Kingdon Capital Management’s State Street Financial Select Sector SPDR ETF XLF Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$9.87M	Buy	+200,000	New	+$10.4M	1.08%	37
2025 Q1	–	Sell	-250,000	Closed	-$12.1M	–	99
2024 Q4	$12.1M	Sell	250,000 -500,000	-67%	-$24.2M	1.72%	27
2024 Q3	$34M	Sell	750,000 -50,000	-6%	-$2.18M	3.77%	2
2024 Q2	$32.9M	Buy	800,000 +50,000	+7%	+$2.06M	3.53%	3
2024 Q1	$31.6M	Buy	+750,000	New	+$29.6M	3.45%	1
2023 Q4	–	Sell	-900,000	Closed	-$29.9M	–	96
2023 Q3	$29.9M	Buy	900,000 +400,000	+80%	+$13.8M	3.44%	4
2023 Q2	$16.9M	Buy	+500,000	New	+$16.3M	1.59%	17
2023 Q1	–	Sell	-800,000	Closed	-$27.4M	–	72
2022 Q4	$27.4M	Sell	800,000 -60,000	-7%	-$2.03M	5.45%	1
2022 Q3	$26.1M	Buy	860,000 +560,000	+187%	+$18.5M	3.34%	4
2022 Q2	$9.44M	Buy	+300,000	New	+$10.4M	1.6%	18