INVESTMENT MANAGERS SER TR I

Ticker: NVDS CUSIP: 46144X115 Class: TRADR 1.5X SHORT

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (6)

Headlands Technologies LLC

Value ($000) $212 Shares 7,555

RENAISSANCE TECHNOLOGIES LLC

Value ($000) $573 Shares 20,466

Belvedere Trading LLC

Value ($000) $558 Shares 19,905

Value ($000) $366 Shares 13,066

Value ($000) $35 Shares 1,237

Tower Research Capital LLC (TRC)

Value ($000) $4 Shares 126

Institution	Shares	Value ($000)
Headlands Technologies LLC	7,555	$212
RENAISSANCE TECHNOLOGIES LLC	20,466	$573
Belvedere Trading LLC	19,905	$558
MORGAN STANLEY	13,066	$366
UBS Group AG	1,237	$35
Tower Research Capital LLC (TRC)	126	$4