13F

Position

Ethic Inc. in Stepan 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 $21.3K$47.36$49.98

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20258.13K$384.8K0.0%
Q1 202611.7K$585.8K$49.98$21.3K$179.7K0.0%