| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Kopernik Global Investors LLC | 4,415,543 | 168,662 | 47,687,864.4 | 0.7201 | 6.8063 | 03/31/2026 |
| 2 | Nomura Investment Management Business Trust | 2,087,011 | -103,235 | 22,539,718.8 | 0.0271 | 3.217 | 03/31/2026 |
| 3 | Systrade AG | 1,100,000 | 35,007 | 11,880,000 | 7.5205 | 1.6956 | 06/30/2026 |
| 4 | Crocodile Capital Partners GmbH | 972,380 | 205,203 | 10,501,704 | 3.5259 | 1.4989 | 06/30/2026 |
| 5 | Global X Management Co. LLC | 933,289 | 101,871 | 10,079,521.2 | 0.0096 | 1.4386 | 03/31/2026 |
| 6 | VR Advisory Services (USA) LLC | 692,830 | 0 | 7,482,564 | 0.7949 | 1.068 | 03/31/2026 |
| 7 | Glenorchy Capital Ltd. | 338,520 | 20,874 | 3,656,016 | 2.1397 | 0.5218 | 06/30/2026 |
| 8 | BNP Paribas Financial Markets SNC | 257,313 | 171,557 | 2,778,980.4 | 0.0015 | 0.3966 | 03/31/2026 |
| 9 | Renta 4 Gestora SGIIC SA | 242,110 | 18,261 | 2,614,788 | 0.1826 | 0.3732 | 06/30/2026 |
| 10 | 683 Capital Management LLC | 240,000 | -183,552 | 2,592,000 | 0.2025 | 0.3699 | 03/31/2026 |
| 11 | Ping Capital Management, Inc. | 171,355 | 36,534 | 1,850,634 | 0.5836 | 0.2641 | 06/30/2026 |
| 12 | NexPoint Asset Management LP | 170,852 | 170,852 | 1,845,201.6 | 0.2318 | 0.2634 | 03/31/2026 |
| 13 | Citadel Advisors LLC | 146,645 | 121,808 | 1,583,766 | 0.0014 | 0.226 | 03/31/2026 |
| 14 | Warburg Invest Kapitalanlagegesellschaft MBH | 145,000 | 0 | 1,566,000 | 0.1127 | 0.2235 | 11/28/2025 |
| 15 | Modern Capital Management Co. | 134,612 | 3,476 | 1,453,809.6 | 2.2025 | 0.2075 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Kopernik Global All Cap Fund | 1,974,119 | 45,114 | 21,320,485.2 | 0.6467 | 3.043 | 06/30/2026 |
| 2 | Nomura Emerging Markets Fund | 1,643,789 | 0 | 17,752,921.2 | 0.1495 | 2.5338 | 06/30/2026 |
| 3 | Heptagon Fund ICAV - Kopernik Global All-Cap Equity Fund | 1,323,900 | 0 | 14,298,120 | 0.5614 | 2.0407 | 12/31/2025 |
| 4 | Global X MSCI Argentina ETF | 1,139,655 | 240,635 | 12,308,274 | 1.4965 | 1.7567 | 07/31/2026 |
| 5 | Avantage Fund, FI | 242,110 | 18,261 | 2,614,788 | 1.7134 | 0.3732 | 06/30/2026 |
| 6 | Nomura VIP Emerging Markets Series | 231,511 | -65,000 | 2,500,318.8 | 0.2326 | 0.3569 | 06/30/2026 |
| 7 | St. James Place Unit Trust - Global Smaller Companies | 216,734 | 0 | 2,340,727.2 | 0.0414 | 0.3341 | 09/30/2025 |
| 8 | Warburg Value Fund | 145,000 | 0 | 1,566,000 | 1.1429 | 0.2235 | 11/28/2025 |
| 9 | Crocodile Capital - 1 Global Focus | 143,769 | 0 | 1,552,705.2 | 0.6284 | 0.2216 | 06/30/2025 |
| 10 | Modern Capital Tactical Income Fund | 134,612 | 3,476 | 1,453,809.6 | 2.0913 | 0.2075 | 03/31/2026 |
| 11 | Lasixx Fund - Forte | 100,846 | 0 | 1,089,136.8 | 0.8923 | 0.1554 | 06/30/2026 |
| 12 | TIFF Multi Asset Fund | 95,756 | -1 | 1,034,164.8 | 0.0733 | 0.1476 | 03/31/2026 |
| 13 | Kopernik Global Collective Investment Trust - Global All Cap | 82,284 | -32,359 | 888,667.2 | 0.6465 | 0.1268 | 06/30/2026 |
| 14 | Eaton Vance Emerging & Frontier Countries Equity Fund | 78,095 | 0 | 843,426 | 0.0217 | 0.1204 | 05/31/2026 |
| 15 | Eaton Vance Global Macro Capital Opportunities Portfolio | 78,095 | 0 | 843,426 | 0.0223 | 0.1204 | 04/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Crocodile Capital Partners GmbH | 972,380 | 205,203 | 10,501,704 | 3.5259 | 1.4989 | 06/30/2026 |
| 2 | BNP Paribas Financial Markets SNC | 257,313 | 171,557 | 2,778,980.4 | 0.0015 | 0.3966 | 03/31/2026 |
| 3 | NexPoint Asset Management LP | 170,852 | 170,852 | 1,845,201.6 | 0.2318 | 0.2634 | 03/31/2026 |
| 4 | Kopernik Global Investors LLC | 4,415,543 | 168,662 | 47,687,864.4 | 0.7201 | 6.8063 | 03/31/2026 |
| 5 | Citadel Advisors LLC | 146,645 | 121,808 | 1,583,766 | 0.0014 | 0.226 | 03/31/2026 |
| 6 | Global X Management Co. LLC | 933,289 | 101,871 | 10,079,521.2 | 0.0096 | 1.4386 | 03/31/2026 |
| 7 | Point72 Asset Management LP | 96,340 | 96,340 | 1,040,472 | 0.0015 | 0.1485 | 03/31/2026 |
| 8 | Morgan Stanley & Co. International Plc | 68,331 | 63,396 | 737,974.8 | 0.006 | 0.1053 | 03/31/2026 |
| 9 | Ping Capital Management, Inc. | 171,355 | 36,534 | 1,850,634 | 0.5836 | 0.2641 | 06/30/2026 |
| 10 | Systrade AG | 1,100,000 | 35,007 | 11,880,000 | 7.5205 | 1.6956 | 06/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Hosking Partners LLP | 0 | -621,279 | 0 | 0 | 0 | |
| 2 | 683 Capital Management LLC | 240,000 | -183,552 | 2,592,000 | 0.2025 | 0.3699 | 03/31/2026 |
| 3 | GMT Capital Corp. | 0 | -164,579 | 0 | 0 | 0 | |
| 4 | UBS Switzerland AG (Investment Management) | 3,100 | -140,000 | 33,480 | 0.0001 | 0.0048 | 03/31/2026 |
| 5 | Nomura Investment Management Business Trust | 2,087,011 | -103,235 | 22,539,718.8 | 0.0271 | 3.217 | 03/31/2026 |
| 6 | Citadel Securities LLC | 59,380 | -91,740 | 641,304 | 0.0013 | 0.0915 | 03/31/2026 |
| 7 | Goldman Sachs & Co. LLC (Private Banking) | 55,205 | -59,163 | 596,214 | 0.0002 | 0.0851 | 03/31/2026 |
| 8 | SEI Investments Management Corp. | 79,057 | -43,404 | 853,815.6 | 0.0006 | 0.1219 | 03/31/2026 |
| 9 | Marshall Wace LLP | 0 | -39,413 | 0 | 0 | 0 | |
| 10 | Millennium Management LLC | 0 | -21,832 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.