Mount Lucas Management’s Norwegian Cruise Line NCLH Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-27,934	Closed	-$623K	–	190
2025 Q4	$623K	Sell	27,934 -240	-0.9%	-$5.07K	0.28%	137
2025 Q3	$694K	Sell	28,174 -827	-3%	-$20.1K	0.31%	125
2025 Q2	$588K	Sell	29,001 -8,136	-22%	-$146K	0.28%	129
2025 Q1	$704K	Buy	37,137 +18,937	+104%	+$456K	0.33%	103
2024 Q4	$468K	Sell	18,200 -3,855	-17%	-$97.4K	0.16%	107
2024 Q3	$452K	Buy	22,055 +516	+2%	+$9.37K	0.15%	125
2024 Q2	$405K	Sell	21,539 -27,645	-56%	-$485K	0.14%	124
2024 Q1	$1.03M	Sell	49,184 -4,398	-8%	-$80K	0.34%	83
2023 Q4	$1.07M	Buy	53,582 +23,913	+81%	+$384K	0.38%	85
2023 Q3	$489K	Sell	29,669 -3,825	-11%	-$70.6K	0.19%	109
2023 Q2	$729K	Buy	+33,494	New	+$513K	0.26%	101