13F

Position

Ethic Inc. in Expedia Group, 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 −$1.25M$283.31$230.89

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 202527K$7.64M0.1%
Q1 202623.8K$5.5M$230.89−$1.25M−$900.1K0.1%