Nine Chapters Capital Management’s Griffon GFF Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-22,500	Closed	-$355K	–	216
2015 Q3	$355K	Sell	22,500 -10,700	-32%	-$169K	0.03%	670
2015 Q2	$529K	Buy	33,200 +17,100	+106%	+$272K	0.04%	556
2015 Q1	$281K	Buy	+16,100	New	+$281K	0.02%	735