Pine River Capital Management’s SM Energy SM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-10,953	Closed	-$854K	–	811
2014 Q3	$854K	Buy	+10,953	New	+$854K	0.01%	520
2013 Q3	–	Sell	-117,757	Closed	-$7.06M	–	394
2013 Q2	$7.06M	Buy	+117,757	New	+$7.06M	0.1%	94