MARATHON ASSET MANAGEMENT LP

Holdings History for SPDR S&P 500 ETF TRUST - TR UNIT (SPY)

Symbol: SPY on NYSE
Investment type: Equity / TR UNIT

Shares, Excluding Options vs Price

Value, Excluding Options

Holdings date	Option	Weight	Change	Value $	Shares	Change	Activity %	Price	All Holders
31 Dec 2025		38%	+38%	$24,218,950	35,000	+35,000	NEW	$691.97	Q4 2025
30 Jun 2025	put		0%	$825,000	6,000	0		$137.50 ^*	Q2 2025
31 Dec 2024	put		0%	$925,500	3,000	0		$308.50 ^*	Q4 2024
30 Sep 2024	put		0%	$2,394,000	36,000	0		$66.50 ^*	Q3 2024
30 Jun 2024	put		0%	$2,409,000	11,000	0		$219.00 ^*	Q2 2024
31 Mar 2024	put		0%	$332,500	15,000	0		$22.17 ^*	Q1 2024
30 Sep 2023	put		0%	$1,755,000	10,000	0		$175.50 ^*	Q3 2023
30 Jun 2023	put		0%	$2,159,000	10,000	0		$215.90 ^*	Q2 2023
31 Dec 2022	call		-20%	$0	0	-500,000	-100%	$681.27	Q4 2022
31 Dec 2022	put		0%	$3,190,000	32,000	0		$99.69 ^*	Q4 2022
30 Sep 2022	call	20%	+10%	$178,590,000	500,000	+250,000	+100%	$357.18	Q3 2022
30 Sep 2022	put	80%	+40%	$714,360,000	2,000,000	+1,000,000	+100%	$357.18	Q3 2022
30 Jun 2022	call	20%	+20%	$94,313,000	250,000	+250,000	NEW	$377.25	Q2 2022
30 Jun 2022	put	80%	+80%	$377,250,000	1,000,000	+1,000,000	NEW	$377.25	Q2 2022
31 Dec 2020	put		-100%	$0	0	-50,000	-100%	$681.27	Q4 2020
30 Sep 2020	put	100%	-9900%	$16,745,000	50,000	-4,950,000	-99%	$334.90	Q3 2020
30 Jun 2020	put	100%	+65%	$1,547,800,000	5,000,000	+3,250,000	+186%	$309.56	Q2 2020
31 Mar 2020	put	100%	+77%	$451,063,000	1,750,000	+1,350,000	+338%	$257.75	Q1 2020
31 Dec 2019			-67%	$0	0	-500,000	-100%	$681.27	Q4 2019
31 Dec 2019	put	100%	+100%	$128,744,000	400,000	+400,000	NEW	$321.86	Q4 2019
30 Sep 2019		67%	0%	$148,385,000	500,000	0		$296.77	Q3 2019
30 Jun 2019		59%	+59%	$146,500,000	500,000	+500,000	NEW	$293.00	Q2 2019
30 Jun 2019	put		-100%	$0	0	-1,000,000	-100%	$681.27	Q2 2019
31 Mar 2019			-28%	$0	0	-500,000	-100%	$681.27	Q1 2019
31 Mar 2019	put	100%	+100%	$282,480,000	1,000,000	+1,000,000	NEW	$282.48	Q1 2019
31 Dec 2018		28%	+28%	$124,960,000	500,000	+500,000	NEW	$249.92	Q4 2018
31 Dec 2018	put		-100%	$0	0	-500,000	-100%	$681.27	Q4 2018
30 Sep 2018	put	100%	-100%	$145,360,000	500,000	-500,000	-50%	$290.72	Q3 2018
30 Jun 2018	call		-42%	$0	0	-1,500,000	-100%	$681.27	Q2 2018
30 Jun 2018	put	100%	-50%	$271,280,000	1,000,000	-500,000	-33%	$271.28	Q2 2018
31 Mar 2018	call	42%	+42%	$394,725,000	1,500,000	+1,500,000	NEW	$263.15	Q1 2018
31 Mar 2018	put	42%	+42%	$394,725,000	1,500,000	+1,500,000	NEW	$263.15	Q1 2018
31 Dec 2017	put		-51%	$0	0	-1,500,000	-100%	$681.27	Q4 2017
30 Sep 2017	put	51%	+17%	$376,845,000	1,500,000	+500,000	+50%	$251.23	Q3 2017
30 Jun 2017	put	61%	0%	$241,790,000	1,000,000	0		$241.79	Q2 2017
31 Mar 2017	put		0%	$853,544,000	1,646,730	0		$518.33 ^*	Q1 2017
31 Dec 2016	put	7.9%	-1833%	$3,353,000	15,000	-3,500,000	-100%	$223.53	Q4 2016
30 Sep 2016	put	98%	-112%	$760,295,000	3,515,000	-4,035,000	-53%	$216.30	Q3 2016
30 Jun 2016	put	85%	+64%	$1,581,536,000	7,550,000	+5,650,000	+297%	$209.47	Q2 2016
31 Mar 2016	call		-67%	$0	0	-1,500,000	-100%	$681.27	Q1 2016
31 Mar 2016	put	100%	+74%	$390,488,000	1,900,000	+1,400,000	+280%	$205.52	Q1 2016
31 Dec 2015	call	67%	+67%	$305,805,000	1,500,000	+1,500,000	NEW	$203.87	Q4 2015
31 Dec 2015	put	22%	-11%	$101,935,000	500,000	-250,000	-33%	$203.87	Q4 2015
30 Sep 2015	put	67%	+22%	$143,693,000	750,000	+250,000	+50%	$191.59	Q3 2015
30 Jun 2015	put	63%	+63%	$102,945,000	500,000	+500,000	NEW	$205.89	Q2 2015
31 Mar 2015	call		-9.5%	$0	0	-500,000	-100%	$681.27	Q1 2015
31 Mar 2015	put		-85%	$0	0	-4,500,000	-100%	$681.27	Q1 2015
31 Dec 2014	call	9.5%	-3.6%	$102,770,000	500,000	-189,400	-27%	$205.54	Q4 2014
31 Dec 2014	put	85%	+85%	$924,931,000	4,500,000	+4,500,000	NEW	$205.54	Q4 2014
30 Sep 2014	call	47%	+47%	$135,825,000	689,400	+689,400	NEW	$197.02	Q3 2014
30 Jun 2014	call		-66%	$0	0	-2,600,000	-100%	$681.27	Q2 2014
31 Mar 2014	call	66%	-179%	$486,303,000	2,600,000	-7,010,600	-73%	$187.04	Q1 2014
31 Dec 2013	call	94%	0%	$1,774,981,000	9,610,600	0		$184.69	Q4 2013

* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.