Otter Creek Management’s Tanger SKT Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-45,000	Closed	-$1.66M	–	61
2014 Q4	$1.66M	Buy	45,000 +10,000	+29%	+$370K	0.76%	33
2014 Q3	$1.15M	Buy	35,000 +20,000	+133%	+$654K	0.57%	33
2014 Q2	$525K	Buy	+15,000	New	+$525K	0.24%	37