Belpointe Asset 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	$355K	Buy	7,098 +357	+5%	+$17.9K	0.01%	803
2025 Q4	$306K	Buy	6,741 +255	+4%	+$11.3K	0.01%	819
2025 Q3	$291K	Sell	6,486 -44	-0.7%	-$1.99K	0.01%	807
2025 Q2	$287K	Sell	6,530 -5,444	-45%	-$231K	0.01%	763
2025 Q1	$514K	Sell	11,974 -1,552	-11%	-$67.8K	0.03%	562
2024 Q4	$636K	Sell	13,526 -292	-2%	-$13.5K	0.04%	447
2024 Q3	$666K	Sell	13,818 -28,142	-67%	-$1.28M	0.04%	424
2024 Q2	$1.85M	Buy	41,960 +35,536	+553%	+$1.61M	0.13%	153
2024 Q1	$298K	Sell	6,424 -32	-0.5%	-$1.38K	0.02%	593
2023 Q4	$276K	Sell	6,456 -2,188	-25%	-$87.5K	0.02%	550
2023 Q3	$340K	Buy	+8,644	New	+$355K	0.04%	436
2023 Q2	–	Sell	-9,354	Closed	-$377K	–	3414
2023 Q1	$377K	Buy	9,354 +324	+4%	+$13.1K	0.02%	660
2022 Q4	$351K	Sell	9,030 -3,868	-30%	-$149K	0.02%	668
2022 Q3	$439K	Sell	12,898 -10,906	-46%	-$410K	0.03%	555
2022 Q2	$876K	Buy	23,804 +6,822	+40%	+$285K	0.06%	326
2022 Q1	$749K	Sell	16,982 -160	-0.9%	-$6.82K	0.05%	410
2021 Q4	$777K	Buy	17,142 +2,784	+19%	+$120K	0.05%	393
2021 Q3	$568K	Sell	14,358 -7,990	-36%	-$332K	0.04%	468
2021 Q2	$919K	Buy	22,348 +11,834	+113%	+$499K	0.07%	317
2021 Q1	$414K	Sell	10,514 -96,742	-90%	-$3.65M	0.04%	493
2020 Q4	$3.88M	Buy	+107,256	New	+$3.67M	0.35%	57
2019 Q4	–	Sell	-4,746	Closed	-$138K	–	818
2019 Q3	$138K	Buy	+4,746	New	+$137K	0.02%	585
2018 Q4	–	Sell	-5,858	Closed	-$170K	–	645
2018 Q3	$170K	Buy	+5,858	New	+$173K	0.03%	493