Nine Chapters Capital Management’s RingCentral RNG Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-32,000	Closed	-$581K	–	451
2015 Q3	$581K	Buy	+32,000	New	+$581K	0.05%	518
2015 Q1	–	Sell	-44,700	Closed	-$667K	–	1107
2014 Q4	$667K	Sell	44,700 -1,600	-3%	-$23.9K	0.06%	454
2014 Q3	$588K	Buy	+46,300	New	+$588K	0.05%	476