Shannon River Fund Management’s iShares Russell 2000 ETF IWM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-300,000	Closed	-$64.7M	–	24
2025 Q2	$64.7M	Buy	+300,000	New	+$60.4M	8.61%	3
2024 Q4	–	Sell	-2,400	Closed	-$53M	–	24
2024 Q3	$53M	Buy	+2,400	New	+$514K	7.42%	5
2024 Q1	–	Sell	-200,000	Closed	-$40.1M	–	24
2023 Q4	$40.1M	Buy	+200,000	New	+$35.8M	7.33%	4
2021 Q4	–	Sell	-570,000	Closed	-$125M	–	51
2021 Q3	$125M	Buy	+570,000	New	+$126M	8.79%	2
2021 Q2	–	Sell	-200,000	Closed	-$44.2M	–	62
2021 Q1	$44.2M	Buy	+200,000	New	+$43.7M	2.98%	15
2020 Q3	–	Sell	-265,000	Closed	-$37.9M	–	36
2020 Q2	$37.9M	Buy	+265,000	New	+$34.8M	4.97%	6
2020 Q1	–	Sell	-516,500	Closed	-$85.6M	–	30
2019 Q4	$85.6M	Sell	516,500 -83,500	-14%	-$13.2M	11.42%	1
2019 Q3	$90.8M	Sell	600,000 -177,500	-23%	-$27.1M	15.77%	1
2019 Q2	$121M	Buy	+777,500	New	+$120M	19.21%	1
2018 Q4	–	Sell	-1,480,000	Closed	-$249M	–	31
2018 Q3	$249M	Buy	1,480,000 +105,500	+8%	+$17.8M	39.77%	1
2018 Q2	$225M	Buy	+1,374,500	New	+$220M	29.62%	1
2018 Q1	–	Sell	-836,500	Closed	-$128M	–	38
2017 Q4	$128M	Buy	836,500 +831,500	+16,630%	+$125M	30.61%	1
2017 Q3	$742K	Buy	+5,000	New	+$704K	0.24%	28
2016 Q4	–	Sell	-10,000	Closed	-$1.24M	–	39
2016 Q3	$1.24M	Buy	+10,000	New	+$1.22M	0.35%	27
2015 Q3	–	Sell	-1,750,000	Closed	-$218M	–	35
2015 Q2	$218M	Buy	+1,750,000	New	+$219M	21.47%	1
2013 Q4	–	Sell	-3,000,000	Closed	-$319M	–	59
2013 Q3	$319M	Buy	+3,000,000	New	+$310M	22.01%	1