Pine River Capital Management’s Markel Group MKL Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-600	Closed	-$543K	–	259
2016 Q4	$543K	Buy	+600	New	+$543K	0.02%	151
2014 Q4	–	Sell	-1,030	Closed	-$655K	–	746
2014 Q3	$655K	Buy	+1,030	New	+$655K	0.01%	560