MSD Partners’s Macquarie Infrastructure Holdings, LLC MIC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-2,162,991	Closed	-$156M	–	42
2017 Q3	$156M	Sell	2,162,991 -143,801	-6%	-$10.7M	14.4%	3
2017 Q2	$181M	Hold	2,306,792	–	–	12.25%	2
2017 Q1	$186M	Hold	2,306,792	–	–	12.29%	3
2016 Q4	$188M	Hold	2,306,792	–	–	13.23%	4
2016 Q3	$192M	Sell	2,306,792 -606,692	-21%	-$48.1M	15.75%	1
2016 Q2	$216M	Sell	2,913,484 -1,106,771	-28%	-$78.1M	14.07%	1
2016 Q1	$271M	Sell	4,020,255 -83,752	-2%	-$5.31M	14.68%	1
2015 Q4	$298M	Hold	4,104,007	–	–	12.87%	1
2015 Q3	$306M	Hold	4,104,007	–	–	10.58%	2
2015 Q2	$339M	Hold	4,104,007	–	–	9.89%	3
2015 Q1	$338M	Hold	4,104,007	–	–	10.05%	2
2014 Q4	$292M	Buy	4,104,007 +58,023	+1%	+$3.95M	10.41%	3
2014 Q3	$270M	Buy	4,045,984 +54,694	+1%	+$3.81M	9.83%	2
2014 Q2	$249M	Sell	3,991,290 -74,430	-2%	-$4.39M	8.64%	3
2014 Q1	$233M	Buy	4,065,720 +285,748	+8%	+$15.6M	9.1%	1
2013 Q4	$206M	Sell	3,779,972 -5,884	-0.2%	-$320K	8.91%	1
2013 Q3	$203M	Hold	3,785,856	–	–	9.59%	2
2013 Q2	$202M	Buy	+3,785,856	New	+$208M	11.96%	1