ENERGY RECOVERY INC

Ticker: ERII CUSIP: 29270J100 Class: Common Stock

CAPITAL FUND MANAGEMENT S.A.'s Holding History (CIK: 0001323645)

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

Q4 2016

Shares 12,900 Value ($000) $134 Avg Close $12.01 Range $8.53 - $16.30

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	12,900	$134	$12.01	$8.53 - $16.30