LAZARD ACTIVE ETF TR

Ticker: JPY CUSIP: 52110K103 Class: JAPANESE EQUIT

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

InstitutionSharesValue ($000)
Permanens Capital L.P.582,605$18,641
CITADEL ADVISORS LLC55,117$1,764
PNC Financial Services Group, Inc.36,978$1,183
SUSQUEHANNA INTERNATIONAL GROUP, LLP7,187$230
UBS Group AG125$4
Total (5 institutions)682,012$21,822