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 Q3	–	Sell	-160,000	Closed	-$6.78M	–	91
2025 Q2	$6.78M	Buy	+160,000	New	+$6.66M	1.28%	15
2023 Q2	–	Sell	-1,300,000	Closed	-$53.8M	–	69
2023 Q1	$53.8M	Buy	+1,300,000	New	+$55.6M	8.43%	2
2022 Q4	–	Sell	-800,000	Closed	-$28.8M	–	73
2022 Q3	$28.8M	Sell	800,000 -800,000	-50%	-$30.3M	6.16%	2
2022 Q2	$57.2M	Buy	1,600,000 +800,000	+100%	+$32.1M	9.27%	2
2022 Q1	$30.6M	Buy	800,000 +400,000	+100%	+$13.9M	5.23%	3
2021 Q4	$10.4M	Sell	400,000 -2,300,000	-85%	-$65M	2.57%	8
2021 Q3	$70.3M	Buy	2,700,000 +1,300,000	+93%	+$32.2M	13.05%	1
2021 Q2	$37.7M	Buy	+1,400,000	New	+$36.4M	7.62%	3
2019 Q3	–	Sell	-800,000	Closed	-$25.5M	–	68
2019 Q2	$25.5M	Buy	+800,000	New	+$25.6M	4.02%	3
2016 Q4	–	Sell	-1,100,000	Closed	-$38.8M	–	47
2016 Q3	$38.8M	Buy	+1,100,000	New	+$37.7M	5.18%	5