Altai Capital Management’s Digimarc Corp DMRC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$13.6M	Hold	2,769,346	–	–	38.92%	1
2025 Q4	$18.2M	Hold	2,769,346	–	–	46.03%	1
2025 Q3	$27.1M	Hold	2,769,346	–	–	53.31%	1
2025 Q2	$36.6M	Hold	2,769,346	–	–	66.44%	1
2025 Q1	$35.5M	Hold	2,769,346	–	–	61.52%	1
2024 Q4	$104M	Hold	2,769,346	–	–	80.18%	1
2024 Q3	$74.4M	Buy	2,769,346 +21,533	+0.8%	+$635K	69.06%	1
2024 Q2	$85.2M	Sell	2,747,813 -134,873	-5%	-$3.43M	71.78%	1
2024 Q1	$78.4M	Buy	2,882,686 +2,857	+0.1%	+$98.9K	37.36%	2
2023 Q4	$104M	Hold	2,879,829	–	–	48.3%	1
2023 Q3	$93.6M	Hold	2,879,829	–	–	72.24%	1
2023 Q2	$84.8M	Hold	2,879,829	–	–	64.21%	1
2023 Q1	$56.6M	Hold	2,879,829	–	–	49.37%	1
2022 Q4	$53.2M	Hold	2,879,829	–	–	50.52%	1
2022 Q3	$39M	Buy	2,879,829 +92,484	+3%	+$1.5M	39.56%	1
2022 Q2	$39.4M	Buy	2,787,345 +1,758,054	+171%	+$36.3M	28.93%	1
2022 Q1	$27.1M	Buy	1,029,291 +40,000	+4%	+$1.2M	18.39%	3
2021 Q4	$39.1M	Buy	989,291 +68,291	+7%	+$2.96M	23.47%	4
2021 Q3	$31.7M	Buy	921,000 +175,639	+24%	+$5.19M	23.27%	3
2021 Q2	$25M	Buy	745,361 +555,276	+292%	+$18.3M	20.3%	3
2021 Q1	$5.64M	Buy	+190,085	New	+$7.54M	4.76%	5

Other funds holding DMRC