Hudson Bay Capital Management’s ALPHA NATURAL RESOURCES INC. ANR Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-1,054,864	Closed	-$318K	–	257
2015 Q2	$318K	Sell	1,054,864 -617,875	-37%	-$186K	0.01%	135
2015 Q1	$1.67M	Buy	+1,672,739	New	+$1.67M	0.04%	100
2014 Q4	–	Sell	-178,380	Closed	-$442K	–	228
2014 Q3	$442K	Buy	+178,380	New	+$442K	0.01%	145