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SIT INVESTMENT ASSOCIATES INC
> GDS
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2023 | GDS Holdings Ltd | GDS | 1,575 | 0 | 17,000 | -12,000 | $10.79 |
| 03/31/2023 | GDS Holdings Ltd | GDS | 1,575 | 0 | 29,000 | -3,000 | $18.41 |
| 12/31/2022 | GDS Holdings Ltd | GDS | 1,575 | 0 | 32,000 | 4,000 | $20.32 |
| 09/30/2022 | GDS Holdings Ltd | GDS | 1,575 | 0 | 28,000 | -25,000 | $17.78 |
| 06/30/2022 | GDS Holdings Ltd | GDS | 1,575 | 0 | 53,000 | -9,000 | $33.65 |
| 03/31/2022 | GDS Holdings Ltd | GDS | 1,575 | 0 | 62,000 | -12,000 | $39.37 |
| 12/31/2021 | GDS Holdings Ltd | GDS | 1,575 | 1,575 | 74,000 | 74,000 | $46.98 |
| 09/30/2021 | GDS Holdings Ltd | GDS | 0 | -1,575 | 0 | -124,000 | |
| 06/30/2021 | GDS Holdings Ltd | GDS | 1,575 | 0 | 124,000 | -4,000 | $78.73 |
| 03/31/2021 | GDS Holdings Ltd | GDS | 1,575 | 400 | 128,000 | 18,000 | $81.27 |
| 12/31/2020 | GDS Holdings Ltd | GDS | 1,175 | 0 | 110,000 | 14,000 | $93.62 |
| 09/30/2020 | GDS Holdings Ltd | GDS | 1,175 | 0 | 96,000 | 2,000 | $81.70 |
| 06/30/2020 | GDS Holdings Ltd | GDS | 1,175 | 0 | 94,000 | 26,000 | $80.00 |
| 03/31/2020 | GDS Holdings Ltd | GDS | 1,175 | 0 | 68,000 | 7,000 | $57.87 |
| 12/31/2019 | GDS Holdings Ltd | GDS | 1,175 | 1,175 | 61,000 | 61,000 | $51.91 |
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