VANECK ETF TRUST

Ticker: GDXJ CUSIP: 92189F791 Class: ETF

Nearwater Capital Markets, Ltd's Holding History (CIK: 0001915842)

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

Q4 2025
Shares 1,640,000 Value ($000) $186,599 Avg Close — Range —
Q3 2025
Shares 860,000 Value ($000) $85,166 Avg Close — Range —
Q2 2025
Shares 1,110,000 Value ($000) $75,025 Avg Close — Range —
Q1 2025
Shares 750,000 Value ($000) $42,900 Avg Close — Range —