Indus Capital Partners’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
2020 Q1	–	Sell	-22,500	Closed	-$7.24M	–	48
2019 Q4	$7.24M	Buy	+22,500	New	+$6.93M	1.42%	24
2018 Q3	–	Sell	-680,000	Closed	-$184M	–	51
2018 Q2	$184M	Buy	680,000 +396,000	+139%	+$107M	18.58%	1
2018 Q1	$74.7M	Sell	284,000 -125,000	-31%	-$34.1M	8.48%	4
2017 Q4	$109M	Sell	409,000 -145,000	-26%	-$37.7M	10.67%	2
2017 Q3	$139M	Sell	554,000 -288,800	-34%	-$71.2M	14.08%	1
2017 Q2	$204M	Buy	842,800 +294,800	+54%	+$70.6M	22.35%	1
2017 Q1	$130M	Buy	548,000 +448,000	+448%	+$104M	17.17%	1
2016 Q4	$22.4M	Sell	100,000 -360,000	-78%	-$78.6M	2.9%	7
2016 Q3	$99.5M	Buy	460,000 +165,000	+56%	+$35.7M	9.41%	4
2016 Q2	$61.8M	Buy	295,000 +60,000	+26%	+$12.4M	5.98%	4
2016 Q1	$48.3M	Buy	235,000 +90,000	+62%	+$17.6M	4.71%	6
2015 Q4	$29.6M	Sell	145,000 -12,000	-8%	-$2.46M	4.14%	6
2015 Q3	$30.1M	Sell	157,000 -359,000	-70%	-$72.8M	4.02%	5
2015 Q2	$106M	Buy	516,000 +450,000	+682%	+$94.6M	11.23%	2
2015 Q1	$13.6M	Buy	+66,000	New	+$13.6M	2.68%	12
2014 Q4	–	Sell	-50,000	Closed	-$9.85M	–	44
2014 Q3	$9.85M	Sell	50,000 -50,000	-50%	-$9.88M	0.97%	22
2014 Q2	$19.6M	Sell	100,000 -1,260,000	-93%	-$240M	2.87%	8
2014 Q1	$254M	Buy	1,360,000 +1,260,000	+1,260%	+$231M	21%	1
2013 Q4	$18.5M	Buy	+100,000	New	+$17.7M	1.74%	14