VOLATILITY SHS TR

CUSIP: 92864M830 Class: ETF

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (12)

SANDERS MORRIS HARRIS LLC
Value ($000) $745 Shares 120,000
RBF Capital, LLC
Value ($000) $447 Shares 70,000
FLOW TRADERS U.S. LLC
Value ($000) $1 Shares 121,494
Virtu Financial LLC
Value ($000) $1 Shares 92,084
Jump Financial, LLC
Value ($000) $434 Shares 68,033
IMC-Chicago, LLC
Value ($000) $1,124 Shares 176,231
CITADEL ADVISORS LLC
Value ($000) $630 Shares 98,691
UBS Group AG
Value ($000) $32 Shares 5,089
Colonial Trust Advisors
Value ($000) $13 Shares 2,000
BANK OF AMERICA CORP /DE/
Value ($000) $4 Shares 700
Farther Finance Advisors, LLC
Value ($000) $0 Shares 49
CWM, LLC
Value ($000) $0 Shares 742

Increased Positions (3)

DRW Securities, LLC
Value ($000) $3,903 (+41.9%) Shares 611,752 (+412.0%)
Marex Group plc
Value ($000) $2,048 (+45.8%) Shares 321,000 (+426.2%)
Belvedere Trading LLC
Value ($000) $373 (-68.2%) Shares 58,526 (+14.6%)

Decreased Positions (4)

SUSQUEHANNA INTERNATIONAL GROUP, LLP
Value ($000) $340 (-93.2%) Shares 53,308 (-75.5%)
GROUP ONE TRADING, L.P.
Value ($000) $89 (-94.1%) Shares 14,008 (-78.9%)
IFP Advisors, Inc
Value ($000) $2 (-98.2%) Shares 250 (-93.3%)
HIGHLINE WEALTH PARTNERS LLC
Value ($000) $4 (-86.7%) Shares 600 (-52.0%)

Exited Positions (8)

Lauer Wealth, LLC
Value ($000) $722 Shares 37,472
PFG Investments, LLC
Value ($000) $346 Shares 15,010
Soltis Investment Advisors LLC
Value ($000) $260 Shares 11,302
JANE STREET GROUP, LLC
Value ($000) $2,196 Shares 95,401
HighTower Advisors, LLC
Value ($000) $360 Shares 15,618
Rossby Financial, LCC
Value ($000) $10 Shares 400
ORG Partners LLC
Value ($000) $4 Shares 180
Wealthspire Advisors, LLC
Value ($000) $0 Shares 1