+267%	+$11.2M	3.93%	4
2019 Q2	$5.49M	Sell	30,000 -45,000	-60%	-$8.24M	1.14%	23
2019 Q1	$11.9M	Buy	75,000 +71,700	+2,173%	+$11.4M	3.12%	9
2018 Q4	$316K	Sell	3,300 -6,200	-65%	-$594K	0.11%	33
2018 Q3	$1.34M	Buy	+9,500	New	+$1.34M	0.29%	42
2018 Q2	–	Sell	-11,100	Closed	-$1.79M	–	52
2018 Q1	$1.79M	Sell	11,100 -10,437	-48%	-$1.68M	0.36%	44
2017 Q4	$3.55M	Buy	+21,537	New	+$3.55M	0.83%	29
2017 Q3	–	Sell	-50,000	Closed	-$3.98M	–	59
2017 Q2	$3.98M	Sell	50,000 -50,000	-50%	-$3.98M	0.83%	36
2017 Q1	$7.11M	Sell	100,000 -100,000	-50%	-$7.11M	1.32%	26
2016 Q4	$10.2M	Buy	200,000 +25,000	+14%	+$1.28M	2.46%	8
2016 Q3	$8.06M	Buy	+175,000	New	+$8.06M	1.31%	14
2016 Q2	–	Sell	-160,000	Closed	-$5.13M	–	64
2016 Q1	$5.13M	Sell	160,000 -40,000	-20%	-$1.28M	2.9%	8
2015 Q4	$11.7M	Buy	200,000 +159,200	+390%	+$9.28M	4.77%	5
2015 Q3	$1.73M	Sell	40,800 -16,700	-29%	-$707K	0.78%	44
2015 Q2	$4.2M	Sell	57,500 -62,500	-52%	-$4.56M	1.36%	34
2015 Q1	$6.03M	Buy	+120,000	New	+$6.03M	2.17%	11