Elliott Management’s State Street SPDR S&P Regional Banking ETF KRE Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q3	–	Sell	-500,000	Closed	-$30.5M	–	82
2018 Q2	$30.5M	Hold	500,000	–	–	0.15%	51
2018 Q1	$30.2M	Sell	500,000 -250,000	-33%	-$15.5M	0.17%	49
2017 Q4	$44.1M	Hold	750,000	–	–	0.28%	41
2017 Q3	$42.6M	Buy	+750,000	New	+$40.3M	0.25%	48
2016 Q2	–	Sell	-2,250,000	Closed	-$84.7M	–	93
2016 Q1	$84.7M	Sell	2,250,000 -700,000	-24%	-$25.7M	0.89%	31
2015 Q4	$124M	Hold	2,950,000	–	–	1.5%	17
2015 Q3	$122M	Buy	+2,950,000	New	+$125M	2.33%	10
2015 Q1	–	Sell	-1,275,000	Closed	-$51.9M	–	73
2014 Q4	$51.9M	Buy	+1,275,000	New	+$50M	0.54%	38