Herring Creek Capital 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 Q3	–	Sell	-264,023	Closed	-$10.8M	–	32
2014 Q2	$10.8M	Buy	264,023 +170,608	+183%	+$7.01M	2.12%	21
2014 Q1	$4.17M	Sell	93,415 -260,669	-74%	-$11.6M	0.92%	25
2013 Q4	$13.4M	Buy	+354,084	New	+$13.4M	3.08%	16