Grandeur Peak Global Advisors’s Ulta Beauty ULTA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-664	Closed	-$311K	–	115
2025 Q2	$311K	Sell	664 -1,493	-69%	-$617K	0.04%	95
2025 Q1	$791K	Sell	2,157 -1,321	-38%	-$503K	0.09%	92
2024 Q4	$1.51M	Sell	3,478 -8,649	-71%	-$3.35M	0.13%	94
2024 Q3	$4.72M	Buy	+12,127	New	+$4.55M	0.39%	66
2023 Q2	–	Sell	-107	Closed	-$58.4K	–	119
2023 Q1	$58.4K	Sell	107 -939	-90%	-$482K	﹤0.01%	110
2022 Q4	$491K	Sell	1,046 -798	-43%	-$344K	0.03%	98
2022 Q3	$740K	Sell	1,844 -2,234	-55%	-$900K	0.05%	94
2022 Q2	$1.57M	Sell	4,078 -26,033	-86%	-$10.3M	0.1%	77
2022 Q1	$12M	Buy	30,111 +505	+2%	+$190K	0.57%	43
2021 Q4	$12.2M	Sell	29,606 -1,193	-4%	-$463K	0.56%	35
2021 Q3	$11.1M	Buy	30,799 +1,000	+3%	+$361K	0.53%	38
2021 Q2	$10.3M	Buy	29,799 +2,919	+11%	+$957K	0.49%	38
2021 Q1	$8.31M	Buy	26,880 +1,925	+8%	+$598K	0.45%	42
2020 Q4	$7.17M	Buy	24,955 +925	+4%	+$234K	0.41%	45
2020 Q3	$5.38M	Buy	24,030 +3,243	+16%	+$698K	0.36%	53
2020 Q2	$4.23M	Sell	20,787 -625	-3%	-$134K	0.33%	52
2020 Q1	$3.76M	Buy	+21,412	New	+$5.34M	0.4%	52
2017 Q4	–	Sell	-1,150	Closed	-$260K	–	103
2017 Q3	$260K	Buy	+1,150	New	+$277K	0.04%	90