ARCH CAP GROUP LTD

Ticker: ACGL CUSIP: G0450A105 Class: COM

Paragon Capital Management LLC's Holding History (CIK: 0001388437)

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

Q2 2014

Shares 117,148 Value ($000) $6,728 Avg Close $18.11 Range $17.63 - $18.55

Q1 2014

Shares 115,388 Value ($000) $6,639 Avg Close $17.63 Range $16.56 - $18.88

Q4 2013

Shares 104,698 Value ($000) $6,249 Avg Close $18.24 Range $17.07 - $18.95

Q3 2013

Shares 106,378 Value ($000) $5,758 Avg Close $17.00 Range $16.17 - $17.71

Q2 2013

Shares 106,674 Value ($000) $5,484 Avg Close $16.55 Range $15.68 - $17.32

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	117,148	$6,728	$18.11	$17.63 - $18.55
Q1 2014	115,388	$6,639	$17.63	$16.56 - $18.88
Q4 2013	104,698	$6,249	$18.24	$17.07 - $18.95
Q3 2013	106,378	$5,758	$17.00	$16.17 - $17.71
Q2 2013	106,674	$5,484	$16.55	$15.68 - $17.32