| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Lingotto Investment Management LLP | 19,575,936 | -8,854,473 | 237,260,344.32 | 3.3802 | 2.7664 | 03/31/2026 |
| 2 | Arrowstreet Capital LP | 8,903,127 | 4,868,155 | 107,905,899.24 | 0.0503 | 1.2581 | 03/31/2026 |
| 3 | Acadian Asset Management LLC | 8,288,269 | 6,692,750 | 100,453,820.28 | 0.1107 | 1.1713 | 03/31/2026 |
| 4 | Two Sigma Investments LP | 6,303,966 | 2,765,840 | 76,404,067.92 | 0.0593 | 0.8908 | 03/31/2026 |
| 5 | Baker Steel Capital Managers LLP | 6,059,700 | 0 | 73,443,564 | 3.393 | 0.8563 | 06/30/2025 |
| 6 | Morgan Stanley & Co. LLC | 5,995,815 | -3,154,215 | 72,669,277.8 | 0.022 | 0.8473 | 03/31/2026 |
| 7 | Condire Management LP | 5,244,469 | 279,540 | 63,562,964.28 | 5.2344 | 0.7411 | 03/31/2026 |
| 8 | JPMorgan Securities LLC (Investment Management) | 5,056,925 | -4,382,789 | 61,289,931 | 0.029 | 0.7146 | 03/31/2026 |
| 9 | D. E. Shaw & Co. LP | 5,056,652 | -1,119,076 | 61,286,622.24 | 0.0435 | 0.7146 | 03/31/2026 |
| 10 | Bridgewater Associates LP | 4,426,451 | 3,751,423 | 53,648,586.12 | 0.1973 | 0.6255 | 03/31/2026 |
| 11 | Connor, Clark & Lunn Investment Management Ltd. | 4,341,870 | 4,036,046 | 52,623,464.4 | 0.1014 | 0.6136 | 03/31/2026 |
| 12 | Goehring & Rozencwajg Associates LLC | 4,270,069 | 910,039 | 51,753,236.28 | 2.2688 | 0.6034 | 03/31/2026 |
| 13 | UBS Securities LLC | 3,555,724 | 618,160 | 43,095,374.88 | 0.0158 | 0.5025 | 03/31/2026 |
| 14 | T. Rowe Price Associates, Inc. (IM) | 3,278,887 | 3,278,887 | 39,740,110.44 | 0.0045 | 0.4634 | 03/31/2026 |
| 15 | Susquehanna Financial Group LLLP | 3,050,645 | 563,245 | 36,973,817.4 | 0.0424 | 0.4311 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Bakersteel Global Funds SICAV - Precious Metals Fund | 5,709,400 | 0 | 69,197,928 | 3.9752 | 0.8068 | 06/30/2025 |
| 2 | Avantis Emerging Markets Equity ETF | 2,598,333 | 762,942 | 31,491,795.96 | 0.1309 | 0.3672 | 04/30/2026 |
| 3 | T. Rowe Price New Horizons Fund | 2,114,377 | 2,114,377 | 25,626,249.24 | 0.1827 | 0.2988 | 03/31/2026 |
| 4 | Lord Abbett Bond Debenture Fund Inc. | 2,031,007 | 2,031,007 | 24,615,804.84 | -22.6686 | 0.287 | 12/31/2025 |
| 5 | Goehring & Rozencwajg Resources Fund | 1,884,961 | 103,890 | 22,845,727.32 | 2.2245 | 0.2664 | 02/28/2026 |
| 6 | FundRock UCITS Plat. I - Goehring & Rozencwajg Resources | 1,798,412 | 0 | 21,796,753.44 | 3.0636 | 0.2541 | 05/31/2025 |
| 7 | M&W Invest: M&W Privat | 1,700,000 | 0 | 20,604,000 | 3.7545 | 0.2402 | 12/30/2024 |
| 8 | Delphi Global | 1,262,539 | 646,312 | 15,301,972.68 | 1.675 | 0.1784 | 01/31/2026 |
| 9 | Allianz Global Investors Fund - Global Metals & Mining | 884,300 | 884,300 | 10,717,716 | 0.656 | 0.125 | 01/31/2026 |
| 10 | DFA Emerging Markets Core Equity 2 Portfolio | 851,118 | 0 | 10,315,550.16 | 0.026 | 0.1203 | 02/28/2026 |
| 11 | DFA Emerging Markets Series | 708,220 | 349,353 | 8,583,626.4 | 0.101 | 0.1001 | 02/28/2026 |
| 12 | Xtrackers SICAV - MSCI Emerging Markets Swap UCITS ETF | 477,037 | 477,037 | 5,781,688.44 | 0.48 | 0.0674 | 04/30/2026 |
| 13 | Lumyna - MW TOPS UCITS Fund | 443,977 | 0 | 5,381,001.24 | 0.1959 | 0.0627 | 03/31/2025 |
| 14 | St. James Place Unit Trust - Global Smaller Companies | 422,300 | 0 | 5,118,276 | 0.0935 | 0.0597 | 09/30/2025 |
| 15 | Bakersteel Global Funds SICAV - Electrum Fund | 350,300 | 0 | 4,245,636 | 0.9765 | 0.0495 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Acadian Asset Management LLC | 8,288,269 | 6,692,750 | 100,453,820.28 | 0.1107 | 1.1713 | 03/31/2026 |
| 2 | Arrowstreet Capital LP | 8,903,127 | 4,868,155 | 107,905,899.24 | 0.0503 | 1.2581 | 03/31/2026 |
| 3 | Connor, Clark & Lunn Investment Management Ltd. | 4,341,870 | 4,036,046 | 52,623,464.4 | 0.1014 | 0.6136 | 03/31/2026 |
| 4 | Bridgewater Associates LP | 4,426,451 | 3,751,423 | 53,648,586.12 | 0.1973 | 0.6255 | 03/31/2026 |
| 5 | T. Rowe Price Associates, Inc. (IM) | 3,278,887 | 3,278,887 | 39,740,110.44 | 0.0045 | 0.4634 | 03/31/2026 |
| 6 | Two Sigma Investments LP | 6,303,966 | 2,765,840 | 76,404,067.92 | 0.0593 | 0.8908 | 03/31/2026 |
| 7 | Allianz Global Investors GmbH | 2,106,903 | 2,106,903 | 25,535,664.36 | 0.0245 | 0.2977 | 03/31/2026 |
| 8 | AQR Capital Management LLC | 1,858,376 | 1,858,376 | 22,523,517.12 | 0.0088 | 0.2626 | 03/31/2026 |
| 9 | Numeric Investors LLC | 1,959,699 | 1,849,299 | 23,751,551.88 | 0.0572 | 0.2769 | 03/31/2026 |
| 10 | Storebrand Asset Management AS | 1,527,539 | 1,527,539 | 18,513,772.68 | 0.0248 | 0.2159 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Lingotto Investment Management LLP | 19,575,936 | -8,854,473 | 237,260,344.32 | 3.3802 | 2.7664 | 03/31/2026 |
| 2 | JPMorgan Securities LLC (Investment Management) | 5,056,925 | -4,382,789 | 61,289,931 | 0.029 | 0.7146 | 03/31/2026 |
| 3 | ABC Arbitrage Asset Management SA | 0 | -4,032,812 | 0 | 0 | 0 | |
| 4 | Voloridge Investment Management LLC | 0 | -3,876,217 | 0 | 0 | 0 | |
| 5 | Two Sigma Advisers LP | 0 | -3,484,000 | 0 | 0 | 0 | |
| 6 | Assenagon Asset Management SA (Germany) | 0 | -3,246,397 | 0 | 0 | 0 | |
| 7 | Morgan Stanley & Co. LLC | 5,995,815 | -3,154,215 | 72,669,277.8 | 0.022 | 0.8473 | 03/31/2026 |
| 8 | Cubist Systematic Strategies LLC | 0 | -2,694,240 | 0 | 0 | 0 | |
| 9 | Goldman Sachs & Co. LLC (Private Banking) | 2,248,036 | -2,097,080 | 27,246,196.32 | 0.0086 | 0.3177 | 03/31/2026 |
| 10 | Slate Path Capital LP | 0 | -1,919,000 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.