BEL FUSE INC

Ticker: BELFA CUSIP: 077347201 Class: Common Stock

Ground Swell Capital, LLC's Holding History (CIK: 0001534450)

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

Q3 2014

Shares 190 Value ($000) $4 Avg Close $20.25 Range $18.59 - $22.53

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	190	$4	$20.25	$18.59 - $22.53