Bayesian Capital Management’s Sally Beauty Holdings SBH Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-12,100	Closed	-$197K	–	470
2025 Q3	$197K	Sell	12,100 -1,300	-10%	-$16.3K	0.04%	465
2025 Q2	$124K	Sell	13,400 -53,100	-80%	-$458K	0.02%	488
2025 Q1	$600K	Buy	+66,500	New	+$655K	0.1%	265
2024 Q4	–	Sell	-28,785	Closed	-$391K	–	959
2024 Q3	$391K	Buy	+28,785	New	+$342K	0.05%	426
2024 Q1	–	Sell	-25,058	Closed	-$333K	–	1081
2023 Q4	$333K	Buy	+25,058	New	+$243K	0.04%	473
2023 Q3	–	Sell	-13,958	Closed	-$172K	–	958
2023 Q2	$172K	Buy	+13,958	New	+$177K	0.02%	653
2023 Q1	–	Sell	-18,697	Closed	-$234K	–	1055
2022 Q4	$234K	Buy	+18,697	New	+$230K	0.03%	553
2022 Q3	–	Sell	-20,900	Closed	-$249K	–	983
2022 Q2	$249K	Buy	+20,900	New	+$304K	0.05%	539
2022 Q1	–	Sell	-26,200	Closed	-$484K	–	906
2021 Q4	$484K	Buy	+26,200	New	+$478K	0.15%	182
2020 Q4	–	Sell	-22,652	Closed	-$197K	–	646
2020 Q3	$197K	Buy	+22,652	New	+$273K	0.05%	442
2020 Q2	–	Sell	-36,500	Closed	-$295K	–	746
2020 Q1	$295K	Sell	36,500 -12,085	-25%	-$160K	0.06%	457
2019 Q4	$887K	Buy	+48,585	New	+$845K	0.15%	195
2019 Q2	–	Sell	-11,100	Closed	-$204K	–	660
2019 Q1	$204K	Buy	+11,100	New	+$198K	0.04%	469
2018 Q2	–	Sell	-27,400	Closed	-$451K	–	710
2018 Q1	$451K	Buy	+27,400	New	+$470K	0.11%	291
2017 Q4	–	Sell	-15,300	Closed	-$300K	–	700
2017 Q3	$300K	Buy	15,300 +537	+4%	+$10.6K	0.07%	364
2017 Q2	$299K	Buy	+14,763	New	+$285K	0.11%	290
2016 Q2	–	Sell	-17,100	Closed	-$554K	–	528
2016 Q1	$554K	Buy	17,100 +3,500	+26%	+$104K	0.52%	27
2015 Q4	$379K	Buy	+13,600	New	+$341K	0.54%	58