| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | PSG Asset Management (Pty) Ltd. | 3,125,361 | 3,125,361 | 25,262,292.96 | 1.0283 | 0.1964 | 07/31/2025 |
| 2 | Goehring & Rozencwajg Associates LLC | 1,427,655 | 2,800 | 11,539,735.36 | 1.4313 | 0.0897 | 05/31/2025 |
| 3 | AzValor Asset Management SGIIC SA | 75,258 | 0 | 608,310.41 | 0.027 | 0.0047 | 12/31/2024 |
| 4 | Yousif Capital Management LLC | 33,487 | 8,928 | 270,675.42 | 0.0028 | 0.0021 | 06/30/2025 |
| 5 | INFIBA Vermogensverwaltungs AG (Liechtenstein) | 32,600 | 0 | 263,505.8 | 0.6781 | 0.002 | 12/31/2024 |
| 6 | Hara Capital LLC | 28,556 | 28,556 | 230,818.15 | 0.1386 | 0.0018 | 06/30/2025 |
| 7 | Causeway Capital Management LLC | 17,061 | 17,061 | 137,904.06 | 0.0003 | 0.0011 | 07/31/2025 |
| 8 | Tuttle Capital Management LLC | 14,768 | 12,609 | 119,369.74 | 0.0107 | 0.0009 | 07/31/2025 |
| 9 | Corient IA LLC | 12,279 | 12,279 | 99,251.16 | 0.0599 | 0.0008 | 06/30/2025 |
| 10 | RhumbLine Advisers LP | 8,488 | 8,488 | 68,608.5 | 0.0001 | 0.0005 | 06/30/2025 |
| 11 | GAMMA Investing LLC | 7,911 | 5,281 | 63,944.61 | 0.0039 | 0.0005 | 06/30/2025 |
| 12 | MBH Investment Fund Management Private Ltd. Co. | 3,872 | 0 | 31,297.38 | 0.0213 | 0.0002 | 12/31/2023 |
| 13 | BTG Pactual WM Gestao de Recursos Ltda. | 3,820 | 0 | 30,877.06 | 0.0009 | 0.0002 | 03/31/2025 |
| 14 | FNY Investment Advisers LLC | 500 | 500 | 4,041.5 | 0.0018 | 0 | 06/30/2025 |
| 15 | Brooklyn Investment Group LLC | 340 | 340 | 2,748.22 | 0.0004 | 0 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | PSG Equity Fund | 3,125,361 | 3,125,361 | 25,262,292.96 | 3.846 | 0.1964 | 07/31/2025 |
| 2 | Goehring & Rozencwajg Resources Fund | 1,427,655 | 2,800 | 11,539,735.36 | 2.279 | 0.0897 | 05/31/2025 |
| 3 | Azvalor Managers, FI | 75,258 | 0 | 608,310.41 | 0.4702 | 0.0047 | 12/31/2024 |
| 4 | Chatrier Value Fund | 32,600 | 0 | 263,505.8 | 2.1943 | 0.002 | 12/31/2024 |
| 5 | ActivePassive International Equity ETF | 17,061 | 17,061 | 137,904.06 | 0.0157 | 0.0011 | 07/31/2025 |
| 6 | National Security Emerging Markets Index ETF | 14,768 | 12,609 | 119,369.74 | 0.5221 | 0.0009 | 07/31/2025 |
| 7 | MBH EMEA Reszveny Alap | 3,872 | 0 | 31,297.38 | 1.2091 | 0.0002 | 12/31/2023 |
| 8 | Gaf FIM Credito Privado Investimento No Exterior | 3,820 | 0 | 30,877.06 | 0.4075 | 0.0002 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | PSG Asset Management (Pty) Ltd. | 3,125,361 | 3,125,361 | 25,262,292.96 | 1.0283 | 0.1964 | 07/31/2025 |
| 2 | Hara Capital LLC | 28,556 | 28,556 | 230,818.15 | 0.1386 | 0.0018 | 06/30/2025 |
| 3 | Causeway Capital Management LLC | 17,061 | 17,061 | 137,904.06 | 0.0003 | 0.0011 | 07/31/2025 |
| 4 | Tuttle Capital Management LLC | 14,768 | 12,609 | 119,369.74 | 0.0107 | 0.0009 | 07/31/2025 |
| 5 | Corient IA LLC | 12,279 | 12,279 | 99,251.16 | 0.0599 | 0.0008 | 06/30/2025 |
| 6 | Yousif Capital Management LLC | 33,487 | 8,928 | 270,675.42 | 0.0028 | 0.0021 | 06/30/2025 |
| 7 | RhumbLine Advisers LP | 8,488 | 8,488 | 68,608.5 | 0.0001 | 0.0005 | 06/30/2025 |
| 8 | GAMMA Investing LLC | 7,911 | 5,281 | 63,944.61 | 0.0039 | 0.0005 | 06/30/2025 |
| 9 | Goehring & Rozencwajg Associates LLC | 1,427,655 | 2,800 | 11,539,735.36 | 1.4313 | 0.0897 | 05/31/2025 |
| 10 | FNY Investment Advisers LLC | 500 | 500 | 4,041.5 | 0.0018 | 0 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Marshall Wace LLP | 0 | -23,470 | 0 | 0 | 0 | |
| 2 | NISA Investment Advisors LLC | 0 | -3,000 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.