# Holder Name Position Position Change $ Market Value % Port % O/S Rpt Date
1 PSG Asset Management (Pty) Ltd. 3,363,606 3,363,606 33,962,329.78 1.2326 0.2112 09/30/2025
2 FundRock Management Co. SA (Ireland) 1,427,655 0 14,415,032.54 2.2022 0.0897 02/28/2025
3 Goehring & Rozencwajg Associates LLC 1,427,655 0 14,415,032.54 1.4909 0.0897 05/31/2025
4 AzValor Asset Management SGIIC SA 75,258 0 759,880.03 0.0319 0.0047 12/31/2024
5 INFIBA Vermogensverwaltungs AG (Liechtenstein) 64,564 31,964 651,902.71 1.5382 0.0041 06/30/2025
6 Hara Capital LLC 28,556 28,556 288,329.93 0.1644 0.0018 06/30/2025
7 Causeway Capital Management LLC 14,293 14,293 144,316.42 0.0003 0.0009 09/30/2025
8 Tuttle Capital Management LLC 13,001 10,278 131,271.1 0.0112 0.0008 09/30/2025
9 Corient IA LLC 12,279 12,279 123,981.06 0.0716 0.0008 06/30/2025
10 GAMMA Investing LLC 9,055 4,794 91,428.34 0.005 0.0006 09/30/2025
11 RhumbLine Advisers LP 8,488 8,488 85,703.34 0.0001 0.0005 06/30/2025
12 MBH Investment Fund Management Private Ltd. Co. 3,872 0 39,095.58 0.0252 0.0002 12/31/2023
13 BTG Pactual Gestao E Consultoria De Investimentos Ltda. 3,820 0 38,570.54 0.003 0.0002 06/30/2025
14 Horizon Kinetics Asset Management LLC 3,214 3,214 32,451.76 0.0004 0.0002 06/30/2025
15 FNY Investment Advisers LLC 500 500 5,048.5 0.0021 0 06/30/2025
# Holder Name Position Position Change $ Market Value % Port % O/S Rpt Date
1 PSG Equity Fund 3,363,606 3,363,606 33,962,329.78 4.6762 0.2112 09/30/2025
2 FundRock UCITS Plat. I ICAV - Goehring & Rozencwajg Resources 1,427,655 0 14,415,032.54 2.3959 0.0897 02/28/2025
3 Goehring & Rozencwajg Resources Fund 1,427,655 0 14,415,032.54 2.3669 0.0897 05/31/2025
4 Azvalor Managers, FI 75,258 0 759,880.03 0.5438 0.0047 12/31/2024
5 Chatrier Value Fund 64,564 31,964 651,902.71 4.4006 0.0041 06/30/2025
6 ActivePassive International Equity ETF 14,293 14,293 144,316.42 0.0154 0.0009 09/30/2025
7 National Security Emerging Markets Index ETF 13,001 10,278 131,271.1 0.4136 0.0008 09/30/2025
8 MBH EMEA Reszveny Alap 3,872 0 39,095.58 1.2349 0.0002 12/31/2023
9 Gaf FIM Credito Privado Investimento No Exterior 3,820 0 38,570.54 0.4824 0.0002 06/30/2025
10 Kinetics Market Opportunities Portfolio 2,455 2,455 24,788.14 0.0106 0.0002 06/30/2025
11 Kinetics Global Portfolio 736 736 7,431.39 0.0138 0 06/30/2025
12 Kinetics Spin-off & Corporate Restructuring Fund (The) 22 22 222.13 0.0007 0 06/30/2025
13 RENN Fund Inc. 1 1 10.1 0.0001 0 06/30/2025
# Holder Name Position Position Change $ Market Value % Port % O/S Rpt Date
1 PSG Asset Management (Pty) Ltd. 3,363,606 3,363,606 33,962,329.78 1.2326 0.2112 09/30/2025
2 INFIBA Vermogensverwaltungs AG (Liechtenstein) 64,564 31,964 651,902.71 1.5382 0.0041 06/30/2025
3 Hara Capital LLC 28,556 28,556 288,329.93 0.1644 0.0018 06/30/2025
4 Causeway Capital Management LLC 14,293 14,293 144,316.42 0.0003 0.0009 09/30/2025
5 Corient IA LLC 12,279 12,279 123,981.06 0.0716 0.0008 06/30/2025
6 Tuttle Capital Management LLC 13,001 10,278 131,271.1 0.0112 0.0008 09/30/2025
7 RhumbLine Advisers LP 8,488 8,488 85,703.34 0.0001 0.0005 06/30/2025
8 GAMMA Investing LLC 9,055 4,794 91,428.34 0.005 0.0006 09/30/2025
9 Horizon Kinetics Asset Management LLC 3,214 3,214 32,451.76 0.0004 0.0002 06/30/2025
10 FNY Investment Advisers LLC 500 500 5,048.5 0.0021 0 06/30/2025
# Holder Name Position Position Change $ Market Value % Port % O/S Rpt Date
1 AGF Investments, Inc. 0 -100,820 0 0 0
2 Yousif Capital Management LLC 0 -24,559 0 0 0

Data provided by FactSet Research Systems Inc.