ARBOR REALTY TRUST INC

Ticker: ABR CUSIP: 038923108 Class: COM

Horizon Investments, LLC's Holding History (CIK: 0001560717)

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

Q2 2015
Shares 10,037 Value ($000) $68 Avg Close — Range —
Q1 2015
Shares 10,677 Value ($000) $75 Avg Close — Range —
Q4 2014
Shares 10,134 Value ($000) $69 Avg Close — Range —
Q2 2013
Shares 10,208 Value ($000) $64 Avg Close — Range —