Kepos Capital’s Graf Industrial Corp. Units, each consisting of One share of Common Stock and One redeemable Warrant GRAF.U Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2020 Q1	–	Sell	-30,000	Closed	-$320K	–	370
2019 Q4	$320K	Hold	30,000	–	–	0.03%	276
2019 Q3	$309K	Hold	30,000	–	–	0.03%	243
2019 Q2	$307K	Hold	30,000	–	–	0.03%	262
2019 Q1	$303K	Sell	30,000 -10,000	-25%	-$101K	0.02%	300
2018 Q4	$400K	Buy	+40,000	New	+$400K	0.03%	295