PAYPAL HLDGS INC

Ticker: PYPL CUSIP: 70450Y103 Class: COM

AQR Arbitrage LLC's Holding History (CIK: 0001167456)

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

Q4 2015

Shares 209,368 Value ($000) $7,579 Avg Close $35.20 Range $30.68 - $38.43

Q3 2015

Shares 209,368 Value ($000) $6,499 Avg Close $35.85 Range $29.93 - $42.45

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	209,368	$7,579	$35.20	$30.68 - $38.43
Q3 2015	209,368	$6,499	$35.85	$29.93 - $42.45