Hedge Fund - Karsch Capital Management

Spdr S & P 500 Etf Trust (SPY) CALL

Holding History Records
No. Filing Period Value % of Portfolio Number of Shares Avg. Quarterly Share Price
1 2011 - Q2 (2011-06-30) $0 0% 0 $132.01
2 2011 - Q1 (2011-03-31) $473,837,000 11.42% 3,573,700 $130.39

The displayed share prices are average quarterly stock market prices.