BANK MONTREAL QUE

Ticker: SPYU CUSIP: 063679567 Class: NT LKD 43

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (2)

MAINSTAY CAPITAL MANAGEMENT LLC /ADV

Value ($000) $259 Shares 4,727

CITADEL ADVISORS LLC

Value ($000) $424 Shares 7,732

Institution	Shares	Value ($000)
MAINSTAY CAPITAL MANAGEMENT LLC /ADV	4,727	$259
CITADEL ADVISORS LLC	7,732	$424

Increased Positions (2)

SUSQUEHANNA INTERNATIONAL GROUP, LLP

Value ($000) $1,142 (+8.0%) Shares 20,829 (+6.9%)

Value ($000) $22 (+809.4%) Shares 396 (+800.0%)

Institution	Prev Shares	Curr Shares	Change
SUSQUEHANNA INTERNATIONAL GROUP, LLP	19,479	20,829	+1,350 (+6.9%)
UBS Group AG	44	396	+352 (+800.0%)

Decreased Positions (4)

Millington Financial Advisors, LLC

Value ($000) $2,742 (+1.8%) Shares 49,259 (-4.2%)

Tower Research Capital LLC (TRC)

Value ($000) $224 (-27.3%) Shares 4,085 (-28.0%)

GOLDMAN SACHS GROUP INC

Value ($000) $415 (-43.6%) Shares 7,566 (-44.1%)

TOTH FINANCIAL ADVISORY CORP

Value ($000) $4 (-26.5%) Shares 80 (-27.3%)

Institution	Prev Shares	Curr Shares	Change
Millington Financial Advisors, LLC	51,431	49,259	-2,172 (-4.2%)
Tower Research Capital LLC (TRC)	5,676	4,085	-1,591 (-28.0%)
GOLDMAN SACHS GROUP INC	13,544	7,566	-5,978 (-44.1%)
TOTH FINANCIAL ADVISORY CORP	110	80	-30 (-27.3%)

Exited Positions (2)

FLOW TRADERS U.S. LLC

Value ($000) $0 Shares 4,046

BNP PARIBAS ARBITRAGE, SA

Value ($000) $0 Shares 3

Institution	Prev Shares	Prev Value ($000)
FLOW TRADERS U.S. LLC	4,046	$0
BNP PARIBAS ARBITRAGE, SA	3	$0