DIREXION SHS ETF TR

Ticker: TNA CUSIP: 25459W847 Class: Inverse Market Hedge Fund

SHEPHERD KAPLAN KROCHUK, LLC's Holding History (CIK: 0001218583)

Note: Option positions (PUT/CALL) are excluded.

Q4 2013

Shares 13,000 Value ($000) $1,007 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2013	13,000	$1,007	—	—