# Holder Name Position Position Change $ Market Value % Port % O/S Rpt Date
1 Goehring & Rozencwajg Associates LLC 1,575,246 114,459 23,289,697.06 0.912 0.1742 05/31/2026
2 Franklin Advisers, Inc. 864,100 0 12,775,545.68 0.0055 0.0955 06/30/2026
3 US Global Investors, Inc. (Asset Management) 308,840 0 4,566,137.63 0.294 0.0341 03/31/2026
4 Konwave AG 250,000 0 3,696,200 0.0891 0.0276 03/31/2026
5 AzValor Asset Management SGIIC SA 81,233 11,323 1,201,013.66 0.0309 0.009 06/30/2026
6 Ampega Investment GmbH 80,000 29,900 1,182,784 0.0225 0.0088 06/30/2026
7 Causeway Capital Management LLC 56,241 8,921 831,511.94 0.0016 0.0062 07/31/2026
8 DWS Investment GmbH 47,251 0 698,596.58 0.0003 0.0052 06/30/2026
9 Nykredit Bank A/S (Investment Management) 43,150 0 637,964.12 0.0014 0.0048 12/31/2024
10 Goose Hollow Capital Management LLC 40,924 40,924 605,053.16 1.509 0.0045 07/31/2026
11 Mack + Weise Vermogensverwaltung GmbH 22,000 0 325,265.6 0.0646 0.0024 12/30/2024
12 ShariaPortfolio, Inc. 20,706 8,090 306,134.07 0.0756 0.0023 07/31/2026
13 GAMMA Investing LLC 17,142 1,971 253,441.04 0.0093 0.0019 06/30/2026
14 DFP Deutsche Finanz Portfolioverwaltung GmbH 13,085 0 193,459.11 0.0597 0.0014 12/31/2025
15 AXA Investment Managers UK Ltd. 12,203 -533 180,418.91 0.0005 0.0013 04/30/2026
# Holder Name Position Position Change $ Market Value % Port % O/S Rpt Date
1 Goehring & Rozencwajg Resources Fund 1,575,246 114,459 23,289,697.06 2.0743 0.1742 05/31/2026
2 Franklin Gold & Precious Metals Fund 864,100 0 12,775,545.68 0.3518 0.0955 06/30/2026
3 U.S. Global Investors Gold and Precious Metals Fund 300,000 0 4,435,440 1.3822 0.0332 03/31/2026
4 Multipartner SICAV - Konwave Transition Metals Fund 250,000 0 3,696,200 0.3577 0.0276 03/31/2026
5 Azvalor Managers, FI 81,233 11,323 1,201,013.66 0.4848 0.009 06/30/2026
6 S&H Rohstoff-Aktien Global 80,000 29,900 1,182,784 4.5274 0.0088 06/30/2026
7 ActivePassive International Equity ETF 56,241 8,921 831,511.94 0.072 0.0062 07/31/2026
8 DWS ESG Multi Asset Dynamic 47,251 0 698,596.58 0.272 0.0052 06/30/2026
9 Nykredit Invest - Engros Globale Aktier Basis ESG 43,150 0 637,964.12 0.0333 0.0048 12/31/2024
10 Goose Hollow Tactical Allocation ETF 40,924 40,924 605,053.16 1.4352 0.0045 07/31/2026
11 M&W Invest: M&W Capital 22,000 0 325,265.6 0.7697 0.0024 12/30/2024
12 SP Funds S&P World (ex-US) ETF 20,706 8,090 306,134.07 0.1462 0.0023 07/31/2026
13 Ganador - Spirit Citadelle Opportunity 12,036 12,036 177,949.85 1.4101 0.0013 06/30/2026
14 National Security Emerging Markets Index ETF 11,533 1,604 170,513.1 0.4099 0.0013 07/31/2026
15 SGI Global Equity Fund 10,260 10,260 151,692.05 0.1964 0.0011 05/31/2026
# Holder Name Position Position Change $ Market Value % Port % O/S Rpt Date
1 Goehring & Rozencwajg Associates LLC 1,575,246 114,459 23,289,697.06 0.912 0.1742 05/31/2026
2 Goose Hollow Capital Management LLC 40,924 40,924 605,053.16 1.509 0.0045 07/31/2026
3 Ampega Investment GmbH 80,000 29,900 1,182,784 0.0225 0.0088 06/30/2026
4 Spirit Asset Management SA 12,036 12,036 177,949.85 0.0988 0.0013 06/30/2026
5 AzValor Asset Management SGIIC SA 81,233 11,323 1,201,013.66 0.0309 0.009 06/30/2026
6 Summit Global Investments LLC 10,260 10,260 151,692.05 0.008 0.0011 05/31/2026
7 Causeway Capital Management LLC 56,241 8,921 831,511.94 0.0016 0.0062 07/31/2026
8 ShariaPortfolio, Inc. 20,706 8,090 306,134.07 0.0756 0.0023 07/31/2026
9 RhumbLine Advisers LP 2,924 2,149 43,230.76 0 0.0003 06/30/2026
10 GAMMA Investing LLC 17,142 1,971 253,441.04 0.0093 0.0019 06/30/2026
# Holder Name Position Position Change $ Market Value % Port % O/S Rpt Date
1 Newton Investment Management North America LLC 0 -647,125 0 0 0
2 Principal Global Investors LLC 0 -93,113 0 0 0
3 Vontobel Asset Management AG 0 -70,309 0 0 0
4 Sarmaya Partners LLC 0 -47,153 0 0 0
5 Yousif Capital Management LLC 0 -15,645 0 0 0
6 AXA Investment Managers UK Ltd. 12,203 -533 180,418.91 0.0005 0.0013 04/30/2026
7 Strategic Investment Solutions, Inc. (Illinois) 0 -350 0 0 0

Data provided by FactSet Research Systems Inc.