Ursa Fund Management’s Sibanye-Stillwater SBSW Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q3	–	Sell	-496,030	Closed	-$2.17M	–	16
2017 Q2	$2.17M	Sell	496,030 -198,900	-29%	-$868K	1.59%	7
2017 Q1	$5.77M	Buy	694,930 +379,978	+121%	+$3.16M	4.92%	2
2016 Q4	$2.1M	Buy	+314,952	New	+$2.1M	0.09%	3