Masters Capital Management’s Transocean RIG Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$6.63M	Sell	1,000,000 -1,000,000	-50%	-$5.63M	0.98%	73
2025 Q4	$8.26M	Hold	2,000,000	–	–	1.14%	66
2025 Q3	$6.24M	Buy	+2,000,000	New	+$6.03M	1%	68
2025 Q1	–	Sell	-5,000,000	Closed	-$18.8M	–	109
2024 Q4	$18.8M	Buy	5,000,000 +1,000,000	+25%	+$4.15M	3.2%	38
2024 Q3	$17M	Buy	4,000,000 +2,000,000	+100%	+$9.86M	3.27%	35
2024 Q2	$10.7M	Sell	2,000,000 -2,000,000	-50%	-$11.6M	1.92%	48
2024 Q1	$25.1M	Buy	4,000,000 +2,000,000	+100%	+$10.9M	4.74%	30
2023 Q4	$12.7M	Buy	+2,000,000	New	+$13.4M	2.23%	42
2022 Q4	–	Sell	-4,000,000	Closed	-$9.88M	–	66
2022 Q3	$9.88M	Buy	4,000,000 +2,000,000	+100%	+$6.4M	2.93%	30
2022 Q2	$6.66M	Buy	+2,000,000	New	+$8.1M	1.39%	47
2021 Q3	–	Sell	-2,000,000	Closed	-$9.04M	–	97
2021 Q2	$9.04M	Buy	2,000,000 +1,000,000	+100%	+$3.79M	1.46%	54
2021 Q1	$3.55M	Buy	+1,000,000	New	+$3.48M	0.65%	53
2020 Q1	–	Sell	-667,000	Closed	-$4.59M	–	92
2019 Q4	$4.59M	Sell	667,000 -545,400	-45%	-$2.81M	1.54%	47
2019 Q3	$5.42M	Buy	+1,212,400	New	+$6.43M	1.88%	52
2019 Q2	–	Sell	-1,721,000	Closed	-$15M	–	92
2019 Q1	$15M	Sell	1,721,000 -279,000	-14%	-$2.39M	2.73%	34
2018 Q4	$13.9M	Buy	2,000,000 +500,000	+33%	+$5.1M	3.02%	38
2018 Q3	$20.9M	Buy	+1,500,000	New	+$18.6M	2.84%	45