GAFISA S A

CUSIP: 362607301 Class: SPONS ADR

MORGAN STANLEY's Holding History (CIK: 0000895421)

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

Q4 2016
Shares 243,255 Value ($000) $270 Avg Close — Range —
Q3 2016
Shares 296,418 Value ($000) $460 Avg Close — Range —
Q2 2016
Shares 299,131 Value ($000) $380 Avg Close — Range —
Q1 2016
Shares 666,796 Value ($000) $947 Avg Close — Range —
Q4 2015
Shares 428,165 Value ($000) $485 Avg Close — Range —
Q3 2015
Shares 950,591 Value ($000) $920 Avg Close — Range —
Q2 2015
Shares 355,667 Value ($000) $544 Avg Close — Range —
Q1 2015
Shares 1,616,373 Value ($000) $2,134 Avg Close — Range —
Q4 2014
Shares 833,011 Value ($000) $1,283 Avg Close — Range —
Q3 2014
Shares 860,713 Value ($000) $2,057 Avg Close — Range —
Q2 2014
Shares 843,382 Value ($000) $2,581 Avg Close — Range —
Q1 2014
Shares 666,506 Value ($000) $2,119 Avg Close — Range —
Q4 2013
Shares 820,240 Value ($000) $2,567 Avg Close — Range —
Q3 2013
Shares 886,613 Value ($000) $2,846 Avg Close — Range —
Q2 2013
Shares 1,076,376 Value ($000) $2,702 Avg Close — Range —