VIPSHOP HLDGS LTD

Ticker: VIPS CUSIP: 92763W103 Class: Foreign Stock

RATIONAL ADVISORS LLC's Holding History (CIK: 0001143565)

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

Q3 2015

Shares 11,500 Value ($000) $193 Avg Close — Range —

Q2 2015

Shares 11,500 Value ($000) $256 Avg Close — Range —

Q1 2015

Shares 11,500 Value ($000) $339 Avg Close — Range —

Q4 2014

Shares 12,000 Value ($000) $234 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	11,500	$193	—	—
Q2 2015	11,500	$256	—	—
Q1 2015	11,500	$339	—	—
Q4 2014	12,000	$234	—	—