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WHV Investments, Inc.
> HXL
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2016 | HEXCEL CORP /DE/ | HXL | 0 | -14,005 | 0 | -651,000 | |
| 12/31/2015 | HEXCEL CORP /DE/ | HXL | 14,005 | 14,005 | 651,000 | 651,000 | $46.48 |
| 09/30/2015 | HEXCEL CORP /DE/ | HXL | 39,337 | -8,463 | 1,898,000 | -478,000 | $48.25 |
| 06/30/2015 | HEXCEL CORP /DE/ | HXL | 47,800 | -552,010 | 2,376,000 | -18,048,000 | $49.71 |
| 03/31/2015 | HEXCEL CORP /DE/ | HXL | 49,965 | -88,147 | 2,569,000 | -3,161,000 | $51.42 |
| 12/31/2014 | HEXCEL CORP /DE/ | HXL | 138,112 | -63,018 | 5,730,000 | -3,026,000 | $41.49 |
| 09/30/2014 | HEXCEL CORP /DE/ | HXL | 158,795 | 158,795 | 6,305,000 | 6,305,000 | $39.71 |
| 06/30/2014 | HEXCEL CORP /DE/ | HXL | 0 | -201,130 | 0 | -8,756,000 | |
| 03/31/2014 | HEXCEL CORP /DE/ | HXL | 201,130 | -398,680 | 8,756,000 | -11,668,000 | $43.53 |
| 12/31/2013 | HEXCEL CORP /DE/ | HXL | 575,044 | -24,766 | 25,699,000 | 5,275,000 | $44.69 |
| 09/30/2013 | HEXCEL CORP /DE/ | HXL | 625,275 | 25,465 | 24,261,000 | 3,837,000 | $38.80 |
| 06/30/2013 | HEXCEL CORP /DE/ | HXL | 599,810 | -122,645 | 20,424,000 | 947,000 | $34.05 |
| 03/31/2013 | HEXCEL CORP /DE/ | HXL | 644,955 | -77,500 | 18,710,000 | -767,000 | $29.01 |
| 12/31/2012 | HEXCEL CORP /DE/ | HXL | 722,455 | -17,354 | 19,477,000 | 1,707,000 | $26.96 |
| 09/30/2012 | HEXCEL CORP /DE/ | HXL | 739,809 | 57,780 | 17,770,000 | 180,000 | $24.02 |
| 06/30/2012 | HEXCEL CORP /DE/ | HXL | 682,029 | -54,699 | 17,590,000 | -99,000 | $25.79 |
| 03/31/2012 | HEXCEL CORP /DE/ | HXL | 736,728 | -77,937 | 17,689,000 | -364,000 | $24.01 |
| 12/31/2011 | HEXCEL CORP /DE/ | HXL | 734,170 | -80,495 | 17,774,000 | -279,000 | $24.21 |
| 09/30/2011 | HEXCEL CORP /DE/ | HXL | 814,665 | -122,735 | 18,053,000 | -2,467,000 | $22.16 |
| 09/30/2011 | HEXCEL CORP /DE/ | HXL | 814,665 | -122,735 | 18,053,000 | -2,467,000 | $22.16 |
| 06/30/2011 | HEXCEL CORP /DE/ | HXL | 937,400 | 58,945 | 20,520,000 | 3,223,000 | $21.89 |
| 03/31/2011 | HEXCEL CORP /DE/ | HXL | 878,455 | 80,745 | 17,297,000 | 2,866,000 | $19.69 |
| 12/31/2010 | HEXCEL CORP /DE/ | HXL | 797,710 | -48,996 | 14,431,000 | -632,000 | $18.09 |
| 09/30/2010 | HEXCEL CORP /DE/ | HXL | 846,706 | -151,540 | 15,063,000 | -420,000 | $17.79 |
| 06/30/2010 | HEXCEL CORP /DE/ | HXL | 998,246 | -44,245 | 15,483,000 | 429,000 | $15.51 |
| 03/31/2010 | HEXCEL CORP /DE/ | HXL | 1,042,491 | -183,396 | 15,054,000 | -858,000 | $14.44 |
| 12/31/2009 | HEXCEL CORP /DE/ | HXL | 1,225,887 | -20,433 | 15,912,000 | 1,654,000 | $12.98 |
| 09/30/2009 | HEXCEL CORP /DE/ | HXL | 1,246,320 | -17,650 | 14,258,000 | 2,212,000 | $11.44 |
| 06/30/2009 | HEXCEL CORP /DE/ | HXL | 1,263,970 | 1,263,970 | 12,046,000 | 12,046,000 | $9.53 |
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