Mill Road Capital Management’s Natural Gas Services Group NGS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-109,000	Closed	-$3.67M	–	25
2025 Q4	$3.67M	Sell	109,000 -295,745	-73%	-$8.83M	2.18%	13
2025 Q3	$11.3M	Hold	404,745	–	–	5.9%	6
2025 Q2	$10.4M	Hold	404,745	–	–	6.69%	6
2025 Q1	$8.89M	Sell	404,745 -388,054	-49%	-$9.82M	5.04%	9
2024 Q4	$21.2M	Sell	792,799 -128,709	-14%	-$3.02M	10.2%	2
2024 Q3	$17.6M	Hold	921,508	–	–	8.38%	4
2024 Q2	$18.5M	Hold	921,508	–	–	9.88%	3
2024 Q1	$17.9M	Hold	921,508	–	–	7.78%	3
2023 Q4	$14.8M	Hold	921,508	–	–	6.77%	4
2023 Q3	$13.4M	Buy	921,508 +9,100	+1%	+$99.1K	7.06%	5
2023 Q2	$9.03M	Buy	912,408 +1,500	+0.2%	+$15.5K	4.89%	7
2023 Q1	$9.39M	Buy	910,908 +88,900	+11%	+$979K	4.83%	8
2022 Q4	$9.42M	Buy	822,008 +116,149	+16%	+$1.27M	5.21%	7
2022 Q3	$7.09M	Sell	705,859 -7,926	-1%	-$81.4K	3.76%	10
2022 Q2	$7.85M	Sell	713,785 -146,147	-17%	-$1.87M	3.77%	12
2022 Q1	$10.2M	Sell	859,932 -61,537	-7%	-$710K	3.86%	9
2021 Q4	$9.65M	Hold	921,469	–	–	3.21%	10
2021 Q3	$9.56M	Hold	921,469	–	–	3.14%	11
2021 Q2	$9.47M	Buy	921,469 +38,300	+4%	+$383K	3.2%	10
2021 Q1	$8.34M	Buy	883,169 +43,739	+5%	+$416K	2.85%	10
2020 Q4	$7.96M	Buy	+839,430	New	+$8.43M	3.31%	11