U.S. Global Investors (USGI)’s Alliance Resource Partners ARLP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-14,000	Closed	-$354K	–	131
2025 Q3	$354K	Hold	14,000	–	–	0.04%	96
2025 Q2	$366K	Hold	14,000	–	–	0.04%	94
2025 Q1	$382K	Buy	+14,000	New	+$374K	0.05%	84
2018 Q2	–	Sell	-60,600	Closed	-$1.07M	–	138
2018 Q1	$1.07M	Hold	60,600	–	–	0.67%	43
2017 Q4	$1.19M	Buy	+60,600	New	+$1.16M	0.55%	44
2016 Q2	–	Sell	-200	Closed	-$2K	–	155
2016 Q1	$2K	Hold	200	–	–	﹤0.01%	172
2015 Q4	$3K	Hold	200	–	–	﹤0.01%	228
2015 Q3	$4K	Hold	200	–	–	﹤0.01%	264
2015 Q2	$5K	Hold	200	–	–	﹤0.01%	272
2015 Q1	$7K	Hold	200	–	–	﹤0.01%	304
2014 Q4	$9K	Hold	200	–	–	﹤0.01%	277
2014 Q3	$9K	Sell	200 -200	-50%	-$9.54K	﹤0.01%	259
2014 Q2	$19K	Buy	+400	New	+$17.9K	0.01%	275