ASSOCIATED CAP GROUP INC

Ticker: ACGP CUSIP: 045528106 Class: Common Stock

TWO SIGMA INVESTMENTS, LP's Holding History (CIK: 0001179392)

Note: Option positions (PUT/CALL) are excluded.

Q1 2017

Shares 5,774 Value ($000) $209 Avg Close $32.92 Range $29.08 - $35.54

Q4 2016

Shares 11,000 Value ($000) $361 Avg Close $30.70 Range $29.04 - $32.38

Q4 2015

Shares 14,724 Value ($000) $449 Avg Close $27.05 Range $23.51 - $32.77

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2017	5,774	$209	$32.92	$29.08 - $35.54
Q4 2016	11,000	$361	$30.70	$29.04 - $32.38
Q4 2015	14,724	$449	$27.05	$23.51 - $32.77