Pine River Capital Management’s Old Republic International ORI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-40,994	Closed	-$722K	–	441
2016 Q3	$722K	Sell	40,994 -40,540	-50%	-$771K	0.02%	353
2016 Q2	$1.57K	Hold	81,534	–	–	﹤0.01%	200
2016 Q1	$1.49M	Sell	81,534 -28,424	-26%	-$512K	0.03%	255
2015 Q4	$2.05M	Hold	109,958	–	–	0.04%	260
2015 Q3	$1.72M	Sell	109,958 -10,848	-9%	-$174K	0.03%	284
2015 Q2	$1.89M	Sell	120,806 -19,054	-14%	-$294K	0.03%	313
2015 Q1	$2.09M	Buy	139,860 +17,478	+14%	+$257K	0.03%	294
2014 Q4	$1.79M	Buy	122,382 +17,882	+17%	+$261K	0.03%	451
2014 Q3	$1.49M	Buy	104,500 +15,211	+17%	+$232K	0.03%	518
2014 Q2	$1.48M	Buy	89,289 +74,789	+516%	+$1.25M	0.03%	461
2014 Q1	$237K	Hold	14,500	–	–	0.01%	570
2013 Q4	$250K	Buy	+14,500	New	+$238K	0.01%	597