Thiel Macro LLC

Q4 2014 13F Holdings Report, Restatement, Stock Holdings

Signature - Title: Timothy Van Voris - Chief Compliance Officer
Location: West Hollywood, CA
Holdings as of: December 31, 2014
Value $: $78.3M
Num holdings: 6
Date filed: 8/21/2015, 05:33 PM
Form type: 13F-HR/A-1 - Restatement
Description: All US holdings of this investor are reported in this report. Top holdings included SPY, MLPL, AMLP, FXI, and EPI.
Next filing: Q1 2015 - Aug 24, 2015
SEC: View on sec.gov
Options Holdings: Showing stock holdings, see here for options holdings

Sym	Weight	Trade Impact	Company	Class	Shares Change	Activity	Value Change $	Value $	* Price $	Shares	Principal

Compare Q4 2014 to

* 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.

Person Signing this Report on Behalf of Reporting Manager:

Name	Title	City, State	Date
Timothy Van Voris	Chief Compliance Officer	San Francisco, California	8/21/2015

Amendment reflects updates to value of options positions to use price of underlying securities and an update to the value of one additional position to correct price error.