Nine Chapters Capital Management’s STAG Industrial STAG Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-16,800	Closed	-$395K	–	1142
2015 Q1	$395K	Buy	+16,800	New	+$395K	0.03%	650
2014 Q2	–	Sell	-33,800	Closed	-$815K	–	1115
2014 Q1	$815K	Sell	33,800 -18,500	-35%	-$446K	0.1%	322
2013 Q4	$1.07M	Buy	+52,300	New	+$1.07M	0.11%	280