PAR Capital Management’s Civitas Resources CIVI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q1	–	Sell	-601,714	Closed	-$14M	–	52
2019 Q4	$14M	Hold	601,714	–	–	0.27%	32
2019 Q3	$13.5M	Sell	601,714 -343,300	-36%	-$7.64M	0.23%	31
2019 Q2	$19.7M	Buy	945,014 +91,446	+11%	+$2M	0.33%	30
2019 Q1	$19.4M	Sell	853,568 -75,832	-8%	-$1.75M	0.36%	30
2018 Q4	$19.2M	Buy	929,400 +116,400	+14%	+$3.06M	0.32%	35
2018 Q3	$24.2M	Buy	813,000 +60,000	+8%	+$2M	0.28%	48
2018 Q2	$28.5M	Hold	753,000	–	–	0.32%	51
2018 Q1	$20.9M	Buy	753,000 +653,000	+653%	+$18M	0.23%	56
2017 Q4	$2.76M	Sell	100,000 -336,900	-77%	-$10.6M	0.03%	74
2017 Q3	$14.4M	Buy	436,900 +144,200	+49%	+$4.11M	0.16%	56
2017 Q2	$9.28M	Buy	+292,700	New	+$16M	0.1%	60
2015 Q1	–	Sell	-832	Closed	-$2.23M	–	72
2014 Q4	$2.23M	Buy	+832	New	+$3.22M	0.05%	66