Telemark Asset Management’s HEICO HEI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2025 Q2	$45.9M	Hold	140,000	–	–	4.17%	3
2025 Q1	$37.4M	Hold	140,000	–	–	4.89%	5
2024 Q4	$33.3M	Hold	140,000	–	–	3.32%	4
2024 Q3	$36.6M	Hold	140,000	–	–	3.7%	6
2024 Q2	$31.3M	Hold	140,000	–	–	2.72%	6
2024 Q1	$26.7M	Hold	140,000	–	–	2.76%	6
2023 Q4	$25M	Hold	140,000	–	–	3.73%	5
2023 Q3	$22.7M	Hold	140,000	–	–	3.44%	9
2023 Q2	$24.8M	Hold	140,000	–	–	3.36%	11
2023 Q1	$23.9M	Sell	140,000 -10,000	-7%	-$1.71M	3.56%	11
2022 Q4	$23M	Hold	150,000	–	–	3.5%	12
2022 Q3	$21.6M	Hold	150,000	–	–	3.39%	10
2022 Q2	$19.7M	Sell	150,000 -75,000	-33%	-$9.83M	3.33%	12
2022 Q1	$34.5M	Hold	225,000	–	–	3.05%	6
2021 Q4	$32.5M	Hold	225,000	–	–	2.32%	11
2021 Q3	$29.7M	Hold	225,000	–	–	2.15%	12
2021 Q2	$31.4M	Hold	225,000	–	–	2.5%	7
2021 Q1	$28.3M	Hold	225,000	–	–	2.4%	12
2020 Q4	$29.8M	Hold	225,000	–	–	3.09%	6
2020 Q3	$23.5M	Buy	225,000 +50,000	+29%	+$5.23M	2.85%	8
2020 Q2	$17.4M	Sell	175,000 -125,000	-42%	-$12.5M	2.76%	8
2020 Q1	$21M	Buy	300,000 +50,000	+20%	+$3.51M	5.02%	3
2019 Q4	$25.5M	Buy	250,000 +25,000	+11%	+$2.55M	3.69%	4
2019 Q3	$24.7M	Hold	225,000	–	–	3.86%	8
2019 Q2	$26.2M	Buy	225,000 +125,000	+125%	+$14.6M	3%	16
2019 Q1	$9.49M	Sell	100,000 -75,000	-43%	-$7.12M	1.2%	27
2018 Q4	$11.7M	Buy	+175,000	New	+$11.7M	2.41%	17
2015 Q3	–	Sell	-610,354	Closed	-$14.6M	–	27
2015 Q2	$14.6M	Hold	610,354	–	–	3.85%	10
2015 Q1	$15.3M	Buy	+610,354	New	+$15.3M	4.27%	11