MACYS INC

Ticker: M CUSIP: 55616P104 Class: Common Stock

Park Avenue Institutional Advisers LLC's Holding History (CIK: 0001640801)

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

Q2 2016

Shares 1,960 Value ($000) $66 Avg Close $35.81 Range $29.94 - $44.07

Q1 2016

Shares 1,981 Value ($000) $87 Avg Close $41.33 Range $34.33 - $45.50

Q4 2015

Shares 2,036 Value ($000) $71 Avg Close $43.33 Range $34.05 - $52.48

Q3 2015

Shares 2,202 Value ($000) $113 Avg Close $62.72 Range $49.72 - $73.61

Q2 2015

Shares 2,297 Value ($000) $155 Avg Close $67.58 Range $62.80 - $71.10

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	1,960	$66	$35.81	$29.94 - $44.07
Q1 2016	1,981	$87	$41.33	$34.33 - $45.50
Q4 2015	2,036	$71	$43.33	$34.05 - $52.48
Q3 2015	2,202	$113	$62.72	$49.72 - $73.61
Q2 2015	2,297	$155	$67.58	$62.80 - $71.10