Nine Chapters Capital Management’s Federal Agricultural Mortgage AGM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-15,800	Closed	-$459K	–	980
2015 Q2	$459K	Buy	+15,800	New	+$459K	0.04%	611
2014 Q2	–	Sell	-8,600	Closed	-$286K	–	925
2014 Q1	$286K	Buy	+8,600	New	+$286K	0.03%	624