Lion Point Capital’s State Street SPDR S&P Oil & Gas Exploration & Production ETF XOP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q1	–	Sell	-541,000	Closed	-$73.5M	–	37
2022 Q4	$73.5M	Buy	541,000 +166,000	+44%	+$24.1M	10.46%	2
2022 Q3	$46.8M	Buy	375,000 +250,000	+200%	+$33M	10.31%	2
2022 Q2	$14.9M	Sell	125,000 -500,000	-80%	-$70.2M	1.7%	11
2022 Q1	$84.1M	Buy	625,000 +500,000	+400%	+$57.6M	19.51%	1
2021 Q4	$12M	Buy	+125,000	New	+$12.8M	3.21%	13
2020 Q4	–	Sell	-237,500	Closed	-$9.99M	–	28
2020 Q3	$9.99M	Hold	237,500	–	–	2.19%	14
2020 Q2	$12.4M	Sell	237,500 -78,750	-25%	-$3.98M	3.01%	14
2020 Q1	$10.4M	Sell	316,250 -356,375	-53%	-$23.6M	2.75%	12
2019 Q4	$63.8M	Sell	672,625 -340,875	-34%	-$29.5M	5.92%	6
2019 Q3	$90.6M	Sell	1,013,500 -259,625	-20%	-$24.4M	10.11%	2
2019 Q2	$139M	Buy	1,273,125 +835,625	+191%	+$96.5M	13.66%	2
2019 Q1	$53.8M	Buy	437,500 +434,750	+15,809%	+$52.3M	4.86%	6
2018 Q4	$29.2M	Sell	2,750 -814,000	-100%	-$114M	4.59%	7
2018 Q3	$141M	Hold	816,750	–	–	13.28%	2
2018 Q2	$141M	Hold	816,750	–	–	12.66%	2
2018 Q1	$115M	Buy	816,750 +175,000	+27%	+$25.1M	10.57%	2
2017 Q4	$95.4M	Buy	641,750 +23,625	+4%	+$3.29M	8.27%	3
2017 Q3	$84.3M	Buy	618,125 +240,000	+63%	+$30.1M	8.55%	3
2017 Q2	$48.3M	Sell	378,125 -68,750	-15%	-$9.4M	6.7%	4
2017 Q1	$66.9M	Buy	+446,875	New	+$69.6M	9.78%	4