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Clifton Group Investment Management Co
> SPY
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 12/31/2012 | SPDR S&P 500 ETF TRUST | SPY | 894,284 | -1,873,430 | 128,268,000 | -272,378,000 | $143.43 |
| 09/30/2012 | SPDR S&P 500 ETF TRUST | SPY | 2,767,714 | 217,110 | 400,646,000 | 51,740,000 | $144.76 |
| 06/30/2012 | SPDR S&P 500 ETF TRUST | SPY | 2,550,604 | 1,581,377 | 348,906,000 | 211,831,000 | $136.79 |
| 03/31/2012 | SPDR S&P 500 ETF TRUST | SPY | 969,227 | 217,650 | 137,075,000 | 52,034,000 | $141.43 |
| 09/30/2011 | SPDR S&P 500 ETF TRUST | SPY | 751,577 | 188,200 | 85,041,000 | 10,692,000 | $113.15 |
| 06/30/2011 | SPDR S&P 500 ETF TRUST | SPY | 563,377 | 1,000 | 74,349,000 | -217,000 | $131.97 |
| 03/31/2011 | SPDR S&P 500 ETF TRUST | SPY | 562,377 | 1,200 | 74,566,000 | 3,998,000 | $132.59 |
| 12/31/2010 | SPDR S&P 500 ETF TRUST | SPY | 561,177 | -404,490 | 70,568,000 | -39,644,000 | $125.75 |
| 09/30/2010 | SPDR S&P 500 ETF TRUST | SPY | 965,667 | 4,740 | 110,212,000 | 11,025,000 | $114.13 |
| 06/30/2010 | SPDR S&P 500 ETF TRUST | SPY | 960,927 | -953,927 | 99,187,000 | -124,851,000 | $103.22 |
| 03/31/2010 | SPDR S&P 500 ETF TRUST | SPY | 1,914,854 | 962,177 | 224,038,000 | 117,872,000 | $117.00 |
| 12/31/2009 | SPDR S&P 500 ETF TRUST | SPY | 952,677 | 629,493 | 106,166,000 | 72,041,000 | $111.44 |
| 09/30/2009 | SPDR S&P 500 ETF TRUST | SPY | 323,184 | 1,525 | 34,125,000 | 4,548,000 | $105.59 |
| 06/30/2009 | SPDR S&P 500 ETF TRUST | SPY | 321,659 | 1,900 | 29,577,000 | 4,150,000 | $91.95 |
| 03/31/2009 | SPDR S&P 500 ETF TRUST | SPY | 319,759 | -250 | 25,427,000 | -3,451,000 | $79.52 |
| 12/31/2008 | SPDR S&P 500 ETF TRUST | SPY | 320,009 | 320,009 | 28,878,000 | 28,878,000 | $90.24 |
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