Serengeti Asset Management’s iShares iBoxx $ High Yield Corporate Bond ETF HYG Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q3	–	Sell	-750,000	Closed	-$61.2M	–	16
2020 Q2	$61.2M	Buy	+750,000	New	+$60.4M	21.53%	3
2020 Q1	–	Sell	-250,000	Closed	-$22M	–	18
2019 Q4	$22M	Hold	250,000	–	–	5.33%	6
2019 Q3	$21.8M	Sell	250,000 -150,000	-38%	-$13M	10.59%	4
2019 Q2	$34.9M	Sell	400,000 -100,000	-20%	-$8.63M	9.25%	3
2019 Q1	$43.2M	Sell	500,000 -350,000	-41%	-$29.7M	12.21%	3
2018 Q4	$68.9M	Hold	850,000	–	–	21.67%	1
2018 Q3	$73.5M	Buy	850,000 +350,000	+70%	+$30.1M	11.73%	2
2018 Q2	$42.5M	Sell	500,000 -400,000	-44%	-$34.3M	8.53%	3
2018 Q1	$77.1M	Buy	900,000 +300,000	+50%	+$25.9M	14.72%	1
2017 Q4	$52.4M	Sell	600,000 -100,000	-14%	-$8.78M	10.24%	3
2017 Q3	$62.1M	Sell	700,000 -50,000	-7%	-$4.41M	10.64%	3
2017 Q2	$66.3M	Sell	750,000 -120,000	-14%	-$10.6M	9.63%	4
2017 Q1	$76.4M	Buy	870,000 +120,000	+16%	+$10.5M	14.85%	2
2016 Q4	$64.9M	Buy	750,000 +100,000	+15%	+$8.61M	13.86%	1
2016 Q3	$56.7M	Buy	650,000 +500,000	+333%	+$43M	14.39%	2
2016 Q2	$12.7M	Buy	+150,000	New	+$12.5M	2.74%	11
2015 Q3	–	Sell	-300,000	Closed	-$26.6M	–	45
2015 Q2	$26.6M	Hold	300,000	–	–	2.41%	16
2015 Q1	$27.2K	Buy	+300,000	New	+$27.1M	1.62%	16