ISHARES TR

Ticker: TLT CUSIP: 464287432 Class: 20 YR TR BD ETF

III Capital Management's Holding History (CIK: 0001783139)

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

Q4 2019

Shares 47,500 Value ($000) $6,435 Avg Close — Range —

Q3 2019

Shares 47,500 Value ($000) $6,796 Avg Close — Range —

Q2 2019

Shares 56,000 Value ($000) $7,437 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2019	47,500	$6,435	—	—
Q3 2019	47,500	$6,796	—	—
Q2 2019	56,000	$7,437	—	—