Kovitz Investment Group’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
2015 Q4	$3.88M	Sell	18,261 -2,947	-14%	-$605K	0.24%	44
2015 Q3	$20.2M	Sell	21,208 -5,351	-20%	-$1.09M	1.18%	34
2015 Q2	$15.8M	Sell	26,559 -7,883	-23%	-$1.66M	0.88%	38
2015 Q1	$27.6M	Sell	34,442 -27,800	-45%	-$5.74M	1.52%	30
2014 Q4	$1.7M	Sell	62,242 -1,271	-2%	-$256K	0.08%	63
2014 Q3	$14.7M	Sell	63,513 -2,346	-4%	-$464K	0.75%	34
2014 Q2	$13.8M	Sell	65,859 -21,087	-24%	-$4.01M	0.72%	34
2014 Q1	$37.9M	Sell	86,946 -5,742	-6%	-$1.05M	1.95%	22
2013 Q4	$423K	Buy	92,688 +110	+0.1%	+$19.5K	0.02%	94
2013 Q3	$15.8M	Buy	92,578 +5,196	+6%	+$871K	0.77%	37
2013 Q2	$41.1M	Buy	+87,382	New	+$14.1M	2.11%	22