AMERICAN FINANCIAL GROUP

CUSIP: 025932880 Class: Pref

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

Increased Positions (1)

IAT REINSURANCE CO LTD.
Value ($000) $948 (+54.4%) Shares 50,000 (+66.7%)

Decreased Positions (1)

NBC SECURITIES, INC.
Value ($000) $0 (-11.9%) Shares 20 (-4.8%)