| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Macquarie Investment Management Business Trust | 2,222,820 | -3,460 | 24,317,650.8 | 0.0257 | 3.6738 | 12/31/2024 |
| 2 | Kopernik Global Investors LLC | 1,411,257 | 0 | 15,439,151.58 | 0.2889 | 2.3325 | 12/31/2024 |
| 3 | Global X Management Co. LLC | 948,270 | 499,295 | 10,374,073.8 | 0.0187 | 1.5673 | 12/31/2024 |
| 4 | 683 Capital Management LLC | 885,000 | 44,000 | 9,681,900 | 1.0477 | 1.4627 | 12/31/2024 |
| 5 | Hosking Partners LLP | 663,430 | -128,031 | 7,257,924.2 | 0.2491 | 1.0965 | 12/31/2024 |
| 6 | Helikon Investments Ltd. | 456,776 | -180,848 | 4,997,129.44 | 0.1602 | 0.7549 | 12/31/2024 |
| 7 | VR Advisory Services (USA) LLC | 416,109 | 0 | 4,552,232.46 | 1.3016 | 0.6877 | 12/31/2024 |
| 8 | Glenorchy Capital Ltd. | 351,183 | 68,442 | 3,841,942.02 | 2.8192 | 0.5804 | 12/31/2024 |
| 9 | UBS Securities LLC | 270,981 | 270,981 | 2,964,532.14 | 0.0015 | 0.4479 | 12/31/2024 |
| 10 | Systrade AG | 174,912 | 174,912 | 1,913,537.28 | 2.6696 | 0.2891 | 03/31/2025 |
| 11 | NexPoint Asset Management LP | 169,419 | 0 | 1,853,443.86 | 0.2568 | 0.28 | 12/31/2024 |
| 12 | Ping Capital Management, Inc. | 160,500 | 45,500 | 1,755,870 | 1.169 | 0.2653 | 03/31/2025 |
| 13 | Modern Capital Management Co. | 149,583 | 28,000 | 1,636,438.02 | 3.0025 | 0.2472 | 12/31/2024 |
| 14 | B. Riley Wealth Advisors, Inc. | 141,900 | -21,500 | 1,552,386 | 0.0524 | 0.2345 | 12/31/2024 |
| 15 | Warburg Invest Kapitalanlagegesellschaft MBH | 120,000 | -92,070 | 1,312,800 | 0.096 | 0.1983 | 01/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Macquarie Emerging Markets Fund | 1,676,544 | 0 | 18,341,391.36 | 0.3374 | 2.7709 | 03/31/2025 |
| 2 | Global X MSCI Argentina ETF | 1,031,753 | 553,784 | 11,287,377.82 | 1.1285 | 1.7052 | 04/30/2025 |
| 3 | Kopernik Global All Cap Fund | 916,500 | 203,209 | 10,026,510 | 0.366 | 1.5148 | 03/31/2025 |
| 4 | Heptagon Fund ICAV - Kopernik Global All-Cap Equity Fund | 583,084 | 166,653 | 6,378,938.96 | 0.4755 | 0.9637 | 02/28/2025 |
| 5 | Macquarie VIP Emerging Markets Series | 294,024 | 0 | 3,216,622.56 | 0.5213 | 0.486 | 03/31/2025 |
| 6 | Modern Capital Tactical Income Fund | 149,583 | 28,000 | 1,636,438.02 | 1.949 | 0.2472 | 12/31/2024 |
| 7 | White Fleet II SICAV - SGVP Global Value Equity Fund | 130,000 | -62,365 | 1,422,200 | 1.4754 | 0.2149 | 01/31/2025 |
| 8 | Warburg Value Fund | 120,000 | -92,070 | 1,312,800 | 1.3024 | 0.1983 | 01/31/2025 |
| 9 | Lasixx Fund - Forte | 100,000 | -28,452 | 1,094,000 | 1.3993 | 0.1653 | 03/31/2025 |
| 10 | iShares Global Agriculture Index ETF | 84,295 | -32,300 | 922,187.3 | 0.5151 | 0.1393 | 04/30/2025 |
| 11 | Kopernik Global Collective Investment Trust - Global All Cap | 79,214 | 27,338 | 866,601.16 | 0.4113 | 0.1309 | 03/31/2025 |
| 12 | Eaton Vance Emerging & Frontier Countries Equity Fund | 46,824 | -43,826 | 512,254.56 | 0.0371 | 0.0774 | 02/28/2025 |
| 13 | Koala Capital, SICAV | 41,837 | -9 | 457,696.78 | 2.1885 | 0.0691 | 12/31/2024 |
| 14 | TIFF Multi Asset Fund | 37,908 | 0 | 414,713.52 | 0.0339 | 0.0627 | 12/31/2024 |
| 15 | Fidelity Nasdaq Composite Index Fund | 33,826 | 0 | 370,056.44 | 0.0021 | 0.0559 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Global X Management Co. LLC | 948,270 | 499,295 | 10,374,073.8 | 0.0187 | 1.5673 | 12/31/2024 |
| 2 | UBS Securities LLC | 270,981 | 270,981 | 2,964,532.14 | 0.0015 | 0.4479 | 12/31/2024 |
| 3 | Systrade AG | 174,912 | 174,912 | 1,913,537.28 | 2.6696 | 0.2891 | 03/31/2025 |
| 4 | Comprehensive Money Management Services LLC | 82,942 | 82,942 | 907,385.48 | 0.7337 | 0.1371 | 03/31/2025 |
| 5 | Crocodile Capital Partners GmbH | 80,000 | 80,000 | 875,200 | 0.4497 | 0.1322 | 03/31/2025 |
| 6 | Marshall Wace LLP | 75,900 | 75,900 | 830,346 | 0.0011 | 0.1254 | 12/31/2024 |
| 7 | Glenorchy Capital Ltd. | 351,183 | 68,442 | 3,841,942.02 | 2.8192 | 0.5804 | 12/31/2024 |
| 8 | Ping Capital Management, Inc. | 160,500 | 45,500 | 1,755,870 | 1.169 | 0.2653 | 03/31/2025 |
| 9 | 683 Capital Management LLC | 885,000 | 44,000 | 9,681,900 | 1.0477 | 1.4627 | 12/31/2024 |
| 10 | UBS Switzerland AG (Investment Management) | 35,322 | 35,322 | 386,422.68 | 0.0012 | 0.0584 | 12/31/2024 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Helikon Investments Ltd. | 456,776 | -180,848 | 4,997,129.44 | 0.1602 | 0.7549 | 12/31/2024 |
| 2 | Hosking Partners LLP | 663,430 | -128,031 | 7,257,924.2 | 0.2491 | 1.0965 | 12/31/2024 |
| 3 | Warburg Invest Kapitalanlagegesellschaft MBH | 120,000 | -92,070 | 1,312,800 | 0.096 | 0.1983 | 01/31/2025 |
| 4 | Millennium Management LLC | 28,059 | -70,670 | 306,965.46 | 0.0003 | 0.0464 | 12/31/2024 |
| 5 | Cubist Systematic Strategies LLC | 0 | -36,556 | 0 | 0 | 0 | |
| 6 | Russell Investment Management LLC | 100,472 | -35,527 | 1,099,163.68 | 0.0014 | 0.1661 | 12/31/2024 |
| 7 | BlackRock Asset Management Canada Ltd. | 87,063 | -33,552 | 952,469.22 | 0.0011 | 0.1439 | 03/31/2025 |
| 8 | Pictet Asset Management SA | 0 | -32,525 | 0 | 0 | 0 | |
| 9 | Ante Asset Management AG | 109,830 | -31,618 | 1,201,540.2 | 1.5765 | 0.1815 | 03/31/2025 |
| 10 | Manulife Investment Management (US) LLC | 39,195 | -25,363 | 428,793.3 | 0.0004 | 0.0648 | 12/31/2024 |
Data provided by FactSet Research Systems Inc.