Nine Chapters Capital Management’s Groupon GRPN Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-1,730	Closed	-$113K	–	229
2015 Q3	$113K	Sell	1,730 -3,355	-66%	-$219K	0.01%	903
2015 Q2	$512K	Buy	5,085 +2,745	+117%	+$276K	0.04%	569
2015 Q1	$337K	Buy	2,340 +1,425	+156%	+$205K	0.03%	699
2014 Q4	$151K	Buy	+915	New	+$151K	0.01%	838