{
 "company": "Eagle Materials",
 "ticker": "EXP",
 "page": "https://www.moatshark.com/s/exp",
 "note": "Source: SEC filings via moatshark. Values and changes are estimates; not investment advice.",
 "holders": [
  {
   "manager": "Baupost Group",
   "moatshark_slug": "baupost-group",
   "period": "2026-06-30",
   "portfolio_pct": 2.21,
   "value_usd": 119422000,
   "change": "REDUCE",
   "share_change_pct": -40.5,
   "quarters_held": 10
  },
  {
   "manager": "Horizon Kinetics",
   "moatshark_slug": "horizon-kinetics",
   "period": "2026-06-30",
   "portfolio_pct": 0.03,
   "value_usd": 2404000,
   "change": "REDUCE",
   "share_change_pct": -36.6,
   "quarters_held": 11
  },
  {
   "manager": "Markel Group",
   "moatshark_slug": "markel-group",
   "period": "2026-06-30",
   "portfolio_pct": 0.03,
   "value_usd": 3318750,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 6
  },
  {
   "manager": "First Eagle Investment Management",
   "moatshark_slug": "first-eagle-investment-management",
   "period": "2026-06-30",
   "portfolio_pct": 0,
   "value_usd": 0,
   "change": "EXIT",
   "share_change_pct": null,
   "quarters_held": 2
  }
 ]
}