VANECK VECTORS GOLD MINERS ETF

CUSIP: 92189f106 Class: GOLD MINERS ETF

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (2)

VALICENTI ADVISORY SERVICES INC

Value ($000) $0 Shares 2,500

BERKSHIRE ASSET MANAGEMENT LLC/PA

Value ($000) $281 Shares 3,282

Institution	Shares	Value ($000)
VALICENTI ADVISORY SERVICES INC	2,500	$0
BERKSHIRE ASSET MANAGEMENT LLC/PA	3,282	$281

Increased Positions (1)

HANTZ FINANCIAL SERVICES, INC.

Value ($000) $0 (+333.3%) Shares 450 (+298.2%)

Institution	Prev Shares	Curr Shares	Change
HANTZ FINANCIAL SERVICES, INC.	113	450	+337 (+298.2%)

Decreased Positions (5)

GLOBALT Investments LLC / GA

Value ($000) $60,642 (-26.6%) Shares 707,035 (-34.6%)

STALEY CAPITAL ADVISERS INC

Value ($000) $51,159 (+3.0%) Shares 596,466 (-8.3%)

Ancora Advisors LLC

Value ($000) $1,117 (+7.3%) Shares 13,019 (-4.4%)

Azimuth Capital Investment Management LLC

Value ($000) $354 (+2.7%) Shares 4,130 (-8.5%)

Value ($000) $4 (+10.7%) Shares 42,589 (-1.4%)

Institution	Prev Shares	Curr Shares	Change
GLOBALT Investments LLC / GA	1,080,792	707,035	-373,757 (-34.6%)
STALEY CAPITAL ADVISERS INC	650,276	596,466	-53,810 (-8.3%)
Ancora Advisors LLC	13,618	13,019	-599 (-4.4%)
Azimuth Capital Investment Management LLC	4,515	4,130	-385 (-8.5%)
S&CO INC	43,197	42,589	-608 (-1.4%)