13F

Position

FOCUSED ALPHA, LLC in Caterpillar 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 $138.3K$572.74$708.43

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20251.02K$583.6K0.2%
Q1 20261.49K$1.06M$708.43$138.3K$335.8K0.3%