Stonehill Capital Management’s United Airlines UAL Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-595,244	Closed	-$18.3M	–	10
2013 Q3	$18.3M	Sell	595,244 -128,000	-18%	-$3.93M	5.81%	6
2013 Q2	$22.6M	Buy	+723,244	New	+$22.6M	13.24%	6