| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Axim Wealth Management LLC | 4,555,695 | -49,213 | 76,216,777.35 | 78.3472 | 10.3556 | 12/31/2024 |
| 2 | The Vanguard Group, Inc. | 1,302,026 | 42,451 | 21,782,894.98 | 0.0003 | 2.9597 | 12/31/2024 |
| 3 | SSgA Funds Management, Inc. | 967,066 | -332,120 | 16,179,014.18 | 0.0007 | 2.1983 | 12/31/2024 |
| 4 | Susquehanna Financial Group LLLP | 761,132 | 686,622 | 12,733,738.36 | 0.0206 | 1.7301 | 12/31/2024 |
| 5 | UBS Securities LLC | 653,420 | 609,783 | 10,931,716.6 | 0.0056 | 1.4853 | 12/31/2024 |
| 6 | Jane Street Capital LLC | 589,527 | 589,527 | 9,862,786.71 | 0.0166 | 1.3401 | 12/31/2024 |
| 7 | Franklin Templeton Sealand Fund Management Co., Ltd. | 560,393 | 560,393 | 9,375,374.89 | 0.3119 | 1.2738 | 12/31/2024 |
| 8 | Millennium Management LLC | 501,517 | -186,766 | 8,390,379.41 | 0.0077 | 1.14 | 12/31/2024 |
| 9 | Group One Trading LLC | 431,221 | -446,353 | 7,214,327.33 | 0.293 | 0.9802 | 12/31/2024 |
| 10 | Vanguard Fiduciary Trust Co. | 341,980 | 14,254 | 5,721,325.4 | 0.0066 | 0.7774 | 12/31/2024 |
| 11 | Carmignac Gestion SA | 330,723 | -895,671 | 5,532,995.79 | 0.064 | 0.7518 | 12/31/2024 |
| 12 | Citadel Securities LLC | 274,165 | 178,628 | 4,586,780.45 | 0.0169 | 0.6232 | 12/31/2024 |
| 13 | Nomura Global Financial Products, Inc. | 253,819 | -2,030 | 4,246,391.87 | 0.0437 | 0.577 | 12/31/2024 |
| 14 | Norges Bank Investment Management | 241,910 | 241,910 | 4,047,154.3 | 0.0003 | 0.5499 | 12/31/2024 |
| 15 | Morgan Stanley & Co. LLC | 181,985 | -40,254 | 3,044,609.05 | 0.0012 | 0.4137 | 12/31/2024 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | SPDR S&P Kensho New Economies Composite ETF | 879,358 | -294,346 | 14,711,659.34 | 0.75 | 1.9989 | 03/31/2025 |
| 2 | Vanguard Total International Stock Index Fund | 590,191 | 6,783 | 9,873,895.43 | 0.0021 | 1.3416 | 03/31/2025 |
| 3 | Vanguard Emerging Markets Stock Index Fund | 539,778 | 30,030 | 9,030,485.94 | 0.008 | 1.227 | 03/31/2025 |
| 4 | Franklin Templeton Sealand Greater China Select Balanced Fund | 500,393 | 500,393 | 8,371,574.89 | 2.9072 | 1.1375 | 12/31/2024 |
| 5 | Vanguard Institutional Total Intl. Stock Market Index Tr. II | 303,280 | 14,780 | 5,073,874.4 | 0.0021 | 0.6894 | 03/31/2025 |
| 6 | Vanguard FTSE All World (ex-US) Small Cap | 137,890 | 1,455 | 2,306,899.7 | 0.0207 | 0.3134 | 03/31/2025 |
| 7 | Digital Leaders Fund (The) | 120,000 | -10,000 | 2,007,600 | 3.1833 | 0.2728 | 01/31/2025 |
| 8 | Fonditalia - Equity China | 118,102 | 118,102 | 1,975,846.46 | 0.3632 | 0.2685 | 03/31/2025 |
| 9 | Fullgoal China Small & Medium Caps (HK-Listed) Balanced Fund | 116,767 | 116,767 | 1,953,511.91 | 0.4267 | 0.2654 | 12/31/2024 |
| 10 | Carmignac Portfolio - China New Economy | 82,563 | -317,104 | 1,381,278.99 | 2.4305 | 0.1877 | 03/31/2025 |
| 11 | DNB Fund - Disruptive Opportunities | 60,076 | 6,109 | 1,005,071.48 | 0.8085 | 0.1366 | 02/28/2025 |
| 12 | Franklin Templeton Sealand Asia (ex-Japan) Opportunities Fund | 60,000 | 60,000 | 1,003,800 | 3.4948 | 0.1364 | 12/31/2024 |
| 13 | Vanguard Institutional Total Intl. Stock Market Index Trust | 45,955 | 6,729 | 768,827.15 | 0.0022 | 0.1045 | 02/28/2025 |
| 14 | Invesco Golden Dragon China ETF | 41,317 | 5,990 | 691,233.41 | 0.4684 | 0.0939 | 03/31/2025 |
| 15 | SPDR Portfolio Emerging Markets ETF | 39,405 | 3,180 | 659,245.65 | 0.0063 | 0.0896 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Susquehanna Financial Group LLLP | 761,132 | 686,622 | 12,733,738.36 | 0.0206 | 1.7301 | 12/31/2024 |
| 2 | UBS Securities LLC | 653,420 | 609,783 | 10,931,716.6 | 0.0056 | 1.4853 | 12/31/2024 |
| 3 | Jane Street Capital LLC | 589,527 | 589,527 | 9,862,786.71 | 0.0166 | 1.3401 | 12/31/2024 |
| 4 | Franklin Templeton Sealand Fund Management Co., Ltd. | 560,393 | 560,393 | 9,375,374.89 | 0.3119 | 1.2738 | 12/31/2024 |
| 5 | Norges Bank Investment Management | 241,910 | 241,910 | 4,047,154.3 | 0.0003 | 0.5499 | 12/31/2024 |
| 6 | Citadel Securities LLC | 274,165 | 178,628 | 4,586,780.45 | 0.0169 | 0.6232 | 12/31/2024 |
| 7 | Walleye Capital LLC | 167,462 | 167,462 | 2,801,639.26 | 0.0191 | 0.3807 | 12/31/2024 |
| 8 | UBS Switzerland AG (Investment Management) | 146,630 | 146,630 | 2,453,119.9 | 0.0076 | 0.3333 | 12/31/2024 |
| 9 | Fideuram Asset Management (Ireland) DAC | 136,950 | 136,950 | 2,291,173.5 | 0.0142 | 0.3113 | 03/31/2025 |
| 10 | Simplex Trading LLC | 181,859 | 128,868 | 3,042,501.07 | 0.0884 | 0.4134 | 12/31/2024 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Carmignac Gestion SA | 330,723 | -895,671 | 5,532,995.79 | 0.064 | 0.7518 | 12/31/2024 |
| 2 | Group One Trading LLC | 431,221 | -446,353 | 7,214,327.33 | 0.293 | 0.9802 | 12/31/2024 |
| 3 | SSgA Funds Management, Inc. | 967,066 | -332,120 | 16,179,014.18 | 0.0007 | 2.1983 | 12/31/2024 |
| 4 | Millennium Management LLC | 501,517 | -186,766 | 8,390,379.41 | 0.0077 | 1.14 | 12/31/2024 |
| 5 | GTS Securities LLC | 0 | -91,315 | 0 | 0 | 0 | |
| 6 | Eschler Asset Management LLP | 0 | -83,965 | 0 | 0 | 0 | |
| 7 | Balyasny Asset Management LP | 0 | -74,751 | 0 | 0 | 0 | |
| 8 | HSBC Bank Plc (Broker) | 0 | -70,767 | 0 | 0 | 0 | |
| 9 | Axim Wealth Management LLC | 4,555,695 | -49,213 | 76,216,777.35 | 78.3472 | 10.3556 | 12/31/2024 |
| 10 | SteelPeak Wealth LLC | 21,543 | -45,567 | 360,414.39 | 0.0159 | 0.049 | 12/31/2024 |
Data provided by FactSet Research Systems Inc.