| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Van Eck Associates Corp. | 5,147,022 | -1,474,448 | 72,727,420.86 | 0.0773 | 5.9531 | 03/31/2025 |
| 2 | American Century Investment Management, Inc. | 941,915 | 426,515 | 13,309,258.95 | 0.006 | 1.0894 | 03/31/2025 |
| 3 | Renaissance Technologies LLC | 551,413 | -169,300 | 7,791,465.69 | 0.011 | 0.6378 | 03/31/2025 |
| 4 | Connor, Clark & Lunn Investment Management Ltd. | 514,199 | 78,956 | 7,265,631.87 | 0.0272 | 0.5947 | 03/31/2025 |
| 5 | Marshall Wace LLP | 338,453 | 338,453 | 4,782,340.89 | 0.0058 | 0.3915 | 03/31/2025 |
| 6 | BlackRock Advisors (UK) Ltd. | 217,290 | -6,555 | 3,070,307.7 | 0.0004 | 0.2513 | 03/31/2025 |
| 7 | BlackRock Asset Management Canada Ltd. | 180,336 | 36,005 | 2,548,147.68 | 0.0027 | 0.2086 | 03/31/2025 |
| 8 | Arrowstreet Capital LP | 166,418 | 166,418 | 2,351,486.34 | 0.0017 | 0.1925 | 03/31/2025 |
| 9 | National Bank Financial, Inc. | 147,186 | -11,237 | 2,079,738.18 | 0.0031 | 0.1702 | 03/31/2025 |
| 10 | US Global Investors, Inc. (Asset Management) | 138,951 | -108,793 | 1,963,377.63 | 0.1644 | 0.1607 | 03/31/2025 |
| 11 | Vident Advisory LLC | 121,104 | 14,563 | 1,711,199.52 | 0.0193 | 0.1401 | 03/31/2025 |
| 12 | AQR Capital Management LLC | 113,680 | 113,680 | 1,606,298.4 | 0.0014 | 0.1315 | 03/31/2025 |
| 13 | ABC Arbitrage Asset Management SA | 112,927 | 112,927 | 1,595,658.51 | 0.3002 | 0.1306 | 03/31/2025 |
| 14 | Morgan Stanley & Co. LLC | 106,337 | 50,805 | 1,502,541.81 | 0.0006 | 0.123 | 03/31/2025 |
| 15 | Ashton Thomas Private Wealth LLC | 105,119 | 105,119 | 1,485,331.47 | 0.0549 | 0.1216 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | VanEck Gold Miners ETF | 2,942,841 | -907,130 | 41,582,343.33 | 0.2935 | 3.4037 | 04/30/2025 |
| 2 | VanEck Junior Gold Miners ETF | 1,328,101 | -685,371 | 18,766,067.13 | 0.3684 | 1.5361 | 04/30/2025 |
| 3 | American Century Global Gold Fund | 923,000 | 407,600 | 13,041,990 | 1.3678 | 1.0676 | 03/31/2025 |
| 4 | VanEck UCITS ETFs Plc - Gold Miners UCITS ETF | 387,160 | 25,336 | 5,470,570.8 | 0.2937 | 0.4478 | 04/30/2025 |
| 5 | iShares V Plc - Gold Producers UCITS ETF | 227,116 | 12,364 | 3,209,149.08 | 0.1309 | 0.2627 | 04/30/2025 |
| 6 | iShares S&P/TSX Global Gold Index ETF | 178,677 | 30,474 | 2,524,706.01 | 0.1662 | 0.2067 | 04/30/2025 |
| 7 | VanEck UCITS ETFs Plc - Junior Gold Miners UCITS ETF | 150,750 | -46,029 | 2,130,097.5 | 0.3656 | 0.1744 | 04/30/2025 |
| 8 | US Global GO GOLD & Precious Metal Miners ETF | 140,548 | -111,499 | 1,985,943.24 | 1.7233 | 0.1626 | 04/30/2025 |
| 9 | VanEck Gold Miners ETF | 100,647 | -357 | 1,422,142.11 | 0.2937 | 0.1164 | 04/30/2025 |
| 10 | DFA Emerging Markets Core Equity Portfolio | 56,108 | 6,037 | 792,806.04 | 0.0027 | 0.0649 | 01/31/2025 |
| 11 | Allianz FIO - Akcji Rynku Zlota | 52,000 | 0 | 734,760 | 3.4999 | 0.0601 | 06/30/2023 |
| 12 | PKO Parasolowy - Akcji Rynku Zlota | 50,814 | 0 | 718,001.82 | 0.4156 | 0.0588 | 10/31/2024 |
| 13 | ActivePassive International Equity ETF | 42,089 | 12,283 | 594,717.57 | 0.0652 | 0.0487 | 04/30/2025 |
| 14 | Pro Aurum ValueFlex | 35,000 | 35,000 | 494,550 | 2.349 | 0.0405 | 02/28/2025 |
| 15 | Beaver Fund - Natural Resources | 25,920 | -2,880 | 366,249.6 | 1.6955 | 0.03 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | American Century Investment Management, Inc. | 941,915 | 426,515 | 13,309,258.95 | 0.006 | 1.0894 | 03/31/2025 |
| 2 | Marshall Wace LLP | 338,453 | 338,453 | 4,782,340.89 | 0.0058 | 0.3915 | 03/31/2025 |
| 3 | Arrowstreet Capital LP | 166,418 | 166,418 | 2,351,486.34 | 0.0017 | 0.1925 | 03/31/2025 |
| 4 | AQR Capital Management LLC | 113,680 | 113,680 | 1,606,298.4 | 0.0014 | 0.1315 | 03/31/2025 |
| 5 | ABC Arbitrage Asset Management SA | 112,927 | 112,927 | 1,595,658.51 | 0.3002 | 0.1306 | 03/31/2025 |
| 6 | Ashton Thomas Private Wealth LLC | 105,119 | 105,119 | 1,485,331.47 | 0.0549 | 0.1216 | 03/31/2025 |
| 7 | Connor, Clark & Lunn Investment Management Ltd. | 514,199 | 78,956 | 7,265,631.87 | 0.0272 | 0.5947 | 03/31/2025 |
| 8 | Morgan Stanley & Co. LLC | 106,337 | 50,805 | 1,502,541.81 | 0.0006 | 0.123 | 03/31/2025 |
| 9 | Morgan Stanley Smith Barney LLC (Investment Management) | 47,772 | 47,268 | 675,018.36 | 0.0001 | 0.0553 | 03/31/2025 |
| 10 | UBS Securities LLC | 54,093 | 44,131 | 764,334.09 | 0.0003 | 0.0626 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Van Eck Associates Corp. | 5,147,022 | -1,474,448 | 72,727,420.86 | 0.0773 | 5.9531 | 03/31/2025 |
| 2 | Invesco Advisers, Inc. | 0 | -245,901 | 0 | 0 | 0 | |
| 3 | Renaissance Technologies LLC | 551,413 | -169,300 | 7,791,465.69 | 0.011 | 0.6378 | 03/31/2025 |
| 4 | US Global Investors, Inc. (Asset Management) | 138,951 | -108,793 | 1,963,377.63 | 0.1644 | 0.1607 | 03/31/2025 |
| 5 | Guggenheim Partners Investment Management LLC | 16,621 | -96,242 | 234,854.73 | 0.003 | 0.0192 | 03/31/2025 |
| 6 | JPMorgan Securities LLC (Investment Management) | 340 | -92,866 | 4,804.2 | 0 | 0.0004 | 03/31/2025 |
| 7 | Jane Street Capital LLC | 34,877 | -71,702 | 492,812.01 | 0.0008 | 0.0403 | 03/31/2025 |
| 8 | Citadel Securities LLC | 0 | -47,325 | 0 | 0 | 0 | |
| 9 | PKO TFI SA | 50,814 | -40,000 | 718,001.82 | 0.021 | 0.0588 | 03/31/2025 |
| 10 | Susquehanna Financial Group LLLP | 16,444 | -38,479 | 232,353.72 | 0.0004 | 0.019 | 03/31/2025 |
Data provided by FactSet Research Systems Inc.