13F

Position

Bedminster, LLC in 3M CO

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Estimated mark uses implied 13F prices (value ÷ shares). Adds are treated as happening at this quarter’s mark; cuts at last quarter’s. Share jumps can be splits, not buys. This is not realized P&L.

Latest estimated mark −$24K$160.10$145.23

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20251.61K$258.2K0.2%
Q1 20261.61K$234.3K$145.23−$24K−$00.2%