Cartenna Capital’s State Street Industrial Select Sector SPDR ETF XLI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-3,250,000	Closed	-$501M	–	74
2025 Q3	$501M	Buy	+3,250,000	New	+$492M	14.19%	1
2025 Q2	–	Sell	-1,200,000	Closed	-$157M	–	60
2025 Q1	$157M	Buy	+1,200,000	New	+$162M	9.56%	1
2024 Q4	–	Sell	-2,000,000	Closed	-$271M	–	60
2024 Q3	$271M	Sell	2,000,000 -631,300	-24%	-$80.2M	10.6%	2
2024 Q2	$321M	Buy	+2,631,300	New	+$324M	12.22%	2
2023 Q4	–	Sell	-1,150,000	Closed	-$117M	–	48
2023 Q3	$117M	Hold	1,150,000	–	–	11.91%	1
2023 Q2	$123M	Buy	1,150,000 +300,000	+35%	+$30.2M	9.9%	2
2023 Q1	$86M	Buy	850,000 +839,650	+8,113%	+$84.5M	10.48%	2
2022 Q4	$1.02M	Buy	+10,350	New	+$986K	0.17%	31
2022 Q2	–	Sell	-2,500	Closed	-$257K	–	51
2022 Q1	$257K	Buy	+2,500	New	+$254K	0.09%	34