Loeb Offshore Management’s Ambac AMBC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-170,571	Closed	-$4.19M	–	148
2013 Q4	$4.19M	Buy	170,571 +145,844	+590%	+$3.58M	1.16%	26
2013 Q3	$449K	Buy	24,727 +4,727	+24%	+$85.8K	0.14%	140
2013 Q2	$477K	Buy	+20,000	New	+$477K	0.24%	88