TIDAL TR II

Ticker: IWMY CUSIP: 88636J139 Class: DEFIANCE R2000

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (4)

JANE STREET GROUP, LLC

Value ($000) $939 Shares 47,640

Value ($000) $104 Shares 5,300

Geneos Wealth Management Inc.

Value ($000) $7 Shares 370

Modus Advisors, LLC

Value ($000) $1 Shares 50

Institution	Shares	Value ($000)
JANE STREET GROUP, LLC	47,640	$939
UBS Group AG	5,300	$104
Geneos Wealth Management Inc.	370	$7
Modus Advisors, LLC	50	$1

Increased Positions (4)

OLD MISSION CAPITAL LLC

Value ($000) $842 (+70.9%) Shares 42,720 (+99.5%)

SUSQUEHANNA INTERNATIONAL GROUP, LLP

Value ($000) $487 (+135.4%) Shares 24,719 (+174.8%)

SIMPLEX TRADING, LLC

Value ($000) $44 (+125077.1%) Shares 2,224 (+42.7%)

OSAIC HOLDINGS, INC.

Value ($000) $16 (-4.2%) Shares 834 (+11.8%)

Institution	Prev Shares	Curr Shares	Change
OLD MISSION CAPITAL LLC	21,415	42,720	+21,305 (+99.5%)
SUSQUEHANNA INTERNATIONAL GROUP, LLP	8,994	24,719	+15,725 (+174.8%)
SIMPLEX TRADING, LLC	1,559	2,224	+665 (+42.7%)
OSAIC HOLDINGS, INC.	746	834	+88 (+11.8%)

Decreased Positions (2)

Belvedere Trading LLC

Value ($000) $316 (-24.0%) Shares 16,028 (-11.3%)

TUCKER ASSET MANAGEMENT LLC

Value ($000) $7 (-17.7%) Shares 340 (-4.0%)

Institution	Prev Shares	Curr Shares	Change
Belvedere Trading LLC	18,068	16,028	-2,040 (-11.3%)
TUCKER ASSET MANAGEMENT LLC	354	340	-14 (-4.0%)

Exited Positions (3)

STANCE CAPITAL LLC

Value ($000) $78 Shares 3,382

Value ($000) $9 Shares 379

Value ($000) $0 Shares 4

Institution	Prev Shares	Prev Value ($000)
STANCE CAPITAL LLC	3,382	$78
MORGAN STANLEY	379	$9
FMR LLC	4	$0