Graham Capital Management’s Shift4 FOUR Stock Holding History

Graham Capital Management’s Portfolio FOUR Stock Details FOUR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-3,719	Closed	-$288K	–	1350
2025 Q3	$288K	Sell	3,719 -7,520	-67%	-$699K	﹤0.01%	882
2025 Q2	$1.11M	Sell	11,239 -52,976	-82%	-$4.62M	0.02%	555
2025 Q1	$5.25M	Hold	64,215	–	–	0.09%	129
2024 Q4	$6.66M	Sell	64,215 -30,300	-32%	-$3.01M	0.1%	87
2024 Q3	$8.37M	Sell	94,515 -18,968	-17%	-$1.44M	0.14%	80
2024 Q2	$8.32M	Buy	+113,483	New	+$7.52M	0.18%	68
2023 Q3	–	Sell	-4,348	Closed	-$295K	–	1111
2023 Q2	$295K	Buy	+4,348	New	+$285K	0.01%	689
2022 Q4	–	Sell	-30,689	Closed	-$1.37M	–	1128
2022 Q3	$1.37M	Buy	30,689 +17,311	+129%	+$727K	0.05%	351
2022 Q2	$442K	Buy	+13,378	New	+$632K	0.02%	708

Other funds holding FOUR

Wasatch Advisors Salt Lake City, Utah $15.3B AUM 25.06% 1-Year Est. Return

DCP

Durable Capital Partners Bethesda, Maryland $10.3B AUM 29.04% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

DPCM

Darlington Partners Capital Management Greenbrae, California $2.27B AUM 18.22% 1-Year Est. Return

Neuberger Berman Group New York $150B AUM 40.08% 1-Year Est. Return

Ensign Peak Advisors Salt Lake City, Utah $60.8B AUM 42.06% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

ClearBridge Investments New York $121B AUM 27.52% 1-Year Est. Return

State Street Boston, Massachusetts $3.38T AUM 44.17% 1-Year Est. Return

Graham Capital Management's FOUR Position: Q4 2025 in Review

Graham Capital Management sold out of Shift4 (FOUR) in Q4 2025, closing a stake of 3,719 shares — an estimated $288K sold.

Graham Capital Management first reported a position in FOUR in Q2 2022 and held it in 9 quarters. The position peaked at $8.37M in Q3 2024. 403 funds tracked by Wall St. Rank hold FOUR as of Q4 2025.

Graham Capital Management reported no remaining Shift4 position as of Q4 2025 after selling out during the quarter.
Graham Capital Management sold 3,719 Shift4 shares in Q4 2025, an estimated $288K.
Graham Capital Management first reported a position in Shift4 in Q2 2022 and held it in 9 quarters.
Graham Capital Management's Shift4 position peaked at $8.37M in Q3 2024.
403 funds tracked by Wall St. Rank held Shift4 as of Q4 2025.

Based on Graham Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.