Meritage Portfolio Management’s Federated Hermes FHI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	$971K	Sell	18,645 -1,905	-9%	-$96.7K	0.06%	180
2025 Q3	$1.07M	Sell	20,550 -3,422	-14%	-$174K	0.07%	181
2025 Q2	$1.06M	Buy	23,972 +1,008	+4%	+$41.5K	0.07%	185
2025 Q1	$936K	Buy	22,964 +11,523	+101%	+$450K	0.06%	194
2024 Q4	$470K	Buy	11,441 +1,261	+12%	+$50.9K	0.03%	256
2024 Q3	$374K	Buy	10,180 +870	+9%	+$29.8K	0.02%	283
2024 Q2	$306K	Sell	9,310 -7	-0.1%	-$235	0.02%	292
2024 Q1	$337K	Buy	+9,317	New	+$327K	0.02%	284
2021 Q4	–	Sell	-82,948	Closed	-$2.7M	–	340
2021 Q3	$2.7M	Sell	82,948 -316	-0.4%	-$10.3K	0.16%	140
2021 Q2	$2.82M	Buy	83,264 +470	+0.6%	+$15K	0.17%	151
2021 Q1	$2.59M	Sell	82,794 -7,200	-8%	-$212K	0.17%	152
2020 Q4	$2.6M	Sell	89,994 -2,881	-3%	-$76.7K	0.19%	151
2020 Q3	$2M	Buy	+92,875	New	+$2.2M	0.18%	149
2018 Q1	–	Sell	-163,039	Closed	-$5.88M	–	206
2017 Q4	$5.88M	Sell	163,039 -3,350	-2%	-$109K	0.56%	71
2017 Q3	$4.94M	Sell	166,389 -4,443	-3%	-$125K	0.48%	95
2017 Q2	$4.83M	Sell	170,832 -2,603	-2%	-$69.5K	0.5%	97
2017 Q1	$4.57M	Sell	173,435 -9,860	-5%	-$264K	0.48%	100
2016 Q4	$5.18M	Buy	+183,295	New	+$5.08M	0.57%	79