Nine Chapters Capital Management’s AMERICA FIRST TAX EXEMT INV LP ATAXZ Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-34,300	Closed	-$205K	–	1397
2014 Q3	$205K	Sell	34,300 -13,000	-27%	-$77.7K	0.02%	845
2014 Q2	$285K	Sell	47,300 -91,200	-66%	-$550K	0.02%	735
2014 Q1	$837K	Buy	138,500 +63,200	+84%	+$382K	0.1%	313
2013 Q4	$474K	Buy	+75,300	New	+$474K	0.05%	500