Pine River Capital Management’s Armour Residential REIT ARR Stock Holding History

Pine River Capital Management’s Portfolio ARR Stock Details ARR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-8,392	Closed	-$946K	–	370
2016 Q3	$946K	Buy	+8,392	New	+$915K	0.02%	190
2015 Q4	–	Sell	-150,780	Closed	-$15.1M	–	670
2015 Q3	$15.1M	Sell	150,780 -61,114	-29%	-$6.63M	0.19%	109
2015 Q2	$23.8M	Buy	211,894 +81,404	+62%	+$9.89M	0.26%	82
2015 Q1	$16.5M	Buy	130,490 +89,802	+221%	+$11.7M	0.2%	98
2014 Q4	$5.99M	Buy	40,688 +5,339	+15%	+$832K	0.08%	177
2014 Q3	$5.44M	Buy	+35,349	New	+$5.94M	0.06%	259
2014 Q2	–	Sell	-60,850	Closed	-$10M	–	701
2014 Q1	$10M	Sell	60,850 -285,745	-82%	-$47.9M	0.15%	161
2013 Q4	$55.6M	Sell	346,595 -125,221	-27%	-$20.2M	0.68%	23
2013 Q3	$79.3M	Buy	471,816 +211,357	+81%	+$36.3M	0.85%	16
2013 Q2	$49.1M	Buy	+260,459	New	+$59.6M	0.72%	26

Other funds holding ARR

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Grantham, Mayo, Van Otterloo & Co (GMO) Boston, Massachusetts $39.1B AUM 28.69% 1-Year Est. Return

Pine River Capital Management's ARR Position: Q4 2016 in Review

Pine River Capital Management sold out of Armour Residential REIT (ARR) in Q4 2016, closing a stake of 8,392 shares — an estimated $946K sold.

Pine River Capital Management first reported a position in ARR in Q2 2013 and held it in 10 quarters. The position peaked at $79.3M in Q3 2013. 125 funds tracked by Wall St. Rank hold ARR as of Q4 2016.

Pine River Capital Management reported no remaining Armour Residential REIT position as of Q4 2016 after selling out during the quarter.
Pine River Capital Management sold 8,392 Armour Residential REIT shares in Q4 2016, an estimated $946K.
Pine River Capital Management first reported a position in Armour Residential REIT in Q2 2013 and held it in 10 quarters.
Pine River Capital Management's Armour Residential REIT position peaked at $79.3M in Q3 2013.
125 funds tracked by Wall St. Rank held Armour Residential REIT as of Q4 2016.

Based on Pine River Capital Management's 13F filing for Q4 2016, filed 14 Feb 2017.