Starboard Value’s Alibaba BABA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-593,700	Closed	-$50M	–	27
2015 Q2	$50M	Buy	593,700 +368,700	+164%	+$31.1M	1.13%	14
2015 Q1	$18.7M	Sell	225,000 -175,000	-44%	-$14.6M	0.39%	21
2014 Q4	$41.6M	Buy	+400,000	New	+$41.6M	0.94%	16