Portfolio Changes to Vailshire Partners LP Hedge Fund (Week of August 27-31) – $GPN $EA $CTRP $EEM

Highlights: Technology and US-based small cap stocks continue to perform well. Emerging market equities are increasingly volatile and have performed poorly. Our short positions in such companies and funds are performing admirably within Vailshire Partners LP Hedge Fund. Turnover last week was relatively low, with only four position changes in our diversified portfolio. Overall, the fund continues to handily outperform the …