CPFL ENERGIA S A

CUSIP: 126153105 Class: SPONSORED ADR

Arrow Investment Advisors, LLC's Holding History (CIK: 0001378410)

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

Q4 2013
Shares 33,728 Value ($000) $540 Avg Close — Range —
Q3 2013
Shares 29,192 Value ($000) $504 Avg Close — Range —
Q2 2013
Shares 25,191 Value ($000) $461 Avg Close — Range —