Melvin Capital Management’s Polaris PII Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q2	–	Sell	-425,000	Closed	-$41.9M	–	58
2016 Q1	$41.9M	Buy	+425,000	New	+$41.9M	1.58%	21
2015 Q3	–	Sell	-195,000	Closed	-$28.9M	–	54
2015 Q2	$28.9M	Buy	+195,000	New	+$28.9M	1.56%	27