Tortoise Investment Management’s Invesco MSCI Global Timber ETF CUT Stock Holding History

Tortoise Investment Management’s Portfolio CUT Stock Details CUT Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-650	Closed	-$19.2K	–	508
2025 Q3	$19.2K	Hold	650	–	–	﹤0.01%	525
2025 Q2	$19.5K	Hold	650	–	–	﹤0.01%	508
2025 Q1	$20K	Hold	650	–	–	﹤0.01%	494
2024 Q4	$20.6K	Hold	650	–	–	﹤0.01%	540
2024 Q3	$23.2K	Hold	650	–	–	﹤0.01%	532
2024 Q2	$21.2K	Hold	650	–	–	﹤0.01%	521
2024 Q1	$22.1K	Hold	650	–	–	﹤0.01%	497
2023 Q4	$20.8K	Hold	650	–	–	﹤0.01%	473
2023 Q3	$19.6K	Hold	650	–	–	﹤0.01%	465
2023 Q2	$19.2K	Hold	650	–	–	﹤0.01%	470
2023 Q1	$19.4K	Hold	650	–	–	﹤0.01%	465
2022 Q4	$19.7K	Hold	650	–	–	﹤0.01%	458
2022 Q3	$18K	Hold	650	–	–	﹤0.01%	459
2022 Q2	$20K	Buy	650 +350	+117%	+$12K	﹤0.01%	429
2022 Q1	$11K	Hold	300	–	–	﹤0.01%	490
2021 Q4	$11K	Hold	300	–	–	﹤0.01%	468
2021 Q3	$11K	Hold	300	–	–	﹤0.01%	456
2021 Q2	$11K	Hold	300	–	–	﹤0.01%	449
2021 Q1	$11K	Hold	300	–	–	﹤0.01%	426
2020 Q4	$10K	Hold	300	–	–	﹤0.01%	413
2020 Q3	$8K	Hold	300	–	–	﹤0.01%	401
2020 Q2	$7K	Hold	300	–	–	﹤0.01%	396
2020 Q1	$6K	Hold	300	–	–	﹤0.01%	422
2019 Q4	$9K	Hold	300	–	–	﹤0.01%	419
2019 Q3	$8K	Hold	300	–	–	﹤0.01%	430
2019 Q2	$8K	Hold	300	–	–	﹤0.01%	453
2019 Q1	$8K	Hold	300	–	–	﹤0.01%	431
2018 Q4	$7K	Hold	300	–	–	﹤0.01%	419
2018 Q3	$10K	Hold	300	–	–	﹤0.01%	399
2018 Q2	$10K	Hold	300	–	–	﹤0.01%	401
2018 Q1	$10K	Sell	300 -175	-37%	-$5.7K	﹤0.01%	380
2017 Q4	$15K	Sell	475 -1,410	-75%	-$43.9K	﹤0.01%	347
2017 Q3	$57K	Hold	1,885	–	–	0.02%	213
2017 Q2	$54K	Hold	1,885	–	–	0.02%	206
2017 Q1	$50K	Hold	1,885	–	–	0.02%	201
2016 Q4	$47K	Sell	1,885 -1,985	-51%	-$49K	0.02%	203
2016 Q3	$96K	Hold	3,870	–	–	0.03%	142
2016 Q2	$88K	Sell	3,870 -375	-9%	-$8.66K	0.03%	154
2016 Q1	$98K	Sell	4,245 -4,565	-52%	-$97.5K	0.04%	137
2015 Q4	$208K	Sell	8,810 -16,450	-65%	-$402K	0.07%	106
2015 Q3	$565K	Buy	25,260 +4,065	+19%	+$99.3K	0.21%	67
2015 Q2	$540K	Buy	21,195 +950	+5%	+$24.9K	0.2%	73
2015 Q1	$519K	Hold	20,245	–	–	0.2%	70
2014 Q4	$491K	Buy	20,245 +7,800	+63%	+$188K	0.2%	70
2014 Q3	$293K	Sell	12,445 -1,525	-11%	-$37.4K	0.12%	86
2014 Q2	$352K	Sell	13,970 -4,180	-23%	-$105K	0.15%	74
2014 Q1	$459K	Buy	+18,150	New	+$462K	0.21%	66
2013 Q4	–	Sell	-10,650	Closed	-$260K	–	347
2013 Q3	$260K	Hold	10,650	–	–	0.16%	75
2013 Q2	$231K	Buy	+10,650	New	+$239K	0.15%	75

Other funds holding CUT

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Citadel Advisors Miami, Florida $618B AUM 30.34% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

AFG

Albion Financial Group Salt Lake City, Utah $1.73B AUM 20.99% 1-Year Est. Return

FTUS

Flow Traders U.S. New York $3.16B AUM 19.52% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

Valmark Advisers Akron, Ohio $8.42B AUM 14.36% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

KAS

Kestra Advisory Services Austin, Texas $31B AUM 28.39% 1-Year Est. Return

Tortoise Investment Management's CUT Position: Q4 2025 in Review

Tortoise Investment Management sold out of Invesco MSCI Global Timber ETF (CUT) in Q4 2025, closing a stake of 650 shares — an estimated $19.2K sold.

Tortoise Investment Management first reported a position in CUT in Q2 2013 and held it in 49 quarters. The position peaked at $565K in Q3 2015. 28 funds tracked by Wall St. Rank hold CUT as of Q4 2025.

Tortoise Investment Management reported no remaining Invesco MSCI Global Timber ETF position as of Q4 2025 after selling out during the quarter.
Tortoise Investment Management sold 650 Invesco MSCI Global Timber ETF shares in Q4 2025, an estimated $19.2K.
Tortoise Investment Management first reported a position in Invesco MSCI Global Timber ETF in Q2 2013 and held it in 49 quarters.
Tortoise Investment Management's Invesco MSCI Global Timber ETF position peaked at $565K in Q3 2015.
28 funds tracked by Wall St. Rank held Invesco MSCI Global Timber ETF as of Q4 2025.

Based on Tortoise Investment Management's 13F filing for Q4 2025, filed 6 Feb 2026.