POWERSHARES QQQ TRUST

CUSIP: 73935A104 Class: COM

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

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

Q1 2018
Shares 15,000 Value ($000) $2,402 Avg Close — Range —
Q4 2017
Shares 15,000 Value ($000) $2,336 Avg Close — Range —
Q3 2017
Shares 15,000 Value ($000) $2,182 Avg Close — Range —
Q2 2017
Shares 15,000 Value ($000) $2,065 Avg Close — Range —
Q1 2017
Shares 15,000 Value ($000) $1,986 Avg Close — Range —
Q4 2016
Shares 15,000 Value ($000) $1,777 Avg Close — Range —
Q3 2016
Shares 15,000 Value ($000) $1,781 Avg Close — Range —
Q2 2016
Shares 15,000 Value ($000) $1,613 Avg Close — Range —
Q1 2016
Shares 15,000 Value ($000) $1,638 Avg Close — Range —
Q4 2015
Shares 15,000 Value ($000) $1,678 Avg Close — Range —
Q3 2015
Shares 15,000 Value ($000) $1,526 Avg Close — Range —
Q2 2015
Shares 20,000 Value ($000) $2,141 Avg Close — Range —
Q1 2015
Shares 20,000 Value ($000) $2,112 Avg Close — Range —
Q4 2014
Shares 20,000 Value ($000) $2,065 Avg Close — Range —
Q3 2014
Shares 20,000 Value ($000) $1,976 Avg Close — Range —
Q2 2014
Shares 20,000 Value ($000) $1,878 Avg Close — Range —
Q1 2014
Shares 20,000 Value ($000) $1,754 Avg Close — Range —
Q4 2013
Shares 20,000 Value ($000) $1,759 Avg Close — Range —
Q3 2013
Shares 20,000 Value ($000) $1,577 Avg Close — Range —
Q2 2013
Shares 20,000 Value ($000) $1,424 Avg Close — Range —