Total PIPCO Value 2/27/2015

Ticker				Shares		Market
		Closing Price		Outstanding		Value
		2/27/2015		2/27/2015		2/27/2015
ACTG		$12.54		50,120,699		$        628,513,565
ANDR		$0.0786		63,721,035		$           5,008,473
BCYP		$0.1635		227,643,460		$          37,219,706
CRDS		$2.59		19,104,732		$          49,481,256
DSS		$0.43		42,213,654		$          18,151,871
EDIG		$0.1151		293,328,330		$          33,762,091
ENIP		$0.0037		44,070,062		$              163,059
FNJN		$2.50		22,443,552		$          56,108,880
IDCC		$52.87		37,136,023		$     1,963,381,536
INVT		$0.50		27,136,356		$     1,434,699,142
ITUS		$0.0962		219,712,190		$          21,136,313
MARA		$7.34		13,579,810		$          99,675,805
MAXD		$0.0397		363,904,570		$          14,447,011
MGT		$0.60		10,542,287		$           6,325,372
MVPI		$0.115		33,400,000		$           3,841,000
NEON		$3.07		40,455,352		$        124,197,931
NLST		$1.35		41,479,584		$          55,997,438
NTIP		$2.30		24,474,336		$          56,290,973
OTIV		$1.25		33,618,287		$          42,022,859
PAYD		$0.0685		328,874,050		$          22,527,872
PCO		$1.14		266,822,495		$        304,177,644
PPRO		$1.75		20,741,572		$          36,297,751
PRKR		$0.9501		97,139,766		$          92,292,492
PTNT		$2.68		7,751,952		$          20,775,231
RMBS		$12.00		115,234,882		$     1,382,818,584
RPXC		$14.58		53,938,712		$        786,426,421
SITO		$0.33		150,728,628		$          49,740,447
SPEX		$0.92		35,858,940		$          32,990,225
STRP		$20.35		11,950,434		$        243,191,332
TIVO		$11.18		115,570,392		$     1,292,076,983
TSRA		$40.06		52,904,552		$     2,119,356,353
UPIP		$0.77		111,849,288		$          86,123,952
VHC		$7.55		51,996,701		$        392,575,093
VRNG		$0.6977		93,175,380		$          65,008,463
WDDD		$0.14		96,554,322		$          13,517,605
WILN		$2.64		120,247,647		$        317,453,788
				Total =		$   11,907,774,517
				2/20/2015		$   11,707,052,821
				Weekly Change		$        200,721,696