Talkot Capital’s VanEck Gold Miners ETF GDX Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q3	$1.32M	Hold	50,000	–	–	1.79%	11
2016 Q2	$1.39M	Sell	50,000 -75,000	-60%	-$2.08M	2.4%	8
2016 Q1	$2.5M	Buy	125,000 +25,000	+25%	+$499K	3.55%	9
2015 Q4	$1.37M	Buy	+100,000	New	+$1.37M	0.88%	21