UNIVERSAL INS HLDGS INC

Ticker: UVE CUSIP: 91359V107 Class: Common Stock

CAPITAL FUND MANAGEMENT S.A.'s Holding History (CIK: 0001323645)

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

Q4 2016

Shares 28,184 Value ($000) $800 Avg Close $23.81 Range $18.07 - $28.60

Q3 2016

Shares 13,600 Value ($000) $343 Avg Close $22.43 Range $17.93 - $25.71

Q4 2015

Shares 11,700 Value ($000) $271 Avg Close $27.52 Range $16.50 - $37.49

Q1 2015

Shares 34,800 Value ($000) $891 Avg Close $23.52 Range $19.19 - $26.91

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	28,184	$800	$23.81	$18.07 - $28.60
Q3 2016	13,600	$343	$22.43	$17.93 - $25.71
Q4 2015	11,700	$271	$27.52	$16.50 - $37.49
Q1 2015	34,800	$891	$23.52	$19.19 - $26.91