Pine River Capital Management’s International Paper IP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-10,314	Closed	-$518K	–	253
2016 Q4	$518K	Sell	10,314 -5,914	-36%	-$273K	0.03%	256
2016 Q3	$737K	Sell	16,228 -5,174	-24%	-$228K	0.02%	317
2016 Q2	$859	Hold	21,402	–	–	﹤0.01%	340
2016 Q1	$832K	Sell	21,402 -22,665	-51%	-$789K	0.02%	496
2015 Q4	$1.57M	Buy	44,067 +35,341	+405%	+$1.36M	0.03%	319
2015 Q3	$312K	Hold	8,726	–	–	0.01%	581
2015 Q2	$393K	Sell	8,726 -156,518	-95%	-$7.76M	0.01%	616
2015 Q1	$8.68M	Sell	165,244 -77,713	-32%	-$4.03M	0.14%	159
2014 Q4	$12.3M	Sell	242,957 -1,660,846	-87%	-$81.3M	0.21%	103
2014 Q3	$86.1M	Buy	1,903,803 +1,615,751	+561%	+$74.4M	1.57%	14
2014 Q2	$13.6M	Buy	+288,052	New	+$12.6M	0.32%	103