Arrowgrass Capital Partners’s State Street SPDR S&P 500 ETF Trust SPY Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-6,500	Closed	-$133M	–	28
2015 Q4	$133M	Buy	+6,500	New	+$1.33M	35.02%	1
2015 Q2	–	Sell	-15,000	Closed	-$310M	–	26
2015 Q1	$310M	Hold	15,000	–	–	51.59%	1
2014 Q4	$308M	Sell	15,000 -1,085,000	-99%	-$218M	81.84%	1
2014 Q3	$217M	Buy	1,100,000 +325,000	+42%	+$64.2M	53.71%	1
2014 Q2	$152M	Buy	775,000 +375,000	+94%	+$71.3M	32.5%	1
2014 Q1	$74.8M	Sell	400,000 -200,000	-33%	-$36.7M	24.58%	1
2013 Q4	$111M	Sell	600,000 -1,225,100	-67%	-$217M	17.93%	2
2013 Q3	$307M	Buy	1,825,100 +404,900	+29%	+$67.9M	35.42%	2
2013 Q2	$228M	Buy	+1,420,200	New	+$229M	22.32%	2