ZOETIS INC

CUSIP: 98978v103 Class: CS

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (2)

AUXIER ASSET MANAGEMENT LLC

Value ($000) $201 Shares 1,600

BERKSHIRE ASSET MANAGEMENT LLC/PA

Value ($000) $249 Shares 1,977

Institution	Shares	Value ($000)
AUXIER ASSET MANAGEMENT LLC	1,600	$201
BERKSHIRE ASSET MANAGEMENT LLC/PA	1,977	$249

Increased Positions (6)

ACADEMY CAPITAL MANAGEMENT INC/TX

Value ($000) $29,508 (+128.6%) Shares 234,527 (+165.9%)

ISTHMUS PARTNERS, LLC

Value ($000) $9,326 (-10.9%) Shares 74,119 (+3.7%)

AR ASSET MANAGEMENT INC

Value ($000) $5 (-3.9%) Shares 37,864 (+11.8%)

SVB WEALTH LLC

Value ($000) $3,285 (+6.3%) Shares 26,105 (+23.6%)

Ancora Advisors LLC

Value ($000) $17,115 (-10.6%) Shares 136,030 (+4.0%)

VAUGHAN DAVID INVESTMENTS LLC/IL

Value ($000) $27 (-10.9%) Shares 217,318 (+3.6%)

Institution	Prev Shares	Curr Shares	Change
ACADEMY CAPITAL MANAGEMENT INC/TX	88,216	234,527	+146,311 (+165.9%)
ISTHMUS PARTNERS, LLC	71,493	74,119	+2,626 (+3.7%)
AR ASSET MANAGEMENT INC	33,864	37,864	+4,000 (+11.8%)
SVB WEALTH LLC	21,118	26,105	+4,987 (+23.6%)
Ancora Advisors LLC	130,828	136,030	+5,202 (+4.0%)
VAUGHAN DAVID INVESTMENTS LLC/IL	209,846	217,318	+7,472 (+3.6%)

Decreased Positions (13)

Tandem Investment Advisors, Inc.

Value ($000) $89,052 (+76916.2%) Shares 707,775 (-10.4%)

FRANKLIN STREET ADVISORS INC /NC

Value ($000) $1,787 (-89.2%) Shares 14,200 (-87.4%)

AMI ASSET MANAGEMENT CORP

Value ($000) $35,971 (-18.6%) Shares 285,894 (-5.4%)

Lipe & Dalton

Value ($000) $1 (-46.5%) Shares 4,596 (-37.8%)

Tufton Capital Management

Value ($000) $6 (-18.2%) Shares 46,002 (-4.9%)

Douglass Winthrop Advisors, LLC

Value ($000) $4,040 (-53.8%) Shares 32,110 (-46.3%)

VALICENTI ADVISORY SERVICES INC

Value ($000) $3 (-20.9%) Shares 26,368 (-8.1%)

Curbstone Financial Management Corp

Value ($000) $1,417 (-17.9%) Shares 11,260 (-4.5%)

SlateStone Wealth, LLC

Value ($000) $3 (-22.0%) Shares 26,978 (-9.3%)

ZEVENBERGEN CAPITAL INVESTMENTS LLC

Value ($000) $1,830 (-23.9%) Shares 14,545 (-11.5%)

BAHL & GAYNOR INC

Value ($000) $1,459 (-40.9%) Shares 11,594 (-31.3%)

GLOBALT Investments LLC / GA

Value ($000) $1,082 (-20.7%) Shares 8,602 (-7.8%)

Sandhill Capital Partners LLC

Value ($000) $316 (-21.6%) Shares 2,508 (-8.8%)

Institution	Prev Shares	Curr Shares	Change
Tandem Investment Advisors, Inc.	790,241	707,775	-82,466 (-10.4%)
FRANKLIN STREET ADVISORS INC /NC	112,773	14,200	-98,573 (-87.4%)
AMI ASSET MANAGEMENT CORP	302,152	285,894	-16,258 (-5.4%)
Lipe & Dalton	7,391	4,596	-2,795 (-37.8%)
Tufton Capital Management	48,381	46,002	-2,379 (-4.9%)
Douglass Winthrop Advisors, LLC	59,796	32,110	-27,686 (-46.3%)
VALICENTI ADVISORY SERVICES INC	28,680	26,368	-2,312 (-8.1%)
Curbstone Financial Management Corp	11,790	11,260	-530 (-4.5%)
SlateStone Wealth, LLC	29,744	26,978	-2,766 (-9.3%)
ZEVENBERGEN CAPITAL INVESTMENTS LLC	16,440	14,545	-1,895 (-11.5%)
BAHL & GAYNOR INC	16,870	11,594	-5,276 (-31.3%)
GLOBALT Investments LLC / GA	9,332	8,602	-730 (-7.8%)
Sandhill Capital Partners LLC	2,750	2,508	-242 (-8.8%)

Exited Positions (4)

New England Research & Management, Inc.

Value ($000) $3,455 Shares 23,610

Legato Capital Management LLC

Value ($000) $649 Shares 4,434

DF DENT & CO INC

Value ($000) $3,222 Shares 22,018

NORTH STAR ASSET MANAGEMENT INC

Value ($000) $210 Shares 1,432

Institution	Prev Shares	Prev Value ($000)
New England Research & Management, Inc.	23,610	$3,455
Legato Capital Management LLC	4,434	$649
DF DENT & CO INC	22,018	$3,222
NORTH STAR ASSET MANAGEMENT INC	1,432	$210