SELECT SECTOR SPDR TR

Ticker: XLV CUSIP: 81369Y209 Class: SBI HEALTHCARE

BW Gestao de Investimentos Ltda.'s Holding History (CIK: 0001568280)

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

Q4 2025
Shares 266,000 Value ($000) $41,177 Avg Close — Range —
Q3 2025
Shares 301,000 Value ($000) $41,890 Avg Close — Range —
Q2 2025
Shares 229,000 Value ($000) $30,867 Avg Close — Range —
Q1 2025
Shares 11,292 Value ($000) $1,649 Avg Close — Range —
Q4 2024
Shares 236,292 Value ($000) $32,507 Avg Close — Range —
Q4 2021
Shares 40,000 Value ($000) $5,636 Avg Close — Range —
Q3 2021
Shares 60,000 Value ($000) $7,638 Avg Close — Range —
Q2 2019
Shares 150,000 Value ($000) $13,896 Avg Close — Range —
Q2 2017
Shares 20,000 Value ($000) $1,585 Avg Close — Range —