Kingstown Capital Management’s General Dynamics GD Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-150,000	Closed	-$14.3M	–	22
2013 Q4	$14.3M	Sell	150,000 -100,000	-40%	-$9.56M	1.78%	18
2013 Q3	$21.9M	Sell	250,000 -250,000	-50%	-$21.9M	3.34%	15
2013 Q2	$39.2M	Buy	+500,000	New	+$39.2M	6.5%	6