OPPENHEIMER HLDGS INC

Ticker: OPY CUSIP: 683797104 Class: Common Stock

SHEPHERD KAPLAN KROCHUK, LLC's Holding History (CIK: 0001218583)

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

Q2 2016

Shares 12,000 Value ($000) $186 Avg Close $15.17 Range $13.63 - $16.66

Q1 2016

Shares 10,000 Value ($000) $158 Avg Close $14.91 Range $13.58 - $16.98

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	12,000	$186	$15.17	$13.63 - $16.66
Q1 2016	10,000	$158	$14.91	$13.58 - $16.98