| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Pleasant Lake Partners LLC | 11,948,732 | 10,255,433 | 116,978,086.28 | 12.9061 | 9.757 | 11/12/2025 |
| 2 | D. E. Shaw & Co. LP | 3,874,224 | 1,645,046 | 37,928,652.96 | 0.0297 | 3.1636 | 09/30/2025 |
| 3 | Two Sigma Investments LP | 1,742,694 | 1,170,214 | 17,060,974.26 | 0.0254 | 1.423 | 09/30/2025 |
| 4 | Susquehanna Financial Group LLLP | 1,088,210 | 855,824 | 10,653,575.9 | 0.0163 | 0.8886 | 09/30/2025 |
| 5 | Walleye Capital LLC | 1,023,309 | 1,014,795 | 10,018,195.11 | 0.0519 | 0.8356 | 09/30/2025 |
| 6 | SSgA Funds Management, Inc. | 890,795 | 16,475 | 8,720,883.05 | 0.0003 | 0.7274 | 09/30/2025 |
| 7 | Two Sigma Advisers LP | 831,607 | 721,507 | 8,141,432.53 | 0.0158 | 0.6791 | 09/30/2025 |
| 8 | Citadel Securities LLC | 681,702 | 215,996 | 6,673,862.58 | 0.0178 | 0.5567 | 09/30/2025 |
| 9 | Citadel Advisors LLC | 639,150 | 639,150 | 6,257,278.5 | 0.0065 | 0.5219 | 09/30/2025 |
| 10 | Morgan Stanley & Co. LLC | 633,606 | 295,184 | 6,203,002.74 | 0.0021 | 0.5174 | 09/30/2025 |
| 11 | SBI Securities Co., Ltd. | 536,568 | 141,976 | 5,253,000.72 | 0.1326 | 0.4381 | 12/31/2025 |
| 12 | Voloridge Investment Management LLC | 473,181 | 473,181 | 4,632,441.99 | 0.0148 | 0.3864 | 09/30/2025 |
| 13 | Leap Investments LP | 432,300 | 426,086 | 4,232,217 | 0.0763 | 0.353 | 09/30/2025 |
| 14 | UBS Securities LLC | 423,563 | -112,403 | 4,146,681.77 | 0.0016 | 0.3459 | 12/31/2025 |
| 15 | Jane Street Capital LLC | 375,656 | -138,404 | 3,677,672.24 | 0.004 | 0.3068 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | FTIF SICAV - Templeton Frontier Markets Fund | 231,700 | 231,700 | 2,268,343 | 0.6444 | 0.1892 | 12/31/2025 |
| 2 | State Street SPDR Portfolio Developed World ex-US ETF | 226,849 | 25,260 | 2,220,851.71 | 0.006 | 0.1852 | 01/30/2026 |
| 3 | State Street SPDR S&P Kensho New Economies Composite ETF | 218,766 | -402,792 | 2,141,719.14 | 0.0847 | 0.1786 | 01/30/2026 |
| 4 | SEI Institutional Invt. Trust - World Equity (ex-US) Fund | 179,791 | 179,791 | 1,760,153.89 | 0.0195 | 0.1468 | 01/31/2026 |
| 5 | Lumyna - MW TOPS UCITS Fund | 75,389 | 0 | 738,058.31 | 0.0271 | 0.0616 | 03/31/2025 |
| 6 | ProFund VP Europe 30 | 65,892 | -20,453 | 645,082.68 | 3.5126 | 0.0538 | 09/30/2025 |
| 7 | State Street SPDR S&P International Small Cap ETF | 60,476 | 9,462 | 592,060.04 | 0.0678 | 0.0494 | 01/30/2026 |
| 8 | Global X E-commerce ETF | 48,581 | -14,101 | 475,607.99 | 1.0323 | 0.0397 | 01/30/2026 |
| 9 | EMQQ The Emerging Markets Internet ETF | 43,364 | 43,364 | 424,533.56 | 0.1244 | 0.0354 | 01/30/2026 |
| 10 | iShares International Small-Cap Equity Factor ETF | 39,102 | -43,446 | 382,808.58 | 0.0639 | 0.0319 | 01/30/2026 |
| 11 | Golden Eagle Dynamic Hypergrowth ETF | 24,290 | 24,290 | 237,799.1 | 1.1588 | 0.0198 | 01/30/2026 |
| 12 | Hanetf ICAV - EMQQ EM Internet & Ecommerce UCITS ETF | 22,965 | 22,965 | 224,827.35 | 0.1601 | 0.0188 | 01/30/2026 |
| 13 | Europe 30 ProFund | 17,520 | -1,698 | 171,520.8 | 3.6202 | 0.0143 | 10/31/2025 |
| 14 | FMQQ The Next Frontier Internet ETF | 12,491 | 12,491 | 122,286.89 | 0.4737 | 0.0102 | 01/30/2026 |
| 15 | Blackstone Alternative Multi Strategy Fund | 9,600 | 9,600 | 93,984 | 0.0058 | 0.0078 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Pleasant Lake Partners LLC | 11,948,732 | 10,255,433 | 116,978,086.28 | 12.9061 | 9.757 | 11/12/2025 |
| 2 | D. E. Shaw & Co. LP | 3,874,224 | 1,645,046 | 37,928,652.96 | 0.0297 | 3.1636 | 09/30/2025 |
| 3 | Two Sigma Investments LP | 1,742,694 | 1,170,214 | 17,060,974.26 | 0.0254 | 1.423 | 09/30/2025 |
| 4 | Walleye Capital LLC | 1,023,309 | 1,014,795 | 10,018,195.11 | 0.0519 | 0.8356 | 09/30/2025 |
| 5 | Susquehanna Financial Group LLLP | 1,088,210 | 855,824 | 10,653,575.9 | 0.0163 | 0.8886 | 09/30/2025 |
| 6 | Two Sigma Advisers LP | 831,607 | 721,507 | 8,141,432.53 | 0.0158 | 0.6791 | 09/30/2025 |
| 7 | Citadel Advisors LLC | 639,150 | 639,150 | 6,257,278.5 | 0.0065 | 0.5219 | 09/30/2025 |
| 8 | Voloridge Investment Management LLC | 473,181 | 473,181 | 4,632,441.99 | 0.0148 | 0.3864 | 09/30/2025 |
| 9 | Leap Investments LP | 432,300 | 426,086 | 4,232,217 | 0.0763 | 0.353 | 09/30/2025 |
| 10 | General Equity Holdings LP | 363,100 | 363,100 | 3,554,749 | 2.1854 | 0.2965 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Marshall Wace LLP | 70,868 | -987,247 | 693,797.72 | 0.0007 | 0.0579 | 09/30/2025 |
| 2 | Goldman Sachs & Co. LLC (Private Banking) | 61,393 | -504,718 | 601,037.47 | 0.0003 | 0.0501 | 12/31/2025 |
| 3 | GSA Capital Partners LLP | 74,392 | -188,828 | 728,297.68 | 0.0598 | 0.0607 | 12/31/2025 |
| 4 | Jane Street Capital LLC | 375,656 | -138,404 | 3,677,672.24 | 0.004 | 0.3068 | 09/30/2025 |
| 5 | UBS Securities LLC | 423,563 | -112,403 | 4,146,681.77 | 0.0016 | 0.3459 | 12/31/2025 |
| 6 | HRT Financial LP | 0 | -101,162 | 0 | 0 | 0 | |
| 7 | ProFund Advisors LLC | 0 | -99,827 | 0 | 0 | 0 | |
| 8 | JPMorgan Securities LLC (Investment Management) | 139,515 | -85,199 | 1,365,851.85 | 0.0009 | 0.1139 | 12/31/2025 |
| 9 | Morgan Stanley Investment Management, Inc. | 232,359 | -81,513 | 2,274,794.61 | 0.0024 | 0.1897 | 09/30/2025 |
| 10 | UBS Switzerland AG (Investment Management) | 0 | -80,740 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.