Spark Investment Management’s HEARTLAND PAYMENT SYSTEMS, INC. COM STK HPY Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2016 Q2	–	Sell	-32,600	Closed	-$3.15M	–	935
2016 Q1	$3.15M	Buy	32,600 +13,400	+70%	+$1.29M	0.32%	89
2015 Q4	$1.82M	Sell	19,200 -6,500	-25%	-$616K	0.23%	131
2015 Q3	$1.62M	Hold	25,700	–	–	0.21%	151
2015 Q2	$1.39M	Hold	25,700	–	–	0.19%	176
2015 Q1	$1.2M	Hold	25,700	–	–	0.17%	204
2014 Q4	$1.39M	Hold	25,700	–	–	0.23%	140
2014 Q3	$1.23M	Sell	25,700 -10,200	-28%	-$487K	0.18%	180
2014 Q2	$1.48M	Hold	35,900	–	–	0.22%	153
2014 Q1	$1.49M	Hold	35,900	–	–	0.23%	137
2013 Q4	$1.79M	Hold	35,900	–	–	0.31%	89
2013 Q3	$1.43M	Sell	35,900 -12,600	-26%	-$500K	0.33%	85
2013 Q2	$1.81M	Buy	+48,500	New	+$1.81M	0.48%	51