Osterweis Capital Management’s Sanofi Contingent Value Rights GCVRZ Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2017 Q3	–	Sell	-50,000	Closed	-$19K	–	112
2017 Q2	$19K	Hold	50,000	–	–	﹤0.01%	95
2017 Q1	$23K	Hold	50,000	–	–	﹤0.01%	91
2016 Q4	$19K	Hold	50,000	–	–	﹤0.01%	86
2016 Q3	$14K	Hold	50,000	–	–	﹤0.01%	87
2016 Q2	$12K	Hold	50,000	–	–	﹤0.01%	84
2016 Q1	$6K	Hold	50,000	–	–	﹤0.01%	82
2015 Q4	$6K	Hold	50,000	–	–	﹤0.01%	54
2015 Q3	$10K	Hold	50,000	–	–	﹤0.01%	60
2015 Q2	$35K	Hold	50,000	–	–	﹤0.01%	66
2015 Q1	$34K	Sell	50,000 -88,300	-64%	-$60K	﹤0.01%	66
2014 Q4	$110K	Buy	138,300 +50,000	+57%	+$39.8K	﹤0.01%	67
2014 Q3	$41K	Hold	88,300	–	–	﹤0.01%	69
2014 Q2	$44K	Sell	88,300 -84,000	-49%	-$41.9K	﹤0.01%	68
2014 Q1	$53K	Buy	172,300 +128,150	+290%	+$39.4K	﹤0.01%	70
2013 Q4	$15K	Hold	44,150	–	–	﹤0.01%	79
2013 Q3	$84K	Hold	44,150	–	–	﹤0.01%	74
2013 Q2	$84K	Buy	+44,150	New	+$84K	﹤0.01%	95