Goldman Sachs’s VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER USLV Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-460	Closed	-$210K	–	4624
2014 Q1	$210K	Buy	+460	New	+$210K	﹤0.01%	3914