Greenbrier Partners Capital Management’s Valhi VHI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2021 Q2	–	Sell	-13,980	Closed	-$287K	–	17
2021 Q1	$287K	Sell	13,980 -12,733	-48%	-$261K	0.03%	16
2020 Q4	$406K	Sell	26,713 -1,172	-4%	-$17.8K	0.04%	15
2020 Q3	$367K	Hold	27,885	–	–	0.04%	15
2020 Q2	$292K	Sell	27,885 -1	-0%	-$10	0.04%	15
2020 Q1	$345K	Hold	27,886	–	–	0.06%	15
2019 Q4	$626K	Sell	27,886 -678	-2%	-$15.2K	0.1%	15
2019 Q3	$651K	Sell	28,564 -169	-0.6%	-$3.85K	0.11%	15
2019 Q2	$1.02M	Hold	28,733	–	–	0.17%	15
2019 Q1	$796K	Hold	28,733	–	–	0.14%	17
2018 Q4	$665K	Hold	28,733	–	–	0.14%	15
2018 Q3	$786K	Hold	28,733	–	–	0.13%	16
2018 Q2	$1.64M	Hold	28,733	–	–	0.29%	16
2018 Q1	$2.09M	Hold	28,733	–	–	0.4%	16
2017 Q4	$2.13M	Hold	28,733	–	–	0.38%	16
2017 Q3	$838K	Hold	28,733	–	–	0.17%	16
2017 Q2	$1.03M	Hold	28,733	–	–	0.22%	16
2017 Q1	$1.13M	Hold	28,733	–	–	0.25%	16
2016 Q4	$1.19M	Hold	28,733	–	–	0.3%	16
2016 Q3	$793K	Hold	28,733	–	–	0.2%	18
2016 Q2	$541K	Hold	28,733	–	–	0.15%	17
2016 Q1	$407K	Hold	28,733	–	–	0.11%	17
2015 Q4	$462K	Hold	28,733	–	–	0.11%	17
2015 Q3	$652K	Hold	28,733	–	–	0.17%	16
2015 Q2	$1.95M	Hold	28,733	–	–	0.48%	16
2015 Q1	$2.15M	Hold	28,733	–	–	0.49%	19
2014 Q4	$2.21M	Hold	28,733	–	–	0.54%	20
2014 Q3	$2.25M	Hold	28,733	–	–	0.58%	21
2014 Q2	$2.21M	Hold	28,733	–	–	0.56%	20
2014 Q1	$3.04M	Hold	28,733	–	–	0.8%	20
2013 Q4	$6.06M	Hold	28,733	–	–	1.63%	18
2013 Q3	$6.88M	Hold	28,733	–	–	2.11%	18
2013 Q2	$4.74M	Buy	+28,733	New	+$4.74M	1.71%	19