Denali Advisors’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
2026 Q1	$810K	Hold	58,455	–	–	0.09%	204
2025 Q4	$834K	Buy	+58,455	New	+$881K	0.09%	202
2025 Q2	–	Sell	-43,100	Closed	-$389K	–	308
2025 Q1	$389K	Buy	+43,100	New	+$425K	0.04%	256
2022 Q3	–	Sell	-38,100	Closed	-$454K	–	409
2022 Q2	$454K	Hold	38,100	–	–	0.2%	110
2022 Q1	$596K	Buy	+38,100	New	+$660K	0.23%	106
2021 Q2	–	Sell	-39	Closed	-$1K	–	358
2021 Q1	$1K	Buy	+39	New	+$653	﹤0.01%	361
2016 Q2	–	Sell	-14,800	Closed	-$479K	–	313
2016 Q1	$479K	Sell	14,800 -40,600	-73%	-$1.2M	0.1%	111
2015 Q4	$1.54M	Hold	55,400	–	–	0.35%	73
2015 Q3	$1.32M	Sell	55,400 -42,300	-43%	-$1.17M	0.3%	83
2015 Q2	$3.08M	Buy	97,700 +63,400	+185%	+$2.01M	0.67%	52
2015 Q1	$1.18M	Buy	+34,300	New	+$1.11M	0.27%	97