ARMOUR RESIDENTIAL REIT INC

CUSIP: 042315101 Class: COM

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

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

Q2 2015
Shares 21,867 Value ($000) $61 Avg Close — Range —
Q1 2015
Shares 22,988 Value ($000) $73 Avg Close — Range —
Q4 2014
Shares 20,074 Value ($000) $74 Avg Close — Range —
Q3 2014
Shares 17,789 Value ($000) $68 Avg Close — Range —
Q2 2014
Shares 15,491 Value ($000) $67 Avg Close — Range —
Q1 2014
Shares 13,835 Value ($000) $57 Avg Close — Range —
Q4 2013
Shares 13,439 Value ($000) $54 Avg Close — Range —
Q3 2013
Shares 15,064 Value ($000) $63 Avg Close — Range —
Q2 2013
Shares 15,771 Value ($000) $74 Avg Close — Range —