Horizon Kinetics Asset Management’s Vanguard Short-Term Treasury ETF VGSH Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$5.78M	Sell	98,748 -11,338	-10%	-$666K	0.06%	63
2025 Q4	$6.47M	Sell	110,086 -14,910	-12%	-$876K	0.09%	57
2025 Q3	$7.36M	Sell	124,996 -112,392	-47%	-$6.59M	0.09%	58
2025 Q2	$14M	Sell	237,388 -476	-0.2%	-$27.9K	0.17%	48
2025 Q1	$14M	Buy	237,864 +22,766	+11%	+$1.33M	0.16%	42
2024 Q4	$12.5M	Sell	215,098 -8,401	-4%	-$490K	0.16%	46
2024 Q3	$13.2M	Sell	223,499 -1,917	-0.9%	-$112K	0.2%	43
2024 Q2	$13.1M	Buy	225,416 +8,966	+4%	+$518K	0.23%	43
2024 Q1	$12.6M	Sell	216,450 -4,581	-2%	-$266K	0.24%	46
2023 Q4	$12.9M	Sell	221,031 -1,859	-0.8%	-$107K	0.27%	43
2023 Q3	$12.8M	Buy	222,890 +267	+0.1%	+$15.4K	0.25%	44
2023 Q2	$12.9M	Buy	222,623 +82,664	+59%	+$4.81M	0.28%	46
2023 Q1	$8.19M	Sell	139,959 -316	-0.2%	-$18.3K	0.16%	55
2022 Q4	$8.11M	Buy	140,275 +7,611	+6%	+$440K	0.13%	55
2022 Q3	$7.67M	Sell	132,664 -596	-0.4%	-$34.9K	0.15%	55
2022 Q2	$7.84M	Sell	133,260 -5,851	-4%	-$345K	0.16%	55
2022 Q1	$8.24M	Sell	139,111 -3,499	-2%	-$210K	0.17%	59
2021 Q4	$8.68M	Sell	142,610 -13,947	-9%	-$853K	0.19%	57
2021 Q3	$9.61M	Sell	156,557 -15,427	-9%	-$948K	0.23%	52
2021 Q2	$10.6M	Sell	171,984 -20,473	-11%	-$1.26M	0.22%	51
2021 Q1	$11.8M	Sell	192,457 -11,127	-5%	-$685K	0.27%	37
2020 Q4	$12.5M	Sell	203,584 -12,903	-6%	-$800K	0.42%	35
2020 Q3	$13.4M	Sell	216,487 -37,064	-15%	-$2.3M	0.54%	34
2020 Q2	$15.8M	Sell	253,551 -99,779	-28%	-$6.21M	0.57%	29
2020 Q1	$22M	Sell	353,330 -24,340	-6%	-$1.49M	1%	21
2019 Q4	$23M	Sell	377,670 -4,099	-1%	-$250K	0.65%	22
2019 Q3	$23.3M	Sell	381,769 -5,912	-2%	-$360K	0.71%	21
2019 Q2	$23.6M	Sell	387,681 -405,374	-51%	-$24.5M	0.66%	22
2019 Q1	$47.9M	Buy	+793,055	New	+$47.7M	1.34%	16