Edenbrook Capital’s iShares iBoxx $ High Yield Corporate Bond ETF HYG Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$31.7M	Hold	400,000	–	–	9.86%	5
2025 Q4	$32.3M	Sell	400,000 -850,000	-68%	-$68.5M	6.01%	7
2025 Q3	$101M	Buy	1,250,000 +620,000	+98%	+$50M	17.33%	1
2025 Q2	$50.8M	Buy	630,000 +480,000	+320%	+$37.8M	10.92%	3
2025 Q1	$11.8M	Buy	+150,000	New	+$11.9M	3.45%	10
2024 Q3	–	Sell	-200,000	Closed	-$15.4M	–	15
2024 Q2	$15.4M	Sell	200,000 -100,000	-33%	-$7.69M	5.81%	7
2024 Q1	$23.2M	Hold	300,000	–	–	5.47%	6
2023 Q4	$23.2M	Buy	300,000 +150,000	+100%	+$11.2M	6.37%	7
2023 Q3	$11.1M	Sell	150,000 -250,000	-63%	-$18.7M	2.46%	12
2023 Q2	$30M	Buy	400,000 +275,000	+220%	+$20.5M	5.59%	8
2023 Q1	$9.4M	Sell	125,000 -125,000	-50%	-$9.36M	1.96%	13
2022 Q4	$18.4M	Hold	250,000	–	–	4.35%	11
2022 Q3	$17.8M	Buy	+250,000	New	+$18.9M	4.63%	10
2022 Q2	–	Sell	-5,000	Closed	-$412K	–	21
2022 Q1	$412K	Buy	5,000 +3,750	+300%	+$314K	0.07%	22
2021 Q4	$10.9M	Sell	1,250 -813,750	-100%	-$70.6M	1.55%	17
2021 Q3	$71.3M	Sell	815,000 -58,000	-7%	-$5.09M	7.25%	4
2021 Q2	$76.9M	Sell	873,000 -790,000	-48%	-$69M	7.61%	5
2021 Q1	$145M	Buy	+1,663,000	New	+$145M	13.65%	3