Nantahala Capital Management’s Fortress Biotech FBIO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-325,520	Closed	-$605K	–	163
2025 Q2	$605K	Hold	325,520	–	–	0.04%	145
2025 Q1	$508K	Buy	325,520 +200,000	+159%	+$353K	0.04%	132
2024 Q4	$254K	Sell	125,520 -27,632	-18%	-$50.1K	0.02%	131
2024 Q3	$221K	Hold	153,152	–	–	0.02%	129
2024 Q2	$262K	Sell	153,152 -125,000	-45%	-$227K	0.03%	120
2024 Q1	$556K	Sell	278,152 -94,410	-25%	-$188K	0.05%	107
2023 Q4	$1.12M	Sell	372,562 -28,652	-7%	-$75.8K	0.11%	105
2023 Q3	$1.75M	Sell	401,214 -24,833	-6%	-$170K	0.22%	92
2023 Q2	$3.51M	Sell	426,047 -35,145	-8%	-$348K	0.43%	61
2023 Q1	$5.67M	Sell	461,192 -70,012	-13%	-$834K	0.54%	46
2022 Q4	$5.22M	Sell	531,204 -19,666	-4%	-$218K	0.47%	49
2022 Q3	$7.11M	Sell	550,870 -33,040	-6%	-$495K	0.7%	48
2022 Q2	$7.36M	Sell	583,910 -5,592	-0.9%	-$82.9K	0.64%	52
2022 Q1	$12M	Sell	589,502 -16,232	-3%	-$444K	0.83%	39
2021 Q4	$22.7M	Buy	605,734 +63,014	+12%	+$2.81M	1.41%	35
2021 Q3	$26.2M	Buy	542,720 +40,775	+8%	+$1.99M	1.55%	32
2021 Q2	$26.9M	Sell	501,945 -71,568	-12%	-$4.32M	1.48%	30
2021 Q1	$30.4M	Sell	573,513 -5,214	-0.9%	-$294K	1.73%	29
2020 Q4	$27.5M	Buy	578,727 +30,398	+6%	+$1.32M	1.42%	29
2020 Q3	$33.2M	Buy	548,329 +253,333	+86%	+$12.9M	2.22%	23
2020 Q2	$11.9M	Buy	294,996 +173,076	+142%	+$6.43M	0.77%	58
2020 Q1	$3.46M	Buy	121,920 +94,773	+349%	+$3.15M	0.28%	82
2019 Q4	$1.05M	Buy	27,147 +4,706	+21%	+$121K	0.07%	84
2019 Q3	$475K	Buy	+22,441	New	+$528K	0.03%	92
2014 Q2	–	Sell	-58,181	Closed	-$1.73M	–	103
2014 Q1	$1.73M	Hold	58,181	–	–	0.58%	76
2013 Q4	$2.29M	Buy	+58,181	New	+$2.25M	0.84%	66