Sand Hill Global Advisors’s iShares US Real Estate ETF IYR Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$17.5M	Buy	185,028 +1,227	+0.7%	+$119K	0.59%	26
2025 Q4	$17.3M	Buy	183,801 +26,150	+17%	+$2.49M	0.6%	25
2025 Q3	$15.3M	Buy	157,651 +11,723	+8%	+$1.13M	0.54%	28
2025 Q2	$13.8M	Sell	145,928 -54	-0%	-$5.04K	0.51%	29
2025 Q1	$14M	Sell	145,982 -7,306	-5%	-$695K	0.58%	29
2024 Q4	$14.3M	Sell	153,288 -10,054	-6%	-$991K	0.6%	26
2024 Q3	$16.6M	Sell	163,342 -352	-0.2%	-$33.9K	0.7%	24
2024 Q2	$14.4M	Buy	163,694 +6,460	+4%	+$554K	0.65%	25
2024 Q1	$14.1M	Sell	157,234 -2,697	-2%	-$238K	0.67%	27
2023 Q4	$14.6M	Buy	159,931 +149,519	+1,436%	+$12.2M	0.7%	27
2023 Q3	$814K	Buy	+10,412	New	+$887K	0.04%	98
2023 Q1	–	Sell	-6,858	Closed	-$577K	–	161
2022 Q4	$577K	Sell	6,858 -1,585	-19%	-$133K	0.03%	118
2022 Q3	$687K	Buy	+8,443	New	+$799K	0.04%	104