13F

Position

Ethic Inc. in e.l.f. Beauty, 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 −$89.3K$76.04$60.61

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20256.44K$489.9K0.0%
Q1 20265.79K$350.9K$60.61−$89.3K−$49.7K0.0%