GRANITESHARES ETF TR

Ticker: UBRL CUSIP: 38747R694 Class: 2X LONG UBER

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (1)

CITADEL ADVISORS LLC

Value ($000) $911 Shares 42,931

Institution	Shares	Value ($000)
CITADEL ADVISORS LLC	42,931	$911

Increased Positions (2)

Parallel Advisors, LLC

Value ($000) $59 (-32.8%) Shares 2,800 (+12.0%)

SBI Securities Co., Ltd.

Value ($000) $0 (+80.2%) Shares 9 (+200.0%)

Institution	Prev Shares	Curr Shares	Change
Parallel Advisors, LLC	2,500	2,800	+300 (+12.0%)
SBI Securities Co., Ltd.	3	9	+6 (+200.0%)

Decreased Positions (3)

Optiver Holding B.V.

Value ($000) $47 (-92.8%) Shares 2,236 (-88.0%)

GROUP ONE TRADING, L.P.

Value ($000) $112 (-54.8%) Shares 5,287 (-24.8%)

Value ($000) $15 (-58.6%) Shares 706 (-31.1%)

Institution	Prev Shares	Curr Shares	Change
Optiver Holding B.V.	18,579	2,236	-16,343 (-88.0%)
GROUP ONE TRADING, L.P.	7,026	5,287	-1,739 (-24.8%)
UBS Group AG	1,024	706	-318 (-31.1%)

Exited Positions (5)

LAZARI CAPITAL MANAGEMENT, INC.

Value ($000) $240 Shares 6,800

GTS SECURITIES LLC

Value ($000) $1,243 Shares 35,168

Belvedere Trading LLC

Value ($000) $28 Shares 800

Newbridge Financial Services Group, Inc.

Value ($000) $5 Shares 150

SIMPLEX TRADING, LLC

Value ($000) $0 Shares 171

Institution	Prev Shares	Prev Value ($000)
LAZARI CAPITAL MANAGEMENT, INC.	6,800	$240
GTS SECURITIES LLC	35,168	$1,243
Belvedere Trading LLC	800	$28
Newbridge Financial Services Group, Inc.	150	$5
SIMPLEX TRADING, LLC	171	$0