Pine River Capital Management’s Openlane KAR Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-25,030	Closed	-$351K	–	717
2015 Q4	$351K	Buy	+25,030	New	+$351K	﹤0.01%	562
2015 Q3	–	Sell	-264,200	Closed	-$3.74M	–	661
2015 Q2	$3.74M	Hold	264,200	–	–	0.04%	221
2015 Q1	$3.79M	Buy	+264,200	New	+$3.79M	0.05%	208