SPO Advisory’s Charles Schwab SCHW Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2019 Q1	–	Sell	-4,150,224	Closed	-$172M	–	10
2018 Q4	$172M	Sell	4,150,224 -1,693,200	-29%	-$70.3M	8.16%	7
2018 Q3	$287M	Sell	5,843,424 -196,400	-3%	-$9.65M	7.02%	8
2018 Q2	$309M	Sell	6,039,824 -2,045,300	-25%	-$105M	6.49%	8
2018 Q1	$422M	Sell	8,085,124 -2,193,200	-21%	-$115M	8.69%	4
2017 Q4	$528M	Sell	10,278,324 -3,952,900	-28%	-$203M	10.95%	3
2017 Q3	$622M	Sell	14,231,224 -422,100	-3%	-$18.5M	12.39%	2
2017 Q2	$630M	Sell	14,653,324 -1,961,600	-12%	-$84.3M	12.37%	2
2017 Q1	$678M	Buy	16,614,924 +2,893,600	+21%	+$118M	12.24%	2
2016 Q4	$542M	Sell	13,721,324 -5,007,800	-27%	-$198M	11.14%	4
2016 Q3	$591M	Hold	18,729,124	–	–	10.37%	4
2016 Q2	$474M	Buy	18,729,124 +3,417,400	+22%	+$86.5M	9.49%	4
2016 Q1	$429M	Buy	15,311,724 +750,112	+5%	+$21M	7.86%	6
2015 Q4	$480M	Sell	14,561,612 -5,721,635	-28%	-$188M	8.39%	5
2015 Q3	$579M	Sell	20,283,247 -5,895,640	-23%	-$168M	9.8%	5
2015 Q2	$855M	Sell	26,178,887 -4,260,700	-14%	-$139M	12.79%	4
2015 Q1	$927M	Sell	30,439,587 -2,766,500	-8%	-$84.2M	12.74%	5
2014 Q4	$1B	Sell	33,206,087 -9,450,400	-22%	-$285M	13.36%	5
2014 Q3	$1.25B	Hold	42,656,487	–	–	16.28%	2
2014 Q2	$1.15B	Hold	42,656,487	–	–	15.18%	4
2014 Q1	$1.17B	Sell	42,656,487 -3,693,000	-8%	-$101M	17.49%	1
2013 Q4	$1.21B	Hold	46,349,487	–	–	16.77%	1
2013 Q3	$980M	Sell	46,349,487 -1,774,400	-4%	-$37.5M	14.34%	2
2013 Q2	$1.02B	Buy	+48,123,887	New	+$1.02B	13.75%	2