Hourglass Capital’s Alliance Resource Partners ARLP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2025 Q2	–	Sell	-15,000	Closed	-$409K	–	107
2025 Q1	$409K	Buy	+15,000	New	+$409K	0.11%	88