Water Island Capital’s Financial Select Sector SPDR Fund XLF Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-12,000	Closed	-$232K	–	126
2016 Q3	$232K	Buy	12,000 +2,887	+32%	+$55.8K	0.01%	94
2016 Q2	$183K	Buy	+9,113	New	+$183K	0.01%	90