Strategic Investment Management’s Fang Holdings Limited American Depositary Shares (each representing ten Class A Ordinary Shares) SFUN Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-867	Closed	-$263K	–	139
2015 Q1	$263K	Buy	+867	New	+$263K	0.1%	63
2014 Q1	–	Sell	-472	Closed	-$384K	–	77
2013 Q4	$384K	Buy	472 +81	+21%	+$65.9K	0.1%	13
2013 Q3	$200K	Sell	391 -737	-65%	-$377K	0.04%	36
2013 Q2	$283K	Buy	+1,128	New	+$283K	0.06%	13