KRANESHARES TRUST

Ticker: KEMX CUSIP: 500767769 Class: MSCI EMG EX CH

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (1)

BANK OF AMERICA CORP /DE/
Value ($000) $63 Shares 1,697

Increased Positions (7)

Thomasville National Bank
Value ($000) $5,180 (+8.9%) Shares 139,687 (+1.6%)
JANE STREET GROUP, LLC
Value ($000) $6,416 (+31.3%) Shares 173,030 (+22.6%)
LPL Financial LLC
Value ($000) $1,453 (+37.4%) Shares 39,187 (+28.2%)
Farther Finance Advisors, LLC
Value ($000) $24 (+750.0%) Shares 635 (+693.8%)
IFP Advisors, Inc
Value ($000) $70 (+10.4%) Shares 1,894 (+3.0%)
MORGAN STANLEY
Value ($000) $1 (+1815.4%) Shares 26 (+2500.0%)
Janney Montgomery Scott LLC
Value ($000) $0 (+10.7%) Shares 10,853 (+3.6%)

Decreased Positions (9)

OLD MISSION CAPITAL LLC
Value ($000) $1,735 (-15.7%) Shares 46,780 (-21.3%)
GTS SECURITIES LLC
Value ($000) $1,436 (-7.4%) Shares 38,728 (-13.5%)
Hobart Private Capital, LLC
Value ($000) $317 (-3.6%) Shares 8,558 (-10.1%)
FLOW TRADERS U.S. LLC
Value ($000) $0 (-58.5%) Shares 8,661 (-61.2%)
ATWOOD & PALMER INC
Value ($000) $4 (-94.3%) Shares 121 (-94.7%)
SFG Wealth Management, LLC.
Value ($000) $394 (+4.6%) Shares 10,627 (-2.4%)
VeraBank, N.A.
Value ($000) $657 (+4.6%) Shares 17,725 (-2.4%)
SUSQUEHANNA INTERNATIONAL GROUP, LLP
Value ($000) $219 (-11.6%) Shares 5,911 (-17.5%)
OSAIC HOLDINGS, INC.
Value ($000) $25 (-27.3%) Shares 680 (-36.2%)

Exited Positions (2)

UBS Group AG
Value ($000) $165 Shares 4,763
SALEM INVESTMENT COUNSELORS INC
Value ($000) $1 Shares 25