SELECT SECTOR SPDR TR

Ticker: XLRE CUSIP: 81369Y860 Class: Exchange Traded Fund

Hudson Bay Capital Management LP's Holding History (CIK: 0001393825)

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

Q3 2016

Shares 15,206 Value ($000) $498 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	15,206	$498	—	—