ISHARES SILVER TRUST

CUSIP: 46428q109 Class: ISHARES

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (4)

L & S Advisors Inc

Value ($000) $5,215 Shares 80,950

KITCHING PARTNERS, LLC

Value ($000) $229 Shares 3,555

Mengis Capital Management, Inc.

Value ($000) $283 Shares 4,391

BERKSHIRE ASSET MANAGEMENT LLC/PA

Value ($000) $482 Shares 7,481

Institution	Shares	Value ($000)
L & S Advisors Inc	80,950	$5,215
KITCHING PARTNERS, LLC	3,555	$229
Mengis Capital Management, Inc.	4,391	$283
BERKSHIRE ASSET MANAGEMENT LLC/PA	7,481	$482

Decreased Positions (2)

Lesa Sroufe & Co

Value ($000) $6 (+11.0%) Shares 97,230 (-27.0%)

ISTHMUS PARTNERS, LLC

Value ($000) $934 (+50.3%) Shares 14,505 (-1.1%)

Institution	Prev Shares	Curr Shares	Change
Lesa Sroufe & Co	133,150	97,230	-35,920 (-27.0%)
ISTHMUS PARTNERS, LLC	14,670	14,505	-165 (-1.1%)

Exited Positions (2)

SlateStone Wealth, LLC

Value ($000) $0 Shares 11,330

VAUGHAN DAVID INVESTMENTS LLC/IL

Value ($000) $1 Shares 14,600

Institution	Prev Shares	Prev Value ($000)
SlateStone Wealth, LLC	11,330	$0
VAUGHAN DAVID INVESTMENTS LLC/IL	14,600	$1