Masters Capital Management’s NORANDA ALUM HLDG CORP COM NEW NOR Stock Holding History

Masters Capital Management’s Portfolio NOR Stock Details NOR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-252,452	Closed	-$5.25M	–	84
2015 Q1	$5.25M	Buy	252,452 +36,571	+17%	+$818K	0.15%	56
2014 Q4	$5.32M	Buy	215,881 +37,310	+21%	+$1.01M	0.15%	54
2014 Q3	$5.65M	Buy	178,571 +35,714	+25%	+$1.1M	0.21%	48
2014 Q2	$3.53M	Sell	142,857 -28,572	-17%	-$714K	0.16%	47
2014 Q1	$4.93M	Buy	+171,429	New	+$4.52M	0.17%	50

Other funds holding NOR

Hotchkis & Wiley Capital Management Los Angeles, California $32.4B AUM 17.21% 1-Year Est. Return

Royce & Associates New York $10.1B AUM 42.88% 1-Year Est. Return

DCCA

D.C. Capital Advisors New York $28.9M AUM 102.41% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

TAM

Third Avenue Management New York $616M AUM 45.6% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

PCM

Penn Capital Management Philadelphia, Pennsylvania $1.29B AUM 53.44% 1-Year Est. Return

PGCM

Prescott Group Capital Management Tulsa, Oklahoma $1B AUM 51.95% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Citadel Advisors Miami, Florida $618B AUM 30.34% 1-Year Est. Return

Masters Capital Management's NOR Position: Q2 2015 in Review

Masters Capital Management sold out of NORANDA ALUM HLDG CORP COM NEW (NOR) in Q2 2015, closing a stake of 252,452 shares — an estimated $5.25M sold.

Masters Capital Management first reported a position in NOR in Q1 2014 and held it in 5 quarters. The position peaked at $5.65M in Q3 2014. 75 funds tracked by Wall St. Rank hold NOR as of Q2 2015.

Masters Capital Management reported no remaining NORANDA ALUM HLDG CORP COM NEW position as of Q2 2015 after selling out during the quarter.
Masters Capital Management sold 252,452 NORANDA ALUM HLDG CORP COM NEW shares in Q2 2015, an estimated $5.25M.
Masters Capital Management first reported a position in NORANDA ALUM HLDG CORP COM NEW in Q1 2014 and held it in 5 quarters.
Masters Capital Management's NORANDA ALUM HLDG CORP COM NEW position peaked at $5.65M in Q3 2014.
75 funds tracked by Wall St. Rank held NORANDA ALUM HLDG CORP COM NEW as of Q2 2015.

Based on Masters Capital Management's 13F filing for Q2 2015, filed 14 Aug 2015.