13F

Position

Entropy Technologies, LP in Badger Meter Inc

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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 −$90.9K$174.41$152.35

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20254.62K$806.5K0.0%
Q1 20264.12K$627.8K$152.35−$90.9K−$87.7K0.0%