GLOBAL X FDS

Ticker: CEFA CUSIP: 37954Y368 Class: S&P EX US ETF

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (5)

GTS SECURITIES LLC

Value ($000) $1,688 Shares 45,696

HBK Sorce Advisory LLC

Value ($000) $809 Shares 20,475

MCF Advisors LLC

Value ($000) $86 Shares 2,300

JANE STREET GROUP, LLC

Value ($000) $323 Shares 8,751

GOLDMAN SACHS GROUP INC

Value ($000) $259 Shares 7,000

Institution	Shares	Value ($000)
GTS SECURITIES LLC	45,696	$1,688
HBK Sorce Advisory LLC	20,475	$809
MCF Advisors LLC	2,300	$86
JANE STREET GROUP, LLC	8,751	$323
GOLDMAN SACHS GROUP INC	7,000	$259

Increased Positions (6)

Hirtle Callaghan & Co LLC

Value ($000) $6,212 (+32.0%) Shares 168,200 (+28.7%)

BROWN BROTHERS HARRIMAN & CO

Value ($000) $1,699 (+87.8%) Shares 46,009 (+83.0%)

RFG Advisory, LLC

Value ($000) $337 (+43.3%) Shares 9,134 (+39.6%)

COURIER CAPITAL LLC

Value ($000) $523 (+8.4%) Shares 14,149 (+5.6%)

Hanson & Doremus Investment Management

Value ($000) $0 (+31.2%) Shares 7,288 (+27.8%)

OSAIC HOLDINGS, INC.

Value ($000) $136 (+3.7%) Shares 3,671 (+1.1%)

Institution	Prev Shares	Curr Shares	Change
Hirtle Callaghan & Co LLC	130,700	168,200	+37,500 (+28.7%)
BROWN BROTHERS HARRIMAN & CO	25,141	46,009	+20,868 (+83.0%)
RFG Advisory, LLC	6,542	9,134	+2,592 (+39.6%)
COURIER CAPITAL LLC	13,397	14,149	+752 (+5.6%)
Hanson & Doremus Investment Management	5,702	7,288	+1,586 (+27.8%)
OSAIC HOLDINGS, INC.	3,631	3,671	+40 (+1.1%)

Decreased Positions (2)

Alesco Advisors LLC

Value ($000) $460 (-1.2%) Shares 12,445 (-3.8%)

Value ($000) $48 (-8.3%) Shares 1,301 (-10.6%)

Institution	Prev Shares	Curr Shares	Change
Alesco Advisors LLC	12,930	12,445	-485 (-3.8%)
COMERICA BANK	1,455	1,301	-154 (-10.6%)

Exited Positions (1)

North Capital, Inc.

Value ($000) $7 Shares 194

Institution	Prev Shares	Prev Value ($000)
North Capital, Inc.	194	$7