Stelliam Investment Management’s Hovnanian Enterprises HOV Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-46,600	Closed	-$6.09M	–	52
2013 Q3	$6.09M	Buy	46,600 +9,800	+27%	+$1.28M	0.29%	50
2013 Q2	$5.16M	Buy	+36,800	New	+$5.16M	0.28%	53