Quantitative Investment Management’s Jumei International Holding Limited American depositary shares, each representing ten Class A ordina JMEI Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2016 Q2	–	Sell	-30,200	Closed	-$196K	–	999
2016 Q1	$196K	Buy	+30,200	New	+$196K	0.01%	704
2015 Q4	–	Sell	-35,800	Closed	-$353K	–	913
2015 Q3	$353K	Buy	+35,800	New	+$353K	0.03%	515