Orange Capital’s iShares Russell 2000 ETF IWM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-4,640,000	Closed	-$522M	–	5
2015 Q4	$522M	Buy	4,640,000 +2,040,000	+78%	+$235M	52.63%	1
2015 Q3	$284M	Sell	2,600,000 -350,000	-12%	-$41.5M	22%	2
2015 Q2	$368M	Buy	2,950,000 +2,550,000	+638%	+$319M	21.06%	2
2015 Q1	$49.7M	Sell	400,000 -3,200,000	-89%	-$386M	3.62%	13
2014 Q4	$431M	Buy	3,600,000 +2,600,000	+260%	+$297M	31.55%	1
2014 Q3	$109M	Buy	+1,000,000	New	+$114M	7.89%	3
2014 Q2	–	Sell	-1,800,000	Closed	-$209M	–	13
2014 Q1	$209M	Sell	1,800,000 -4,550,000	-72%	-$525M	18.21%	2
2013 Q4	$732M	Buy	6,350,000 +850,000	+15%	+$93.9M	58.23%	1
2013 Q3	$586M	Buy	5,500,000 +600,000	+12%	+$62.1M	58.22%	1
2013 Q2	$476M	Buy	+4,900,000	New	+$468M	53.88%	1