Caption Management’s iShares Biotechnology ETF IBB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-74,000	Closed	-$12.5M	–	1933
2025 Q4	$12.5M	Sell	74,000 -4,500	-6%	-$731K	0.55%	281
2025 Q3	$11.3M	Buy	+78,500	New	+$10.7M	0.66%	248
2025 Q1	–	Sell	-2,000	Closed	-$264K	–	1910
2024 Q4	$264K	Hold	2,000	–	–	0.01%	1218
2024 Q3	$291K	Hold	2,000	–	–	0.03%	1016
2024 Q2	$275K	Buy	+2,000	New	+$267K	0.03%	916
2024 Q1	–	Sell	-3,100	Closed	-$421K	–	1582
2023 Q4	$421K	Buy	+3,100	New	+$378K	0.05%	1005
2021 Q1	–	Hold	0	–	–	–	1358
2020 Q4	–	Hold	0	–	–	–	1211
2020 Q3	–	Hold	0	–	–	–	1247
2020 Q2	–	Hold	0	–	–	–	1157
2020 Q1	–	Hold	0	–	–	–	1046
2019 Q4	–	Hold	0	–	–	–	1004
2018 Q2	–	Hold	0	–	–	–	464
2018 Q1	–	Hold	0	–	–	–	301