POWERSHARES QQQ TRUST

CUSIP: 73935A104 Class: COM

Telos Capital Management, Inc.'s Holding History (CIK: 0001567889)

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

Q1 2018
Shares 32,402 Value ($000) $5,189 Avg Close — Range —
Q4 2017
Shares 34,680 Value ($000) $5,402 Avg Close — Range —
Q3 2017
Shares 32,076 Value ($000) $4,665 Avg Close — Range —
Q2 2017
Shares 31,119 Value ($000) $4,284 Avg Close — Range —
Q1 2017
Shares 33,251 Value ($000) $4,402 Avg Close — Range —
Q4 2016
Shares 32,645 Value ($000) $3,867 Avg Close — Range —
Q3 2016
Shares 30,950 Value ($000) $3,674 Avg Close — Range —
Q2 2016
Shares 30,509 Value ($000) $3,281 Avg Close — Range —
Q1 2016
Shares 28,884 Value ($000) $3,154 Avg Close — Range —
Q4 2015
Shares 30,068 Value ($000) $3,364 Avg Close — Range —
Q3 2015
Shares 29,489 Value ($000) $3,001 Avg Close — Range —
Q2 2015
Shares 26,975 Value ($000) $2,888 Avg Close — Range —
Q1 2015
Shares 25,762 Value ($000) $2,721 Avg Close — Range —
Q4 2014
Shares 25,604 Value ($000) $2,643 Avg Close — Range —
Q3 2014
Shares 25,592 Value ($000) $2,528 Avg Close — Range —
Q2 2014
Shares 24,600 Value ($000) $2,311 Avg Close — Range —
Q1 2014
Shares 21,075 Value ($000) $1,848 Avg Close — Range —
Q4 2013
Shares 17,409 Value ($000) $1,531 Avg Close — Range —
Q3 2013
Shares 15,903 Value ($000) $1,255 Avg Close — Range —
Q2 2013
Shares 13,609 Value ($000) $970 Avg Close — Range —