NFC Investments’s Alliance Resource Partners ARLP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$1.82M	Sell	65,700 -4,000	-6%	-$104K	0.51%	26
2025 Q4	$1.62M	Sell	69,700 -700	-1%	-$17K	0.46%	27
2025 Q3	$1.78M	Hold	70,400	–	–	0.52%	27
2025 Q2	$1.84M	Hold	70,400	–	–	0.53%	27
2025 Q1	$1.92M	Buy	70,400 +600	+0.9%	+$16K	0.57%	26
2024 Q4	$1.83M	Hold	69,800	–	–	0.51%	27
2024 Q3	$1.75M	Buy	69,800 +1,700	+2%	+$41.1K	0.5%	23
2024 Q2	$1.67M	Hold	68,100	–	–	0.48%	23
2024 Q1	$1.36M	Buy	68,100 +15,100	+28%	+$308K	0.39%	23
2023 Q4	$1.12M	Buy	+53,000	New	+$1.15M	0.35%	23
2018 Q2	–	Sell	-113,643	Closed	-$2M	–	40
2018 Q1	$2M	Sell	113,643 -20,557	-15%	-$390K	0.71%	26
2017 Q4	$2.64M	Buy	134,200 +108,200	+416%	+$2.07M	0.89%	24
2017 Q3	$503K	Buy	+26,000	New	+$497K	0.17%	35