Nine Chapters Capital Management’s Stagwell STGW Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-29,600	Closed	-$546K	–	483
2015 Q3	$546K	Buy	+29,600	New	+$546K	0.05%	541