Nine Chapters Capital Management’s Banco Santander México, S, A., Institución de Banca Múltiple, Grupo Financiero Santander México BSMX Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-13,000	Closed	-$173K	–	1212
2014 Q2	$173K	Sell	13,000 -1,100	-8%	-$14.6K	0.01%	841
2014 Q1	$173K	Buy	+14,100	New	+$173K	0.02%	734
2013 Q3	–	Sell	-40,500	Closed	-$576K	–	941
2013 Q2	$576K	Buy	+40,500	New	+$576K	0.1%	304