| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Lingotto Investment Management LLP | 19,575,936 | -8,854,473 | 166,591,215.36 | 2.633 | 2.7664 | 03/31/2026 |
| 2 | Arrowstreet Capital LP | 8,903,127 | 1,587,183 | 75,765,610.77 | 0.0347 | 1.2581 | 03/31/2026 |
| 3 | Acadian Asset Management LLC | 8,288,269 | 3,461,754 | 70,533,169.19 | 0.0748 | 1.1713 | 03/31/2026 |
| 4 | Two Sigma Investments LP | 6,303,966 | 4,147,000 | 53,646,750.66 | 0.0396 | 0.8908 | 03/31/2026 |
| 5 | Morgan Stanley & Co. LLC | 5,995,815 | -364,362 | 51,024,385.65 | 0.015 | 0.8473 | 03/31/2026 |
| 6 | Condire Management LP | 5,244,469 | 0 | 44,630,431.19 | 4.4733 | 0.7411 | 03/31/2026 |
| 7 | JPMorgan Securities LLC (Investment Management) | 5,056,925 | 3,493,239 | 43,034,431.75 | 0.02 | 0.7146 | 03/31/2026 |
| 8 | D. E. Shaw & Co. LP | 5,056,652 | 1,499,758 | 43,032,108.52 | 0.0293 | 0.7146 | 03/31/2026 |
| 9 | Baker Steel Capital Managers LLP | 4,780,600 | 0 | 40,682,906 | 2.3902 | 0.6756 | 12/31/2025 |
| 10 | Bridgewater Associates LP | 4,426,451 | 4,160,771 | 37,669,098.01 | 0.1308 | 0.6255 | 03/31/2026 |
| 11 | Connor, Clark & Lunn Investment Management Ltd. | 4,341,870 | 2,495,188 | 36,949,313.7 | 0.0704 | 0.6136 | 03/31/2026 |
| 12 | Goehring & Rozencwajg Associates LLC | 4,270,069 | 730,389 | 36,338,287.19 | 1.9142 | 0.6034 | 03/31/2026 |
| 13 | UBS Securities LLC | 3,555,724 | 629,381 | 30,259,211.24 | 0.0107 | 0.5025 | 03/31/2026 |
| 14 | T. Rowe Price Associates, Inc. (IM) | 3,278,887 | -1,143,761 | 27,903,328.37 | 0.0031 | 0.4634 | 03/31/2026 |
| 15 | Susquehanna Financial Group LLLP | 3,050,645 | 568,950 | 25,960,988.95 | 0.0286 | 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 | 4,198,500 | 0 | 35,729,235 | 2.9175 | 0.5933 | 12/31/2025 |
| 2 | Avantis Emerging Markets Equity ETF | 2,697,486 | 673,606 | 22,955,605.86 | 0.0896 | 0.3812 | 06/29/2026 |
| 3 | Delphi Global | 2,117,250 | 1,127,953 | 18,017,797.5 | 1.9699 | 0.2992 | 05/31/2026 |
| 4 | T. Rowe Price New Horizons Fund | 2,114,377 | -553,323 | 17,993,348.27 | 0.121 | 0.2988 | 03/31/2026 |
| 5 | Goehring & Rozencwajg Resources Fund | 1,884,961 | 103,890 | 16,041,018.11 | 1.8765 | 0.2664 | 02/28/2026 |
| 6 | FundRock UCITS Plat. I - Goehring & Rozencwajg Resources | 1,798,412 | 0 | 15,304,486.12 | 2.5189 | 0.2541 | 05/31/2025 |
| 7 | Allianz Global Investors Fund - Global Metals & Mining | 1,797,489 | 913,189 | 15,296,631.39 | 0.9227 | 0.254 | 02/28/2026 |
| 8 | CREF Total Global Stock Account | 1,744,635 | 1,744,635 | 14,846,843.85 | 0.0103 | 0.2465 | 04/30/2026 |
| 9 | M&W Invest: M&W Privat | 1,700,000 | 0 | 14,467,000 | 3.1241 | 0.2402 | 12/30/2024 |
| 10 | DFA Emerging Markets Series | 859,029 | 500,162 | 7,310,336.79 | 0.0841 | 0.1214 | 03/31/2026 |
| 11 | DFA Emerging Markets Core Equity 2 Portfolio | 851,118 | 0 | 7,243,014.18 | 0.0181 | 0.1203 | 03/31/2026 |
| 12 | Nuveen Emerging Markets Equity Fund | 642,689 | 642,689 | 5,469,283.39 | 0.2762 | 0.0908 | 04/30/2026 |
| 13 | Bakersteel Global Funds SICAV - Electrum Fund | 582,100 | 0 | 4,953,671 | 1.1865 | 0.0823 | 12/31/2025 |
| 14 | Xtrackers SICAV - MSCI Emerging Markets Swap UCITS ETF | 477,037 | 477,037 | 4,059,584.87 | 0.3262 | 0.0674 | 06/29/2026 |
| 15 | Lumyna - MW TOPS UCITS Fund | 443,977 | 0 | 3,778,244.27 | 0.1356 | 0.0627 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Bridgewater Associates LP | 4,426,451 | 4,160,771 | 37,669,098.01 | 0.1308 | 0.6255 | 03/31/2026 |
| 2 | Two Sigma Investments LP | 6,303,966 | 4,147,000 | 53,646,750.66 | 0.0396 | 0.8908 | 03/31/2026 |
| 3 | JPMorgan Securities LLC (Investment Management) | 5,056,925 | 3,493,239 | 43,034,431.75 | 0.02 | 0.7146 | 03/31/2026 |
| 4 | Acadian Asset Management LLC | 8,288,269 | 3,461,754 | 70,533,169.19 | 0.0748 | 1.1713 | 03/31/2026 |
| 5 | Connor, Clark & Lunn Investment Management Ltd. | 4,341,870 | 2,495,188 | 36,949,313.7 | 0.0704 | 0.6136 | 03/31/2026 |
| 6 | Renaissance Technologies LLC | 1,826,904 | 1,826,904 | 15,546,953.04 | 0.021 | 0.2582 | 03/31/2026 |
| 7 | AQR Capital Management LLC | 1,858,376 | 1,712,956 | 15,814,779.76 | 0.0059 | 0.2626 | 03/31/2026 |
| 8 | Arrowstreet Capital LP | 8,903,127 | 1,587,183 | 75,765,610.77 | 0.0347 | 1.2581 | 03/31/2026 |
| 9 | D. E. Shaw & Co. LP | 5,056,652 | 1,499,758 | 43,032,108.52 | 0.0293 | 0.7146 | 03/31/2026 |
| 10 | Leap Investments LP | 1,354,200 | 1,284,900 | 11,524,242 | 0.2198 | 0.1914 | 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 | 166,591,215.36 | 2.633 | 2.7664 | 03/31/2026 |
| 2 | DWS Investments (UK) Ltd. | 0 | -3,469,111 | 0 | 0 | 0 | |
| 3 | Two Sigma Advisers LP | 0 | -2,428,800 | 0 | 0 | 0 | |
| 4 | Lord, Abbett & Co. LLC | 0 | -2,335,343 | 0 | 0 | 0 | |
| 5 | BlackRock Fund Advisors | 0 | -2,152,365 | 0 | 0 | 0 | |
| 6 | ABC Arbitrage Asset Management SA | 0 | -1,749,026 | 0 | 0 | 0 | |
| 7 | Assenagon Asset Management SA (Germany) | 0 | -1,427,032 | 0 | 0 | 0 | |
| 8 | Voloridge Investment Management LLC | 0 | -1,377,911 | 0 | 0 | 0 | |
| 9 | Millennium Management LLC | 307,023 | -1,358,403 | 2,612,765.73 | 0.0018 | 0.0434 | 03/31/2026 |
| 10 | Point72 Asset Management LP | 526,547 | -1,288,060 | 4,480,914.97 | 0.0065 | 0.0744 | 03/31/2026 |
Data provided by FactSet Research Systems Inc.