AMERICAN BEACON SELECT FUNDS

Ticker: AHLT CUSIP: 02368W309 Class: AHL TREND ETF

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (1)

JANE STREET GROUP, LLC

Value ($000) $314 Shares 11,912

Institution	Shares	Value ($000)
JANE STREET GROUP, LLC	11,912	$314

Increased Positions (3)

ABBINGTON INVESTMENT GROUP

Value ($000) $13,236 (+26.3%) Shares 502,556 (+16.7%)

SUSQUEHANNA INTERNATIONAL GROUP, LLP

Value ($000) $469 (+12.4%) Shares 17,825 (+3.9%)

Value ($000) $201 (+10.0%) Shares 7,615 (+1.7%)

Institution	Prev Shares	Curr Shares	Change
ABBINGTON INVESTMENT GROUP	430,513	502,556	+72,043 (+16.7%)
SUSQUEHANNA INTERNATIONAL GROUP, LLP	17,161	17,825	+664 (+3.9%)
COMERICA BANK	7,489	7,615	+126 (+1.7%)

Decreased Positions (6)

Your Advocates Ltd., LLP

Value ($000) $568 (-17.2%) Shares 21,560 (-23.5%)

Dynamic Advisor Solutions LLC

Value ($000) $703 (-23.2%) Shares 26,685 (-29.1%)

Frontier Asset Management, LLC

Value ($000) $293 (+2.7%) Shares 11,110 (-5.1%)

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC

Value ($000) $3,273 (+4.6%) Shares 118,200 (-5.3%)

Value ($000) $16 (-91.1%) Shares 602 (-91.8%)

Farther Finance Advisors, LLC

Value ($000) $52 (-4.7%) Shares 1,974 (-11.9%)

Institution	Prev Shares	Curr Shares	Change
Your Advocates Ltd., LLP	28,185	21,560	-6,625 (-23.5%)
Dynamic Advisor Solutions LLC	37,619	26,685	-10,934 (-29.1%)
Frontier Asset Management, LLC	11,707	11,110	-597 (-5.1%)
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	124,773	118,200	-6,573 (-5.3%)
UBS Group AG	7,301	602	-6,699 (-91.8%)
Farther Finance Advisors, LLC	2,241	1,974	-267 (-11.9%)