Fox Run Management’s Arcos Dorados Holdings ARCO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$159K	Sell	20,047 -52,771	-72%	-$428K	0.03%	791
2025 Q4	$534K	Sell	72,818 -4,873	-6%	-$35.1K	0.08%	475
2025 Q3	$524K	Sell	77,691 -4,090	-5%	-$29K	0.08%	476
2025 Q2	$645K	Buy	81,781 +18,791	+30%	+$142K	0.11%	357
2025 Q1	$508K	Buy	+62,990	New	+$496K	0.08%	485
2024 Q3	–	Sell	-59,114	Closed	-$532K	–	788
2024 Q2	$532K	Buy	59,114 +19,418	+49%	+$200K	0.1%	383
2024 Q1	$441K	Buy	39,696 +21,804	+122%	+$259K	0.1%	419
2023 Q4	$227K	Buy	+17,892	New	+$192K	0.06%	599
2023 Q3	–	Sell	-16,690	Closed	-$171K	–	695
2023 Q2	$171K	Buy	+16,690	New	+$143K	0.05%	598
2023 Q1	–	Sell	-56,811	Closed	-$475K	–	643
2022 Q4	$475K	Buy	+56,811	New	+$425K	0.19%	194
2022 Q2	–	Sell	-23,538	Closed	-$191K	–	515
2022 Q1	$191K	Buy	+23,538	New	+$162K	0.11%	419
2020 Q1	–	Sell	-12,623	Closed	-$99K	–	127
2019 Q4	$99K	Buy	+12,623	New	+$91.1K	0.08%	358
2018 Q2	–	Sell	-42,198	Closed	-$376K	–	656
2018 Q1	$376K	Buy	42,198 +29,427	+230%	+$276K	0.09%	414
2017 Q4	$129K	Buy	+12,771	New	+$125K	0.04%	614
2017 Q3	–	Sell	-36,591	Closed	-$265K	–	659
2017 Q2	$265K	Buy	+36,591	New	+$296K	0.09%	454
2017 Q1	–	Sell	-18,090	Closed	-$95K	–	562
2016 Q4	$95K	Buy	+18,090	New	+$103K	0.05%	466