Nine Chapters Capital Management’s Herbalife HLF Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-30,800	Closed	-$581K	–	1038
2014 Q4	$581K	Buy	30,800 +7,400	+32%	+$140K	0.05%	494
2014 Q3	$512K	Buy	+23,400	New	+$512K	0.05%	511