13F

Position

Red Tortoise LLC in Boston Beer Co 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 $388$195.09$230.36

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 202511$2.15K0.0%
Q1 202611$2.53K$230.36$388−$00.0%