VANECK ETF TRUST

Ticker: GDXJ CUSIP: 92189F791 Class: ETF

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

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

Q2 2019
Shares 100,000 Value ($000) $3,496 Avg Close — Range —
Q1 2019
Shares 200,000 Value ($000) $6,346 Avg Close — Range —
Q4 2018
Shares 250,000 Value ($000) $7,555 Avg Close — Range —
Q3 2018
Shares 175,000 Value ($000) $4,788 Avg Close — Range —
Q2 2018
Shares 350,000 Value ($000) $11,445 Avg Close — Range —
Q1 2018
Shares 250,000 Value ($000) $8,038 Avg Close — Range —