Sage Rock Capital Management’s BTRS Holdings Inc. Warrants BTRSW Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2020 Q4	–	Sell	-488,300	Closed	-$684K	–	151
2020 Q3	$684K	Sell	488,300 -437,000	-47%	-$612K	0.14%	74
2020 Q2	$1.04M	Hold	925,300	–	–	0.31%	48
2020 Q1	$870K	Buy	925,300 +250,000	+37%	+$235K	0.36%	43
2019 Q4	$607K	Buy	+675,300	New	+$607K	0.17%	59