GRANITESHARES ETF TR

Ticker: SMCL CUSIP: 38747R660 Class: ETF

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (3)

Prosperity Wealth Management, Inc.

Value ($000) $94 Shares 20,800

StoneX Group Inc.

Value ($000) $118 Shares 26,089

SIMPLEX TRADING, LLC

Value ($000) $0 Shares 16

Institution	Shares	Value ($000)
Prosperity Wealth Management, Inc.	20,800	$94
StoneX Group Inc.	26,089	$118
SIMPLEX TRADING, LLC	16	$0

Increased Positions (3)

SBI Securities Co., Ltd.

Value ($000) $225 (+12.0%) Shares 49,880 (+262.2%)

SUSQUEHANNA INTERNATIONAL GROUP, LLP

Value ($000) $198 (+18.1%) Shares 43,720 (+282.0%)

Optiver Holding B.V.

Value ($000) $128 (-35.8%) Shares 28,380 (+107.6%)

Institution	Prev Shares	Curr Shares	Change
SBI Securities Co., Ltd.	13,773	49,880	+36,107 (+262.2%)
SUSQUEHANNA INTERNATIONAL GROUP, LLP	11,444	43,720	+32,276 (+282.0%)
Optiver Holding B.V.	13,670	28,380	+14,710 (+107.6%)

Exited Positions (5)

GTS SECURITIES LLC

Value ($000) $180 Shares 12,318

RENAISSANCE TECHNOLOGIES LLC

Value ($000) $174 Shares 11,900

OSAIC HOLDINGS, INC.

Value ($000) $106 Shares 7,273

Value ($000) $95 Shares 6,500

Tower Research Capital LLC (TRC)

Value ($000) $3 Shares 181

Institution	Prev Shares	Prev Value ($000)
GTS SECURITIES LLC	12,318	$180
RENAISSANCE TECHNOLOGIES LLC	11,900	$174
OSAIC HOLDINGS, INC.	7,273	$106
MORGAN STANLEY	6,500	$95
Tower Research Capital LLC (TRC)	181	$3