TIDAL ETF TR

Ticker: ZHDG CUSIP: 886364660 Class: ZEGA BUY AND HED

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (4)

Wealth Watch Advisors, INC
Value ($000) $3,203 Shares 141,558
Authentikos Wealth Advisory, LLC
Value ($000) $626 Shares 27,682
OLD MISSION CAPITAL LLC
Value ($000) $483 Shares 21,362
MORGAN STANLEY
Value ($000) $0 Shares 1

Increased Positions (7)

ZEGA Investments, LLC
Value ($000) $21,313 (+20.4%) Shares 941,836 (+20.9%)
WorthPointe, LLC
Value ($000) $722 (+57.5%) Shares 31,905 (+58.2%)
Coppell Advisory Solutions LLC
Value ($000) $2,370 (+27.9%) Shares 104,876 (+28.1%)
Royal Fund Management, LLC
Value ($000) $950 (+148.7%) Shares 41,967 (+149.8%)
Nicholas Wealth, LLC.
Value ($000) $562 (+2.9%) Shares 24,848 (+3.4%)
GTS SECURITIES LLC
Value ($000) $380 (+37.1%) Shares 16,788 (+37.7%)
SUSQUEHANNA INTERNATIONAL GROUP, LLP
Value ($000) $1,500 (+6.2%) Shares 66,265 (+6.7%)

Decreased Positions (4)

Allen Capital Group, LLC
Value ($000) $6,070 (-25.8%) Shares 268,250 (-25.4%)
Optivise Advisory Services LLC
Value ($000) $950 (-23.2%) Shares 41,977 (-22.8%)
UBS Group AG
Value ($000) $3 (-94.3%) Shares 130 (-94.3%)
JANE STREET GROUP, LLC
Value ($000) $339 (-12.1%) Shares 14,968 (-11.8%)