Main Management LLC Buys PowerShares QQQ Trust Ser 1, Vanguard FTSE All World Ex US, iShares Russell 2000, Sells SPDR S&P Bank, SPDR Bloomberg Barclays 1-3 Month T-Bill, SPDR Select Sector Fund - Energy Select Sector

• New Purchases: XLY, XHB, ITA, KWEB, DIA, NAC, GXC, NAD, SPXL, VDE, CQQQ, FVD,
• Added Positions: QQQ, VEU, IWM, XLV, IEFA, VLUE, SMH, IEMG, EWU, EWY, VWO, IVV, SCHB, VEA, CAF, VNQ, VOE, VOO, VGM,
• Reduced Positions: KBE, BIL, XLE, XLF, SPY, VXUS, GDX, EFA, EEM, GLD, XLK, VDC, JPST, NEAR, ITB, DXJ, VHT, XBI, ASHR, EWC, MINT, EWG, IBB, EWS, EWW, RSX, RSP, SLV, BSV, DSI, KRE, VGT, SUSB, FM,
• Sold Out: IWS, OIH, EWZ, PAK, XOP, IDV, TUR, AMLP, EUFN, IWR,

For the details of Main Management LLC's stock buys and sells, go to https://www.gurufocus.com/guru/main+management+llc/current-portfolio/portfolio

1. SPDR S&P 500 (SPY) - 343,452 shares, 17.29% of the total portfolio. Shares reduced by 11.93%
2. SPDR Select Sector Fund - Technology (XLK) - 484,610 shares, 7.61% of the total portfolio. Shares reduced by 9.47%
3. SPDR Select Sector Fund - Financial (XLF) - 1,707,991 shares, 6.94% of the total portfolio. Shares reduced by 24.04%
4. PowerShares QQQ Trust Ser 1 (QQQ) - 140,275 shares, 5.22% of the total portfolio. Shares added by 10690.38%
5. iShares Short Maturity Bond (NEAR) - 509,964 shares, 4.83% of the total portfolio. Shares reduced by 8.22%

Main Management LLC initiated holding in SPDR Select Sector Fund - Consumer Discretionary. The purchase prices were between $87.45 and $132.32, with an estimated average price of $119.04. The stock is now traded at around $117.55. The impact to a portfolio due to this purchase was 1.84%. The holding were 96,027 shares as of .

Main Management LLC initiated holding in SPDR Series Trust Homebuilders. The purchase prices were between $24.72 and $49.23, with an estimated average price of $43.16. The stock is now traded at around $37.57. The impact to a portfolio due to this purchase was 1.5%. The holding were 257,592 shares as of .

Main Management LLC initiated holding in iShares U.S. Aerospace & Defense. The purchase prices were between $116.81 and $238.37, with an estimated average price of $203.52. The stock is now traded at around $150.37. The impact to a portfolio due to this purchase was 0.82%. The holding were 29,100 shares as of .

Main Management LLC initiated holding in KraneShares Trust CSI China Internet. The purchase prices were between $40.37 and $54.58, with an estimated average price of $49.48. The stock is now traded at around $50.00. The impact to a portfolio due to this purchase was 0.2%. The holding were 22,995 shares as of .

Main Management LLC initiated holding in SPDR Dow Jones Industrial Average. The purchase prices were between $186.03 and $293.86, with an estimated average price of $264.32. The stock is now traded at around $243.61. The impact to a portfolio due to this purchase was 0.08%. The holding were 1,800 shares as of .

Main Management LLC initiated holding in Nuveen California Quality Municipal Income Fund. The purchase prices were between $11.07 and $15.59, with an estimated average price of $14.73. The stock is now traded at around $13.89. The impact to a portfolio due to this purchase was 0.03%. The holding were 11,601 shares as of .

Main Management LLC added to a holding in PowerShares QQQ Trust Ser 1 by 10690.38%. The purchase prices were between $169.3 and $236.98, with an estimated average price of $212.89. The stock is now traded at around $227.59. The impact to a portfolio due to this purchase was 5.17%. The holding were 140,275 shares as of .

Main Management LLC added to a holding in Vanguard FTSE All World Ex US by 245.86%. The purchase prices were between $35.86 and $54.78, with an estimated average price of $49.6. The stock is now traded at around $43.97. The impact to a portfolio due to this purchase was 2.03%. The holding were 356,332 shares as of .

Main Management LLC added to a holding in iShares Russell 2000 by 8484.85%. The purchase prices were between $99.52 and $168.88, with an estimated average price of $148.55. The stock is now traded at around $132.39. The impact to a portfolio due to this purchase was 1.88%. The holding were 84,990 shares as of .

Main Management LLC added to a holding in SPDR Select Sector Fund - Health Care by 119.52%. The purchase prices were between $74.62 and $104.73, with an estimated average price of $97.73. The stock is now traded at around $101.29. The impact to a portfolio due to this purchase was 1.6%. The holding were 169,795 shares as of .

Main Management LLC added to a holding in iShares Core MSCI EAFE by 199.33%. The purchase prices were between $43.31 and $66.12, with an estimated average price of $59.51. The stock is now traded at around $53.38. The impact to a portfolio due to this purchase was 1.36%. The holding were 209,183 shares as of .

Main Management LLC added to a holding in iShares Edge MSCI USA Value Factor by 84.25%. The purchase prices were between $55.33 and $91.41, with an estimated average price of $81.65. The stock is now traded at around $69.12. The impact to a portfolio due to this purchase was 1.32%. The holding were 234,092 shares as of .

Main Management LLC sold out a holding in iShares Russell Mid-cap Value. The sale prices were between $53.85 and $95.87, with an estimated average price of $84.73.

Main Management LLC sold out a holding in VanEck Vectors Oil Services. The sale prices were between $3.39 and $13.76, with an estimated average price of $9.53.

Main Management LLC sold out a holding in iShares Inc MSCI Brazil. The sale prices were between $20.82 and $48.41, with an estimated average price of $38.64.

Main Management LLC sold out a holding in Global X MSCI Pakistan. The sale prices were between $4.8 and $8.35, with an estimated average price of $7.13.

Main Management LLC sold out a holding in SPDR S&P Oil & Gas Explor & Product. The sale prices were between $7.54 and $32.9, with an estimated average price of $17.68.

Main Management LLC sold out a holding in iShares International Select Dividend. The sale prices were between $18.85 and $32.78, with an estimated average price of $29.1.