Nine Chapters Capital Management’s Pampa Energía PAM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-16,800	Closed	-$232K	–	1128
2015 Q2	$232K	Buy	16,800 +5,700	+51%	+$78.7K	0.02%	784
2015 Q1	$196K	Buy	+11,100	New	+$196K	0.02%	837