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Xaraf Management LLC
> GLD
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 12/31/2012 | SPDR GOLD TRUST | GLD | 0 | -5,400 | 0 | -929,000 | |
| 09/30/2012 | SPDR GOLD TRUST | GLD | 5,400 | -30,900 | 929,000 | -4,704,000 | $172.04 |
| 06/30/2012 | SPDR GOLD TRUST | GLD | 36,300 | 26,000 | 5,633,000 | 3,963,000 | $155.18 |
| 03/31/2012 | SPDR GOLD TRUST | GLD | 10,300 | 0 | 1,670,000 | 42,000 | $162.14 |
| 12/31/2011 | SPDR GOLD TRUST | GLD | 11,000 | 700 | 1,672,000 | 44,000 | $152.00 |
| 09/30/2011 | SPDR GOLD TRUST | GLD | 10,300 | 10,300 | 1,628,000 | 1,628,000 | $158.06 |
| 03/31/2011 | SPDR GOLD TRUST | GLD | 0 | -24,900 | 0 | -3,454,000 | |
| 12/31/2010 | SPDR GOLD TRUST | GLD | 24,900 | -124,000 | 3,454,000 | -15,592,000 | $138.71 |
| 09/30/2010 | SPDR GOLD TRUST | GLD | 148,900 | -18,100 | 19,046,000 | -1,275,000 | $127.91 |
| 06/30/2010 | SPDR GOLD TRUST | GLD | 167,000 | -13,700 | 20,321,000 | 634,000 | $121.68 |
| 03/31/2010 | SPDR GOLD TRUST | GLD | 180,700 | -276,800 | 19,687,000 | -29,407,000 | $108.95 |
| 12/31/2009 | SPDR GOLD TRUST | GLD | 457,500 | 395,500 | 49,094,000 | 42,965,000 | $107.31 |
| 09/30/2009 | SPDR GOLD TRUST | GLD | 62,000 | 38,200 | 6,129,000 | 3,959,000 | $98.85 |
| 06/30/2009 | SPDR GOLD TRUST | GLD | 23,800 | 23,800 | 2,170,000 | 2,170,000 | $91.18 |
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