Raiff Partners’s Ares Management ARES Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q2	–	Sell	-135,000	Closed	-$2.56M	–	21
2017 Q1	$2.56M	Buy	135,000 +115,000	+575%	+$2.18M	6.1%	9
2016 Q4	$384K	Buy	+20,000	New	+$384K	0.94%	22