| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Kopernik Global Investors LLC | 4,767,644 | 352,101 | 54,589,523.8 | 0.8173 | 6.7215 | 06/30/2026 |
| 2 | Nomura Investment Management Business Trust | 2,069,901 | -17,110 | 23,700,366.45 | 0.0296 | 2.9182 | 06/30/2026 |
| 3 | Global X Management Co. LLC | 1,180,775 | 247,486 | 13,519,873.75 | 0.0139 | 1.6647 | 06/30/2026 |
| 4 | Systrade AG | 1,100,000 | 0 | 12,595,000 | 6.4731 | 1.5508 | 09/30/2026 |
| 5 | Crocodile Capital Partners GmbH | 972,380 | 0 | 11,133,751 | 3.6753 | 1.3709 | 09/30/2026 |
| 6 | VR Advisory Services (USA) LLC | 692,830 | 0 | 7,932,903.5 | 0.7128 | 0.9768 | 06/30/2026 |
| 7 | Glenorchy Capital Ltd. | 338,520 | 10,360 | 3,876,054 | 2.1163 | 0.4773 | 06/30/2026 |
| 8 | BNP Paribas Financial Markets SNC | 324,440 | 67,127 | 3,714,838 | 0.002 | 0.4574 | 06/30/2026 |
| 9 | Renta 4 Gestora SGIIC SA | 242,110 | 18,261 | 2,772,159.5 | 0.2039 | 0.3413 | 06/30/2026 |
| 10 | Ping Capital Management, Inc. | 178,055 | 28,700 | 2,038,729.75 | 0.6666 | 0.251 | 09/30/2026 |
| 11 | SG Value Partners AG | 173,237 | 0 | 1,983,563.65 | 1.2416 | 0.2442 | 11/28/2025 |
| 12 | NexPoint Asset Management LP | 170,852 | 0 | 1,956,255.4 | 0.1972 | 0.2409 | 06/30/2026 |
| 13 | PRAETORIAN PR LLC | 154,169 | 154,169 | 1,765,235.05 | 0.5139 | 0.2174 | 06/30/2026 |
| 14 | Steadtrust LLC | 130,608 | -1,984 | 1,495,461.6 | 0.822 | 0.1841 | 06/30/2026 |
| 15 | Ante Asset Management AG | 110,759 | 0 | 1,268,190.55 | 1.2464 | 0.1562 | 08/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Kopernik Global All Cap Fund | 2,049,304 | 120,299 | 23,464,530.8 | 0.7289 | 2.8892 | 08/31/2026 |
| 2 | Heptagon Fund ICAV - Kopernik Global All-Cap Equity Fund | 1,869,351 | 545,451 | 21,404,068.95 | 0.754 | 2.6355 | 08/31/2026 |
| 3 | Nomura Emerging Markets Fund | 1,643,789 | 0 | 18,821,384.05 | 0.1905 | 2.3175 | 08/31/2026 |
| 4 | Global X MSCI Argentina ETF | 996,544 | 63,255 | 11,410,428.8 | 1.5619 | 1.405 | 09/30/2026 |
| 5 | St. James Place Unit Trust - Global Smaller Companies | 253,767 | 0 | 2,905,632.15 | 0.0468 | 0.3578 | 03/31/2026 |
| 6 | Avantage Fund, FI | 242,110 | 18,261 | 2,772,159.5 | 1.8541 | 0.3413 | 06/30/2026 |
| 7 | Nomura VIP Emerging Markets Series | 231,511 | 0 | 2,650,800.95 | 0.2943 | 0.3264 | 08/31/2026 |
| 8 | Warburg Value Fund | 145,000 | 0 | 1,660,250 | 1.2935 | 0.2044 | 11/28/2025 |
| 9 | Crocodile Capital - 1 Global Focus | 143,769 | 0 | 1,646,155.05 | 0.6956 | 0.2027 | 06/30/2025 |
| 10 | Lasixx Fund - Forte | 100,846 | 0 | 1,154,686.7 | 0.932 | 0.1422 | 08/31/2026 |
| 11 | TIFF Multi Asset Fund | 95,808 | 52 | 1,097,001.6 | 0.0829 | 0.1351 | 06/30/2026 |
| 12 | Kopernik Global Collective Investment Trust - Global All Cap | 86,313 | 7,257 | 988,283.85 | 0.7742 | 0.1217 | 08/31/2026 |
| 13 | Eaton Vance Emerging & Frontier Countries Equity Fund | 78,095 | 0 | 894,187.75 | 0.0228 | 0.1101 | 08/31/2026 |
| 14 | Eaton Vance Global Macro Capital Opportunities Portfolio | 78,095 | 0 | 894,187.75 | 0.0231 | 0.1101 | 07/31/2026 |
| 15 | RPS Long Bias Argentina FIF em Acoes | 76,486 | 76,486 | 875,764.7 | 8.0891 | 0.1078 | 05/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Kopernik Global Investors LLC | 4,767,644 | 352,101 | 54,589,523.8 | 0.8173 | 6.7215 | 06/30/2026 |
| 2 | Global X Management Co. LLC | 1,180,775 | 247,486 | 13,519,873.75 | 0.0139 | 1.6647 | 06/30/2026 |
| 3 | PRAETORIAN PR LLC | 154,169 | 154,169 | 1,765,235.05 | 0.5139 | 0.2174 | 06/30/2026 |
| 4 | Dauntless Investment Group LLC | 80,186 | 80,186 | 918,129.7 | 1.6825 | 0.113 | 06/30/2026 |
| 5 | RPS Capital Administradora de Recursos Ltda. | 76,486 | 76,486 | 875,764.7 | 1.5685 | 0.1078 | 05/31/2026 |
| 6 | UBS Switzerland AG (Investment Management) | 74,100 | 71,000 | 848,445 | 0.0014 | 0.1045 | 06/30/2026 |
| 7 | BNP Paribas Financial Markets SNC | 324,440 | 67,127 | 3,714,838 | 0.002 | 0.4574 | 06/30/2026 |
| 8 | OceanIQ Capital LLC | 66,340 | 66,340 | 759,593 | 0.4309 | 0.0935 | 09/30/2026 |
| 9 | Goldman Sachs & Co. LLC (Private Banking) | 96,049 | 40,844 | 1,099,761.05 | 0.0003 | 0.1354 | 06/30/2026 |
| 10 | Axxion SA (Luxembourg) | 37,312 | 37,312 | 427,222.4 | 0.0179 | 0.0526 | 09/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | 683 Capital Management LLC | 50,000 | -190,000 | 572,500 | 0.052 | 0.0705 | 06/30/2026 |
| 2 | Citadel Advisors LLC | 0 | -146,645 | 0 | 0 | 0 | |
| 3 | Modern Capital Management Co. | 0 | -134,612 | 0 | 0 | 0 | |
| 4 | Point72 Asset Management LP | 0 | -96,340 | 0 | 0 | 0 | |
| 5 | Jane Street Capital LLC | 0 | -77,744 | 0 | 0 | 0 | |
| 6 | Citadel Securities LLC | 0 | -59,380 | 0 | 0 | 0 | |
| 7 | Boston Management & Research | 78,095 | -50,269 | 894,187.75 | 0.0013 | 0.1101 | 06/30/2026 |
| 8 | XTX Markets LLC | 0 | -27,102 | 0 | 0 | 0 | |
| 9 | State of Wisconsin Investment Board | 0 | -21,366 | 0 | 0 | 0 | |
| 10 | JPMorgan Securities LLC (Investment Management) | 19,623 | -19,725 | 224,683.35 | 0.0001 | 0.0277 | 06/30/2026 |
Data provided by FactSet Research Systems Inc.