Raging Capital Management, LLC Buys Zynga, Mellanox Technologies, Range Resources, Sells ORBCOMM, Pacific Biosciences of California, EQT

• New Purchases: ZNGA, SIGM, RTK, ADNT, UAN, DAVE, NM, EVRI,
• Added Positions: MLNX, RRC, IMMR, AHP, AR, SPLP, RDCM, CAVM, ANW, IMI,
• Reduced Positions: ORBC, FCAU, BLDR, HOS, AMBC, TNET, WAC, AFI, TST, CGEN,
• Sold Out: PACB, EQT, INSY, PMTS, NHTC, ANFI,

For the details of Raging Capital Management, LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Raging+Capital+Management%2C+LLC

1. SPDR Dow Jones Industrial Average (DIA) - 1,000,000 shares, 14.71% of the total portfolio.
2. iShares Russell 2000 (IWM) - 1,000,000 shares, 10.04% of the total portfolio.
3. Credit Suisse Group AG (CS) - 4,914,600 shares, 5.24% of the total portfolio.
4. Fiat Chrysler Automobiles NV (FCAU) - 7,500,000 shares, 5.09% of the total portfolio.
5. Builders FirstSource Inc (BLDR) - 5,838,937 shares, 4.77% of the total portfolio. Shares reduced by 17.46%

Raging Capital Management, LLC initiated holdings in Zynga Inc. The purchase prices were between $2.56 and $3.01, with an estimated average price of $2.82. The stock is now traded at around $2.62. The impact to the portfolio due to this purchase was 2.18%. The holdings were 11,381,561 shares as of 2016-12-31.

Raging Capital Management, LLC initiated holdings in Sigma Designs Inc. The purchase prices were between $5.6 and $8.3, with an estimated average price of $7.19. The stock is now traded at around $6.48. The impact to the portfolio due to this purchase was 1.14%. The holdings were 2,548,127 shares as of 2016-12-31.

Raging Capital Management, LLC initiated holdings in Rentech Inc. The purchase prices were between $1.5 and $2.94, with an estimated average price of $2.24. The stock is now traded at around $2.68. The impact to the portfolio due to this purchase was 0.37%. The holdings were 1,993,256 shares as of 2016-12-31.

Raging Capital Management, LLC initiated holdings in Adient PLC. The purchase prices were between $44.2 and $58.6, with an estimated average price of $51.92. The stock is now traded at around $64.31. The impact to the portfolio due to this purchase was 0.36%. The holdings were 81,906 shares as of 2016-12-31.

Raging Capital Management, LLC initiated holdings in CVR Partners LP. The purchase prices were between $4.06 and $6.23, with an estimated average price of $5.13. The stock is now traded at around $5.71. The impact to the portfolio due to this purchase was 0.34%. The holdings were 769,140 shares as of 2016-12-31.

Raging Capital Management, LLC initiated holdings in Famous Dave's of America Inc. The purchase prices were between $4.45 and $5.45, with an estimated average price of $4.96. The stock is now traded at around $5.55. The impact to the portfolio due to this purchase was 0.2%. The holdings were 537,617 shares as of 2016-12-31.

Raging Capital Management, LLC added to the holdings in Mellanox Technologies Ltd by 248.99%. The purchase prices were between $39.15 and $45.75, with an estimated average price of $42.33. The stock is now traded at around $47.95. The impact to the portfolio due to this purchase was 1.76%. The holdings were 807,496 shares as of 2016-12-31.

Raging Capital Management, LLC added to the holdings in Range Resources Corp by 321.83%. The purchase prices were between $31.84 and $39.41, with an estimated average price of $35.78. The stock is now traded at around $31.50. The impact to the portfolio due to this purchase was 1.73%. The holdings were 885,852 shares as of 2016-12-31.

Raging Capital Management, LLC added to the holdings in Immersion Corp by 593.10%. The purchase prices were between $7.09 and $11.76, with an estimated average price of $9.43. The stock is now traded at around $10.79. The impact to the portfolio due to this purchase was 1.1%. The holdings were 1,620,830 shares as of 2016-12-31.

Raging Capital Management, LLC added to the holdings in Ashford Hospitality Prime Inc by 23.62%. The purchase prices were between $12.18 and $14.61, with an estimated average price of $13.41. The stock is now traded at around $13.33. The impact to the portfolio due to this purchase was 0.48%. The holdings were 2,460,079 shares as of 2016-12-31.

Raging Capital Management, LLC added to the holdings in Antero Resources Corp by 55.14%. The purchase prices were between $23.65 and $27.82, with an estimated average price of $25.67. The stock is now traded at around $25.32. The impact to the portfolio due to this purchase was 0.48%. The holdings were 758,816 shares as of 2016-12-31.

Raging Capital Management, LLC added to the holdings in Steel Partners Holdings LP by 46.19%. The purchase prices were between $13.73 and $15.65, with an estimated average price of $14.48. The stock is now traded at around $17.60. The impact to the portfolio due to this purchase was 0.45%. The holdings were 1,251,476 shares as of 2016-12-31.

Raging Capital Management, LLC sold out the holdings in Pacific Biosciences of California Inc. The sale prices were between $3.8 and $9.05, with an estimated average price of $7.27.

Raging Capital Management, LLC sold out the holdings in EQT Corp. The sale prices were between $63.34 and $74.7, with an estimated average price of $68.23.

Raging Capital Management, LLC sold out the holdings in Insys Therapeutics Inc. The sale prices were between $9.07 and $14.53, with an estimated average price of $11.3.

Raging Capital Management, LLC sold out the holdings in CPI Card Group Inc. The sale prices were between $3.45 and $6.33, with an estimated average price of $4.59.

Raging Capital Management, LLC sold out the holdings in Natural Health Trends Corp. The sale prices were between $21.44 and $29.95, with an estimated average price of $25.17.

Raging Capital Management, LLC sold out the holdings in Amira Nature Foods Ltd. The sale prices were between $5.88 and $8.54, with an estimated average price of $7.42.

Raging Capital Management, LLC reduced to the holdings in ORBCOMM Inc by 72.35%. The sale prices were between $7.44 and $9.99, with an estimated average price of $8.79. The stock is now traded at around $8.10. The impact to the portfolio due to this sale was -4.14%. Raging Capital Management, LLC still held 1,107,239 shares as of 2016-12-31.

Raging Capital Management, LLC reduced to the holdings in Fiat Chrysler Automobiles NV by 49.64%. The sale prices were between $6.16 and $9.12, with an estimated average price of $7.51. The stock is now traded at around $11.51. The impact to the portfolio due to this sale was -2.14%. Raging Capital Management, LLC still held 2,440,000 shares as of 2016-12-31.

Raging Capital Management, LLC reduced to the holdings in Hornbeck Offshore Services Inc by 50.87%. The sale prices were between $3.32 and $8.47, with an estimated average price of $5.85. The stock is now traded at around $4.70. The impact to the portfolio due to this sale was -1.4%. Raging Capital Management, LLC still held 1,768,520 shares as of 2016-12-31.

Raging Capital Management, LLC reduced to the holdings in Ambac Financial Group Inc by 35.48%. The sale prices were between $17.75 and $26.78, with an estimated average price of $21.85. The stock is now traded at around $22.71. The impact to the portfolio due to this sale was -0.91%. Raging Capital Management, LLC still held 646,124 shares as of 2016-12-31.

Raging Capital Management, LLC reduced to the holdings in Trinet Group Inc by 48.54%. The sale prices were between $17.8 and $26.32, with an estimated average price of $22.67. The stock is now traded at around $26.08. The impact to the portfolio due to this sale was -0.86%. Raging Capital Management, LLC still held 303,052 shares as of 2016-12-31.

Raging Capital Management, LLC reduced to the holdings in Walter Investment Management Corp by 24.22%. The sale prices were between $3.88 and $7.35, with an estimated average price of $5.42. The stock is now traded at around $3.79. The impact to the portfolio due to this sale was -0.46%. Raging Capital Management, LLC still held 2,544,204 shares as of 2016-12-31.