| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Van Eck Associates Corp. | 44,814,173 | -3,691,738 | 988,152,514.65 | 1.095 | 5.007 | 12/31/2024 |
| 2 | RWC Asset Advisors (US) LLC | 6,770,658 | -796,109 | 149,293,008.9 | 3.2375 | 0.7565 | 12/31/2024 |
| 3 | First Eagle Investment Management LLC | 6,191,489 | -921,058 | 136,522,332.45 | 0.1681 | 0.6918 | 12/31/2024 |
| 4 | Dimensional Fund Advisors LP | 5,171,314 | -151,302 | 114,027,473.7 | 0.021 | 0.5778 | 12/31/2024 |
| 5 | Orbis Investment Management Ltd. | 5,024,223 | -424,188 | 110,784,117.15 | 0.3676 | 0.5614 | 12/31/2024 |
| 6 | BlackRock Advisors (UK) Ltd. | 4,478,270 | -262,706 | 98,745,853.5 | 0.0141 | 0.5004 | 12/31/2024 |
| 7 | Massachusetts Financial Services Co. | 4,332,944 | -1,630,833 | 95,541,415.2 | 0.0322 | 0.4841 | 12/31/2024 |
| 8 | Konwave AG | 4,036,667 | 2,372,000 | 89,008,507.35 | 3.585 | 0.451 | 01/31/2025 |
| 9 | BlackRock Asset Management Canada Ltd. | 3,782,586 | 756,591 | 83,406,021.3 | 0.1011 | 0.4226 | 12/31/2024 |
| 10 | Goldman Sachs Asset Management LP | 3,746,766 | 1,098,873 | 82,616,190.3 | 0.0224 | 0.4186 | 12/31/2024 |
| 11 | Invesco Advisers, Inc. | 3,732,727 | 164,535 | 82,306,630.35 | 0.035 | 0.4171 | 12/31/2024 |
| 12 | BlackRock Investment Management (UK) Ltd. | 3,069,853 | -3,428,858 | 67,690,258.65 | 0.0103 | 0.343 | 12/31/2024 |
| 13 | American Century Investment Management, Inc. | 2,976,004 | 178,973 | 65,620,888.2 | 0.0318 | 0.3325 | 12/31/2024 |
| 14 | RWC Asset Management LLP | 2,710,910 | 227,704 | 59,775,565.5 | 0.6859 | 0.3029 | 12/31/2024 |
| 15 | DJE Kapital AG | 2,563,879 | 2,563,879 | 56,533,531.95 | 0.6719 | 0.2865 | 12/31/2024 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | VanEck Gold Miners ETF | 31,332,493 | -9,631,108 | 690,881,470.65 | 4.4204 | 3.5007 | 03/31/2025 |
| 2 | First Eagle Gold Fund | 5,927,329 | -900,000 | 130,697,604.45 | 3.95 | 0.6623 | 01/31/2025 |
| 3 | Redwheel Emerging Markets Equity Fund Ltd. | 5,832,351 | 0 | 128,603,339.55 | 4.6658 | 0.6516 | 06/28/2024 |
| 4 | iShares V Plc - Gold Producers UCITS ETF | 4,565,290 | -167,701 | 100,664,644.5 | 4.1566 | 0.5101 | 03/31/2025 |
| 5 | MFS Emerging Markets Equity Fund | 4,159,968 | -1,468,225 | 91,727,294.4 | 1.1538 | 0.4648 | 03/31/2025 |
| 6 | Multipartner SICAV - KONWAVE Gold Equity Fund | 3,820,000 | 2,320,000 | 84,231,000 | 3.7982 | 0.4268 | 10/31/2024 |
| 7 | iShares S&P/TSX Global Gold Index ETF | 3,816,592 | 790,597 | 84,155,853.6 | 5.2354 | 0.4264 | 03/31/2025 |
| 8 | VanEck UCITS ETFs Plc - Gold Miners UCITS ETF | 3,634,583 | 11,735 | 80,142,555.15 | 4.4082 | 0.4061 | 03/31/2025 |
| 9 | Invesco Gold and Special Minerals Fund | 3,617,670 | 160,000 | 79,769,623.5 | 3.1488 | 0.4042 | 12/31/2024 |
| 10 | Orbis SICAV - International Equity Fund | 3,077,727 | 894,187 | 67,863,880.35 | 2.4187 | 0.3439 | 12/31/2024 |
| 11 | DFA Emerging Markets Core Equity Portfolio | 2,558,539 | -250,903 | 56,415,784.95 | 0.2024 | 0.2859 | 12/31/2024 |
| 12 | Victory Precious Metals and Minerals Fund | 2,125,451 | 0 | 46,866,194.55 | 6.6604 | 0.2375 | 03/31/2025 |
| 13 | American Century Global Gold Fund | 2,006,800 | 253,700 | 44,249,940 | 4.4589 | 0.2242 | 03/31/2025 |
| 14 | DJE - Zins & Dividende | 1,704,491 | 1,152,100 | 37,584,026.55 | 1.6776 | 0.1904 | 11/29/2024 |
| 15 | CPR Invest - Global Gold Mines | 1,673,060 | 0 | 36,890,973 | 4.6686 | 0.1869 | 07/31/2024 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | DJE Kapital AG | 2,563,879 | 2,563,879 | 56,533,531.95 | 0.6719 | 0.2865 | 12/31/2024 |
| 2 | Konwave AG | 4,036,667 | 2,372,000 | 89,008,507.35 | 3.585 | 0.451 | 01/31/2025 |
| 3 | Marshall Wace LLP | 2,114,631 | 1,989,849 | 46,627,613.55 | 0.0606 | 0.2363 | 12/31/2024 |
| 4 | Robeco Institutional Asset Management BV | 1,486,280 | 1,157,398 | 32,772,474 | 0.0386 | 0.1661 | 03/31/2025 |
| 5 | Schroder Investment Management Ltd. | 1,973,109 | 1,102,008 | 43,507,053.45 | 0.0216 | 0.2205 | 12/31/2024 |
| 6 | Goldman Sachs Asset Management LP | 3,746,766 | 1,098,873 | 82,616,190.3 | 0.0224 | 0.4186 | 12/31/2024 |
| 7 | Numeric Investors LLC | 1,417,329 | 772,928 | 31,252,104.45 | 0.1513 | 0.1584 | 12/31/2024 |
| 8 | BlackRock Asset Management Canada Ltd. | 3,782,586 | 756,591 | 83,406,021.3 | 0.1011 | 0.4226 | 12/31/2024 |
| 9 | Silvercrest Asset Management Group LLC | 684,329 | 684,329 | 15,089,454.45 | 0.1098 | 0.0765 | 12/31/2024 |
| 10 | Twin Tree Management LP | 741,564 | 628,940 | 16,351,486.2 | 0.4036 | 0.0829 | 12/31/2024 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Van Eck Associates Corp. | 44,814,173 | -3,691,738 | 988,152,514.65 | 1.095 | 5.007 | 12/31/2024 |
| 2 | BlackRock Investment Management (UK) Ltd. | 3,069,853 | -3,428,858 | 67,690,258.65 | 0.0103 | 0.343 | 12/31/2024 |
| 3 | Massachusetts Financial Services Co. | 4,332,944 | -1,630,833 | 95,541,415.2 | 0.0322 | 0.4841 | 12/31/2024 |
| 4 | First Eagle Investment Management LLC | 6,191,489 | -921,058 | 136,522,332.45 | 0.1681 | 0.6918 | 12/31/2024 |
| 5 | Schroder Investment Management North America, Inc. | 191,797 | -882,754 | 4,229,123.85 | 0.0262 | 0.0214 | 12/31/2024 |
| 6 | USS Investment Management Ltd. | 2,022,029 | -821,660 | 44,585,739.45 | 0.319 | 0.2259 | 12/31/2024 |
| 7 | RWC Asset Advisors (US) LLC | 6,770,658 | -796,109 | 149,293,008.9 | 3.2375 | 0.7565 | 12/31/2024 |
| 8 | RREEF America LLC | 2,044,818 | -745,197 | 45,088,236.9 | 0.2288 | 0.2285 | 12/31/2024 |
| 9 | UBS Asset Management (UK) Ltd. | 0 | -645,683 | 0 | 0 | 0 | |
| 10 | Sprott Asset Management LP | 10,307 | -596,647 | 227,269.35 | 0.0092 | 0.0012 | 12/31/2024 |
Data provided by FactSet Research Systems Inc.