Sarbit Advisory Services’s SiriusXM SIRI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-363,287	Closed	-$31.4M	–	11
2017 Q3	$31.4M	Sell	363,287 -360,693	-50%	-$20M	5.58%	7
2017 Q2	$39.6M	Hold	723,980	–	–	12.21%	5
2017 Q1	$37.3M	Sell	723,980 -492,500	-40%	-$24.2M	10.87%	6
2016 Q4	$54.1M	Hold	1,216,480	–	–	15.76%	4
2016 Q3	$50.7M	Sell	1,216,480 -579,000	-32%	-$24.2M	11.71%	5
2016 Q2	$70.9M	Sell	1,795,480 -440,200	-20%	-$17.3M	13.95%	3
2016 Q1	$88.3M	Sell	2,235,680 -921,000	-29%	-$34.4M	14.97%	2
2015 Q4	$128M	Hold	3,156,680	–	–	19.12%	2
2015 Q3	$118M	Sell	3,156,680 -100,000	-3%	-$3.83M	18.2%	2
2015 Q2	$121M	Sell	3,256,680 -740,000	-19%	-$28.7M	17.36%	2
2015 Q1	$194M	Hold	3,996,680	–	–	22.93%	1
2014 Q4	$140M	Hold	3,996,680	–	–	16.08%	1
2014 Q3	$175M	Hold	3,996,680	–	–	15.06%	1
2014 Q2	$158M	Buy	3,996,680 +1,021,600	+34%	+$33.2M	16.43%	1
2014 Q1	$116M	Buy	2,975,080 +341,600	+13%	+$12.1M	10.04%	7
2013 Q4	$104M	Buy	2,633,480 +1,506,500	+134%	+$56.3M	10.17%	7
2013 Q3	$46.2M	Buy	1,126,980 +16,000	+1%	+$596K	7.1%	6
2013 Q2	$39.1M	Buy	+1,110,980	New	+$36.5M	6.32%	7