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WESTCLIFF CAPITAL MANAGEMENT LLC
> NLY
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 09/30/2012 | ANNALY CAPITAL MANAGEMENT INC | NLY | 0 | -102,140 | 0 | -1,714,000 | |
| 06/30/2012 | ANNALY CAPITAL MANAGEMENT INC | NLY | 102,140 | 9,825 | 1,714,000 | 254,000 | $16.78 |
| 03/31/2012 | ANNALY CAPITAL MANAGEMENT INC | NLY | 92,315 | 59,955 | 1,460,000 | 944,000 | $15.82 |
| 12/31/2011 | ANNALY CAPITAL MANAGEMENT INC | NLY | 32,360 | 32,360 | 516,000 | 516,000 | $15.95 |
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