Jana 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
2019 Q1	–	Sell	-500,000	Closed	-$125M	–	33
2018 Q4	$125M	Hold	500,000	–	–	6.74%	5
2018 Q3	$145M	Buy	+500,000	New	+$142M	4.9%	7
2017 Q4	–	Sell	-1,000,000	Closed	-$251M	–	45
2017 Q3	$251M	Hold	1,000,000	–	–	5.55%	6
2017 Q2	$242M	Buy	1,000,000 +850,000	+567%	+$204M	4.33%	8
2017 Q1	$35.4M	Sell	150,000 -850,000	-85%	-$198M	0.74%	30
2016 Q4	$224M	Buy	+1,000,000	New	+$218M	5.29%	9
2016 Q1	–	Sell	-500,000	Closed	-$102M	–	44
2015 Q4	$102M	Buy	500,000 +250,000	+100%	+$51.3M	1.48%	19
2015 Q3	$47.9M	Buy	+250,000	New	+$50.7M	0.55%	20
2015 Q2	–	Sell	-1,100,000	Closed	-$227M	–	60
2015 Q1	$227M	Buy	+1,100,000	New	+$227M	1.98%	22