BDT Capital Partners’s Under Armour Class C UA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$377M	Hold	65,050,733	–	–	10.73%	2
2025 Q4	$312M	Hold	65,050,733	–	–	9.83%	2
2025 Q3	$314M	Buy	65,050,733 +2,586,854	+4%	+$14.5M	100%	1
2025 Q2	$405M	Buy	62,463,879 +2,898,561	+5%	+$17.1M	100%	1
2025 Q1	$354M	Buy	59,565,318 +7,149,056	+14%	+$48.7M	100%	1
2024 Q4	$391M	Sell	52,416,262 -7,583,738	-13%	-$63.3M	100%	1
2024 Q3	$502M	Buy	60,000,000 +161,901	+0.3%	+$1.16M	100%	1
2024 Q2	$391M	Buy	59,838,099 +6,884,162	+13%	+$45.6M	99.99%	1
2024 Q1	$378M	Buy	52,953,937 +10,000,000	+23%	+$76.6M	99.98%	1
2023 Q4	$359M	Buy	42,953,937 +7,919,165	+23%	+$57.3M	99.98%	1
2023 Q3	$224M	Buy	35,034,772 +1,767,942	+5%	+$12.2M	80.54%	1
2023 Q2	$223M	Buy	33,266,830 +25,822,946	+347%	+$190M	66.68%	1
2023 Q1	$63.5M	Buy	+7,443,884	New	+$68.4M	22.19%	2