MSD Partners’s Bausch Health BHC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-1,217,721	Closed	-$217M	–	55
2015 Q3	$217M	Buy	1,217,721 +226,686	+23%	+$40.4M	7.15%	3
2015 Q2	$220M	Buy	991,035 +46,651	+5%	+$10.4M	4.44%	3
2015 Q1	$188M	Buy	+944,384	New	+$188M	4.43%	5