SELECT SECTOR SPDR TR

Ticker: XLF CUSIP: 81369Y605 Class: FINANCIAL

Thiel Macro LLC's Holding History (CIK: 0001562087)

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

Q1 2017
Shares 210,000 Value ($000) $4,983 Avg Close — Range —
Q4 2016
Shares 350,000 Value ($000) $8,138 Avg Close — Range —