PHILLIPS 66

Ticker: PSX CUSIP: 718546104 Class: COM

Global Endowment Management, LP's Holding History (CIK: 0001512237)

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

Q3 2013

Shares 46,080 Value ($000) $2,664 Avg Close $37.50 Range $35.35 - $39.98

Q2 2013

Shares 35,810 Value ($000) $2,110 Avg Close $40.44 Range $36.04 - $45.07

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2013	46,080	$2,664	$37.50	$35.35 - $39.98
Q2 2013	35,810	$2,110	$40.44	$36.04 - $45.07