# Holder Name Position Position Change $ Market Value % Port % O/S Rpt Date
1 Goehring & Rozencwajg Associates LLC 1,545,994 85,207 15,903,485.68 0.8221 0.1709 02/28/2026
2 Franklin Advisers, Inc. 864,100 0 8,888,910.29 0.0039 0.0955 05/31/2026
3 Newton Investment Management North America LLC 641,668 -277,979 6,600,774.55 0.0117 0.071 05/31/2026
4 US Global Investors, Inc. (Asset Management) 308,840 0 3,177,006.2 0.2134 0.0341 03/31/2026
5 Konwave AG 250,000 0 2,571,725 0.0803 0.0276 12/31/2025
6 Principal Global Investors LLC 127,835 3,851 1,315,025.86 0.0006 0.0141 05/31/2026
7 Ampega Investment GmbH 93,300 43,200 959,767.77 0.0191 0.0103 05/29/2026
8 AzValor Asset Management SGIIC SA 69,910 0 719,157.18 0.0231 0.0077 12/31/2025
9 DWS Investment GmbH 47,251 -4,249 486,066.31 0.0002 0.0052 05/29/2026
10 Causeway Capital Management LLC 43,480 -3,708 447,274.41 0.0009 0.0048 06/30/2026
11 Nykredit Bank A/S (Investment Management) 43,150 0 443,879.74 0.0017 0.0048 12/31/2024
12 Goose Hollow Capital Management LLC 25,000 25,000 257,172.5 0.6563 0.0028 06/30/2026
13 Mack + Weise Vermogensverwaltung GmbH 22,000 0 226,311.8 0.0575 0.0024 12/30/2024
14 ShariaPortfolio, Inc. 19,394 7,774 199,504.14 0.0522 0.0021 06/30/2026
15 GAMMA Investing LLC 17,142 1,971 176,338.04 0.0066 0.0019 06/30/2026
# Holder Name Position Position Change $ Market Value % Port % O/S Rpt Date
1 Goehring & Rozencwajg Resources Fund 1,545,994 85,207 15,903,485.68 1.8305 0.1709 02/28/2026
2 Franklin Gold & Precious Metals Fund 864,100 0 8,888,910.29 0.3062 0.0955 05/31/2026
3 BNY Mellon Natural Resources Fund 494,869 -206,705 5,090,667.92 0.4548 0.0547 05/29/2026
4 US Global Investors - Gold & Precious Metals Fund 300,000 0 3,086,070 1.2917 0.0332 03/31/2026
5 Multipartner SICAV - Konwave Transition Metals Fund 250,000 0 2,571,725 0.7248 0.0276 12/31/2025
6 NYLIM VP Natural Resources Portfolio 146,799 -71,274 1,510,106.63 0.4642 0.0162 05/31/2026
7 Principal Funds, Inc. - Diversified Real Asset Fund 127,835 3,851 1,315,025.86 0.0496 0.0141 05/31/2026
8 S&H Rohstoff-Aktien Global 93,300 43,200 959,767.77 4.2561 0.0103 05/29/2026
9 Azvalor Managers, FI 69,910 0 719,157.18 0.3889 0.0077 12/31/2025
10 DWS ESG Multi Asset Dynamic 47,251 -4,249 486,066.31 0.2061 0.0052 05/29/2026
11 ActivePassive International Equity ETF 43,480 -3,708 447,274.41 0.0419 0.0048 06/30/2026
12 Nykredit Invest - Engros Globale Aktier Basis ESG 43,150 0 443,879.74 0.024 0.0048 12/31/2024
13 Goose Hollow Tactical Allocation ETF 25,000 25,000 257,172.5 0.6309 0.0028 06/30/2026
14 M&W Invest: M&W Capital 22,000 0 226,311.8 0.7171 0.0024 12/30/2024
15 SP Funds S&P World (ex-US) ETF 19,394 7,774 199,504.14 0.1047 0.0021 06/30/2026
# Holder Name Position Position Change $ Market Value % Port % O/S Rpt Date
1 Goehring & Rozencwajg Associates LLC 1,545,994 85,207 15,903,485.68 0.8221 0.1709 02/28/2026
2 Ampega Investment GmbH 93,300 43,200 959,767.77 0.0191 0.0103 05/29/2026
3 Goose Hollow Capital Management LLC 25,000 25,000 257,172.5 0.6563 0.0028 06/30/2026
4 AXA Investment Managers UK Ltd. 12,736 12,736 131,013.96 0.0004 0.0014 03/31/2026
5 Spirit Asset Management SA 12,036 12,036 123,813.13 0.0751 0.0013 05/29/2026
6 Summit Global Investments LLC 9,969 9,969 102,550.11 0.0054 0.0011 02/28/2026
7 ShariaPortfolio, Inc. 19,394 7,774 199,504.14 0.0522 0.0021 06/30/2026
8 Principal Global Investors LLC 127,835 3,851 1,315,025.86 0.0006 0.0141 05/31/2026
9 Tuttle Capital Management LLC 11,533 3,304 118,638.82 0.0262 0.0013 06/30/2026
10 GAMMA Investing LLC 17,142 1,971 176,338.04 0.0066 0.0019 06/30/2026
# Holder Name Position Position Change $ Market Value % Port % O/S Rpt Date
1 Newton Investment Management North America LLC 641,668 -277,979 6,600,774.55 0.0117 0.071 05/31/2026
2 Sarmaya Partners LLC 0 -33,767 0 0 0
3 European Capital Partners (Luxembourg) SA 0 -30,000 0 0 0
4 MBH Investment Fund Management Private Ltd. Co. 5,550 -6,751 57,092.3 0.0129 0.0006 12/31/2025
5 DWS Investment GmbH 47,251 -4,249 486,066.31 0.0002 0.0052 05/29/2026
6 Causeway Capital Management LLC 43,480 -3,708 447,274.41 0.0009 0.0048 06/30/2026
7 Strategic Investment Solutions, Inc. (Illinois) 0 -350 0 0 0

Data provided by FactSet Research Systems Inc.