Nine Chapters Capital Management’s AeroVironment AVAV Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-8,100	Closed	-$326K	–	938
2014 Q1	$326K	Sell	8,100 -20,900	-72%	-$841K	0.04%	589
2013 Q4	$845K	Buy	+29,000	New	+$845K	0.09%	333