Horizon Kinetics Asset Management’s Federated Hermes FHI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$486K	Sell	8,569 -87	-1%	-$4.76K	0.01%	225
2025 Q4	$451K	Sell	8,656 -23	-0.3%	-$1.17K	0.01%	233
2025 Q3	$451K	Sell	8,679 -10,175	-54%	-$516K	0.01%	241
2025 Q2	$836K	Sell	18,854 -4,008	-18%	-$165K	0.01%	198
2025 Q1	$932K	Sell	22,862 -2,234	-9%	-$87.2K	0.01%	185
2024 Q4	$1.03M	Sell	25,096 -1,436	-5%	-$58K	0.01%	172
2024 Q3	$976K	Sell	26,532 -1,707	-6%	-$58.5K	0.01%	180
2024 Q2	$928K	Sell	28,239 -7,635	-21%	-$256K	0.02%	167
2024 Q1	$1.3M	Sell	35,874 -1,612	-4%	-$56.6K	0.02%	131
2023 Q4	$1.27M	Sell	37,486 -4,185	-10%	-$136K	0.03%	137
2023 Q3	$1.41M	Sell	41,671 -4,832	-10%	-$166K	0.03%	119
2023 Q2	$1.67M	Sell	46,503 -8,891	-16%	-$344K	0.04%	113
2023 Q1	$2.22M	Buy	+55,394	New	+$2.17M	0.04%	92
2022 Q4	–	Sell	-106,064	Closed	-$3.51M	–	331
2022 Q3	$3.51M	Buy	106,064 +73,818	+229%	+$2.52M	0.07%	68
2022 Q2	$1.02M	Sell	32,246 -600	-2%	-$19K	0.02%	158
2022 Q1	$1.12M	Sell	32,846 -1,568	-5%	-$53.3K	0.02%	164
2021 Q4	$1.29M	Sell	34,414 -1,404	-4%	-$48.7K	0.03%	161
2021 Q3	$1.16M	Sell	35,818 -1,114	-3%	-$36.3K	0.03%	165
2021 Q2	$1.25M	Sell	36,932 -169	-0.5%	-$5.38K	0.03%	164
2021 Q1	$1.16M	Sell	37,101 -647	-2%	-$19K	0.03%	167
2020 Q4	$1.09M	Sell	37,748 -2,402	-6%	-$63.9K	0.04%	162
2020 Q3	$864K	Sell	40,150 -439	-1%	-$10.4K	0.03%	184
2020 Q2	$962K	Buy	+40,589	New	+$899K	0.04%	169