Total PIPCO Value 1/16/2015

Ticker				Shares		Market
		Closing Price		Outstanding		Value
		1/16/2015		1/16/2015		1/16/2015
ACTG		$16.11		50,120,699		$        807,444,461
ANDR		$0.0741		63,721,035		$           4,721,729
BCYP		$0.16		227,643,460		$          36,422,954
CRDS		$2.52		15,045,049		$          37,913,523
DSS		$0.329		42,213,654		$          13,888,292
EDIG		$0.1249		293,328,330		$          36,636,708
ENIP		$0.007		44,070,062		$              308,490
FNJN		$2.30		22,443,552		$          51,620,170
IDCC		$51.99		37,164,303		$     1,932,172,113
INVT		$0.65		27,136,356		$     1,410,819,148
ITUS		$0.118		216,842,190		$          25,587,378
MARA		$7.60		13,579,810		$        103,206,556
MAXD		$0.057		363,904,570		$          20,742,560
MGT		$0.61		10,542,287		$           6,430,795
MVPI		$0.169		33,400,000		$           5,644,600
NEON		$2.48		40,455,352		$        100,329,273
NLST		$1.35		41,479,584		$          55,997,438
NTIP		$2.22		24,474,336		$          54,333,026
OTIV		$1.69		33,618,287		$          56,814,905
PAYD		$0.065		328,874,050		$          21,376,813
PCO		$1.33		266,822,495		$        354,873,918
PPRO		$2.28		20,741,572		$          47,290,784
PRKR		$0.9951		97,139,766		$          96,663,781
PTNT		$2.70		7,751,952		$          20,930,270
RMBS		$10.28		114,753,168		$     1,179,662,567
RPXC		$12.43		53,938,712		$        670,458,190
SITO		$0.171		150,728,628		$          25,774,595
SPEX		$0.92		35,858,940		$          32,990,225
STRP		$17.00		11,195,949		$        190,331,133
TIVO		$10.83		115,570,392		$     1,251,627,345
TSRA		$37.22		52,489,712		$     1,953,667,081
UPIP		$1.00		111,849,288		$        111,849,288
VHC		$5.19		51,996,701		$        269,862,878
VRNG		$0.5052		93,175,380		$          47,072,202
WDDD		$0.1577		96,554,322		$          15,226,617
WILN		$3.05		120,211,493		$        366,645,054
				Total =		$   11,417,336,863
				1/9/2015		$   11,412,584,803
				Weekly Change		$           4,752,060