TIME WARNER INC

CUSIP: 887317303 Class: COM NEW

Cambria Investment Management, L.P.'s Holding History (CIK: 0001529389)

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

Q4 2016
Shares 4,652 Value ($000) $449 Avg Close — Range —
Q3 2016
Shares 4,709 Value ($000) $375 Avg Close — Range —
Q2 2016
Shares 5,108 Value ($000) $376 Avg Close — Range —
Q1 2016
Shares 5,621 Value ($000) $408 Avg Close — Range —
Q4 2015
Shares 6,191 Value ($000) $400 Avg Close — Range —
Q3 2015
Shares 6,590 Value ($000) $453 Avg Close — Range —
Q2 2015
Shares 8,243 Value ($000) $721 Avg Close — Range —
Q1 2015
Shares 8,186 Value ($000) $691 Avg Close — Range —
Q4 2014
Shares 15,576 Value ($000) $1,331 Avg Close — Range —