DBX ETF TR

Ticker: EMCR CUSIP: 233051192 Class: ETF

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (2)

Systelligence, LLC

Value ($000) $7,631 Shares 206,342

Value ($000) $0 Shares 1

Institution	Shares	Value ($000)
Systelligence, LLC	206,342	$7,631
MORGAN STANLEY	1	$0

Increased Positions (4)

Value ($000) $4,363 (+6.8%) Shares 117,984 (+4.8%)

BANK OF AMERICA CORP /DE/

Value ($000) $7,665 (+13.5%) Shares 207,255 (+11.3%)

Brio Consultants, LLC

Value ($000) $1,284 (+3.3%) Shares 34,713 (+1.4%)

OLD MISSION CAPITAL LLC

Value ($000) $3,108 (+3.0%) Shares 84,034 (+1.1%)

Institution	Prev Shares	Curr Shares	Change
BAILARD, INC.	112,605	117,984	+5,379 (+4.8%)
BANK OF AMERICA CORP /DE/	186,161	207,255	+21,094 (+11.3%)
Brio Consultants, LLC	34,250	34,713	+463 (+1.4%)
OLD MISSION CAPITAL LLC	83,117	84,034	+917 (+1.1%)

Decreased Positions (4)

FLOW TRADERS U.S. LLC

Value ($000) $12 (-2.2%) Shares 323,620 (-4.0%)

CITADEL ADVISORS LLC

Value ($000) $439 (-36.8%) Shares 11,874 (-38.0%)

ROYAL BANK OF CANADA

Value ($000) $16 (-93.5%) Shares 438 (-93.6%)

GOLDMAN SACHS GROUP INC

Value ($000) $503 (-11.3%) Shares 13,589 (-13.0%)

Institution	Prev Shares	Curr Shares	Change
FLOW TRADERS U.S. LLC	337,070	323,620	-13,450 (-4.0%)
CITADEL ADVISORS LLC	19,143	11,874	-7,269 (-38.0%)
ROYAL BANK OF CANADA	6,830	438	-6,392 (-93.6%)
GOLDMAN SACHS GROUP INC	15,618	13,589	-2,029 (-13.0%)

Exited Positions (3)

Allie Family Office LLC

Value ($000) $236 Shares 6,515

JANE STREET GROUP, LLC

Value ($000) $799 Shares 22,009

Value ($000) $11 Shares 315

Institution	Prev Shares	Prev Value ($000)
Allie Family Office LLC	6,515	$236
JANE STREET GROUP, LLC	22,009	$799
UBS Group AG	315	$11