Masters Capital Management’s Invesco QQQ Trust QQQ Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2024 Q3	–	Sell	-500,000	Closed	-$240M	–	79
2024 Q2	$240M	Buy	+500,000	New	+$225M	13.48%	1
2020 Q4	–	Sell	-500,000	Closed	-$139M	–	71
2020 Q3	$139M	Buy	+500,000	New	+$136M	9.24%	2
2019 Q4	–	Sell	-500,000	Closed	-$94.4M	–	64
2019 Q3	$94.4M	Buy	+500,000	New	+$94.8M	5.61%	2
2019 Q2	–	Sell	-1,000,000	Closed	-$180M	–	77
2019 Q1	$180M	Buy	+1,000,000	New	+$170M	9.6%	1
2018 Q4	–	Sell	-1,000,000	Closed	-$186M	–	81
2018 Q3	$186M	Hold	1,000,000	–	–	4.59%	6
2018 Q2	$172M	Buy	+1,000,000	New	+$168M	4.83%	5
2018 Q1	–	Sell	-2,000,000	Closed	-$312M	–	81
2017 Q4	$312M	Buy	2,000,000 +1,000,000	+100%	+$153M	7.45%	1
2017 Q3	$145M	Sell	1,000,000 -1,000,000	-50%	-$143M	3.39%	9
2017 Q2	$275M	Sell	2,000,000 -1,000,000	-33%	-$138M	6.81%	1
2017 Q1	$397M	Buy	3,000,000 +2,000,000	+200%	+$255M	9.82%	1
2016 Q4	$118M	Buy	+1,000,000	New	+$118M	2.6%	13
2016 Q2	–	Sell	-4,000,000	Closed	-$437M	–	73
2016 Q1	$437M	Buy	+4,000,000	New	+$415M	9.12%	2