ARCH CAP G

CUSIP: 03939A404 Class: Common Stock

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (2)

IAT REINSURANCE CO LTD.

Value ($000) $664 Shares 40,000

GAMMA Investing LLC

Value ($000) $1 Shares 57

Institution	Shares	Value ($000)
IAT REINSURANCE CO LTD.	40,000	$664
GAMMA Investing LLC	57	$1

Decreased Positions (2)

PNC Financial Services Group, Inc.

Value ($000) $34 (-17.4%) Shares 2,007 (-11.2%)

NBC SECURITIES, INC.

Value ($000) $1 (-9.0%) Shares 89 (-2.2%)

Institution	Prev Shares	Curr Shares	Change
PNC Financial Services Group, Inc.	2,261	2,007	-254 (-11.2%)
NBC SECURITIES, INC.	91	89	-2 (-2.2%)