PANGAEA LOGISTICS SOLUTION L

Ticker: PANL CUSIP: G6891L105 Class: Foreign Stock

THOMPSON DAVIS & CO., INC.'s Holding History (CIK: 0001017284)

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

Q4 2016

Shares 900 Value ($000) $3 Avg Close $2.13 Range $1.80 - $3.33

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	900	$3	$2.13	$1.80 - $3.33