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
2017 Q3	–	Sell	-3,770,000	Closed	-$912M	–	52
2017 Q2	$912M	Buy	3,770,000 +2,320,000	+160%	+$556M	16.33%	2
2017 Q1	$342M	Sell	1,450,000 -1,050,000	-42%	-$244M	7.17%	4
2016 Q4	$559M	Sell	2,500,000 -475,000	-16%	-$104M	13.23%	3
2016 Q3	$643M	Buy	2,975,000 +2,625,000	+750%	+$567M	13.53%	2
2016 Q2	$73.3M	Buy	+350,000	New	+$72.6M	1.36%	27
2015 Q3	–	Sell	-14,100,000	Closed	-$2.9B	–	46
2015 Q2	$2.9B	Buy	14,100,000 +2,950,000	+26%	+$620M	23.5%	1
2015 Q1	$2.3B	Buy	+11,150,000	New	+$2.3B	20.06%	1
2014 Q4	–	Sell	-29,700,000	Closed	-$5.85B	–	48
2014 Q3	$5.85B	Buy	29,700,000 +17,900,000	+152%	+$3.54B	49.86%	1
2014 Q2	$2.31B	Buy	11,800,000 +11,300,000	+2,260%	+$2.15B	21.85%	1
2014 Q1	$93.5M	Buy	+500,000	New	+$91.8M	1.14%	26
2013 Q4	–	Sell	-13,040,700	Closed	-$2.19B	–	60
2013 Q3	$2.19B	Buy	13,040,700 +5,833,100	+81%	+$978M	38.39%	1
2013 Q2	$1.16B	Buy	+7,207,600	New	+$1.16B	21.67%	1