TIME WARNER INC

CUSIP: 887317303 Class: COM NEW

DELPHI MANAGEMENT INC /MA/'s Holding History (CIK: 0000767684)

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

Q3 2016
Shares 30,662 Value ($000) $2,441 Avg Close — Range —
Q2 2016
Shares 30,926 Value ($000) $2,274 Avg Close — Range —
Q1 2016
Shares 28,809 Value ($000) $2,090 Avg Close — Range —
Q4 2015
Shares 28,844 Value ($000) $1,865 Avg Close — Range —
Q3 2015
Shares 117,721 Value ($000) $8,093 Avg Close — Range —
Q2 2015
Shares 113,401 Value ($000) $9,912 Avg Close — Range —
Q1 2015
Shares 108,891 Value ($000) $9,195 Avg Close — Range —
Q4 2014
Shares 109,119 Value ($000) $9,321 Avg Close — Range —
Q3 2014
Shares 134,741 Value ($000) $10,134 Avg Close — Range —
Q2 2014
Shares 146,311 Value ($000) $10,278 Avg Close — Range —
Q1 2014
Shares 192,756 Value ($000) $12,593 Avg Close — Range —
Q4 2013
Shares 186,050 Value ($000) $12,971 Avg Close — Range —
Q3 2013
Shares 186,955 Value ($000) $12,304 Avg Close — Range —