Elliott Management’s VanEck Semiconductor ETF SMH Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q1	–	Sell	-2,500,000	Closed	-$109M	–	82
2018 Q4	$109M	Sell	2,500,000 -21,094,000	-89%	-$990M	0.78%	23
2018 Q3	$1.26B	Buy	23,594,000 +13,181,600	+127%	+$700M	5.51%	6
2018 Q2	$535M	Buy	+10,412,400	New	+$544M	2.65%	13
2018 Q1	–	Sell	-2,500,000	Closed	-$122M	–	77
2017 Q4	$122M	Sell	2,500,000 -7,850,000	-76%	-$391M	0.77%	28
2017 Q3	$483M	Buy	10,350,000 +2,500,000	+32%	+$109M	2.85%	12
2017 Q2	$321M	Sell	7,850,000 -750,000	-9%	-$30.9M	2.01%	17
2017 Q1	$343M	Buy	8,600,000 +1,110,000	+15%	+$42.2M	2.58%	13
2016 Q4	$268M	Buy	7,490,000 +3,100,000	+71%	+$108M	2.01%	14
2016 Q3	$152M	Buy	+4,390,000	New	+$141M	1.24%	21
2015 Q3	–	Sell	-2,000,000	Closed	-$54.6M	–	72
2015 Q2	$54.6M	Hold	2,000,000	–	–	0.77%	24
2015 Q1	$55.3M	Buy	+2,000,000	New	+$55.3M	0.68%	22
2014 Q3	–	Sell	-3,000,000	Closed	-$74.2M	–	77
2014 Q2	$74.2M	Hold	3,000,000	–	–	1.04%	17
2014 Q1	$68.4M	Sell	3,000,000 -1,950,000	-39%	-$41.9M	1.34%	14
2013 Q4	$105M	Buy	4,950,000 +450,000	+10%	+$9.22M	2.38%	9
2013 Q3	$89.7M	Buy	+4,500,000	New	+$86.8M	1.65%	11