Rubric Capital Management (New York)’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
2025 Q4	–	Sell	-1,400,000	Closed	-$933M	–	85
2025 Q3	$933M	Buy	+1,400,000	New	+$897M	10.52%	2
2025 Q1	–	Sell	-2,000,000	Closed	-$1.17B	–	77
2024 Q4	$1.17B	Buy	+2,000,000	New	+$1.18B	15.04%	2
2024 Q1	–	Sell	-4,500,000	Closed	-$2.14B	–	70
2023 Q4	$2.14B	Buy	+4,500,000	New	+$2B	44.38%	1
2022 Q2	–	Sell	-1,000,000	Closed	-$452M	–	96
2022 Q1	$452M	Buy	+1,000,000	New	+$445M	16.33%	1
2021 Q4	–	Sell	-2,500,000	Closed	-$1.07B	–	82
2021 Q3	$1.07B	Buy	+2,500,000	New	+$1.1B	30%	1
2017 Q4	–	Sell	-750,000	Closed	-$188M	–	61
2017 Q3	$188M	Buy	750,000 +500,000	+200%	+$123M	17.06%	1
2017 Q2	$60.5M	Buy	+250,000	New	+$59.9M	12.46%	1
2017 Q1	–	Sell	-225,000	Closed	-$50.3M	–	46
2016 Q4	$50.3M	Buy	+225,000	New	+$49.2M	17.28%	1