Elliott Management’s State Street Financial Select Sector SPDR ETF XLF Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-949,250	Closed	-$18.9M	–	91
2015 Q3	$18.9M	Buy	949,250 +626,530	+194%	+$13.3M	0.36%	35
2015 Q2	$6.91M	Sell	322,720 -2,137,835	-87%	-$46.2M	0.1%	47
2015 Q1	$52.1M	Sell	2,460,555 -187,959	-7%	-$3.98M	0.64%	23
2014 Q4	$57.5M	Hold	2,648,514	–	–	0.6%	35
2014 Q3	$53.9M	Buy	2,648,514 +318,960	+14%	+$6.44M	0.61%	33
2014 Q2	$46.5M	Hold	2,329,554	–	–	0.65%	30
2014 Q1	$45.7M	Buy	2,329,554 +324,657	+16%	+$6.2M	0.9%	16
2013 Q4	$38.5M	Sell	2,004,897 -231,816	-10%	-$4.26M	0.87%	20
2013 Q3	$39.1M	Buy	2,236,713 +1,287,804	+136%	+$22.8M	0.72%	22
2013 Q2	$16.2M	Buy	+948,909	New	+$15.9M	0.31%	26