ALASKA AIR GROUP INC

Ticker: ALK CUSIP: 011659109 Class: COM

HUSSMAN STRATEGIC ADVISORS, INC.'s Holding History (CIK: 0001179475)

Note: Option positions (PUT/CALL) are excluded.

Q2 2016

Shares 76,000 Value ($000) $4,430 Avg Close $64.23 Range $50.81 - $77.28

Q1 2016

Shares 100,000 Value ($000) $8,202 Avg Close $68.47 Range $56.94 - $77.12

Q4 2015

Shares 100,000 Value ($000) $8,051 Avg Close $73.15 Range $67.22 - $80.60

Q3 2015

Shares 50,000 Value ($000) $3,972 Avg Close $70.36 Range $54.34 - $76.34

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	76,000	$4,430	$64.23	$50.81 - $77.28
Q1 2016	100,000	$8,202	$68.47	$56.94 - $77.12
Q4 2015	100,000	$8,051	$73.15	$67.22 - $80.60
Q3 2015	50,000	$3,972	$70.36	$54.34 - $76.34