Nicholas Investment Partners’s BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares BEST Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-11,918	Closed	-$2.85M	–	278
2017 Q3	$2.85M	Buy	+11,918	New	+$2.85M	0.2%	175