Discretionary Trader Index for May 2021

Rank	CTA / Program	Performance	Inception
1	AG Capital Management Partners, LP Discretionary Global Macro Program	14.08	10/1/2014
2	Sandpiper Asset Management Sandpiper Systematic Trend	6.89	8/1/2012
3	Robust Methods LLC Macro Managed Account	6.81	1/1/2005
4	Typhon Capital Management, LLC Leonidas Macro Fund	6.25	4/1/2017
5	Typhon Capital Management, LLC Zephyrus Livestock Strategy	5.28	1/1/2017
6	RCMA Capital LLP Merchant Commodity Fund	3.70	6/1/2004
7	Evergreen Commodity Advisors, LLC Evergreen Discretionary Energy	2.86	1/1/2015
8	Tianyou Asset Management, LLC Tianyou Trading Strategy	2.40	10/1/2012
9	Pan Capital Management Pan Capital Energy Strategy	2.02	7/1/2011
10	Sector Arc Advisors Global Lean Hog Ag	2.00	10/1/2015
11	Davis Commodities, LLC Davis Trading Program	1.89	1/1/2016
12	Mobius Asset Management MCR Trading Program (C)	1.81	2/1/2019
13	Statar Capital LLC Natural Gas Strategy	1.65	9/1/2018
14	Mesirow Financial Investment Management, Inc. Extended Markets Alpha Program	1.17	4/1/2004
15	HPX Financial LLC HPX Old School Program	1.10	6/1/2006
16	Typhon Capital Management, LLC Plutus Grain Strategy	1.09	4/1/2008
17	Sizemore Capital Management LLC Blue Orbit Capital Mgmt	1.04	6/1/2019
18	White River Group Dynamic S&P Options Strategy	0.98	11/1/2014
19	Buttonwood LLC Energy Diversified 1	0.92	7/1/2014
20	Carbide Capital Inc. Carbide Absolute Return Program	0.83	9/1/2014
21	Typhon Capital Management, LLC Vulcan Metals Strategy	0.68	11/1/2011
22	Warrington Asset Management Warrington Strategic Program	0.64	1/1/1997
23	GZC Investment Management AG GZC Strategic Commodities Fund (SCF)	0.61	1/1/2014
24	Orgone Commodity Management LLC Orgone AG 1	0.61	9/1/2011
25	Gregory P Asset Management LLC Seasonal Spread and Options Strategy	0.59	9/1/2009
26	Warrington Asset Management Tactical Program Client	0.55	2/1/2015
27	Crediton Hill LLC Crediton Hill Managed Account Program, Proprietary	0.36	8/1/2013
28	NickJen Capital Management & Consultants LLC NRD-1	0.28	4/1/2008
29	Sigma Advanced Capital Management, LLC Global Advanced Futures and Spread Program (QEP)	0.26	2/1/2016
30	Typhon Capital Management, LLC Leonidas Energy Program	0.10	4/1/2017
31	Gamma Q Breckhurst Commodity Fund	0.00	10/1/2006
32	Gamma Q Breckhurst Commodity Fund (Cayman) LP	0.00	5/1/2018
33	Amapa Capital Advisors LLC Energy Program	-0.06	2/1/2015
34	SpreadEdge Capital, LLC Diversified Seasonal Spreads	-0.16	12/1/2014
35	Whitmore Capital Management LLC Whitmore Capital LP	-0.24	6/1/2012
36	Dynamica Global Investments Dynamica Commodity Trading Strategy	-0.29	4/1/2015
37	Carbide Capital Inc. Carbide Hedge Progam	-0.33	9/1/2016
38	Blake Capital Management, Inc. SRD Currencies	-0.34	3/1/2013
39	Mesirow Financial Investment Management, Inc. Asian Markets Alpha Program	-0.39	2/1/2006
40	Rhicon Currency Management Rhicon Currency Alpha Strategy	-0.48	10/1/2018
41	M&R Capital, LLC Livestock Trading Program	-0.54	1/1/2015
42	County Cork LLC RLA I Trading Program (P)	-0.60	1/1/2009
43	Greenwave Capital Management Greenwave Flagship Plus	-0.60	6/1/2008
44	Trigon Investment Advisors, LLC Discretionary Macro Program	-0.76	8/1/2007
45	Third Street Ag Investments, LLC Fundamental Discretionary Ag	-0.83	8/1/2012
46	Demeter Capital Management Livestock & Grain Trading Program	-0.92	3/1/2010
47	Gregory P Asset Management LLC Alternative Multi Strategy	-1.04	11/1/2012
48	Greenwave Capital Management Greenwave Flagship Plus 2x	-1.32	4/1/2016
49	RTM Capital Advisors RTM Core Indices Plus Strategy	-1.50	9/1/2017
50	Shepherd Energy AB Shepherd Energy Portfolio	-1.74	1/1/2013
51	Bocken Trading LLC Discretionary Trading Program	-1.98	7/1/2011
52	Breakout Funds Breakout Funds Propeller Program	-2.37	2/1/2018
53	Wharton Capital Management Wharton AG Futures Program	-3.16	9/1/2011
54	Schindler Capital Management, LLC Dairy Advantage Program	-8.04	8/1/2005
55	Ditsch Trading, LLC Agricultural Trading Program	-8.97	1/1/2011