REGENERON PHARMACEUTICALS

Ticker: REGN CUSIP: 75886F107 Class: COM

Nicholas Investment Partners, LP's Holding History (CIK: 0001389574)

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

Q4 2014

Shares 14,615 Value ($000) $5,996 Avg Close $391.09 Range $318.29 - $435.23

Q3 2014

Shares 14,597 Value ($000) $5,263 Avg Close $333.32 Range $283.49 - $367.27

Q2 2014

Shares 14,339 Value ($000) $4,050 Avg Close $294.74 Range $268.01 - $318.24

Q1 2014

Shares 10,201 Value ($000) $3,063 Avg Close $306.39 Range $261.52 - $350.55

Q4 2013

Shares 8,238 Value ($000) $2,267 Avg Close $286.03 Range $256.27 - $317.74

Q3 2013

Shares 9,192 Value ($000) $2,876 Avg Close $261.58 Range $224.53 - $318.07

Q2 2013

Shares 8,416 Value ($000) $1,893 Avg Close $231.58 Range $176.14 - $282.42

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	14,615	$5,996	$391.09	$318.29 - $435.23
Q3 2014	14,597	$5,263	$333.32	$283.49 - $367.27
Q2 2014	14,339	$4,050	$294.74	$268.01 - $318.24
Q1 2014	10,201	$3,063	$306.39	$261.52 - $350.55
Q4 2013	8,238	$2,267	$286.03	$256.27 - $317.74
Q3 2013	9,192	$2,876	$261.58	$224.53 - $318.07
Q2 2013	8,416	$1,893	$231.58	$176.14 - $282.42