TRUGOLF HLDGS INC

Ticker: TRUG CUSIP: 243733409 Class: Stock

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (2)

Value ($000) $11 Shares 14,726

INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC

Value ($000) $1 Shares 2,000

Institution	Shares	Value ($000)
EWA, LLC	14,726	$11
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC	2,000	$1

Increased Positions (3)

Tower Research Capital LLC (TRC)

Value ($000) $2 (-12.4%) Shares 3,402 (+196.1%)

Value ($000) $1 (-36.2%) Shares 2,000 (+115.5%)

BANK OF AMERICA CORP /DE/

Value ($000) $0 (-42.9%) Shares 5 (+66.7%)

Institution	Prev Shares	Curr Shares	Change
Tower Research Capital LLC (TRC)	1,149	3,402	+2,253 (+196.1%)
UBS Group AG	928	2,000	+1,072 (+115.5%)
BANK OF AMERICA CORP /DE/	3	5	+2 (+66.7%)

Exited Positions (5)

DRW Securities, LLC

Value ($000) $109 Shares 44,680

Value ($000) $2 Shares 617

Advisory Services Network, LLC

Value ($000) $1 Shares 600

HRT FINANCIAL LP

Value ($000) $0 Shares 11,297

Wealthspire Advisors, LLC

Value ($000) $0 Shares 1

Institution	Prev Shares	Prev Value ($000)
DRW Securities, LLC	44,680	$109
CITIGROUP INC	617	$2
Advisory Services Network, LLC	600	$1
HRT FINANCIAL LP	11,297	$0
Wealthspire Advisors, LLC	1	$0