Algebris Investments (UK)’s State Street Financial Select Sector SPDR ETF XLF Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q2	–	Sell	-2,172,000	Closed	-$51.5M	–	51
2017 Q1	$51.5M	Buy	2,172,000 +1,517,000	+232%	+$36.3M	5.56%	4
2016 Q4	$15.2M	Sell	655,000 -7,500	-1%	-$161K	2.43%	12
2016 Q3	$12.8M	Buy	+662,500	New	+$13.7M	2.24%	12
2016 Q2	–	Sell	-113,915	Closed	-$2.25M	–	77
2016 Q1	$2.25M	Buy	+113,915	New	+$2.17M	0.82%	33
2014 Q2	–	Sell	-1,365,039	Closed	-$26.8M	–	80
2014 Q1	$26.8M	Buy	+1,365,039	New	+$26.1M	13.66%	1
2013 Q4	–	Sell	-489,833	Closed	-$8.56M	–	72
2013 Q3	$8.56M	Sell	489,833 -22,783	-4%	-$404K	7.34%	3
2013 Q2	$8.75M	Buy	+512,616	New	+$8.6M	11.34%	2