B&I Capital’s Safehold SAFE Stock Holding History

B&I Capital’s Portfolio SAFE Stock Details SAFE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-126,174	Closed	-$1.95M	–	30
2025 Q3	$1.95M	Sell	126,174 -99,809	-44%	-$1.54M	0.68%	27
2025 Q2	$3.52M	Sell	225,983 -18,420	-8%	-$286K	1.2%	28
2025 Q1	$4.58M	Sell	244,403 -173,100	-41%	-$3.04M	1.49%	26
2024 Q4	$7.72M	Buy	417,503 +179,376	+75%	+$3.9M	2.51%	18
2024 Q3	$6.25M	Sell	238,127 -51,300	-18%	-$1.21M	1.81%	21
2024 Q2	$5.58M	Sell	289,427 -106,059	-27%	-$2.04M	1.79%	20
2024 Q1	$8.15M	Sell	395,486 -6,200	-2%	-$129K	2.58%	17
2023 Q4	$9.4M	Sell	401,686 -14,900	-4%	-$281K	2.96%	13
2023 Q3	$7.42M	Sell	416,586 -1,550	-0.4%	-$33.5K	2.68%	15
2023 Q2	$9.92M	Sell	418,136 -26,100	-6%	-$692K	3.3%	11
2023 Q1	$13M	Buy	+444,236	New	+$22.3M	4.32%	9
2022 Q3	–	Sell	-140,809	Closed	-$9.4M	–	29
2022 Q2	$9.4M	Buy	140,809 +46,154	+49%	+$3.89M	3.04%	14
2022 Q1	$10.8M	Sell	94,655 -2,563	-3%	-$300K	2.82%	10
2021 Q4	$12.2M	Buy	97,218 +49,922	+106%	+$6.09M	2.91%	17
2021 Q3	$5.77M	Buy	+47,296	New	+$5.7M	1.54%	30

Other funds holding SAFE

BlackRock New York $5.7T AUM 30.48% 1-Year Est. Return

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

MSD Capital New York $87.3M AUM 21.75% 1-Year Est. Return

T. Rowe Price Investment Management

T. Rowe Price Investment Management Baltimore, Maryland $145B AUM 22.78% 1-Year Est. Return

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

Geode Capital Management

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

NewEdge Wealth Pittsburgh, Pennsylvania $8.38B AUM 24.47% 1-Year Est. Return

Long Pond Capital New York $978M AUM 16.49% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Algert Global San Francisco, California $6.65B AUM 53.68% 1-Year Est. Return