TRX GOLD CORPORATION

Ticker: TRX CUSIP: 87283P109 Class: Stock

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (11)

MARSHALL WACE, LLP
Value ($000) $1,658 Shares 1,801,708
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP
Value ($000) $1,101 Shares 1,189,397
THOMPSON DAVIS & CO., INC.
Value ($000) $13 Shares 14,222
SUSQUEHANNA INTERNATIONAL GROUP, LLP
Value ($000) $90 Shares 98,272
Integrated Wealth Concepts LLC
Value ($000) $20 Shares 21,787
GOLDMAN SACHS GROUP INC
Value ($000) $16 Shares 17,091
Tradition Wealth Management, LLC
Value ($000) $9 Shares 10,000
Stone House Investment Management, LLC
Value ($000) $6 Shares 6,240
BANK OF AMERICA CORP /DE/
Value ($000) $5 Shares 5,125
Virtu Financial LLC
Value ($000) $0 Shares 111,427
CITIGROUP INC
Value ($000) $0 Shares 148

Increased Positions (13)

Hillsdale Investment Management Inc.
Value ($000) $1,685 (+258.0%) Shares 1,817,781 (+144.1%)
Connor, Clark & Lunn Investment Management Ltd.
Value ($000) $887 (+1193.6%) Shares 958,959 (+783.8%)
JANE STREET GROUP, LLC
Value ($000) $672 (+6623.9%) Shares 729,779 (+4455.7%)
MORGAN STANLEY
Value ($000) $1,452 (+70.4%) Shares 1,577,203 (+15.5%)
CITADEL ADVISORS LLC
Value ($000) $585 (+111.9%) Shares 635,775 (+43.6%)
MAI Capital Management
Value ($000) $98 (+232.1%) Shares 106,878 (+125.0%)
BNP PARIBAS ARBITRAGE, SA
Value ($000) $488 (+62.1%) Shares 529,835 (+9.8%)
SPROTT INC.
Value ($000) $88 (+99.1%) Shares 95,721 (+34.9%)
Cetera Investment Advisers
Value ($000) $26 (+124.8%) Shares 28,373 (+54.4%)
UBS Group AG
Value ($000) $46 (+83.2%) Shares 49,740 (+24.1%)
Meridian Wealth Management, LLC
Value ($000) $51 (+63.5%) Shares 55,377 (+10.8%)
ROYAL BANK OF CANADA
Value ($000) $4 (+300.0%) Shares 4,544 (+202.9%)
SBI Securities Co., Ltd.
Value ($000) $1 (+389.1%) Shares 1,168 (+231.8%)

Decreased Positions (7)

Financial Sense Advisors, Inc.
Value ($000) $30 (-75.5%) Shares 32,991 (-83.4%)
Rossby Financial, LCC
Value ($000) $884 (+44.4%) Shares 960,000 (-2.0%)
PFG Investments, LLC
Value ($000) $21 (-33.4%) Shares 23,020 (-54.9%)
BANK OF MONTREAL /CAN/
Value ($000) $148 (+6.5%) Shares 160,200 (-27.2%)
GROUP ONE TRADING, L.P.
Value ($000) $8 (+10.2%) Shares 9,034 (-25.3%)
NATIONAL BANK OF CANADA /FI/
Value ($000) $1 (-38.9%) Shares 887 (-58.1%)
JPMORGAN CHASE & CO
Value ($000) $1 (-1.6%) Shares 1,000 (-33.3%)

Exited Positions (9)

PFG Private Wealth Management, LLC
Value ($000) $182 Shares 291,000
EVERGREEN CAPITAL MANAGEMENT LLC
Value ($000) $78 Shares 125,657
LPL Financial LLC
Value ($000) $33 Shares 52,532
RAYMOND JAMES FINANCIAL INC
Value ($000) $10 Shares 15,407
XTX Topco Ltd
Value ($000) $8 Shares 12,244
NewEdge Advisors, LLC
Value ($000) $7 Shares 10,700
ORG Partners LLC
Value ($000) $0 Shares 100
HRT FINANCIAL LP
Value ($000) $0 Shares 37,000
SIMPLEX TRADING, LLC
Value ($000) $0 Shares 607