Second Curve Capital’s WILLIAM LYON HOMES WLH Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2019 Q4	–	Sell	-172,604	Closed	-$3.51M	–	23
2019 Q3	$3.51M	Sell	172,604 -75,000	-30%	-$1.53M	2.15%	18
2019 Q2	$4.51M	Sell	247,604 -280,000	-53%	-$5.1M	3.1%	13
2019 Q1	$8.11M	Sell	527,604 -174,722	-25%	-$2.69M	6.18%	8
2018 Q4	$7.51M	Sell	702,326 -237,000	-25%	-$2.53M	7.46%	7
2018 Q3	$14.9M	Sell	939,326 -30,000	-3%	-$477K	6.52%	8
2018 Q2	$22.5M	Buy	969,326 +263,826	+37%	+$6.12M	8.65%	5
2018 Q1	$19.4M	Buy	705,500 +55,000	+8%	+$1.51M	7.47%	6
2017 Q4	$18.9M	Sell	650,500 -15,000	-2%	-$436K	7.44%	6
2017 Q3	$15.3M	Sell	665,500 -112,000	-14%	-$2.57M	6.13%	8
2017 Q2	$18.8M	Sell	777,500 -30,000	-4%	-$724K	6.72%	6
2017 Q1	$16.7M	Buy	807,500 +109,400	+16%	+$2.26M	6.12%	6
2016 Q4	$13.3M	Buy	698,100 +88,900	+15%	+$1.69M	5.03%	8
2016 Q3	$11.3M	Buy	609,200 +85,000	+16%	+$1.58M	6.47%	8
2016 Q2	$8.45M	Sell	524,200 -9,800	-2%	-$158K	6.54%	9
2016 Q1	$7.74M	Buy	534,000 +273,668	+105%	+$3.97M	4.66%	10
2015 Q4	$4.3M	Sell	260,332 -206,271	-44%	-$3.4M	2.1%	14
2015 Q3	$9.61M	Sell	466,603 -332,400	-42%	-$6.85M	4.33%	12
2015 Q2	$20.5M	Buy	799,003 +75,000	+10%	+$1.93M	7.28%	5
2015 Q1	$18.7M	Buy	724,003 +124,703	+21%	+$3.22M	7.38%	5
2014 Q4	$12.1M	Sell	599,300 -139,500	-19%	-$2.83M	4.92%	9
2014 Q3	$16.3M	Sell	738,800 -143,200	-16%	-$3.16M	6%	6
2014 Q2	$26.8M	Sell	882,000 -431,000	-33%	-$13.1M	8.05%	4
2014 Q1	$36.3M	Buy	1,313,000 +32,000	+2%	+$884K	8.43%	4
2013 Q4	$28.4M	Buy	1,281,000 +275,000	+27%	+$6.09M	5.89%	7
2013 Q3	$20.4M	Buy	1,006,000 +876,000	+674%	+$17.8M	4.59%	7
2013 Q2	$3.28M	Buy	+130,000	New	+$3.28M	0.82%	21