HCSF Management’s AeroVironment AVAV Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2017 Q2	–	Sell	-510,000	Closed	-$14.3M	–	12
2017 Q1	$14.3M	Hold	510,000	–	–	10.39%	5
2016 Q4	$13.7M	Hold	510,000	–	–	9.8%	6
2016 Q3	$12.4M	Hold	510,000	–	–	9.91%	6
2016 Q2	$14.2M	Hold	510,000	–	–	10.88%	6
2016 Q1	$14.4M	Hold	510,000	–	–	11.32%	6
2015 Q4	$15M	Hold	510,000	–	–	13.95%	3
2015 Q3	$10.2M	Buy	510,000 +90,000	+21%	+$1.8M	10.8%	5
2015 Q2	$11M	Hold	420,000	–	–	9.16%	7
2015 Q1	$11.1M	Buy	420,000 +40,000	+11%	+$1.06M	9.9%	7
2014 Q4	$10.4M	Buy	+380,000	New	+$10.4M	9.5%	7