Acuitas Investments’s Tejon Ranch TRC Stock Holding History

Acuitas Investments’s Portfolio TRC Stock Details TRC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-113,163	Closed	-$1.92M	–	59
2025 Q2	$1.92M	Sell	113,163 -91,516	-45%	-$1.51M	1.53%	31
2025 Q1	$3.24M	Hold	204,679	–	–	2.76%	14
2024 Q4	$3.25M	Sell	204,679 -27,873	-12%	-$450K	2.67%	13
2024 Q3	$4.08M	Hold	232,552	–	–	1.82%	12
2024 Q2	$3.97M	Hold	232,552	–	–	2.12%	8
2024 Q1	$3.58M	Sell	232,552 -26,304	-10%	-$426K	1.81%	14
2023 Q4	$4.45M	Hold	258,856	–	–	2.33%	3
2023 Q3	$4.2M	Hold	258,856	–	–	2.47%	5
2023 Q2	$4.45M	Buy	258,856 +11,054	+4%	+$192K	2.59%	3
2023 Q1	$4.53M	Sell	247,802 -21,355	-8%	-$410K	4.68%	4
2022 Q4	$5.07M	Sell	269,157 -48,895	-15%	-$853K	5.12%	2
2022 Q3	$4.58M	Sell	318,052 -23,154	-7%	-$367K	4.75%	4
2022 Q2	$5.3M	Hold	341,206	–	–	5.11%	1
2022 Q1	$6.23M	Buy	341,206 +32,985	+11%	+$576K	5.86%	1
2021 Q4	$5.88M	Hold	308,221	–	–	2.5%	6
2021 Q3	$5.47M	Buy	308,221 +42,580	+16%	+$757K	2.39%	7
2021 Q2	$4.04M	Buy	265,641 +126,359	+91%	+$1.96M	2.02%	8
2021 Q1	$2.33M	Sell	139,282 -19,929	-13%	-$329K	1.34%	33
2020 Q4	$2.3M	Sell	159,211 -31,493	-17%	-$459K	1.49%	29
2020 Q3	$2.7M	Buy	+190,704	New	+$2.75M	1.89%	22

Other funds holding TRC

TowerView LLC New York $155M AUM 30.14% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Horizon Kinetics Asset Management New York $9.23B AUM 27.52% 1-Year Est. Return

Dimensional Fund Advisors

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Bulldog Investors Saddle Brook, New Jersey $445M AUM 2.55% 1-Year Est. Return

GAMCO Investors Greenwich, Connecticut $10.2B AUM 30.27% 1-Year Est. Return

Geode Capital Management

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Foundation Resource Management Little Rock, Arkansas $889M AUM 43.87% 1-Year Est. Return