TIDAL TR II

Ticker: MSFO CUSIP: 88634T428 Class: YIELDMAX MSFT OP

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (3)

ZEGA Investments, LLC
Value ($000) $200 Shares 12,972
UBS Group AG
Value ($000) $161 Shares 10,436
FMR LLC
Value ($000) $0 Shares 4

Increased Positions (7)

OLD MISSION CAPITAL LLC
Value ($000) $685 (+21.9%) Shares 44,368 (+37.5%)
Cavalier Investments, LLC
Value ($000) $400 (+7.9%) Shares 25,875 (+21.7%)
JANE STREET GROUP, LLC
Value ($000) $738 (+0.4%) Shares 47,750 (+13.2%)
Visionary Wealth Advisors
Value ($000) $465 (-6.7%) Shares 30,127 (+5.2%)
Steward Partners Investment Advisory, LLC
Value ($000) $23 (-9.5%) Shares 1,496 (+2.0%)
Geneos Wealth Management Inc.
Value ($000) $4 (-4.1%) Shares 266 (+8.1%)
HARBOUR INVESTMENTS, INC.
Value ($000) $0 (-2.5%) Shares 3 (+50.0%)

Decreased Positions (4)

Toroso Investments, LLC
Value ($000) $77,362 (-18.4%) Shares 5,027,428 (-7.6%)
SUSQUEHANNA INTERNATIONAL GROUP, LLP
Value ($000) $461 (-27.4%) Shares 29,822 (-18.1%)
Gladstone Institutional Advisory LLC
Value ($000) $234 (-16.8%) Shares 15,150 (-6.2%)
SIMPLEX TRADING, LLC
Value ($000) $3 (+8703.3%) Shares 171 (-90.2%)

Exited Positions (3)

CITADEL ADVISORS LLC
Value ($000) $333 Shares 19,100
MORGAN STANLEY
Value ($000) $9 Shares 518
WELLS FARGO & COMPANY/MN
Value ($000) $0 Shares 1