PROSHARES TR

Ticker: EFO CUSIP: 74347X500 Class: ULTR MSCI ETF

Holders for Q4 2025 Position Changes for Q4 2025

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

Increased Positions (1)

ROVIN CAPITAL /UT/ /ADV

Value ($000) $0 (+18.2%) Shares 5,471 (+4.3%)

Institution	Prev Shares	Curr Shares	Change
ROVIN CAPITAL /UT/ /ADV	5,244	5,471	+227 (+4.3%)

Decreased Positions (3)

PMV Capital Advisers, LLC

Value ($000) $513 (-31.1%) Shares 8,031 (-35.6%)

Tempus Wealth Planning, LLC

Value ($000) $1,465 (-6.2%) Shares 22,953 (-12.3%)

Elm3 Financial Group, LLC

Value ($000) $246 (+4.8%) Shares 3,857 (-2.2%)

Institution	Prev Shares	Curr Shares	Change
PMV Capital Advisers, LLC	12,471	8,031	-4,440 (-35.6%)
Tempus Wealth Planning, LLC	26,187	22,953	-3,234 (-12.3%)
Elm3 Financial Group, LLC	3,942	3,857	-85 (-2.2%)

Exited Positions (4)

SUSQUEHANNA INTERNATIONAL GROUP, LLP

Value ($000) $515 Shares 8,634

JANE STREET GROUP, LLC

Value ($000) $259 Shares 4,346

Value ($000) $12 Shares 203

Cambridge Investment Research Advisors, Inc.

Value ($000) $0 Shares 4,163

Institution	Prev Shares	Prev Value ($000)
SUSQUEHANNA INTERNATIONAL GROUP, LLP	8,634	$515
JANE STREET GROUP, LLC	4,346	$259
UBS Group AG	203	$12
Cambridge Investment Research Advisors, Inc.	4,163	$0