Pension Partners’s iShares 7-10 Year Treasury Bond ETF IEF Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q2	–	Sell	-381,332	Closed	-$39.3M	–	17
2018 Q1	$39.3M	Buy	+381,332	New	+$39.3M	26.23%	2
2017 Q2	–	Sell	-213,122	Closed	-$22.5M	–	12
2017 Q1	$22.5M	Buy	+213,122	New	+$22.4M	25.34%	2
2016 Q4	–	Sell	-108,848	Closed	-$12.2M	–	15
2016 Q3	$12.2M	Sell	108,848 -81,559	-43%	-$9.14M	12.91%	4
2016 Q2	$21.5M	Sell	190,407 -24,558	-11%	-$2.72M	25.3%	2
2016 Q1	$23.7M	Sell	214,965 -74,060	-26%	-$8.08M	27.28%	2
2015 Q4	$30.5M	Buy	+289,025	New	+$30.8M	28.02%	2
2015 Q2	–	Sell	-188,762	Closed	-$20.5M	–	16
2015 Q1	$20.5M	Buy	188,762 +9,759	+5%	+$1.05M	27.28%	2
2014 Q4	$19M	Buy	+179,003	New	+$18.9M	27.85%	2
2014 Q3	–	Sell	-321,436	Closed	-$33.3M	–	16
2014 Q2	$33.3M	Buy	321,436 +114,425	+55%	+$11.7M	29.25%	2
2014 Q1	$21.1M	Buy	+207,011	New	+$21M	19.83%	2