KRANESHARES TRUST

Ticker: KCCA CUSIP: 500767553 Class: CALIFORNIA CARB

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (3)

Brucke Financial, Inc.
Value ($000) $556 Shares 33,067
NewEdge Wealth, LLC
Value ($000) $3,698 Shares 220,009
MAI Capital Management
Value ($000) $16 Shares 950

Increased Positions (7)

Fielder Capital Group LLC
Value ($000) $8,586 (+0.2%) Shares 510,747 (+1.7%)
PICTON MAHONEY ASSET MANAGEMENT
Value ($000) $896 (+191329.1%) Shares 53,200 (+94.9%)
Sharp Financial Services, LLC
Value ($000) $270 (+2.1%) Shares 16,091 (+3.7%)
Biltmore Family Office, LLC
Value ($000) $303 (+9.7%) Shares 18,043 (+11.4%)
Maltin Wealth Management, Inc.
Value ($000) $287 (+1.3%) Shares 17,084 (+2.9%)
ORG Wealth Partners, LLC
Value ($000) $15 (+1.1%) Shares 869 (+2.6%)
OSAIC HOLDINGS, INC.
Value ($000) $1 (+1.5%) Shares 41 (+2.5%)

Decreased Positions (5)

Battery Global Advisors, LLC
Value ($000) $10 (-99.6%) Shares 8 (-100.0%)
Permanent Capital Management, LP
Value ($000) $261 (-91.5%) Shares 15,540 (-91.3%)
Summit Trail Advisors, LLC
Value ($000) $20,820 (-24.1%) Shares 1,238,566 (-23.0%)
SUSQUEHANNA INTERNATIONAL GROUP, LLP
Value ($000) $186 (-67.7%) Shares 11,044 (-67.2%)
SIMPLEX TRADING, LLC
Value ($000) $15 (+8643.1%) Shares 905 (-91.2%)

Exited Positions (6)

HOLLENCREST CAPITAL MANAGEMENT
Value ($000) $427 Shares 25,000
NORTHERN TRUST CORP
Value ($000) $10,935 Shares 640,582
FLOW TRADERS U.S. LLC
Value ($000) $1 Shares 37,385
JANE STREET GROUP, LLC
Value ($000) $2,031 Shares 118,968
Quantinno Capital Management LP
Value ($000) $201 Shares 11,800
UBS Group AG
Value ($000) $9 Shares 551