Edenbrook Capital’s State Street SPDR S&P 500 ETF Trust SPY Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$32.5M	Sell	50,000 -50,000	-50%	-$34M	10.13%	4
2025 Q4	$68.2M	Buy	100,000 +14,000	+16%	+$9.46M	12.72%	3
2025 Q3	$57.3M	Buy	86,000 +26,000	+43%	+$16.7M	9.78%	4
2025 Q2	$37.1M	Sell	60,000 -10,000	-14%	-$5.72M	7.97%	6
2025 Q1	$39.2M	Sell	70,000 -67,500	-49%	-$39.7M	11.43%	4
2024 Q4	$80.6M	Buy	137,500 +107,500	+358%	+$63.3M	22.74%	1
2024 Q3	$17.2M	Hold	30,000	–	–	7.28%	6
2024 Q2	$16.3M	Sell	30,000 -170,000	-85%	-$89M	6.15%	5
2024 Q1	$105M	Buy	200,000 +120,000	+150%	+$59.7M	24.66%	1
2023 Q4	$38M	Sell	80,000 -152,500	-66%	-$67.9M	10.43%	4
2023 Q3	$99.4M	Sell	232,500 -67,500	-23%	-$30M	22.15%	1
2023 Q2	$133M	Buy	300,000 +77,000	+35%	+$32.3M	24.77%	1
2023 Q1	$91.3M	Buy	223,000 +98,000	+78%	+$39.1M	19.01%	1
2022 Q4	$47.8M	Sell	125,000 -2,000	-2%	-$769K	11.28%	3
2022 Q3	$45.4M	Buy	127,000 +61,500	+94%	+$24.4M	11.84%	2
2022 Q2	$24.7M	Sell	65,500 -43,500	-40%	-$17.8M	6.75%	6
2022 Q1	$49.2M	Buy	109,000 +106,710	+4,660%	+$47.5M	8.44%	2
2021 Q4	$109M	Sell	2,290 -296,210	-99%	-$136M	15.47%	1
2021 Q3	$128M	Sell	298,500 -107,300	-26%	-$47.3M	13.03%	3
2021 Q2	$174M	Buy	405,800 +22,800	+6%	+$9.52M	17.2%	1
2021 Q1	$152M	Buy	383,000 +206,600	+117%	+$79.7M	14.29%	2
2020 Q4	$66M	Buy	176,400 +10,900	+7%	+$3.87M	16.07%	1
2020 Q3	$55.4M	Sell	165,500 -139,500	-46%	-$46.2M	19%	1
2020 Q2	$94M	Buy	305,000 +266,000	+682%	+$77.9M	30.12%	1
2020 Q1	$10.1M	Sell	39,000 -73,500	-65%	-$22.4M	7.61%	6
2019 Q4	$36.2M	Buy	+112,500	New	+$34.6M	15.92%	1