MACYS INC

Ticker: M CUSIP: 55616P104 Class: Common Stock

Banco BTG Pactual S.A.'s Holding History (CIK: 0001536080)

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

Q3 2016

Shares 31,441 Value ($000) $1,165 Avg Close $36.24 Range $31.02 - $40.98

Q2 2016

Shares 52,575 Value ($000) $1,767 Avg Close $35.81 Range $29.94 - $44.07

Q1 2016

Shares 5,584 Value ($000) $246 Avg Close $41.33 Range $34.33 - $45.50

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	31,441	$1,165	$36.24	$31.02 - $40.98
Q2 2016	52,575	$1,767	$35.81	$29.94 - $44.07
Q1 2016	5,584	$246	$41.33	$34.33 - $45.50