Mount Lucas Management’s iShares Fallen Angels USD Bond ETF FALN Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$2.13M	Buy	79,636 +7,262	+10%	+$198K	0.79%	33
2025 Q4	$1.98M	Buy	72,374 +2,477	+4%	+$68K	0.87%	34
2025 Q3	$1.94M	Buy	69,897 +2,091	+3%	+$57K	0.88%	32
2025 Q2	$1.84M	Buy	67,806 +467	+0.7%	+$12.3K	0.88%	25
2025 Q1	$1.8M	Sell	67,339 -684	-1%	-$18.4K	0.85%	35
2024 Q4	$1.82M	Buy	68,023 +2,166	+3%	+$58.6K	0.63%	35
2024 Q3	$1.8M	Buy	65,857 +2,535	+4%	+$68.1K	0.61%	41
2024 Q2	$1.66M	Sell	63,322 -2,333	-4%	-$61.5K	0.59%	69
2024 Q1	$1.76M	Buy	65,655 +18,812	+40%	+$500K	0.59%	68
2023 Q4	$1.24M	Sell	46,843 -1,830	-4%	-$46.3K	0.44%	81
2023 Q3	$1.21M	Buy	48,673 +1,286	+3%	+$32.4K	0.46%	77
2023 Q2	$1.2M	Buy	47,387 +12,113	+34%	+$303K	0.43%	74
2023 Q1	$891K	Buy	+35,274	New	+$885K	0.3%	71
2022 Q1	–	Sell	-52,815	Closed	-$1.58M	–	121
2021 Q4	$1.58M	Buy	+52,815	New	+$1.58M	0.45%	71