Thiel Macro’s State Street SPDR S&P 500 ETF Trust SPY Stock Holding History

Thiel Macro’s Portfolio SPY Stock Details SPY Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q4	–	Sell	-2,100,000	Closed	-$623M	–	6
2019 Q3	$623M	Buy	2,100,000 +1,559,000	+288%	+$461M	65.4%	1
2019 Q2	$159M	Buy	541,000 +266,000	+97%	+$76.6M	42.91%	1
2019 Q1	$77.7M	Sell	275,000 -625,000	-69%	-$170M	27.85%	1
2018 Q4	$225M	Buy	900,000 +400,000	+80%	+$108M	34.41%	2
2018 Q3	$145M	Buy	500,000 +400,000	+400%	+$114M	28.46%	2
2018 Q2	$27.1M	Buy	+100,000	New	+$27M	3.15%	5
2017 Q4	–	Sell	-200,000	Closed	-$50.2M	–	16
2017 Q3	$50.2M	Hold	200,000	–	–	6.24%	5
2017 Q2	$48.4M	Buy	+200,000	New	+$47.9M	13.85%	3
2017 Q1	–	Sell	-1,300	Closed	-$291K	–	9
2016 Q4	$291K	Buy	+1,300	New	+$284K	0.32%	5
2015 Q3	–	Sell	-200,000	Closed	-$41.2M	–	11
2015 Q2	$41.2M	Buy	200,000 +50,000	+33%	+$10.5M	6.35%	3
2015 Q1	$31M	Sell	150,000 -50,000	-25%	-$10.3M	6.32%	3
2014 Q4	$41.1M	Buy	+200,000	New	+$40.2M	6.89%	3

Other funds holding SPY

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

TD Asset Management Toronto, Ontario, Canada $123B AUM 34.51% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Millennium Management New York $240B AUM 35.51% 1-Year Est. Return

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

Thiel Macro's SPY Position: Q3 2015 in Review

Thiel Macro sold out of State Street SPDR S&P 500 ETF Trust (SPY) in Q3 2015, closing a stake of 59,050 shares — an estimated $12.2M sold.

Thiel Macro first reported a position in SPY in Q4 2014 and held it in 2 quarters. The position peaked at $66.2M in Q4 2014. 1,396 funds tracked by Wall St. Rank hold SPY as of Q3 2015.

Thiel Macro reported no remaining State Street SPDR S&P 500 ETF Trust position as of Q3 2015 after selling out during the quarter.
Thiel Macro sold 59,050 State Street SPDR S&P 500 ETF Trust shares in Q3 2015, an estimated $12.2M.
Thiel Macro first reported a position in State Street SPDR S&P 500 ETF Trust in Q4 2014 and held it in 2 quarters.
Thiel Macro's State Street SPDR S&P 500 ETF Trust position peaked at $66.2M in Q4 2014.
1,396 funds tracked by Wall St. Rank held State Street SPDR S&P 500 ETF Trust as of Q3 2015.

Based on Thiel Macro's 13F filing for Q3 2015, filed 13 Nov 2015.