Kerrisdale Advisers’s VIOLIN MEMORY, INC. VMEM Stock Holding History

Kerrisdale Advisers’s Portfolio VMEM Stock Details VMEM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-78,865	Closed	-$1.4M	–	48
2014 Q2	$1.4M	Sell	78,865 -61,793	-44%	-$928K	0.67%	21
2014 Q1	$2.25M	Buy	+140,658	New	+$2.28M	1.11%	19

Other funds holding VMEM

Global Endowment Management Charlotte, North Carolina $896M AUM 13.86% 1-Year Est. Return

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Gilder Gagnon Howe & Co New York $8.34B AUM 46.58% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Hood River Capital Management Palm Beach Gardens, Florida $9.98B AUM 145.42% 1-Year Est. Return

General Electric Evendale, Ohio $308M AUM 40.86% 1-Year Est. Return

Taconic Capital Advisors New York $140M AUM 110.07% 1-Year Est. Return

Soros Fund Management New York $7.29B AUM 30.69% 1-Year Est. Return

Adirondack Research & Management Guilderland, New York $82.2M AUM 63.78% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return