Acadian Asset Management’s National Bank Holdings NBHC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-22,310	Closed	-$847K	–	2174
2025 Q4	$847K	Buy	22,310 +20,055	+889%	+$756K	﹤0.01%	1152
2025 Q3	$87K	Buy	+2,255	New	+$87.4K	﹤0.01%	1548
2021 Q3	–	Sell	-29,440	Closed	-$1.11M	–	1912
2021 Q2	$1.11M	Sell	29,440 -54,819	-65%	-$2.17M	﹤0.01%	884
2021 Q1	$3.35M	Sell	84,259 -75,067	-47%	-$2.81M	0.01%	577
2020 Q4	$5.22M	Sell	159,326 -20,678	-11%	-$656K	0.02%	487
2020 Q3	$4.72M	Sell	180,004 -38,913	-18%	-$1.07M	0.02%	458
2020 Q2	$5.91M	Sell	218,917 -9,413	-4%	-$240K	0.03%	453
2020 Q1	$5.46M	Buy	228,330 +118,574	+108%	+$3.7M	0.03%	378
2019 Q4	$3.86M	Buy	109,756 +8,968	+9%	+$316K	0.02%	496
2019 Q3	$3.45M	Buy	100,788 +32,834	+48%	+$1.14M	0.01%	544
2019 Q2	$2.47M	Buy	67,954 +60,859	+858%	+$2.2M	0.01%	567
2019 Q1	$236K	Buy	+7,095	New	+$238K	﹤0.01%	1315
2017 Q4	–	Sell	-13,568	Closed	-$485K	–	1646
2017 Q3	$485K	Buy	+13,568	New	+$450K	﹤0.01%	791
2017 Q1	–	Sell	-4,061	Closed	-$130K	–	1697
2016 Q4	$130K	Buy	+4,061	New	+$109K	﹤0.01%	1067