SAP SE

Ticker: SAP CUSIP: 803054204 Class: SPON ADR

Guild Investment Management, Inc.'s Holding History (CIK: 0001317802)

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

Q2 2015
Shares 51,320 Value ($000) $3,604 Avg Close — Range —
Q1 2015
Shares 50,330 Value ($000) $3,632 Avg Close — Range —