Nine Chapters Capital Management’s Banco Macro BMA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-7,200	Closed	-$276K	–	79
2015 Q3	$276K	Buy	+7,200	New	+$276K	0.02%	746
2015 Q2	–	Sell	-16,500	Closed	-$944K	–	978
2015 Q1	$944K	Buy	+16,500	New	+$944K	0.08%	392