Third Point’s Williams Companies WMB Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-4,000,000	Closed	-$123M	–	44
2016 Q3	$123M	Buy	+4,000,000	New	+$123M	1.07%	27
2016 Q2	–	Sell	-2,000,000	Closed	-$32.1M	–	49
2016 Q1	$32.1M	Buy	+2,000,000	New	+$32.1M	0.3%	31
2015 Q3	–	Sell	-1,500,000	Closed	-$86.1M	–	45
2015 Q2	$86.1M	Buy	+1,500,000	New	+$86.1M	0.81%	30
2015 Q1	–	Sell	-4,000,000	Closed	-$180M	–	44
2014 Q4	$180M	Buy	4,000,000 +2,500,000	+167%	+$112M	1.62%	22
2014 Q3	$83M	Sell	1,500,000 -2,250,000	-60%	-$125M	0.95%	31
2014 Q2	$218M	Sell	3,750,000 -1,250,000	-25%	-$72.8M	2.68%	10
2014 Q1	$203M	Buy	5,000,000 +750,000	+18%	+$30.4M	2.98%	10
2013 Q4	$164M	Buy	+4,250,000	New	+$164M	2.83%	11
2013 Q3	–	Sell	-1,750,000	Closed	-$56.8M	–	36
2013 Q2	$56.8M	Buy	+1,750,000	New	+$56.8M	1.29%	22