Total PIPCO Value 4/11/2014

Ticker		Closing Price		Shares		Market
		4/11/2014		Outstanding		Value
				3/31/2014		4/11/2014
ACTG		$               16.21		50,640,123		$     820,876,394
BCYP.OB		$               0.128		167,232,688		$       21,405,784
CLGL		$             0.0220		3,340,000,000		$       73,480,000
COPY.OB		$               0.259		212,957,900		$       55,156,096
CRDS		$                  2.37		12,883,023		$       30,532,765
DSS		$                  1.28		49,230,159		$       63,014,604
EDIG.OB		$             0.0588		293,186,908		$       17,239,390
ENIP		$               0.060		44,070,062		$        2,639,797
EONC		$                  4.84		2,891,613		$       13,995,407
FNJN.OB		$                  5.65		22,368,453		$     126,381,759
IDCC		$               32.45		40,452,673		$  1,312,689,239
MARA.OB		$                  6.40		5,489,593		$       35,133,395
MGT		$                  1.93		8,866,686		$       17,112,704
NTIP		$                  1.68		25,757,982		$       43,273,410
OTIV		$                  2.27		32,300,000		$       73,321,000
PCO		$                  1.76		266,068,725		$     468,280,956
PPRO		$                  3.80		20,741,572		$       78,817,974
PRKR		$                  4.24		96,290,722		$     408,272,661
PTNT		$                  3.22		7,751,952		$       24,961,285
RMBS		$               11.60		113,483,805		$  1,316,412,138
SITO.OB		$               0.370		142,832,217		$       52,847,920
SPEX		$                  2.18		25,858,940		$       56,372,489
STRP		$                  6.49		11,795,097		$       76,550,180
TIVO		$               11.64		120,691,616		$  1,404,850,410
TSRA		$               21.91		53,111,401		$  1,163,670,796
UPIP		$                  2.07		109,767,378		$     227,218,472
VHC		$               13.01		51,236,141		$     666,582,194
VRNG		$                  3.75		85,797,826		$     321,741,848
WDDD.OB		$             0.1595		93,209,823		$       14,866,967
WILN		$                  2.96		119,909,016		$     354,930,687
				Total =		$  9,342,628,721