Glacier Peak Capital’s ProShares Trust UltraShort Lehman 20+ Year Treasury TBT Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-25,000	Closed	-$790K	–	95
2016 Q3	$790K	Sell	25,000 -35,640	-59%	-$1.13M	1.33%	13
2016 Q2	$1.92M	Buy	+60,640	New	+$1.92M	2.04%	12