Vanguard Personalized Indexing Management’s Boston Beer SAM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$379K	Buy	1,643 +203	+14%	+$45.6K	﹤0.01%	1478
2025 Q4	$281K	Sell	1,440 -832	-37%	-$172K	﹤0.01%	1557
2025 Q3	$480K	Buy	2,272 +746	+49%	+$159K	﹤0.01%	1259
2025 Q2	$291K	Buy	1,526 +335	+28%	+$77.1K	﹤0.01%	1457
2025 Q1	$284K	Buy	1,191 +10	+0.8%	+$2.44K	﹤0.01%	1362
2024 Q4	$354K	Buy	1,181 +175	+17%	+$52.8K	0.01%	1271
2024 Q3	$291K	Buy	1,006 +293	+41%	+$81.7K	﹤0.01%	1361
2024 Q2	$218K	Sell	713 -12	-2%	-$3.44K	﹤0.01%	1415
2024 Q1	$221K	Sell	725 -143	-16%	-$47.7K	﹤0.01%	1407
2023 Q4	$300K	Buy	868 +239	+38%	+$83.8K	0.01%	1222
2023 Q3	$245K	Buy	+629	New	+$220K	0.01%	1207
2022 Q2	–	Sell	-556	Closed	-$216K	–	1318
2022 Q1	$216K	Buy	556 +95	+21%	+$39.6K	0.01%	1092
2021 Q4	$233K	Sell	461 -111	-19%	-$55.4K	0.01%	945
2021 Q3	$292K	Buy	+572	New	+$389K	0.03%	777
2021 Q2	–	Sell	-185	Closed	-$223K	–	975
2021 Q1	$223K	Buy	+185	New	+$194K	0.03%	633