PNM RES INC

Ticker: TXNM CUSIP: 69349H107 Class: EQTY

STANSBERRY ASSET MANAGEMENT, LLC's Holding History (CIK: 0001725910)

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

Q4 2025

Shares 131,406 Value ($000) $7,737 Avg Close $57.71 Range $56.50 - $59.12

Q3 2025

Shares 131,182 Value ($000) $7,418 Avg Close $56.75 Range $56.17 - $57.42

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	131,406	$7,737	$57.71	$56.50 - $59.12
Q3 2025	131,182	$7,418	$56.75	$56.17 - $57.42