Arosa Capital Management’s State Street Energy Select Sector SPDR ETF XLE Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-100,000	Closed	-$4.47M	–	112
2025 Q3	$4.47M	Buy	+100,000	New	+$4.38M	0.98%	17
2024 Q3	–	Sell	-180,000	Closed	-$8.2M	–	46
2024 Q2	$8.2M	Buy	+180,000	New	+$8.38M	4.63%	5
2023 Q3	–	Sell	-250,000	Closed	-$10.1M	–	54
2023 Q2	$10.1M	Buy	250,000 +50,000	+25%	+$2.04M	2.57%	18
2023 Q1	$8.28M	Buy	+200,000	New	+$8.55M	1.3%	26
2022 Q3	–	Sell	-1,000,000	Closed	-$35.8M	–	82
2022 Q2	$35.8M	Buy	1,000,000 +800,000	+400%	+$32.1M	5.79%	3
2022 Q1	$7.64M	Buy	+200,000	New	+$6.93M	1.31%	23
2021 Q4	–	Sell	-2,000,000	Closed	-$52.1M	–	77
2021 Q3	$52.1M	Buy	2,000,000 +1,200,000	+150%	+$29.7M	9.66%	2
2021 Q2	$21.5M	Buy	+800,000	New	+$20.8M	4.36%	7
2020 Q4	–	Sell	-1,500,000	Closed	-$22.5M	–	99
2020 Q3	$22.5M	Buy	+1,500,000	New	+$26.6M	3.47%	7
2020 Q1	–	Sell	-360,000	Closed	-$10.8M	–	79
2019 Q4	$10.8M	Sell	360,000 -1,940,000	-84%	-$57.5M	2.23%	17
2019 Q3	$68.1M	Buy	+2,300,000	New	+$69.6M	12.13%	1