Efficient Market Advisors, LLC

Holdings History for SELECT SECTOR SPDR TR - FINANCIAL (XLF)

Symbol: XLF
Investment type: Equity / FINANCIAL

Shares, Excluding Options vs Price

Value, Excluding Options

Holdings date	Weight	Change	Value $	Shares	Change	Activity %	Price	All Holders
31 Mar 2016		-0.12%	$0	0	-24,426	-100%	$52.50	Q1 2016
31 Dec 2015	0.12%	+0.12%	$582,000	24,426	+24,426	NEW	$23.83	Q4 2015
30 Jun 2014		-0.01%	$0	0	-1,100	-100%	$52.50	Q2 2014
31 Mar 2014	0.01%	0%	$25,000	1,100	0		$22.73	Q1 2014
31 Dec 2013	0.01%	0%	$24,000	1,100	0		$21.82	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.