TOMS Capital Investment Management’s State Street SPDR S&P 500 ETF Trust SPY Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$976M	Sell	1,500,000 -1,500,000	-50%	-$1.02B	25.58%	1
2025 Q4	$2.05B	Buy	3,000,000 +400,000	+15%	+$270M	42.95%	1
2025 Q3	$1.73B	Buy	2,600,000 +1,100,000	+73%	+$705M	40.17%	1
2025 Q2	$927M	Sell	1,500,000 -800,000	-35%	-$457M	30.07%	1
2025 Q1	$1.29B	Buy	2,300,000 +900,000	+64%	+$529M	39.11%	1
2024 Q4	$821M	Buy	1,400,000 +200,000	+17%	+$118M	29.88%	1
2024 Q3	$689M	Buy	1,200,000 +579,600	+93%	+$320M	25.62%	1
2024 Q2	$338M	Sell	620,400 -704,600	-53%	-$369M	12.67%	2
2024 Q1	$693M	Sell	1,325,000 -425,000	-24%	-$212M	29%	1
2023 Q4	$832M	Buy	1,750,000 +1,150,000	+192%	+$512M	34.38%	1
2023 Q3	$256M	Sell	600,000 -250,000	-29%	-$111M	11.22%	2
2023 Q2	$377M	Sell	850,000 -200,000	-19%	-$83.9M	15.73%	2
2023 Q1	$430M	Buy	1,050,000 +650,000	+163%	+$259M	26.32%	1
2022 Q4	$153M	Buy	+400,000	New	+$154M	18.13%	1
2022 Q2	–	Sell	-700,000	Closed	-$316M	–	15
2022 Q1	$316M	Sell	700,000 -454,200	-39%	-$202M	20.49%	1
2021 Q4	$548M	Buy	1,154,200 +4,200	+0.4%	+$1.93M	32.39%	1
2021 Q3	$494M	Buy	1,150,000 +150,000	+15%	+$66.2M	28.36%	1
2021 Q2	$428M	Sell	1,000,000 -450,000	-31%	-$188M	33.68%	1
2021 Q1	$575M	Buy	1,450,000 +400,000	+38%	+$154M	41.14%	1
2020 Q4	$393M	Buy	1,050,000 +300,000	+40%	+$106M	30.94%	1
2020 Q3	$251M	Buy	+750,000	New	+$249M	37.53%	1
2020 Q1	–	Sell	-800,000	Closed	-$257M	–	17
2019 Q4	$257M	Buy	800,000 +100,000	+14%	+$30.8M	31.54%	1
2019 Q3	$208M	Buy	700,000 +200,000	+40%	+$59.1M	32.88%	1
2019 Q2	$147M	Sell	500,000 -250,000	-33%	-$72M	37.35%	1
2019 Q1	$212M	Buy	750,000 +675,000	+900%	+$183M	48.23%	1
2018 Q4	$18.7M	Buy	+75,000	New	+$20.2M	21.48%	2