LEGG MASON ETF INVT

Ticker: SQLV CUSIP: 52468L877 Class: ROYCE QUANT SML

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (4)

Farther Finance Advisors, LLC

Value ($000) $35 Shares 811

Value ($000) $8 Shares 192

Value ($000) $3 Shares 74

Value ($000) $0 Shares 163

Institution	Shares	Value ($000)
Farther Finance Advisors, LLC	811	$35
COMERICA BANK	192	$8
UBS Group AG	74	$3
CWM, LLC	163	$0

Increased Positions (2)

ROYAL BANK OF CANADA

Value ($000) $410 (+425.6%) Shares 9,499 (+419.6%)

Geneos Wealth Management Inc.

Value ($000) $19 (+8.0%) Shares 447 (+6.9%)

Institution	Prev Shares	Curr Shares	Change
ROYAL BANK OF CANADA	1,828	9,499	+7,671 (+419.6%)
Geneos Wealth Management Inc.	418	447	+29 (+6.9%)

Decreased Positions (4)

LPL Financial LLC

Value ($000) $742 (-81.3%) Shares 17,175 (-81.5%)

CITADEL ADVISORS LLC

Value ($000) $391 (-58.8%) Shares 9,063 (-59.2%)

OSAIC HOLDINGS, INC.

Value ($000) $110 (-31.3%) Shares 2,539 (-31.4%)

COMMONWEALTH EQUITY SERVICES, LLC

Value ($000) $895 (+98326.8%) Shares 20,720 (-2.5%)

Institution	Prev Shares	Curr Shares	Change
LPL Financial LLC	92,668	17,175	-75,493 (-81.5%)
CITADEL ADVISORS LLC	22,225	9,063	-13,162 (-59.2%)
OSAIC HOLDINGS, INC.	3,699	2,539	-1,160 (-31.4%)
COMMONWEALTH EQUITY SERVICES, LLC	21,261	20,720	-541 (-2.5%)

Exited Positions (1)

Cetera Investment Advisers

Value ($000) $201 Shares 4,704

Institution	Prev Shares	Prev Value ($000)
Cetera Investment Advisers	4,704	$201