Kingstown Capital Management’s Ryman Hospitality Properties RHP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-600,000	Closed	-$25.5M	–	17
2014 Q1	$25.5M	Sell	600,000 -250,000	-29%	-$10.6M	3.19%	16
2013 Q4	$35.5M	Hold	850,000	–	–	4.41%	12
2013 Q3	$29.3M	Buy	850,000 +600,000	+240%	+$20.7M	4.47%	11
2013 Q2	$9.75M	Buy	+250,000	New	+$9.75M	1.62%	18