Pine River Capital Management’s Choice Hotels CHH Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-9,300	Closed	-$521K	–	169
2016 Q4	$521K	Buy	+9,300	New	+$521K	0.02%	231
2014 Q3	–	Sell	-27,202	Closed	-$1.28M	–	834
2014 Q2	$1.28M	Sell	27,202 -147,798	-84%	-$6.96M	0.02%	369
2014 Q1	$8.05M	Buy	+175,000	New	+$8.05M	0.12%	142