Nine Chapters Capital Management’s Team TISI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-1,480	Closed	-$475K	–	501
2015 Q3	$475K	Sell	1,480 -180	-11%	-$57.8K	0.04%	582
2015 Q2	$668K	Buy	1,660 +1,080	+186%	+$435K	0.06%	466
2015 Q1	$226K	Buy	+580	New	+$226K	0.02%	802