Rivulet Capital’s Herc Holdings HRI Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-295,000	Closed	-$7.36M	–	12
2014 Q4	$7.36M	Sell	295,000 -5,000	-2%	-$125K	6.13%	8
2014 Q3	$7.62M	Sell	300,000 -140,000	-32%	-$3.55M	6.32%	9
2014 Q2	$12.3M	Buy	440,000 +30,000	+7%	+$841K	10.2%	4
2014 Q1	$10.9M	Sell	410,000 -90,000	-18%	-$2.4M	9.88%	4
2013 Q4	$14.3M	Buy	500,000 +130,000	+35%	+$3.72M	11.8%	3
2013 Q3	$8.2M	Sell	370,000 -30,000	-8%	-$665K	8.58%	6
2013 Q2	$9.92M	Buy	+400,000	New	+$9.92M	7.9%	5