Yaupon Capital 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 Q2	$1.44B	Buy	1,930,000 +1,120,000	+138%	+$812M	28.38%	1
2026 Q1	$527M	Buy	810,000 +620,000	+326%	+$422M	16.44%	1
2025 Q4	$130M	Sell	190,000 -60,000	-24%	-$40.6M	4.68%	2
2025 Q3	$167M	Buy	+250,000	New	+$160M	6.37%	1
2025 Q1	–	Sell	-127,500	Closed	-$74.7M	–	133
2024 Q4	$74.7M	Buy	+127,500	New	+$75.1M	3.09%	3
2024 Q3	–	Sell	-525,000	Closed	-$286M	–	122
2024 Q2	$286M	Sell	525,000 -175,000	-25%	-$91.6M	14.46%	1
2024 Q1	$366M	Buy	700,000 +500,000	+250%	+$249M	18.42%	1
2023 Q4	$95.1M	Buy	+200,000	New	+$89.1M	7.87%	1
2023 Q2	–	Sell	-70,000	Closed	-$28.7M	–	120
2023 Q1	$28.7M	Sell	70,000 -80,000	-53%	-$31.9M	3.46%	6
2022 Q4	$57.4M	Sell	150,000 -50,000	-25%	-$19.2M	9.03%	1
2022 Q3	$71.4M	Buy	+200,000	New	+$79.4M	15.33%	1
2021 Q4	–	Sell	-30,000	Closed	-$12.9M	–	83
2021 Q3	$12.9M	Buy	+30,000	New	+$13.2M	7.59%	2
2021 Q1	–	Sell	-144,500	Closed	-$54M	–	74
2020 Q4	$54M	Buy	+144,500	New	+$51.3M	29.1%	1
2019 Q3	–	Sell	-250,000	Closed	-$73.3M	–	53
2019 Q2	$73.3M	Buy	250,000 +150,000	+150%	+$43.2M	21.15%	1
2019 Q1	$28.2M	Buy	+100,000	New	+$27.2M	14.38%	1