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PADCO ADVISORS INC /MD NEW
> TRLG
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 12/31/2010 | TRUE RELIGION APPAREL INC | TRLG | 0 | -11,649 | 0 | -257,000 | |
| 09/30/2010 | TRUE RELIGION APPAREL INC | TRLG | 0 | -11,649 | 0 | -257,000 | |
| 09/30/2010 | TRUE RELIGION APPAREL INC | TRLG | 0 | -11,649 | 0 | -257,000 | |
| 06/30/2010 | TRUE RELIGION APPAREL INC | TRLG | 11,649 | -411 | 257,000 | 34,000 | $22.06 |
| 03/31/2010 | TRUE RELIGION APPAREL INC | TRLG | 6,415 | -5,645 | 195,000 | -28,000 | $30.40 |
| 12/31/2009 | TRUE RELIGION APPAREL INC | TRLG | 12,060 | -461 | 223,000 | -102,000 | $18.49 |
| 09/30/2009 | TRUE RELIGION APPAREL INC | TRLG | 12,521 | -2,041 | 325,000 | 0 | $25.96 |
| 06/30/2009 | TRUE RELIGION APPAREL INC | TRLG | 14,562 | 2,356 | 325,000 | 181,000 | $22.32 |
| 03/31/2009 | TRUE RELIGION APPAREL INC | TRLG | 12,206 | 3,462 | 144,000 | 35,000 | $11.80 |
| 12/31/2008 | TRUE RELIGION APPAREL INC | TRLG | 8,744 | 8,744 | 109,000 | 109,000 | $12.47 |
| 09/30/2008 | TRUE RELIGION APPAREL INC | TRLG | 10,736 | 8,756 | 278,000 | 225,000 | $25.89 |
| 06/30/2008 | TRUE RELIGION APPAREL INC | TRLG | 1,980 | 1,980 | 53,000 | 53,000 | $26.77 |
| 06/30/2007 | TRUE RELIGION APPAREL INC | TRLG | 0 | -3,280 | 0 | -53,000 | |
| 03/31/2007 | TRUE RELIGION APPAREL INC | TRLG | 3,280 | -4,270 | 53,000 | -63,000 | $16.16 |
| 12/31/2006 | TRUE RELIGION APPAREL INC | TRLG | 7,550 | 5,340 | 116,000 | 69,000 | $15.36 |
| 09/30/2006 | TRUE RELIGION APPAREL INC | TRLG | 2,210 | 2,210 | 47,000 | 47,000 | $21.27 |
| 06/30/2006 | TRUE RELIGION APPAREL INC | TRLG | 2,350 | 2,350 | 42,000 | 42,000 | $17.87 |
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