SPDR SERIES TRUST

Ticker: KBE CUSIP: 78464A797 Class: S&P BK ETF

Horizon Investments, LLC's Holding History (CIK: 0001560717)

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

Q3 2016
Shares 1,648,952 Value ($000) $55,042 Avg Close — Range —
Q4 2014
Shares 957,903 Value ($000) $32,138 Avg Close — Range —
Q3 2014
Shares 934,302 Value ($000) $29,814 Avg Close — Range —
Q1 2014
Shares 1,046,324 Value ($000) $35,617 Avg Close — Range —