Pine River Capital Management’s W.R. Berkley WRB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-26,504	Closed	-$522K	–	356
2016 Q4	$522K	Sell	26,504 -16,875	-39%	-$303K	0.03%	238
2016 Q3	$742K	Sell	43,379 -26,220	-38%	-$453K	0.02%	295
2016 Q2	$1.24K	Hold	69,599	–	–	﹤0.01%	231
2016 Q1	$1.16M	Sell	69,599 -27,638	-28%	-$425K	0.02%	382
2015 Q4	$1.58M	Hold	97,237	–	–	0.03%	316
2015 Q3	$1.57M	Sell	97,237 -11,107	-10%	-$182K	0.03%	307
2015 Q2	$1.67M	Sell	108,344 -35,802	-25%	-$533K	0.02%	341
2015 Q1	$2.16M	Buy	144,146 +361	+0.3%	+$5.37K	0.03%	288
2014 Q4	$2.18M	Buy	143,785 +16,240	+13%	+$244K	0.04%	395
2014 Q3	$1.81M	Buy	127,545 +103,498	+430%	+$1.44M	0.03%	483
2014 Q2	$330K	Sell	24,047 -17,803	-43%	-$231K	0.01%	636
2014 Q1	$516K	Buy	+41,850	New	+$506K	0.01%	491