SPDR S&P MIDCAP 400 ETF TR

Ticker: MDY CUSIP: 78467Y107 Class: Exchange Traded Fund

CONFLUENCE INVESTMENT MANAGEMENT LLC's Holding History (CIK: 0001442056)

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

Q4 2017
Shares 606 Value ($000) $209 Avg Close — Range —
Q3 2017
Shares 638 Value ($000) $208 Avg Close — Range —
Q2 2017
Shares 697 Value ($000) $221 Avg Close — Range —
Q1 2017
Shares 703 Value ($000) $220 Avg Close — Range —