Greywolf Capital Management’s State Street SPDR S&P 500 ETF Trust SPY Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q4	–	Sell	-300,000	Closed	-$89M	–	5
2019 Q3	$89M	Hold	300,000	–	–	48.83%	1
2019 Q2	$87.9M	Hold	300,000	–	–	50.08%	1
2019 Q1	$84.7M	Buy	300,000 +188,000	+168%	+$51.1M	47.64%	1
2018 Q4	$28M	Sell	112,000 -300,000	-73%	-$80.9M	20.06%	2
2018 Q3	$120M	Hold	412,000	–	–	47.15%	1
2018 Q2	$112M	Buy	412,000 +112,000	+37%	+$30.2M	61.1%	1
2018 Q1	$78.9M	Hold	300,000	–	–	51.38%	1
2017 Q4	$80.1M	Sell	300,000 -750,000	-71%	-$195M	49.85%	1
2017 Q3	$264M	Hold	1,050,000	–	–	79.49%	1
2017 Q2	$254M	Sell	1,050,000 -700,000	-40%	-$168M	79.59%	1
2017 Q1	$413M	Buy	1,750,000 +350,000	+25%	+$81.3M	86.88%	1
2016 Q4	$313M	Sell	1,400,000 -127,500	-8%	-$27.9M	78.25%	1
2016 Q3	$330M	Hold	1,527,500	–	–	68.99%	1
2016 Q2	$320M	Sell	1,527,500 -150,000	-9%	-$31.1M	69.49%	1
2016 Q1	$345M	Buy	1,677,500 +192,500	+13%	+$37.6M	59.48%	1
2015 Q4	$303M	Hold	1,485,000	–	–	52.5%	1
2015 Q3	$285M	Buy	1,485,000 +90,000	+6%	+$18.3M	46.66%	1
2015 Q2	$287M	Buy	1,395,000 +300,000	+27%	+$63.1M	43.39%	1
2015 Q1	$22.6M	Sell	1,095,000 -135,000	-11%	-$27.9M	6.07%	8
2014 Q4	$253M	Sell	1,230,000 -1,777,300	-59%	-$357M	44.78%	1
2014 Q3	$592M	Buy	3,007,300 +1,358,500	+82%	+$269M	65.93%	1
2014 Q2	$323M	Buy	1,648,800 +423,700	+35%	+$80.6M	47.76%	1
2014 Q1	$229M	Buy	1,225,100 +264,500	+28%	+$48.5M	46.07%	1
2013 Q4	$177M	Buy	+960,600	New	+$170M	38.64%	1
2013 Q3	–	Sell	-130,000	Closed	-$20.9M	–	11
2013 Q2	$20.9M	Buy	+130,000	New	+$20.9M	8.29%	8