Marathon Capital Management’s Sprott Physical Gold and Silver Trust CEF Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$5.74M	Sell	120,375 -4,725	-4%	-$242K	1.29%	24
2025 Q4	$5.73M	Sell	125,100 -1,125	-0.9%	-$45.5K	1.23%	24
2025 Q3	$4.63M	Sell	126,225 -5,750	-4%	-$185K	1.06%	32
2025 Q2	$3.97M	Sell	131,975 -15,250	-10%	-$446K	1.01%	32
2025 Q1	$4.18M	Sell	147,225 -5,750	-4%	-$152K	1.11%	27
2024 Q4	$3.63M	Sell	152,975 -650	-0.4%	-$16.1K	0.91%	31
2024 Q3	$3.76M	Sell	153,625 -1,475	-1%	-$34.1K	0.91%	31
2024 Q2	$3.42M	Sell	155,100 -44,550	-22%	-$982K	0.87%	31
2024 Q1	$4.06M	Sell	199,650 -950	-0.5%	-$18.1K	0.97%	30
2023 Q4	$3.84M	Sell	200,600 -10,400	-5%	-$192K	0.97%	30
2023 Q3	$3.65M	Buy	+211,000	New	+$3.83M	0.92%	30
2023 Q2	–	Sell	-268,100	Closed	-$5.07M	–	158
2023 Q1	$5.07M	Buy	+268,100	New	+$4.81M	1.25%	19
2019 Q4	–	Sell	-189,698	Closed	-$2.69M	–	143
2019 Q3	$2.69M	Buy	189,698 +500	+0.3%	+$7.1K	1.08%	10
2019 Q2	$2.5M	Sell	189,198 -2,400	-1%	-$30K	1.02%	11
2019 Q1	$2.38M	Sell	191,598 -2,900	-1%	-$37K	1.06%	13
2018 Q4	$2.44M	Sell	194,498 -2,125	-1%	-$25.2K	1.21%	9
2018 Q3	$2.3M	Sell	196,623 -1,250	-0.6%	-$15K	0.89%	22
2018 Q2	$2.48M	Sell	197,873 -2,500	-1%	-$33K	0.93%	18
2018 Q1	$2.65M	Buy	200,373 +325	+0.2%	+$4.34K	1.04%	13
2017 Q4	$2.68M	Buy	200,048 +8,798	+5%	+$116K	1.05%	14
2017 Q3	$2.42M	Buy	191,250 +12,950	+7%	+$164K	1.02%	20
2017 Q2	$2.2M	Buy	178,300 +8,875	+5%	+$112K	1.04%	20
2017 Q1	$2.18M	Buy	169,425 +5,650	+3%	+$70.1K	1.08%	16
2016 Q4	$1.85M	Buy	163,775 +71,350	+77%	+$892K	0.89%	19
2016 Q3	$1.28M	Buy	92,425 +15,925	+21%	+$225K	0.64%	32
2016 Q2	$1.06M	Buy	+76,500	New	+$985K	0.55%	33