Kingstown Capital Management’s Vodafone VOD Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-1,250,000	Closed	-$46M	–	18
2014 Q1	$46M	Sell	1,250,000 -908,200	-42%	-$33.4M	5.76%	7
2013 Q4	$86.5M	Hold	2,158,200	–	–	10.73%	1
2013 Q3	$77.4M	Buy	2,158,200 +392,400	+22%	+$14.1M	11.8%	1
2013 Q2	$51.7M	Buy	+1,765,800	New	+$51.7M	8.58%	2