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DENVER INVESTMENT ADVISORS LLC
> AFSI
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2018 | Amtrust Financial Services, Inc. | AFSI | 0 | -1,793,688 | 0 | -18,062,000 | |
| 12/31/2017 | Amtrust Financial Services, Inc. | AFSI | 1,793,688 | -77,187 | 18,062,000 | -7,120,000 | $10.07 |
| 09/30/2017 | Amtrust Financial Services, Inc. | AFSI | 1,870,875 | -392,095 | 25,182,000 | -9,079,000 | $13.46 |
| 06/30/2017 | Amtrust Financial Services, Inc. | AFSI | 2,262,970 | 731,249 | 34,261,000 | 5,985,000 | $15.14 |
| 03/31/2017 | Amtrust Financial Services, Inc. | AFSI | 1,531,721 | 1,531,721 | 28,276,000 | 28,276,000 | $18.46 |
| 06/30/2016 | Amtrust Financial Services, Inc. | AFSI | 0 | -44,691 | 0 | -1,739,000 | |
| 03/31/2016 | Amtrust Financial Services, Inc. | AFSI | 0 | -44,691 | 0 | -1,739,000 | |
| 09/30/2015 | Amtrust Financial Services, Inc. | AFSI | 0 | -44,691 | 0 | -1,739,000 | |
| 09/30/2014 | Amtrust Financial Services, Inc. | AFSI | 0 | -44,691 | 0 | -1,739,000 | |
| 12/31/2013 | Amtrust Financial Services, Inc. | AFSI | 0 | -44,691 | 0 | -1,739,000 | |
| 09/30/2013 | Amtrust Financial Services, Inc. | AFSI | 44,691 | -16,821 | 1,739,000 | -474,000 | $38.91 |
| 06/30/2013 | Amtrust Financial Services, Inc. | AFSI | 61,512 | 61,512 | 2,213,000 | 2,213,000 | $35.98 |
| 03/31/2013 | Amtrust Financial Services, Inc. | AFSI | 30,358 | 30,358 | 1,052,000 | 1,052,000 | $34.65 |
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