Elliott Investment Management’s State Street Energy Select Sector SPDR ETF XLE Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-16,000,000	Closed	-$715M	–	42
2025 Q4	$715M	Hold	16,000,000	–	–	3.17%	10
2025 Q3	$715M	Buy	+16,000,000	New	+$701M	3.15%	13
2025 Q1	–	Sell	-12,012,000	Closed	-$514M	–	48
2024 Q4	$514M	Sell	12,012,000 -33,188,000	-73%	-$1.51B	3.09%	7
2024 Q3	$1.98B	Buy	45,200,000 +16,200,000	+56%	+$724M	10.28%	3
2024 Q2	$1.32B	Sell	29,000,000 -2,000,000	-6%	-$93.2M	7.63%	4
2024 Q1	$1.46B	Sell	31,000,000 -4,000,000	-11%	-$172M	9.08%	5
2023 Q4	$1.47B	Hold	35,000,000	–	–	7.84%	4
2023 Q3	$1.58B	Buy	35,000,000 +21,000,000	+150%	+$919M	12.24%	3
2023 Q2	$568M	Hold	14,000,000	–	–	5%	5
2023 Q1	$580M	Sell	14,000,000 -10,100,000	-42%	-$432M	4.29%	7
2022 Q4	$1.05B	Buy	24,100,000 +6,020,000	+33%	+$262M	8.6%	4
2022 Q3	$651M	Sell	18,080,000 -2,460,000	-12%	-$93M	6.74%	5
2022 Q2	$734M	Buy	20,540,000 +10,010,000	+95%	+$402M	8.47%	4
2022 Q1	$402M	Buy	10,530,000 +4,680,000	+80%	+$162M	4.02%	8
2021 Q4	$162M	Buy	5,850,000 +850,000	+17%	+$24M	1.44%	22
2021 Q3	$130M	Hold	5,000,000	–	–	0.93%	24
2021 Q2	$135M	Hold	5,000,000	–	–	1.04%	23
2021 Q1	$123M	Buy	+5,000,000	New	+$115M	0.91%	26
2020 Q4	–	Sell	-1,500,000	Closed	-$22.5M	–	63
2020 Q3	$22.5M	Sell	1,500,000 -500,000	-25%	-$8.88M	0.24%	36
2020 Q2	$37.9M	Buy	+2,000,000	New	+$37.2M	0.41%	28