AEHR β€” AEHR TEST SYS

Ownership history in Penbrook Management LLC  Β·  8 quarters on record

This page tracks every 13F SEC filing in which Penbrook Management LLC reported a position in AEHR TEST SYS (AEHR). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
2.44% (2025 Q3)
πŸ“Š Avg. % of fund
0.68%
πŸ“… First filed
2023 Q4
πŸ“… Last filed
2025 Q4
⏱ Quarters held
8

Position Intelligence

Penbrook Management LLC Γ— AEHR AI Analytics

πŸ“ˆ Penbrook Management LLC outperformed the S&P 500 by +93.4% annually on this AEHR position. Timing score: 40% (2/5 decisions correct). Average cost basis: $24.28. Maximum drawdown during holding period: –56.2%.

πŸ“ˆ Position Alpha vs SPY
+93.4%
annualised excess return

πŸ”₯ Exceptional β€” beat the S&P 500 by 93.4% per year on this position.
6 quarters analyzed

⏱️ Timing Score
40%

⚠️ Poor timing β€” buys often preceded drops, trims preceded rallies.
2 of 5 add/trim decisions correct

πŸ’° Entry Quality
$24.28
-16.8% vs current ($20.19)

Best entry: $7.29 (2025 Q1)  Β·  Worst: $30.11 (2025 Q3)

πŸ›‘οΈ Drawdown Resilience
–56.2%
max drawdown while held

πŸ’ͺ Held through 2 major drawdowns (>20%).

πŸ’ͺ Fund Conviction
71%
buy-side decisions

5 adds Β· 2 trims. Bought during 1 of 2 down-price quarters. πŸ‚ Consistently bullish β€” fund kept accumulating this position.

πŸ“‘ Position Trajectory
↑ Growing
last 4–5 quarters trend

πŸ“ˆ Penbrook Management LLC has been actively increasing its AEHR allocation β€” a bullish signal from insiders.
Currently 1.6% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    AEHR price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 8 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 REDUCED 114,900 -1,350 -1.2% 1.60% $2.3M $20.19
2025 Q3 ADDED 116,250 +74,875 +181.0% 2.44% $3.5M $30.11
2025 Q2 UNCHANGED 41,375 β€” 0% 0.23% $302K $12.93
2025 Q1 ADDED 41,375 +7,550 +22.3% 0.23% $302K $7.29
2024 Q4 ADDED 33,825 +6,825 +25.3% 0.38% $563K $16.63
2024 Q3 REDUCED 27,000 -580 -2.1% 0.23% $347K $12.85
2024 Q2 ADDED 27,580 +19,500 +241.3% 0.19% $308K $11.17
2023 Q4 INITIATED 8,080 β€” β€” 0.14% $214K β€”
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