TWENTY FIRST CENTY FOX INC

CUSIP: 90130A101 Class: CL A

Arrow Investment Advisors, LLC's Holding History (CIK: 0001378410)

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

Q4 2015
Shares 11,415 Value ($000) $310 Avg Close — Range —
Q3 2015
Shares 15,419 Value ($000) $416 Avg Close — Range —
Q2 2015
Shares 13,702 Value ($000) $446 Avg Close — Range —