| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Kopernik Global Investors LLC | 4,415,543 | 656,216 | 51,485,231.38 | 0.8273 | 6.8063 | 03/31/2026 |
| 2 | Nomura Investment Management Business Trust | 2,087,011 | -131,951 | 24,334,548.26 | 0.0274 | 3.217 | 03/31/2026 |
| 3 | Systrade AG | 1,100,000 | 730,246 | 12,826,000 | 7.6669 | 1.6956 | 03/31/2026 |
| 4 | Crocodile Capital Partners GmbH | 972,380 | 828,611 | 11,337,950.8 | 3.6737 | 1.4989 | 03/31/2026 |
| 5 | Global X Management Co. LLC | 933,289 | 145,844 | 10,882,149.74 | 0.0102 | 1.4386 | 03/31/2026 |
| 6 | VR Advisory Services (USA) LLC | 692,830 | -201,144 | 8,078,397.8 | 0.8848 | 1.068 | 03/31/2026 |
| 7 | Glenorchy Capital Ltd. | 328,160 | 4,791 | 3,826,345.6 | 2.206 | 0.5058 | 03/31/2026 |
| 8 | BNP Paribas Financial Markets SNC | 257,313 | 256,931 | 3,000,269.58 | 0.0016 | 0.3966 | 03/31/2026 |
| 9 | 683 Capital Management LLC | 240,000 | -204,504 | 2,798,400 | 0.2277 | 0.3699 | 03/31/2026 |
| 10 | Renta 4 Gestora SGIIC SA | 223,849 | 31,021 | 2,610,079.34 | 0.1834 | 0.3451 | 12/31/2025 |
| 11 | NexPoint Asset Management LP | 170,852 | 0 | 1,992,134.32 | 0.2134 | 0.2634 | 03/31/2026 |
| 12 | Ping Capital Management, Inc. | 149,355 | 27,533 | 1,741,479.3 | 0.6209 | 0.2302 | 03/31/2026 |
| 13 | Citadel Advisors LLC | 146,645 | 146,645 | 1,709,880.7 | 0.0016 | 0.226 | 03/31/2026 |
| 14 | Warburg Invest Kapitalanlagegesellschaft MBH | 145,000 | 0 | 1,690,700 | 0.1245 | 0.2235 | 11/28/2025 |
| 15 | Modern Capital Management Co. | 134,612 | -5,130 | 1,569,575.92 | 2.3903 | 0.2075 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Kopernik Global All Cap Fund | 1,929,005 | 0 | 22,492,198.3 | 0.6932 | 2.9735 | 04/30/2026 |
| 2 | Nomura Emerging Markets Fund | 1,643,789 | 0 | 19,166,579.74 | 0.1001 | 2.5338 | 04/30/2026 |
| 3 | Heptagon Fund ICAV - Kopernik Global All-Cap Equity Fund | 1,323,900 | 0 | 15,436,674 | 0.6265 | 2.0407 | 12/31/2025 |
| 4 | Global X MSCI Argentina ETF | 1,003,954 | 139,156 | 11,706,103.64 | 1.3102 | 1.5475 | 05/29/2026 |
| 5 | Nomura VIP Emerging Markets Series | 231,511 | -65,000 | 2,699,418.26 | 0.1601 | 0.3569 | 04/30/2026 |
| 6 | Avantage Fund, FI | 223,849 | 31,021 | 2,610,079.34 | 1.8554 | 0.3451 | 12/31/2025 |
| 7 | St. James Place Unit Trust - Global Smaller Companies | 216,734 | 0 | 2,527,118.44 | 0.0455 | 0.3341 | 09/30/2025 |
| 8 | Warburg Value Fund | 145,000 | 0 | 1,690,700 | 1.2809 | 0.2235 | 11/28/2025 |
| 9 | Crocodile Capital - 1 Global Focus | 143,769 | 0 | 1,676,346.54 | 0.6775 | 0.2216 | 06/30/2025 |
| 10 | Modern Capital Tactical Income Fund | 134,612 | -5,130 | 1,569,575.92 | 2.2691 | 0.2075 | 03/31/2026 |
| 11 | Lasixx Fund - Forte | 100,846 | 846 | 1,175,864.36 | 1.0167 | 0.1554 | 04/30/2026 |
| 12 | TIFF Multi Asset Fund | 95,756 | 8,231 | 1,116,514.96 | 0.0816 | 0.1476 | 03/31/2026 |
| 13 | Kopernik Global Collective Investment Trust - Global All Cap | 79,056 | -35,587 | 921,792.96 | 0.6932 | 0.1219 | 04/30/2026 |
| 14 | Eaton Vance Emerging & Frontier Countries Equity Fund | 78,095 | 0 | 910,587.7 | 0.0225 | 0.1204 | 04/30/2026 |
| 15 | Eaton Vance Global Macro Capital Opportunities Portfolio | 78,095 | 0 | 910,587.7 | 0.0237 | 0.1204 | 01/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Crocodile Capital Partners GmbH | 972,380 | 828,611 | 11,337,950.8 | 3.6737 | 1.4989 | 03/31/2026 |
| 2 | Systrade AG | 1,100,000 | 730,246 | 12,826,000 | 7.6669 | 1.6956 | 03/31/2026 |
| 3 | Kopernik Global Investors LLC | 4,415,543 | 656,216 | 51,485,231.38 | 0.8273 | 6.8063 | 03/31/2026 |
| 4 | BNP Paribas Financial Markets SNC | 257,313 | 256,931 | 3,000,269.58 | 0.0016 | 0.3966 | 03/31/2026 |
| 5 | Citadel Advisors LLC | 146,645 | 146,645 | 1,709,880.7 | 0.0016 | 0.226 | 03/31/2026 |
| 6 | Global X Management Co. LLC | 933,289 | 145,844 | 10,882,149.74 | 0.0102 | 1.4386 | 03/31/2026 |
| 7 | Boston Management & Research | 128,364 | 126,864 | 1,496,724.24 | 0.0023 | 0.1979 | 03/31/2026 |
| 8 | Point72 Asset Management LP | 96,340 | 96,340 | 1,123,324.4 | 0.0016 | 0.1485 | 03/31/2026 |
| 9 | Jane Street Capital LLC | 77,744 | 56,709 | 906,495.04 | 0.0008 | 0.1198 | 03/31/2026 |
| 10 | Citadel Securities LLC | 59,380 | 48,968 | 692,370.8 | 0.0014 | 0.0915 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | GMT Capital Corp. | 0 | -1,072,711 | 0 | 0 | 0 | |
| 2 | Hosking Partners LLP | 0 | -628,659 | 0 | 0 | 0 | |
| 3 | Helikon Investments Ltd. | 0 | -398,524 | 0 | 0 | 0 | |
| 4 | 683 Capital Management LLC | 240,000 | -204,504 | 2,798,400 | 0.2277 | 0.3699 | 03/31/2026 |
| 5 | VR Advisory Services (USA) LLC | 692,830 | -201,144 | 8,078,397.8 | 0.8848 | 1.068 | 03/31/2026 |
| 6 | UBS Switzerland AG (Investment Management) | 3,100 | -162,035 | 36,146 | 0.0001 | 0.0048 | 03/31/2026 |
| 7 | Nomura Investment Management Business Trust | 2,087,011 | -131,951 | 24,334,548.26 | 0.0274 | 3.217 | 03/31/2026 |
| 8 | Marshall Wace LLP | 0 | -123,986 | 0 | 0 | 0 | |
| 9 | BlackRock Asset Management Canada Ltd. | 0 | -94,125 | 0 | 0 | 0 | |
| 10 | Citigroup Global Markets, Inc. (Investment Management) | 29 | -56,306 | 338.14 | 0 | 0 | 03/31/2026 |
Data provided by FactSet Research Systems Inc.