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

Ivory Investment Management’s Portfolio SPY Stock Details SPY Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-481,400	Closed	-$104M	–	81
2016 Q3	$104M	Sell	481,400 -2,875,000	-86%	-$621M	2.98%	9
2016 Q2	$703M	Buy	+3,356,400	New	+$696M	19.45%	1
2015 Q2	–	Sell	-2,804,700	Closed	-$579M	–	106
2015 Q1	$579M	Buy	2,804,700 +1,107,600	+65%	+$229M	13.67%	1
2014 Q4	$349M	Sell	1,697,100 -1,139,800	-40%	-$229M	11.2%	1
2014 Q3	$559M	Sell	2,836,900 -4,142,000	-59%	-$819M	18.4%	1
2014 Q2	$1.37B	Buy	+6,978,900	New	+$1.33B	38.87%	1
2013 Q4	–	Sell	-2,639,500	Closed	-$443M	–	213
2013 Q3	$443M	Sell	2,639,500 -1,161,700	-31%	-$195M	20.99%	1
2013 Q2	$610M	Buy	+3,801,200	New	+$612M	25.07%	1

Other funds holding SPY

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $432B AUM 30.22% 1-Year Est. Return

TD Asset Management Toronto, Ontario, Canada $123B AUM 34.51% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Nomura Holdings Tokyo, Japan $37.7B AUM 34.44% 1-Year Est. Return

Ivory Investment Management's SPY Position: Q3 2018 in Review

Ivory Investment Management sold out of State Street SPDR S&P 500 ETF Trust (SPY) in Q3 2018, closing a stake of 166,466 shares — an estimated $45.2M sold.

Ivory Investment Management first reported a position in SPY in Q2 2014 and held it in 15 quarters. The position peaked at $45.2M in Q2 2018. 1,920 funds tracked by Wall St. Rank hold SPY as of Q3 2018.

Ivory Investment Management reported no remaining State Street SPDR S&P 500 ETF Trust position as of Q3 2018 after selling out during the quarter.
Ivory Investment Management sold 166,466 State Street SPDR S&P 500 ETF Trust shares in Q3 2018, an estimated $45.2M.
Ivory Investment Management first reported a position in State Street SPDR S&P 500 ETF Trust in Q2 2014 and held it in 15 quarters.
Ivory Investment Management's State Street SPDR S&P 500 ETF Trust position peaked at $45.2M in Q2 2018.
1,920 funds tracked by Wall St. Rank held State Street SPDR S&P 500 ETF Trust as of Q3 2018.

Based on Ivory Investment Management's 13F filing for Q3 2018.