13F

Position

Ethic Inc. in Autohome 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 −$112K$22.26$17.37

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 202524.9K$554.8K0.0%
Q1 202622.9K$397.9K$17.37−$112K−$44.8K0.0%