KEZAR LIFE SCIENCES INC

Institution	Shares	Value ($000)
Vazirani Asset Management LLC	48,428	$305
Aldebaran Capital, LLC	80,630	$507
Rangeley Capital, LLC	85,926	$540
Affinity Asset Advisors, LLC	229,076	$1,441
Nantahala Capital Management, LLC	276,754	$1,741
FNY Investment Advisers, LLC	50,000	$0
PRELUDE CAPITAL MANAGEMENT, LLC	52,929	$333
TORNO CAPITAL, LLC	20,000	$126
ROYAL BANK OF CANADA	112	$1
Allworth Financial LP	50	$0
BARCLAYS PLC	1	$0

Increased Positions (7)

VANGUARD GROUP INC

Value ($000) $2,147 (+105.3%) Shares 341,404 (+27.3%)

BRIDGEWAY CAPITAL MANAGEMENT, LLC

Value ($000) $325 (+103.1%) Shares 51,638 (+25.9%)

RENAISSANCE TECHNOLOGIES LLC

Value ($000) $826 (+82.7%) Shares 131,285 (+13.3%)

STATE STREET CORP

Value ($000) $170 (+107.2%) Shares 27,093 (+28.4%)

DIMENSIONAL FUND ADVISORS LP

Value ($000) $167 (+84.3%) Shares 26,543 (+14.3%)

GEODE CAPITAL MANAGEMENT, LLC

Value ($000) $429 (+67.8%) Shares 68,167 (+4.1%)

OSAIC HOLDINGS, INC.

Value ($000) $1 (+83.0%) Shares 94 (+4.4%)

Institution	Prev Shares	Curr Shares	Change
VANGUARD GROUP INC	268,166	341,404	+73,238 (+27.3%)
BRIDGEWAY CAPITAL MANAGEMENT, LLC	41,000	51,638	+10,638 (+25.9%)
RENAISSANCE TECHNOLOGIES LLC	115,885	131,285	+15,400 (+13.3%)
STATE STREET CORP	21,093	27,093	+6,000 (+28.4%)
DIMENSIONAL FUND ADVISORS LP	23,231	26,543	+3,312 (+14.3%)
GEODE CAPITAL MANAGEMENT, LLC	65,502	68,167	+2,665 (+4.1%)
OSAIC HOLDINGS, INC.	90	94	+4 (+4.4%)

Decreased Positions (15)

Stonepine Capital Management, LLC

Value ($000) $982 (-34.3%) Shares 156,179 (-59.2%)

TANG CAPITAL MANAGEMENT LLC

Value ($000) $4,179 (+48.8%) Shares 664,314 (-7.7%)

Shay Capital LLC

Value ($000) $212 (-19.7%) Shares 33,699 (-50.2%)

ADAR1 Capital Management, LLC

Value ($000) $739 (+51.6%) Shares 117,440 (-6.0%)

Ikarian Capital, LLC

Value ($000) $643 (+54.2%) Shares 102,211 (-4.4%)

TWO SIGMA INVESTMENTS, LP

Value ($000) $71 (-23.0%) Shares 11,312 (-52.2%)

FMR LLC

Value ($000) $1 (-96.2%) Shares 208 (-97.6%)

BOOTHBAY FUND MANAGEMENT, LLC

Value ($000) $102 (+25.1%) Shares 16,210 (-22.4%)

MORGAN STANLEY

Value ($000) $36 (+17.2%) Shares 5,685 (-27.3%)

Tower Research Capital LLC (TRC)

Value ($000) $4 (-23.4%) Shares 564 (-52.5%)

UBS Group AG

Value ($000) $0 (-81.8%) Shares 40 (-88.8%)

NORTHERN TRUST CORP

Value ($000) $87 (+59.2%) Shares 13,763 (-1.3%)

JPMORGAN CHASE & CO

Value ($000) $1 (-15.8%) Shares 109 (-47.8%)

ACADIAN ASSET MANAGEMENT LLC

Value ($000) $1 (+51.6%) Shares 125,371 (-6.1%)

BNP PARIBAS ARBITRAGE, SA

Value ($000) $1 (+49.7%) Shares 89 (-7.3%)

Institution	Prev Shares	Curr Shares	Change
Stonepine Capital Management, LLC	383,182	156,179	-227,003 (-59.2%)
TANG CAPITAL MANAGEMENT LLC	720,000	664,314	-55,686 (-7.7%)
Shay Capital LLC	67,661	33,699	-33,962 (-50.2%)
ADAR1 Capital Management, LLC	124,967	117,440	-7,527 (-6.0%)
Ikarian Capital, LLC	106,901	102,211	-4,690 (-4.4%)
TWO SIGMA INVESTMENTS, LP	23,682	11,312	-12,370 (-52.2%)
FMR LLC	8,732	208	-8,524 (-97.6%)
BOOTHBAY FUND MANAGEMENT, LLC	20,900	16,210	-4,690 (-22.4%)
MORGAN STANLEY	7,820	5,685	-2,135 (-27.3%)
Tower Research Capital LLC (TRC)	1,187	564	-623 (-52.5%)
UBS Group AG	356	40	-316 (-88.8%)
NORTHERN TRUST CORP	13,940	13,763	-177 (-1.3%)
JPMORGAN CHASE & CO	209	109	-100 (-47.8%)
ACADIAN ASSET MANAGEMENT LLC	133,525	125,371	-8,154 (-6.1%)
BNP PARIBAS ARBITRAGE, SA	96	89	-7 (-7.3%)

Exited Positions (5)

ORBIMED ADVISORS LLC

Value ($000) $752 Shares 192,700

LANDSCAPE CAPITAL MANAGEMENT, L.L.C.

Value ($000) $51 Shares 13,042

TWO SIGMA ADVISERS, LP

Value ($000) $212 Shares 54,261

CITADEL ADVISORS LLC

Value ($000) $71 Shares 18,221

CITIGROUP INC

Value ($000) $0 Shares 51

Institution	Prev Shares	Prev Value ($000)
ORBIMED ADVISORS LLC	192,700	$752
LANDSCAPE CAPITAL MANAGEMENT, L.L.C.	13,042	$51
TWO SIGMA ADVISERS, LP	54,261	$212
CITADEL ADVISORS LLC	18,221	$71
CITIGROUP INC	51	$0