KRANESHARES TRUST

Ticker: KBDU CUSIP: 500767314 Class: 2X LONG BIDU DLY

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (2)

OLD MISSION CAPITAL LLC
Value ($000) $971 Shares 31,583
Tower Research Capital LLC (TRC)
Value ($000) $2 Shares 54