Kepos Capital’s State Street Utilities Select Sector SPDR ETF XLU Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q4	–	Sell	-117,600	Closed	-$3.49M	–	366
2020 Q3	$3.49M	Buy	117,600 +15,400	+15%	+$457K	0.37%	101
2020 Q2	$2.88M	Sell	102,200 -74,600	-42%	-$2.15M	0.37%	81
2020 Q1	$4.9M	Sell	176,800 -1,017,800	-85%	-$32.6M	1.02%	35
2019 Q4	$38.6M	Buy	1,194,600 +191,200	+19%	+$6.07M	3.64%	6
2019 Q3	$32.5M	Buy	1,003,400 +865,600	+628%	+$26.7M	3.2%	9
2019 Q2	$4.11M	Buy	+137,800	New	+$4.05M	0.42%	38
2018 Q4	–	Sell	-1,194,800	Closed	-$31.5M	–	413
2018 Q3	$31.5M	Sell	1,194,800 -901,000	-43%	-$23.9M	1.61%	15
2018 Q2	$54.4M	Buy	2,095,800 +926,400	+79%	+$23.3M	2.78%	9
2018 Q1	$29.5M	Sell	1,169,400 -334,600	-22%	-$8.35M	1.73%	14
2017 Q4	$39.6M	Buy	1,504,000 +257,800	+21%	+$7.07M	3.57%	6
2017 Q3	$33.1M	Buy	1,246,200 +180,400	+17%	+$4.84M	5.53%	5
2017 Q2	$27.7M	Sell	1,065,800 -18,200	-2%	-$478K	6.66%	5
2017 Q1	$27.8M	Buy	1,084,000 +368,500	+52%	+$9.2M	10.3%	4
2016 Q4	$17.4M	Buy	715,500 +294,600	+70%	+$7.03M	9.09%	6
2016 Q3	$10.3M	Buy	420,900 +122,400	+41%	+$3.11M	7.29%	5
2016 Q2	$7.83M	Buy	298,500 +55,400	+23%	+$1.37M	9.63%	4
2016 Q1	$6.03M	Sell	243,100 -10,800	-4%	-$249K	5.44%	6
2015 Q4	$5.49M	Sell	253,900 -36,514	-13%	-$791K	10.21%	5
2015 Q3	$6.29M	Sell	290,414 -123,344	-30%	-$2.66M	7.71%	6
2015 Q2	$8.58M	Sell	413,758 -190,596	-32%	-$4.17M	32.73%	2
2015 Q1	$13.4M	Sell	604,354 -20,972	-3%	-$484K	10.73%	2
2014 Q4	$14.8M	Sell	625,326 -89,744	-13%	-$2.03M	25.47%	3
2014 Q3	$15M	Buy	715,070 +104,784	+17%	+$2.22M	16.16%	4
2014 Q2	$13.5M	Buy	+610,286	New	+$13M	8.61%	4