{
 "company": "Ulta Beauty",
 "ticker": "ULTA",
 "page": "https://www.moatshark.com/s/ulta",
 "note": "Source: SEC filings via moatshark. Values and changes are estimates; not investment advice.",
 "holders": [
  {
   "manager": "Smead Capital Management",
   "moatshark_slug": "smead-capital-management",
   "period": "2026-09-30",
   "portfolio_pct": 1.35,
   "value_usd": 63649077,
   "change": "REDUCE",
   "share_change_pct": -1.2,
   "quarters_held": 8
  },
  {
   "manager": "Mairs & Power",
   "moatshark_slug": "mairs-power",
   "period": "2026-06-30",
   "portfolio_pct": 0,
   "value_usd": 0,
   "change": "EXIT",
   "share_change_pct": null,
   "quarters_held": 9
  }
 ]
}