Form 13F security

AEHR TEST SYS

Class COM

As filed on Form 13F — long US-listed positions only. No shorts, cash, bonds, or non-13F assets appear here.

Filed up to 45 days after quarter end; holdings may have changed since.

Tracked managers holding it

Share and principal positions

ManagerQuarterValue% of portfolioSH/PRN qtyPut/call
BAILLIE GIFFORD & CO2026-06-30$20M<0.1%SH 203,878
POLEN CAPITAL MANAGEMENT LLC2026-06-30$6.4M<0.1%SH 66,157
HORIZON KINETICS ASSET MANAGEMENT LLC2026-06-30$0.7M<0.1%SH 7,280

Total $27M across 3 of 69 managers.

Put positions

ManagerQuarterValue% of portfolioSH/PRN qtyPut/call
Point72 Asset Management, L.P.2026-06-30$10.0M<0.1%SH 103,600[PUT]

Total $10.0M across 1 of 69 managers.

Call positions

ManagerQuarterValue% of portfolioSH/PRN qtyPut/call
Point72 Asset Management, L.P.2026-06-30$11M<0.1%SH 116,300[CALL]

Total $11M across 1 of 69 managers.

Sums are across tracked reports, not unique economic ownership.

BAILLIE GIFFORD & CO — Combined report.

Filed rows (8) — as filed

The filer reports some securities in multiple rows; rows are shown as filed.

ManagerClassPut/callValue% of portfolioSH/PRN qtySource
Point72 Asset Management, L.P.COM[CALL]$11M<0.1%SH 116,3000000919574-26-005520
BAILLIE GIFFORD & COCOM$11M<0.1%SH 115,2980001088875-26-000057
Point72 Asset Management, L.P.COM[PUT]$10.0M<0.1%SH 103,6000000919574-26-005520
POLEN CAPITAL MANAGEMENT LLCCOM$6.4M<0.1%SH 66,1570001172661-26-003035
BAILLIE GIFFORD & COCOM$4.2M<0.1%SH 43,8020001088875-26-000057
BAILLIE GIFFORD & COCOM$2.5M<0.1%SH 25,9550001088875-26-000057
BAILLIE GIFFORD & COCOM$1.8M<0.1%SH 18,8230001088875-26-000057
HORIZON KINETICS ASSET MANAGEMENT LLCCOM$0.7M<0.1%SH 7,2800001398344-26-014047

Quarter-to-quarter notes

Reported change, not a confirmed trade: this compares quarter-end reports filed up to 45 days later, and the position may since have changed. Amendments, corporate actions, and changes in reporting scope can also move these rows. Value change compares period-end reported values; for continuing rows it includes market price movement.

No longer reported by Bridgewater Associates, LP.

Changes appear only where the prior quarter's validated report exists.