Nine Chapters Capital Management’s Navigator Holdings NVGS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-21,300	Closed	-$407K	–	1095
2015 Q1	$407K	Buy	+21,300	New	+$407K	0.03%	642
2014 Q4	–	Sell	-9,600	Closed	-$267K	–	1093
2014 Q3	$267K	Buy	+9,600	New	+$267K	0.02%	750