Bayesian Capital Management’s State Street Materials Select Sector SPDR ETF XLB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-6,200	Closed	-$281K	–	221
2025 Q4	$281K	Buy	+6,200	New	+$274K	0.64%	55
2025 Q3	–	Sell	-7,038	Closed	-$309K	–	834
2025 Q2	$309K	Buy	+7,038	New	+$298K	0.05%	387
2023 Q3	–	Sell	-28,908	Closed	-$1.2M	–	1045
2023 Q2	$1.2M	Buy	+28,908	New	+$1.15M	0.13%	217
2021 Q1	–	Sell	-9,826	Closed	-$356K	–	717
2020 Q4	$356K	Buy	+9,826	New	+$336K	0.09%	270
2020 Q2	–	Sell	-30,514	Closed	-$687K	–	825
2020 Q1	$687K	Buy	30,514 +19,116	+168%	+$525K	0.15%	208
2019 Q4	$350K	Buy	+11,398	New	+$337K	0.06%	388
2016 Q3	–	Sell	-12,000	Closed	-$278K	–	530
2016 Q2	$278K	Buy	+12,000	New	+$279K	0.17%	252