Hussman Strategic Advisors’s OneSpan OSPN Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-400,000	Closed	-$6.82M	–	227
2015 Q3	$6.82M	Buy	400,000 +50,000	+14%	+$852K	0.86%	46
2015 Q2	$10.6M	Hold	350,000	–	–	1.22%	21
2015 Q1	$7.54M	Buy	+350,000	New	+$7.54M	0.79%	50