Belpointe Asset Management’s Hercules Capital HTGC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-16,522	Closed	-$312K	–	1062
2025 Q3	$312K	Buy	+16,522	New	+$317K	0.01%	784
2023 Q2	–	Sell	-18,999	Closed	-$245K	–	1794
2023 Q1	$245K	Buy	18,999 +176	+0.9%	+$2.46K	0.01%	839
2022 Q4	$249K	Buy	18,823 +3,773	+25%	+$51.3K	0.02%	793
2022 Q3	$174K	Buy	15,050 +4,227	+39%	+$60.3K	0.01%	894
2022 Q2	$146K	Sell	10,823 -1,958	-15%	-$30.6K	0.01%	950
2022 Q1	$231K	Buy	12,781 +1,102	+9%	+$19.4K	0.01%	850
2021 Q4	$194K	Buy	11,679 +16	+0.1%	+$271	0.01%	913
2021 Q3	$193K	Buy	11,663 +15	+0.1%	+$255	0.01%	873
2021 Q2	$199K	Sell	11,648 -1,186	-9%	-$20.3K	0.01%	836
2021 Q1	$206K	Buy	12,834 +14	+0.1%	+$217	0.02%	740
2020 Q4	$185K	Buy	12,820 +16	+0.1%	+$204	0.02%	725
2020 Q3	$148K	Sell	12,804 -4,333	-25%	-$48.2K	0.02%	646
2020 Q2	$180K	Buy	17,137 +16	+0.1%	+$162	0.02%	553
2020 Q1	$131K	Buy	17,121 +3,767	+28%	+$49.2K	0.02%	538
2019 Q4	$187K	Buy	+13,354	New	+$186K	0.02%	561