Churchill Management’s SPDR Portfolio Emerging Markets ETF SPEM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2018 Q2	–	Sell	-17,382	Closed	-$683K	–	135
2018 Q1	$683K	Buy	17,382 +11,656	+204%	+$458K	0.02%	111
2017 Q4	$218K	Buy	+5,726	New	+$218K	﹤0.01%	120