North Star Investment Management’s Town Sports International Holdings, Inc. CLUB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-71,725	Closed	-$477K	–	687
2014 Q2	$477K	Buy	+71,725	New	+$477K	0.1%	202