Kensington Asset Management’s VanEck Fallen Angel High Yield Bond ETF ANGL Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$35.7M	Sell	1,244,430 -150,000	-11%	-$4.4M	1.95%	15
2025 Q4	$41M	Buy	1,394,430 +30,560	+2%	+$899K	2.12%	15
2025 Q3	$40.5M	Hold	1,363,870	–	–	2.43%	14
2025 Q2	$39.9M	Sell	1,363,870 -855,856	-39%	-$24.3M	3.02%	10
2025 Q1	$64.1M	Sell	2,219,726 -150,000	-6%	-$4.34M	6.73%	5
2024 Q4	$67.9M	Hold	2,369,726	–	–	3.98%	7
2024 Q3	$68.4M	Buy	2,369,726 +127,626	+6%	+$3.69M	3.75%	7
2024 Q2	$63.5M	Buy	2,242,100 +313,600	+16%	+$8.94M	6.85%	7
2024 Q1	$56M	Buy	1,928,500 +100,000	+5%	+$2.88M	2.8%	8
2023 Q4	$52.6M	Buy	+1,828,500	New	+$50.4M	2.74%	9
2023 Q3	–	Sell	-1,020,000	Closed	-$28.3M	–	7
2023 Q2	$28.3M	Buy	+1,020,000	New	+$28.1M	1.87%	12