Kingdon Capital Management’s Navigator Holdings NVGS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-225,000	Closed	-$5.85M	–	191
2014 Q1	$5.85M	Sell	225,000 -145,000	-39%	-$3.77M	0.3%	78
2013 Q4	$9.97M	Buy	+370,000	New	+$9.97M	0.46%	51