Pine River Capital Management L.P.

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
30 Sep 2018	put	100%	+100%	$30,816,000	106,000	+106,000	NEW	$290.72	Q3 2018
31 Mar 2018			-72%	$0	0	-116,050	-100%	$681.27	Q1 2018
31 Mar 2018	put		-100%	$0	0	-726,300	-100%	$681.27	Q1 2018
31 Dec 2017		72%	+27%	$30,969,000	116,050	+44,286	+62%	$266.86	Q4 2017
31 Dec 2017	put	100%	-44%	$193,820,000	726,300	-320,000	-31%	$266.86	Q4 2017
30 Sep 2017		2.5%	+9.4%	$18,029,000	71,764	+71,764	NEW	$251.23	Q3 2017
30 Sep 2017	put	39%	-101%	$262,862,000	1,046,300	-1,908,700	-65%	$251.23	Q3 2017
30 Jun 2017	put	43%	-20%	$714,519,000	2,955,000	-1,390,000	-32%	$241.80	Q2 2017
31 Mar 2017	call		-2.6%	$0	0	-105,000	-100%	$681.27	Q1 2017
31 Mar 2017	put	34%	+8.8%	$1,024,292,000	4,345,000	+1,115,000	+35%	$235.74	Q1 2017
31 Dec 2016			-2.7%	$0	0	-438,600	-100%	$681.27	Q4 2016
31 Dec 2016	call	2.6%	+2.6%	$23,471,000	105,000	+105,000	NEW	$223.53	Q4 2016
31 Dec 2016	put	79%	-60%	$722,002,000	3,230,000	-2,425,000	-43%	$223.53	Q4 2016
30 Sep 2016		2.7%	+2.7%	$94,869,000	438,600	+383,200	+692%	$216.30	Q3 2016
30 Sep 2016	call		-2.1%	$0	0	-160,000	-100%	$681.27	Q3 2016
30 Sep 2016	put	56%	-7.2%	$1,223,180,000	5,655,000	-735,000	-12%	$216.30	Q3 2016
30 Jun 2016		0.31%	+0.36%	$11,605,000	55,400	+55,400	NEW	$209.48	Q2 2016
30 Jun 2016	call	2.1%	+2.1%	$33,517,000	160,000	+160,000	NEW	$209.48	Q2 2016
30 Jun 2016	put	83%	-15%	$1,338,547,000	6,390,000	-1,184,200	-16%	$209.48	Q2 2016
31 Mar 2016	call		-6.2%	$0	0	-600,000	-100%	$681.27	Q1 2016
31 Mar 2016	put	90%	+13%	$1,556,651,000	7,574,200	+1,085,300	+17%	$205.52	Q1 2016
31 Dec 2015			-1.5%	$0	0	-324,165	-100%	$681.27	Q4 2015
31 Dec 2015	call	6.2%	+6.2%	$122,322,000	600,000	+600,000	NEW	$203.87	Q4 2015
31 Dec 2015	put	67%	-25%	$1,322,891,000	6,488,900	-2,464,300	-28%	$203.87	Q4 2015
30 Sep 2015		1.1%	-0.43%	$62,119,000	324,165	-93,621	-22%	$191.63	Q3 2015
30 Sep 2015	put	76%	+26%	$1,715,702,000	8,953,200	+3,085,300	+53%	$191.63	Q3 2015
30 Jun 2015		1.3%	+1.4%	$86,001,000	417,786	+417,786	NEW	$205.85	Q2 2015
30 Jun 2015	call		-0.25%	$0	0	-23,800	-100%	$681.27	Q2 2015
30 Jun 2015	put	52%	-5.9%	$1,207,910,000	5,867,900	-658,500	-10%	$205.85	Q2 2015
31 Mar 2015			-1%	$0	0	-280,096	-100%	$681.27	Q1 2015
31 Mar 2015	call	0.25%	+0.25%	$4,914,000	23,800	+23,800	NEW	$206.47	Q1 2015
31 Mar 2015	put	68%	+21%	$1,347,244,000	6,526,400	+1,976,900	+43%	$206.43	Q1 2015
31 Dec 2014		0.97%	+1%	$57,571,000	280,096	+280,096	NEW	$205.54	Q4 2014
31 Dec 2014	put	50%	+17%	$935,105,000	4,549,500	+1,523,200	+50%	$205.54	Q4 2014
30 Sep 2014			-0.96%	$0	0	-209,993	-100%	$681.27	Q3 2014
30 Sep 2014	call		-2.2%	$0	0	-250,000	-100%	$681.27	Q3 2014
30 Sep 2014	put	20%	+7.9%	$596,242,000	3,026,300	+1,219,300	+67%	$197.02	Q3 2014
30 Jun 2014		0.96%	-2.1%	$41,100,000	209,993	-450,103	-68%	$195.72	Q2 2014
30 Jun 2014	call	2.2%	-2.2%	$48,930,000	250,000	-250,000	-50%	$195.72	Q2 2014
30 Jun 2014	put	16%	+1.1%	$353,666,000	1,807,000	+127,000	+7.6%	$195.72	Q2 2014
31 Mar 2014		3.1%	+3.1%	$123,445,000	660,096	+660,096	NEW	$187.01	Q1 2014
31 Mar 2014	call	3.6%	-9.9%	$93,505,000	500,000	-1,300,900	-72%	$187.01	Q1 2014
31 Mar 2014	put	12%	+6.9%	$314,177,000	1,680,000	+909,100	+118%	$187.01	Q1 2014
31 Dec 2013	call	10%	0%	$332,610,000	1,800,900	0		$184.69	Q4 2013
31 Dec 2013	put	4.4%	0%	$142,378,000	770,900	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.