BUILD FUNDS TRUST

Ticker: BFIX CUSIP: 12009B101 Class: ETF

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (2)

Cambridge Investment Research Advisors, Inc.

Value ($000) $1 Shares 33,295

Value ($000) $0 Shares 1

Institution	Shares	Value ($000)
Cambridge Investment Research Advisors, Inc.	33,295	$1
MORGAN STANLEY	1	$0

Increased Positions (2)

VISTA INVESTMENT PARTNERS II, LLC

Value ($000) $731 (+54.0%) Shares 28,926 (+54.1%)

Brinker Capital Investments, LLC

Value ($000) $659 (+12.6%) Shares 26,070 (+12.7%)

Institution	Prev Shares	Curr Shares	Change
VISTA INVESTMENT PARTNERS II, LLC	18,776	28,926	+10,150 (+54.1%)
Brinker Capital Investments, LLC	23,140	26,070	+2,930 (+12.7%)

Decreased Positions (3)

Formidable Asset Management, LLC

Value ($000) $223 (-34.3%) Shares 8,807 (-34.8%)

SUSQUEHANNA INTERNATIONAL GROUP, LLP

Value ($000) $1,151 (-5.8%) Shares 45,533 (-5.8%)

Value ($000) $3 (-53.2%) Shares 103 (-53.2%)

Institution	Prev Shares	Curr Shares	Change
Formidable Asset Management, LLC	13,499	8,807	-4,692 (-34.8%)
SUSQUEHANNA INTERNATIONAL GROUP, LLP	48,328	45,533	-2,795 (-5.8%)
UBS Group AG	220	103	-117 (-53.2%)

Exited Positions (2)

OLD MISSION CAPITAL LLC

Value ($000) $380 Shares 15,048

Value ($000) $0 Shares 1

Institution	Prev Shares	Prev Value ($000)
OLD MISSION CAPITAL LLC	15,048	$380
FMR LLC	1	$0