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WESTCLIFF CAPITAL MANAGEMENT LLC
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| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 09/30/2012 | TWO HARBORS INVESTMENT CORP. | TWO | 0 | -131,008 | 0 | -1,357,000 | |
| 06/30/2012 | TWO HARBORS INVESTMENT CORP. | TWO | 131,008 | 104,738 | 1,357,000 | 1,091,000 | $10.36 |
| 03/31/2012 | TWO HARBORS INVESTMENT CORP. | TWO | 26,270 | 26,270 | 266,000 | 266,000 | $10.13 |
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