| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Lingotto Investment Management LLP | 19,075,936 | -500,000 | 188,661,007.04 | 3.3659 | 2.6957 | 06/30/2026 |
| 2 | Baker Steel Capital Managers LLP | 7,884,200 | 3,103,600 | 77,974,738 | 3.7272 | 1.1142 | 08/28/2026 |
| 3 | Two Sigma Investments LP | 7,273,849 | 969,883 | 71,938,366.61 | 0.0548 | 1.0279 | 06/30/2026 |
| 4 | Arrowstreet Capital LP | 6,068,656 | -2,834,471 | 60,019,007.84 | 0.0242 | 0.8576 | 06/30/2026 |
| 5 | Bridgewater Associates LP | 5,691,634 | 1,265,183 | 56,290,260.26 | 0.2273 | 0.8043 | 06/30/2026 |
| 6 | Condire Management LP | 5,244,469 | 0 | 51,867,798.41 | 4.5306 | 0.7411 | 06/30/2026 |
| 7 | Goehring & Rozencwajg Associates LLC | 4,580,794 | 310,725 | 45,304,052.66 | 1.9405 | 0.6473 | 06/30/2026 |
| 8 | D. E. Shaw & Co. LP | 4,444,348 | -612,304 | 43,954,601.72 | 0.0273 | 0.6281 | 06/30/2026 |
| 9 | Renaissance Technologies LLC | 4,097,087 | 2,270,183 | 40,520,190.43 | 0.0548 | 0.579 | 06/30/2026 |
| 10 | Morgan Stanley & Co. LLC | 3,960,768 | -2,035,047 | 39,171,995.52 | 0.0114 | 0.5597 | 06/30/2026 |
| 11 | UBS Securities LLC | 3,849,785 | 294,061 | 38,074,373.65 | 0.0143 | 0.544 | 06/30/2026 |
| 12 | American Century Investment Management, Inc. | 3,259,368 | 263,495 | 32,235,149.52 | 0.0103 | 0.4606 | 06/30/2026 |
| 13 | Allianz Global Investors GmbH | 3,121,056 | 1,014,153 | 30,867,243.84 | 0.0274 | 0.4411 | 06/30/2026 |
| 14 | Jane Street Capital LLC | 2,964,566 | 1,681,861 | 29,319,557.74 | 0.0171 | 0.4189 | 06/30/2026 |
| 15 | Susquehanna Financial Group LLLP | 2,666,470 | -384,175 | 26,371,388.3 | 0.0239 | 0.3768 | 06/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Bakersteel Global Funds SICAV - Precious Metals Fund | 5,084,100 | 885,600 | 50,281,749 | 3.9241 | 0.7185 | 06/30/2026 |
| 2 | Allianz Global Investors Fund - Global Metals & Mining | 3,121,056 | 1,014,153 | 30,867,243.84 | 1.7276 | 0.4411 | 05/31/2026 |
| 3 | Avantis Emerging Markets Equity ETF | 2,901,048 | 411,850 | 28,691,364.72 | 0.1016 | 0.41 | 09/30/2026 |
| 4 | Goehring & Rozencwajg Resources Fund | 1,946,090 | 61,129 | 19,246,830.1 | 1.8144 | 0.275 | 08/31/2026 |
| 5 | Bakersteel Global Funds SICAV - Electrum Fund | 1,944,500 | 1,362,400 | 19,231,105 | 3.2934 | 0.2748 | 06/30/2026 |
| 6 | Delphi Global | 1,903,918 | 376,379 | 18,829,749.02 | 2.1088 | 0.2691 | 09/30/2026 |
| 7 | FundRock UCITS Plat. I - Goehring & Rozencwajg Resources | 1,798,412 | 0 | 17,786,294.68 | 2.8043 | 0.2541 | 05/31/2025 |
| 8 | CREF Total Global Stock Account | 1,744,635 | 1,744,635 | 17,254,440.15 | 0.0121 | 0.2465 | 08/31/2026 |
| 9 | M&W Invest: M&W Privat | 1,100,000 | 0 | 10,879,000 | 2.1354 | 0.1554 | 12/31/2025 |
| 10 | DFA Emerging Markets Core Equity 2 Portfolio | 652,348 | -198,770 | 6,451,721.72 | 0.0166 | 0.0922 | 07/31/2026 |
| 11 | Nuveen Emerging Markets Equity Fund | 642,689 | 642,689 | 6,356,194.21 | 0.3517 | 0.0908 | 08/31/2026 |
| 12 | St. James Place Unit Trust - Global Smaller Companies | 562,278 | 0 | 5,560,929.42 | 0.0889 | 0.0795 | 03/31/2026 |
| 13 | ES Baker Steel Gold & Precious Metals Fund | 497,600 | 497,600 | 4,921,264 | 3.7011 | 0.0703 | 08/28/2026 |
| 14 | Ampega Value Intelligence Fonds AMI | 445,529 | 445,529 | 4,406,281.81 | 1.258 | 0.063 | 06/30/2026 |
| 15 | ES Baker Steel Global Investors OEIC - Steel Electrum Fund | 358,000 | 358,000 | 3,540,620 | 3.3721 | 0.0506 | 08/28/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Baker Steel Capital Managers LLP | 7,884,200 | 3,103,600 | 77,974,738 | 3.7272 | 1.1142 | 08/28/2026 |
| 2 | Renaissance Technologies LLC | 4,097,087 | 2,270,183 | 40,520,190.43 | 0.0548 | 0.579 | 06/30/2026 |
| 3 | TIAA-CREF Investment Management LLC | 1,744,635 | 1,744,635 | 17,254,440.15 | 0.0063 | 0.2465 | 06/30/2026 |
| 4 | Marshall Wace LLP | 2,599,663 | 1,696,568 | 25,710,667.07 | 0.0212 | 0.3674 | 06/30/2026 |
| 5 | Jane Street Capital LLC | 2,964,566 | 1,681,861 | 29,319,557.74 | 0.0171 | 0.4189 | 06/30/2026 |
| 6 | Qube Research & Technologies Ltd. | 2,382,985 | 1,382,670 | 23,567,721.65 | 0.0263 | 0.3368 | 06/30/2026 |
| 7 | Bridgewater Associates LP | 5,691,634 | 1,265,183 | 56,290,260.26 | 0.2273 | 0.8043 | 06/30/2026 |
| 8 | UBS Switzerland AG (Investment Management) | 1,491,732 | 1,226,931 | 14,753,229.48 | 0.0232 | 0.2108 | 06/30/2026 |
| 9 | Assenagon Asset Management SA (Germany) | 1,074,967 | 1,074,967 | 10,631,423.63 | 0.0132 | 0.1519 | 06/30/2026 |
| 10 | Allianz Global Investors GmbH | 3,121,056 | 1,014,153 | 30,867,243.84 | 0.0274 | 0.4411 | 06/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Acadian Asset Management LLC | 1,815,185 | -6,473,084 | 17,952,179.65 | 0.0176 | 0.2565 | 06/30/2026 |
| 2 | T. Rowe Price Associates, Inc. (IM) | 0 | -3,278,887 | 0 | 0 | 0 | |
| 3 | JPMorgan Securities LLC (Investment Management) | 1,785,030 | -3,271,895 | 17,653,946.7 | 0.0081 | 0.2523 | 06/30/2026 |
| 4 | Arrowstreet Capital LP | 6,068,656 | -2,834,471 | 60,019,007.84 | 0.0242 | 0.8576 | 06/30/2026 |
| 5 | Connor, Clark & Lunn Investment Management Ltd. | 2,060,056 | -2,281,814 | 20,373,953.84 | 0.0352 | 0.2911 | 06/30/2026 |
| 6 | Morgan Stanley & Co. LLC | 3,960,768 | -2,035,047 | 39,171,995.52 | 0.0114 | 0.5597 | 06/30/2026 |
| 7 | AQR Capital Management LLC | 461,300 | -1,397,076 | 4,562,257 | 0.0015 | 0.0652 | 06/30/2026 |
| 8 | Citadel Securities LLC | 549,270 | -824,098 | 5,432,280.3 | 0.0132 | 0.0776 | 06/30/2026 |
| 9 | PanAgora Asset Management, Inc. | 904,227 | -772,108 | 8,942,805.03 | 0.0259 | 0.1278 | 06/30/2026 |
| 10 | SEI Investments Management Corp. | 169,809 | -698,661 | 1,679,411.01 | 0.0013 | 0.024 | 06/30/2026 |
Data provided by FactSet Research Systems Inc.