Horizon Kinetics Asset Management’s West Fraser Timber WFG Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-296,006	Closed	-$20.1M	–	341
2025 Q3	$20.1M	Sell	296,006 -8,832	-3%	-$645K	0.25%	41
2025 Q2	$22.3M	Buy	304,838 +16,206	+6%	+$1.2M	0.27%	39
2025 Q1	$22.2M	Buy	288,632 +7,265	+3%	+$598K	0.25%	36
2024 Q4	$24.4M	Buy	281,367 +44,424	+19%	+$4.16M	0.3%	34
2024 Q3	$23.1M	Sell	236,943 -233	-0.1%	-$20K	0.35%	33
2024 Q2	$18.2M	Buy	237,176 +25,695	+12%	+$2.04M	0.32%	36
2024 Q1	$18.3M	Sell	211,481 -58,341	-22%	-$4.77M	0.35%	36
2023 Q4	$23.1M	Sell	269,822 -87,094	-24%	-$6.45M	0.48%	28
2023 Q3	$25.9M	Sell	356,916 -53,887	-13%	-$4.24M	0.51%	28
2023 Q2	$35.3M	Sell	410,803 -43,920	-10%	-$3.31M	0.76%	26
2023 Q1	$32.4M	Sell	454,723 -28,058	-6%	-$2.16M	0.62%	28
2022 Q4	$34.9M	Sell	482,781 -11,231	-2%	-$856K	0.58%	26
2022 Q3	$35.8M	Sell	494,012 -44,026	-8%	-$3.82M	0.72%	24
2022 Q2	$41.3M	Buy	538,038 +78,926	+17%	+$6.65M	0.87%	22
2022 Q1	$37.8M	Buy	459,112 +107,581	+31%	+$10.1M	0.76%	24
2021 Q4	$33.5M	Buy	351,531 +52,525	+18%	+$4.54M	0.74%	24
2021 Q3	$25.2M	Buy	299,006 +33,519	+13%	+$2.5M	0.59%	27
2021 Q2	$19M	Buy	265,487 +201,028	+312%	+$15.4M	0.39%	35
2021 Q1	$4.64M	Buy	+64,459	New	+$4.33M	0.11%	65