Nine Chapters Capital Management’s HCI Group HCI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-5,800	Closed	-$225K	–	235
2015 Q3	$225K	Sell	5,800 -12,200	-68%	-$473K	0.02%	806
2015 Q2	$796K	Buy	18,000 +12,000	+200%	+$531K	0.07%	408
2015 Q1	$275K	Buy	+6,000	New	+$275K	0.02%	740