TIDAL TR II

Ticker: BABO CUSIP: 88636R107 Class: YIELDMAX BABA OP

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) $274 Shares 20,721

SIMPLEX TRADING, LLC

Value ($000) $2 Shares 155

Farther Finance Advisors, LLC

Value ($000) $0 Shares 19

Value ($000) $0 Shares 9

Institution	Shares	Value ($000)
JANE STREET GROUP, LLC	20,721	$274
SIMPLEX TRADING, LLC	155	$2
Farther Finance Advisors, LLC	19	$0
FMR LLC	9	$0

Increased Positions (4)

OLD MISSION CAPITAL LLC

Value ($000) $1,224 (+207.1%) Shares 92,612 (+340.2%)

Wealth Watch Advisors, INC

Value ($000) $26 (+26.8%) Shares 1,999 (+81.7%)

SUSQUEHANNA INTERNATIONAL GROUP, LLP

Value ($000) $603 (-20.3%) Shares 45,642 (+14.2%)

OSAIC HOLDINGS, INC.

Value ($000) $8 (+453.6%) Shares 595 (+693.3%)

Institution	Prev Shares	Curr Shares	Change
OLD MISSION CAPITAL LLC	21,040	92,612	+71,572 (+340.2%)
Wealth Watch Advisors, INC	1,100	1,999	+899 (+81.7%)
SUSQUEHANNA INTERNATIONAL GROUP, LLP	39,959	45,642	+5,683 (+14.2%)
OSAIC HOLDINGS, INC.	75	595	+520 (+693.3%)

Decreased Positions (1)

Toroso Investments, LLC

Value ($000) $17,498 (-47.1%) Shares 1,332,797 (-23.7%)

Institution	Prev Shares	Curr Shares	Change
Toroso Investments, LLC	1,746,503	1,332,797	-413,706 (-23.7%)

Exited Positions (2)

Value ($000) $28 Shares 1,489

Value ($000) $0 Shares 1

Institution	Prev Shares	Prev Value ($000)
UBS Group AG	1,489	$28
MORGAN STANLEY	1	$0