TM

Thiel Macro Portfolio holdings

AUM $212M
This Quarter Return
+0.54%
1 Year Return
–
3 Year Return
–
5 Year Return
–
10 Year Return
–
AUM
$99.2M
AUM Growth
+$99.2M
Cap. Flow
+$81M
Cap. Flow %
81.68%
Top 10 Hldgs %
100%
Holding
17
New
2
Increased
–
Reduced
–
Closed
2

Top Buys

1
GDX icon
VanEck Gold Miners ETF
GDX
$89.5M
2
EEM icon
iShares MSCI Emerging Markets ETF
EEM
$2.75M

Top Sells

1
KRE icon
SPDR S&P Regional Banking ETF
KRE
$11M
2
GREK icon
Global X MSCI Greece ETF
GREK
$303K

Sector Composition

Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
GDX icon
1
VanEck Gold Miners ETF
GDX
$19B
$89.5M 11.11%
+3,900,000
New +$89.5M
OIH icon
2
VanEck Oil Services ETF
OIH
$886M
$3.26M 0.4%
125,000
– –
EEM icon
3
iShares MSCI Emerging Markets ETF
EEM
$19B
$2.75M 0.34%
+61,400
New +$2.75M
XOP icon
4
SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$1.9B
$1.84M 0.23%
54,000
– –
ITA icon
5
iShares US Aerospace & Defense ETF
ITA
$9.32B
$1.78M 0.22%
10,000
– –
EWZ icon
6
iShares MSCI Brazil ETF
EWZ
$5.45B
– –
0
– –
FXI icon
7
iShares China Large-Cap ETF
FXI
$6.65B
– –
0
– –
GREK icon
8
Global X MSCI Greece ETF
GREK
$302M
– –
-30,000
Closed -$303K
HYG icon
9
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
– –
0
– –
IWM icon
10
iShares Russell 2000 ETF
IWM
$67B
– –
0
– –
KRE icon
11
SPDR S&P Regional Banking ETF
KRE
$3.99B
– –
-200,000
Closed -$11M
QQQ icon
12
Invesco QQQ Trust
QQQ
$364B
– –
0
– –
SPY icon
13
SPDR S&P 500 ETF Trust
SPY
$658B
– –
0
– –
SVXY icon
14
ProShares Short VIX Short-Term Futures ETF
SVXY
$247M
– –
0
– –
UVXY icon
15
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$690M
– –
0
– –
XLF icon
16
Financial Select Sector SPDR Fund
XLF
$54.1B
– –
0
– –
VXX
17
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
– –
0
– –