Nine Chapters Capital Management’s HSN, Inc. HSNI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-5,700	Closed	-$338K	–	1281
2014 Q2	$338K	Sell	5,700 -12,800	-69%	-$759K	0.03%	686
2014 Q1	$1.11M	Buy	+18,500	New	+$1.11M	0.13%	230
2013 Q4	–	Sell	-36,400	Closed	-$1.95M	–	1018
2013 Q3	$1.95M	Buy	+36,400	New	+$1.95M	0.23%	123