Picton Mahoney Asset Management’s Azul AZUL Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2019 Q4	–	Sell	-11,000	Closed	-$394K	–	282
2019 Q3	$394K	Buy	+11,000	New	+$394K	0.03%	159
2019 Q2	–	Sell	-98,500	Closed	-$2.88M	–	187
2019 Q1	$2.88M	Buy	98,500 +90,500	+1,131%	+$2.64M	0.22%	90
2018 Q4	$221K	Sell	8,000 -22,000	-73%	-$608K	0.02%	144
2018 Q3	$534K	Buy	30,000 +10,000	+50%	+$178K	0.04%	142
2018 Q2	$328K	Buy	+20,000	New	+$328K	0.02%	147
2018 Q1	–	Sell	-20,200	Closed	-$482K	–	191
2017 Q4	$482K	Buy	+20,200	New	+$482K	0.03%	154
2017 Q3	–	Sell	-167,900	Closed	-$3.54M	–	166
2017 Q2	$3.54M	Buy	+167,900	New	+$3.54M	0.25%	94