Santa Monica Partners’s Balchem Corporation BCPC Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2025 Q2	$19.1M	Hold	120,014	–	–	11.14%	3
2025 Q1	$19.9M	Sell	120,014 -78,590	-40%	-$13M	10.91%	3
2024 Q4	$32.4M	Hold	198,604	–	–	17.48%	3
2024 Q3	$35M	Hold	198,604	–	–	20.59%	3
2024 Q2	$30.6M	Hold	198,604	–	–	20.53%	3
2024 Q1	$30.8M	Sell	198,604 -4,400	-2%	-$682K	21.28%	3
2023 Q4	$30.2M	Hold	203,004	–	–	22.34%	2
2023 Q3	$25.2M	Hold	203,004	–	–	19.44%	3
2023 Q2	$27.4M	Hold	203,004	–	–	22.19%	2
2023 Q1	$25.7M	Sell	203,004 -8,200	-4%	-$1.04M	20.83%	3
2022 Q4	$25.8M	Sell	211,204 -106,927	-34%	-$13.1M	18.66%	3
2022 Q3	$38.7M	Hold	318,131	–	–	29%	1
2022 Q2	$41.3M	Hold	318,131	–	–	30.89%	1
2022 Q1	$43.5M	Sell	318,131 -35,300	-10%	-$4.83M	30.49%	1
2021 Q4	$59.6M	Sell	353,431 -50,635	-13%	-$8.54M	37.96%	1
2021 Q3	$58.6M	Hold	404,066	–	–	37.97%	1
2021 Q2	$53M	Hold	404,066	–	–	33.09%	1
2021 Q1	$50.7M	Sell	404,066 -21,620	-5%	-$2.71M	32.61%	1
2020 Q4	$49M	Hold	425,686	–	–	36.25%	1
2020 Q3	$41.6M	Hold	425,686	–	–	37.18%	1
2020 Q2	$40.4M	Hold	425,686	–	–	27.96%	1
2020 Q1	$42M	Sell	425,686 -11,150	-3%	-$1.1M	43.58%	1
2019 Q4	$44.4M	Hold	436,836	–	–	37.02%	1
2019 Q3	$43.3M	Hold	436,836	–	–	37.35%	1
2019 Q2	$43.7M	Hold	436,836	–	–	36.63%	1
2019 Q1	$40.5M	Hold	436,836	–	–	36.61%	1
2018 Q4	$34.2M	Hold	436,836	–	–	37.33%	1
2018 Q3	$49M	Sell	436,836 -3,000	-0.7%	-$336K	39.89%	1
2018 Q2	$42.9M	Hold	439,836	–	–	40.19%	1
2018 Q1	$35.5M	Sell	439,836 -100,464	-19%	-$8.1M	38.34%	1
2017 Q4	$43.5M	Buy	+540,300	New	+$43.5M	39.32%	1