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MARATHON CAPITAL MANAGEMENT
> MDC
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2023 | M.D.C. HOLDINGS, INC. | MDC | 71,145 | -554 | 3,327,438,000 | 540,510,000 | $46,769.81 |
| 03/31/2023 | M.D.C. HOLDINGS, INC. | MDC | 71,699 | -283 | 2,786,928,000 | 512,306,000 | $38,869.83 |
| 12/31/2022 | M.D.C. HOLDINGS, INC. | MDC | 71,982 | -40 | 2,274,622,000 | 2,272,647,000 | $31,599.87 |
| 09/30/2022 | M.D.C. HOLDINGS, INC. | MDC | 72,022 | -813 | 1,975,000 | -378,000 | $27.42 |
| 06/30/2022 | M.D.C. HOLDINGS, INC. | MDC | 72,835 | 5,317 | 2,353,000 | -202,000 | $32.31 |
| 03/31/2022 | M.D.C. HOLDINGS, INC. | MDC | 67,518 | 2,041 | 2,555,000 | -1,101,000 | $37.84 |
| 12/31/2021 | M.D.C. HOLDINGS, INC. | MDC | 65,477 | 2,434 | 3,656,000 | 710,000 | $55.84 |
| 09/30/2021 | M.D.C. HOLDINGS, INC. | MDC | 63,043 | -2,251 | 2,946,000 | -357,000 | $46.73 |
| 06/30/2021 | M.D.C. HOLDINGS, INC. | MDC | 65,294 | -3,667 | 3,303,000 | -793,000 | $50.59 |
| 03/31/2021 | M.D.C. HOLDINGS, INC. | MDC | 68,961 | 5,899 | 4,096,000 | 1,032,000 | $59.40 |
| 12/31/2020 | M.D.C. HOLDINGS, INC. | MDC | 63,062 | -5,806 | 3,064,000 | -179,000 | $48.59 |
| 09/30/2020 | M.D.C. HOLDINGS, INC. | MDC | 68,868 | -12,754 | 3,243,000 | 329,000 | $47.09 |
| 06/30/2020 | M.D.C. HOLDINGS, INC. | MDC | 81,622 | -1,116 | 2,914,000 | 995,000 | $35.70 |
| 03/31/2020 | M.D.C. HOLDINGS, INC. | MDC | 82,738 | -4,448 | 1,919,000 | -1,408,000 | $23.19 |
| 12/31/2019 | M.D.C. HOLDINGS, INC. | MDC | 87,186 | 30,820 | 3,327,000 | 898,000 | $38.16 |
| 09/30/2019 | M.D.C. HOLDINGS, INC. | MDC | 56,366 | -5,150 | 2,429,000 | 413,000 | $43.09 |
| 06/30/2019 | M.D.C. HOLDINGS, INC. | MDC | 61,516 | 138 | 2,016,000 | 233,000 | $32.77 |
| 03/31/2019 | M.D.C. HOLDINGS, INC. | MDC | 61,378 | 51,478 | 1,783,000 | 1,505,000 | $29.05 |
| 12/31/2018 | M.D.C. HOLDINGS, INC. | MDC | 9,900 | 0 | 278,000 | -14,000 | $28.08 |
| 09/30/2018 | M.D.C. HOLDINGS, INC. | MDC | 9,900 | 0 | 292,000 | -12,000 | $29.49 |
| 06/30/2018 | M.D.C. HOLDINGS, INC. | MDC | 9,900 | 9,900 | 304,000 | 304,000 | $30.71 |
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