Discovery Capital Management’s State Street SPDR S&P Oil & Gas Exploration & Production ETF XOP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$585K	Hold	3,215	–	–	0.03%	74
2025 Q4	$406K	Buy	+3,215	New	+$416K	0.02%	85
2025 Q1	–	Sell	-573,000	Closed	-$75.8M	–	91
2024 Q4	$75.8M	Buy	573,000 +531,800	+1,291%	+$72.7M	5.14%	3
2024 Q3	$5.42M	Buy	41,200 +7,400	+22%	+$1.02M	0.66%	34
2024 Q2	$4.92M	Buy	+33,800	New	+$5.11M	0.63%	33
2019 Q2	–	Sell	-3,300	Closed	-$406K	–	52
2019 Q1	$406K	Buy	+3,300	New	+$397K	0.04%	32
2018 Q4	–	Sell	-5,951	Closed	-$1.03M	–	61
2018 Q3	$1.03M	Buy	+5,951	New	+$1M	0.06%	47
2018 Q2	–	Sell	-72,150	Closed	-$10.2M	–	66
2018 Q1	$10.2M	Buy	+72,150	New	+$10.3M	0.35%	43
2017 Q2	–	Sell	-589,725	Closed	-$88.3M	–	86
2017 Q1	$88.3M	Buy	589,725 +106,975	+22%	+$16.7M	1.64%	24
2016 Q4	$80M	Buy	+482,750	New	+$75.7M	1.35%	25
2015 Q1	–	Sell	-132,500	Closed	-$25.4M	–	123
2014 Q4	$25.4M	Buy	+132,500	New	+$29.5M	0.26%	77
2014 Q3	–	Sell	-322,500	Closed	-$106M	–	126
2014 Q2	$106M	Buy	+322,500	New	+$99.2M	1.01%	35