Marcuard Family Office’s Materials Select Sector SPDR Fund XLB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-12,500	Closed	-$525K	–	32
2013 Q3	$525K	Buy	+12,500	New	+$525K	1%	28