Quarter narrative

OpCo 13F-HR changes

How operating-company 13F-HR books shifted last quarter — strategic stakes, not hedge-fund “moves.” Soft language: new stake · weight up · weight down · still held · closed. Featured manager firehose stays on Activity. Latest books on OpCo 13F-HR.

81 shown filed through 14 Aug

new stake 52 weight up 1 weight down 7 closed 13 still held 8

81 18 42 6 15 0 0 0

narrative

newest filed first · soft labels · open company or period

ticker	narrative	company	Δ weight	detail	period
6 Jul 1
TXN	still held	Old Republic International insurance float	+0.09%	kept · 2.6%	Q1→Q2

OpCo 13F-HR narrative uses the same QoQ math as featured Activity, with softer labels. “Still held” = kept stake with <1% weight change. Featured New/Exit/Add/Reduce stays on Activity. Not investment advice.