Pine River Capital Management’s Discover Financial Services DFS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-7,180	Closed	-$518K	–	196
2016 Q4	$518K	Sell	7,180 -5,700	-44%	-$362K	0.03%	255
2016 Q3	$728K	Sell	12,880 -4,800	-27%	-$275K	0.02%	341
2016 Q2	$947	Hold	17,680	–	–	﹤0.01%	320
2016 Q1	$900K	Sell	17,680 -7,664	-30%	-$369K	0.02%	476
2015 Q4	$1.36M	Sell	25,344 -9,600	-27%	-$533K	0.02%	360
2015 Q3	$1.82M	Buy	34,944 +7,536	+27%	+$413K	0.03%	275
2015 Q2	$1.58M	Buy	+27,408	New	+$1.61M	0.02%	380
2014 Q4	–	Sell	-4,917	Closed	-$317K	–	771
2014 Q3	$317K	Buy	+4,917	New	+$308K	0.01%	829
2014 Q1	–	Sell	-104,661	Closed	-$5.86M	–	632
2013 Q4	$5.86M	Sell	104,661 -216,206	-67%	-$11.3M	0.12%	280
2013 Q3	$16.2M	Sell	320,867 -421,089	-57%	-$21.1M	0.4%	120
2013 Q2	$35.3M	Buy	+741,956	New	+$34M	1.04%	42