SELECT SECTOR SPDR TR

CUSIP: 81369y803 Class: COM

Douglass Winthrop Advisors, LLC's Holding History (CIK: 0001308527)

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

Q2 2015
Shares 5,806 Value ($000) $241 Avg Close — Range —
Q1 2015
Shares 5,806 Value ($000) $241 Avg Close — Range —