River Road Asset Management’s National CineMedia NCMI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q2	–	Sell	-205,242	Closed	-$10.7M	–	173
2018 Q1	$10.7M	Buy	205,242 +155	+0.1%	+$10.2K	0.22%	114
2017 Q4	$14.1M	Buy	205,087 +46,992	+30%	+$3.12M	0.27%	101
2017 Q3	$11M	Buy	+158,095	New	+$10.2M	0.22%	109
2017 Q2	–	Sell	-94,373	Closed	-$11.9M	–	155
2017 Q1	$11.9M	Sell	94,373 -3,293	-3%	-$444K	0.23%	107
2016 Q4	$14.4M	Sell	97,666 -1,059	-1%	-$156K	0.28%	100
2016 Q3	$14.5M	Buy	98,725 +2,317	+2%	+$353K	0.3%	99
2016 Q2	$14.9M	Sell	96,408 -2,206	-2%	-$318K	0.32%	93
2016 Q1	$15M	Sell	98,614 -2,713	-3%	-$406K	0.27%	97
2015 Q4	$15.9M	Sell	101,327 -27,195	-21%	-$4.03M	0.28%	88
2015 Q3	$17.2M	Buy	128,522 +1,789	+1%	+$258K	0.27%	87
2015 Q2	$20.2M	Sell	126,733 -7,552	-6%	-$1.2M	0.3%	83
2015 Q1	$20.3M	Sell	134,285 -7,188	-5%	-$1.07M	0.28%	83
2014 Q4	$20.3M	Sell	141,473 -15,612	-10%	-$2.24M	0.29%	89
2014 Q3	$22.8M	Sell	157,085 -8,767	-5%	-$1.34M	0.32%	88
2014 Q2	$29M	Sell	165,852 -339	-0.2%	-$53.9K	0.38%	78
2014 Q1	$24.9M	Sell	166,191 -976	-0.6%	-$168K	0.27%	97
2013 Q4	$33.4M	Buy	167,167 +3,221	+2%	+$600K	0.36%	78
2013 Q3	$30.9M	Sell	163,946 -7,074	-4%	-$1.29M	0.38%	81
2013 Q2	$28.9M	Buy	+171,020	New	+$28M	0.36%	88