Question 1

What stocks did Norbert Lou sell this quarter?

Accepted Answer

In the Q2 '26 13F filing, Norbert Lou fully exited 0 positions and reduced 2 existing holdings. Combined sell footprint: approximately $27.4M based on prior-quarter values.

Question 2

What was Norbert Lou's biggest sell?

Accepted Answer

Norbert Lou's largest reduction in the Q2 '26 filing was CROCS INC (CROX).

Question 3

How are these "sells" calculated?

Accepted Answer

Sells are derived from quarter-over-quarter changes in 13F filings. SOLD positions appeared in the prior filing but not the current one; REDUCED positions are existing holdings where share count fell. Note: 13F filings only cover long U.S. equity positions, so apparent "sells" could be short-side hedges or moves to other instruments.

Ticker	Company	Shares Now	Value Now	% Portfolio	Change
CROX	CROCS INC	577170	$69.6M	27.20%	-2.9%
SGOV	ISHARES TR	188000	$18.9M	7.39%	-59.1%

Norbert Lou — Recent Sells

Reduced positions (2)