| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Van Eck Associates Corp. | 33,763,346 | -11,050,827 | 1,278,617,913.02 | 1.0964 | 3.7723 | 06/30/2025 |
| 2 | Arrowstreet Capital LP | 5,549,220 | 5,549,220 | 210,148,961.4 | 0.1346 | 0.62 | 06/30/2025 |
| 3 | Dimensional Fund Advisors LP | 5,210,828 | 39,514 | 197,334,056.36 | 0.0308 | 0.5822 | 06/30/2025 |
| 4 | BlackRock Advisors (UK) Ltd. | 5,018,413 | 540,143 | 190,047,300.31 | 0.0223 | 0.5607 | 06/30/2025 |
| 5 | Invesco Advisers, Inc. | 4,893,402 | 1,160,675 | 185,313,133.74 | 0.0751 | 0.5467 | 06/30/2025 |
| 6 | DJE Kapital AG | 4,511,125 | 1,947,246 | 170,836,303.75 | 1.8068 | 0.504 | 06/30/2025 |
| 7 | First Eagle Investment Management LLC | 3,582,235 | -2,609,254 | 135,659,239.45 | 0.1406 | 0.4002 | 06/30/2025 |
| 8 | BlackRock Asset Management Canada Ltd. | 3,445,743 | -336,843 | 130,490,287.41 | 0.1233 | 0.385 | 06/30/2025 |
| 9 | American Century Investment Management, Inc. | 3,327,085 | 351,081 | 125,996,708.95 | 0.0499 | 0.3717 | 06/30/2025 |
| 10 | Robeco Institutional Asset Management BV | 3,308,969 | 2,723,006 | 125,310,656.03 | 0.1187 | 0.3697 | 06/30/2025 |
| 11 | RWC Asset Advisors (US) LLC | 3,280,386 | -3,490,272 | 124,228,217.82 | 2.1283 | 0.3665 | 06/30/2025 |
| 12 | Massachusetts Financial Services Co. | 3,099,568 | -1,233,376 | 117,380,640.16 | 0.0357 | 0.3463 | 06/30/2025 |
| 13 | RREEF America LLC | 2,794,149 | 749,331 | 105,814,422.63 | 0.5618 | 0.3122 | 06/30/2025 |
| 14 | CPR Asset Management SA | 2,753,381 | 693,080 | 104,270,538.47 | 0.3264 | 0.3076 | 06/30/2025 |
| 15 | Goldman Sachs Asset Management LP | 2,715,253 | -1,031,513 | 102,826,631.11 | 0.0227 | 0.3034 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | VanEck Gold Miners ETF | 27,602,651 | -5,751,715 | 1,045,312,393.37 | 5.09 | 3.084 | 08/29/2025 |
| 2 | First Eagle Gold Fund | 5,927,329 | 0 | 224,467,949.23 | 5.1097 | 0.6623 | 04/30/2025 |
| 3 | Redwheel Emerging Markets Equity Fund Ltd. | 5,832,351 | 0 | 220,871,132.37 | 6.3926 | 0.6516 | 06/28/2024 |
| 4 | iShares V Plc - Gold Producers UCITS ETF | 5,142,889 | 822,202 | 194,761,206.43 | 5.5099 | 0.5746 | 08/29/2025 |
| 5 | Invesco Gold and Special Minerals Fund | 4,888,967 | 1,271,297 | 185,145,180.29 | 5.3154 | 0.5462 | 06/30/2025 |
| 6 | iShares S&P/TSX Global Gold Index ETF | 3,522,703 | -54,528 | 133,404,762.61 | 6.1487 | 0.3936 | 08/29/2025 |
| 7 | VanEck UCITS ETFs Plc - Gold Miners UCITS ETF | 3,112,580 | -506,904 | 117,873,404.6 | 5.0851 | 0.3478 | 08/29/2025 |
| 8 | Orbis SICAV - International Equity Fund | 3,077,727 | 0 | 116,553,521.49 | 3.4129 | 0.3439 | 12/31/2024 |
| 9 | MFS Emerging Markets Equity Fund | 2,886,454 | -1,246,952 | 109,310,012.98 | 1.1279 | 0.3225 | 07/31/2025 |
| 10 | DFA Emerging Markets Core Equity 2 Portfolio | 2,558,539 | 0 | 96,891,871.93 | 0.2886 | 0.2859 | 06/30/2025 |
| 11 | Victory Precious Metals and Minerals Fund | 2,139,741 | 14,290 | 81,031,991.67 | 8.3496 | 0.2391 | 06/30/2025 |
| 12 | CPR Invest - Global Gold Mines | 2,137,894 | 0 | 80,962,045.78 | 6.3425 | 0.2389 | 01/31/2025 |
| 13 | DJE - Zins & Dividende | 1,900,022 | 216,800 | 71,953,833.14 | 2.7152 | 0.2123 | 06/30/2025 |
| 14 | American Century Global Gold Fund | 1,897,800 | 8,400 | 71,869,686 | 5.2596 | 0.212 | 06/30/2025 |
| 15 | Amundi Funds - CPR Global Gold Mines | 1,490,516 | 0 | 56,445,840.92 | 5.1818 | 0.1665 | 01/31/2024 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Arrowstreet Capital LP | 5,549,220 | 5,549,220 | 210,148,961.4 | 0.1346 | 0.62 | 06/30/2025 |
| 2 | Robeco Institutional Asset Management BV | 3,308,969 | 2,723,006 | 125,310,656.03 | 0.1187 | 0.3697 | 06/30/2025 |
| 3 | Clark Capital Management Group, Inc. | 2,256,117 | 2,256,117 | 85,439,150.79 | 0.5509 | 0.2521 | 06/30/2025 |
| 4 | DJE Kapital AG | 4,511,125 | 1,947,246 | 170,836,303.75 | 1.8068 | 0.504 | 06/30/2025 |
| 5 | Schroder Investment Management North America, Inc. | 1,841,632 | 1,649,835 | 69,742,603.84 | 0.0726 | 0.2058 | 06/30/2025 |
| 6 | Causeway Capital Management LLC | 1,353,653 | 1,353,653 | 51,262,839.11 | 0.1195 | 0.1512 | 06/30/2025 |
| 7 | Invesco Advisers, Inc. | 4,893,402 | 1,160,675 | 185,313,133.74 | 0.0751 | 0.5467 | 06/30/2025 |
| 8 | Susquehanna Financial Group LLLP | 1,245,003 | 890,648 | 47,148,263.61 | 0.0678 | 0.1391 | 06/30/2025 |
| 9 | RREEF America LLC | 2,794,149 | 749,331 | 105,814,422.63 | 0.5618 | 0.3122 | 06/30/2025 |
| 10 | Citadel Advisors LLC | 715,384 | 715,384 | 27,091,592.08 | 0.0303 | 0.0799 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Van Eck Associates Corp. | 33,763,346 | -11,050,827 | 1,278,617,913.02 | 1.0964 | 3.7723 | 06/30/2025 |
| 2 | RWC Asset Advisors (US) LLC | 3,280,386 | -3,490,272 | 124,228,217.82 | 2.1283 | 0.3665 | 06/30/2025 |
| 3 | First Eagle Investment Management LLC | 3,582,235 | -2,609,254 | 135,659,239.45 | 0.1406 | 0.4002 | 06/30/2025 |
| 4 | BlackRock Investment Management (UK) Ltd. | 657,925 | -2,411,928 | 24,915,619.75 | 0.0033 | 0.0735 | 06/30/2025 |
| 5 | Orbis Investment Management Ltd. | 2,669,748 | -2,354,475 | 101,103,356.76 | 0.2754 | 0.2983 | 06/30/2025 |
| 6 | Schroder Investment Management Ltd. | 0 | -1,973,109 | 0 | 0 | 0 | |
| 7 | Marshall Wace LLP | 559,708 | -1,554,923 | 21,196,141.96 | 0.0233 | 0.0625 | 06/30/2025 |
| 8 | BAMCO, Inc. | 562,299 | -1,436,020 | 21,294,263.13 | 0.0508 | 0.0628 | 06/30/2025 |
| 9 | RWC Asset Management LLP | 1,312,852 | -1,398,058 | 49,717,705.24 | 0.5162 | 0.1467 | 06/30/2025 |
| 10 | Massachusetts Financial Services Co. | 3,099,568 | -1,233,376 | 117,380,640.16 | 0.0357 | 0.3463 | 06/30/2025 |
Data provided by FactSet Research Systems Inc.