BBT Capital Management’s Energy Select Sector SPDR Fund XLE Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-22,051	Closed	-$2M	–	219
2014 Q3	$2M	Buy	+22,051	New	+$2M	0.11%	131
2014 Q2	–	Sell	-93,915	Closed	-$8.36M	–	240
2014 Q1	$8.36M	Buy	+93,915	New	+$8.36M	0.38%	52