Timber Hill’s State Street SPDR S&P Biotech ETF XBI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-3,798	Closed	-$329K	–	894
2017 Q3	$329K	Buy	+3,798	New	+$304K	0.06%	410
2017 Q2	–	Sell	-51,885	Closed	-$3.6M	–	2220
2017 Q1	$3.6M	Buy	51,885 +20,686	+66%	+$1.39M	0.41%	473
2016 Q4	$1.85M	Buy	+31,199	New	+$1.93M	0.19%	957
2016 Q3	–	Sell	-109,434	Closed	-$5.92M	–	2650
2016 Q2	$5.92M	Buy	109,434 +75,513	+223%	+$4.14M	0.49%	475
2016 Q1	$1.75M	Sell	33,921 -64,257	-65%	-$3.34M	0.14%	999
2015 Q4	$6.89M	Sell	98,178 -9,145	-9%	-$624K	0.72%	432
2015 Q3	$6.68M	Sell	107,323 -106,514	-50%	-$8.39M	0.7%	453
2015 Q2	$18M	Buy	213,837 +203,889	+2,050%	+$15.9M	1.37%	213
2015 Q1	$748K	Sell	9,948 -18,183	-65%	-$1.27M	0.07%	1587
2014 Q4	$1.75M	Sell	28,131 -33,516	-54%	-$1.91M	0.11%	1101
2014 Q3	$3.21M	Sell	61,647 -96,087	-61%	-$4.9M	0.3%	847
2014 Q2	$8.1M	Buy	+157,734	New	+$7.11M	0.81%	408