SHF HOLDINGS INC

Ticker: SHFS CUSIP: 824430300 Class: CL A NEW

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (4)

Checchi Capital Advisers, LLC

Value ($000) $34 Shares 31,741

JANE STREET GROUP, LLC

Value ($000) $12 Shares 11,202

HRT FINANCIAL LP

Value ($000) $0 Shares 19,918

Value ($000) $0 Shares 10

Institution	Shares	Value ($000)
Checchi Capital Advisers, LLC	31,741	$34
JANE STREET GROUP, LLC	11,202	$12
HRT FINANCIAL LP	19,918	$0
MORGAN STANLEY	10	$0

Increased Positions (3)

Value ($000) $0 (-59.4%) Shares 308,000 (+175.1%)

Tower Research Capital LLC (TRC)

Value ($000) $5 (+16.5%) Shares 4,659 (+687.0%)

Value ($000) $1 (-69.4%) Shares 474 (+107.0%)

Institution	Prev Shares	Curr Shares	Change
M3F, Inc.	111,943	308,000	+196,057 (+175.1%)
Tower Research Capital LLC (TRC)	592	4,659	+4,067 (+687.0%)
UBS Group AG	229	474	+245 (+107.0%)

Decreased Positions (3)

VANGUARD GROUP INC

Value ($000) $22 (-93.4%) Shares 20,486 (-55.7%)

BANK OF AMERICA CORP /DE/

Value ($000) $0 (-99.9%) Shares 17 (-99.6%)

GEODE CAPITAL MANAGEMENT, LLC

Value ($000) $13 (-86.3%) Shares 12,651 (-7.6%)

Institution	Prev Shares	Curr Shares	Change
VANGUARD GROUP INC	46,284	20,486	-25,798 (-55.7%)
BANK OF AMERICA CORP /DE/	3,906	17	-3,889 (-99.6%)
GEODE CAPITAL MANAGEMENT, LLC	13,697	12,651	-1,046 (-7.6%)