| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Goehring & Rozencwajg Associates LLC | 1,427,655 | 1,427,655 | 8,169,041.91 | 1.2452 | 0.0897 | 02/28/2025 |
| 2 | AzValor Asset Management SGIIC SA | 75,258 | 75,258 | 430,626.28 | 0.0239 | 0.0047 | 12/31/2024 |
| 3 | Yousif Capital Management LLC | 24,559 | 0 | 140,526.6 | 0.0017 | 0.0015 | 03/31/2025 |
| 4 | GAMMA Investing LLC | 4,261 | 2,361 | 24,381.44 | 0.0018 | 0.0003 | 03/31/2025 |
| 5 | BTG Pactual WM Gestao de Recursos Ltda. | 3,820 | 0 | 21,858.04 | 0.0007 | 0.0002 | 12/31/2024 |
| 6 | MBH Investment Fund Management Private Ltd. Co. | 3,168 | 0 | 18,127.3 | 0.0094 | 0.0002 | 06/30/2023 |
| 7 | NISA Investment Advisors LLC | 3,000 | 3,000 | 17,166 | 0.0001 | 0.0002 | 12/31/2024 |
| 8 | Tuttle Capital Management LLC | 2,723 | 2,723 | 15,581.01 | 0.0032 | 0.0002 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Goehring & Rozencwajg Resources Fund | 1,427,655 | 1,427,655 | 8,169,041.91 | 1.9258 | 0.0897 | 02/28/2025 |
| 2 | Azvalor Managers, FI | 75,258 | 75,258 | 430,626.28 | 0.3761 | 0.0047 | 12/31/2024 |
| 3 | Gaf FIM Credito Privado Investimento No Exterior | 3,820 | 0 | 21,858.04 | 0.3049 | 0.0002 | 12/31/2024 |
| 4 | MBH EMEA Reszveny Alap | 3,168 | 0 | 18,127.3 | 0.7408 | 0.0002 | 06/30/2023 |
| 5 | National Security Emerging Markets Index ETF | 2,723 | 2,723 | 15,581.01 | 0.2057 | 0.0002 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Goehring & Rozencwajg Associates LLC | 1,427,655 | 1,427,655 | 8,169,041.91 | 1.2452 | 0.0897 | 02/28/2025 |
| 2 | AzValor Asset Management SGIIC SA | 75,258 | 75,258 | 430,626.28 | 0.0239 | 0.0047 | 12/31/2024 |
| 3 | NISA Investment Advisors LLC | 3,000 | 3,000 | 17,166 | 0.0001 | 0.0002 | 12/31/2024 |
| 4 | Tuttle Capital Management LLC | 2,723 | 2,723 | 15,581.01 | 0.0032 | 0.0002 | 03/31/2025 |
| 5 | GAMMA Investing LLC | 4,261 | 2,361 | 24,381.44 | 0.0018 | 0.0003 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Causeway Capital Management LLC | 0 | -33,258 | 0 | 0 | 0 | |
| 2 | Encompass Wealth Advisors LLC | 0 | -30,000 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.