Nine Chapters Capital Management’s Antero Resources AR Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q2	–	Sell	-16,700	Closed	-$381K	–	68
2017 Q1	$381K	Buy	+16,700	New	+$381K	0.51%	69
2015 Q2	–	Sell	-13,100	Closed	-$463K	–	952
2015 Q1	$463K	Sell	13,100 -12,600	-49%	-$445K	0.04%	615
2014 Q4	$1.04M	Buy	+25,700	New	+$1.04M	0.09%	317