13F

Position

SCRATCH CAPITAL LLC in Microsoft Corp

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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 −$131.6K$483.75$370.04

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20251.16K$559.7K0.4%
Q1 20261.32K$489.9K$370.04−$131.6K$61.8K0.3%