VS TRUST

Ticker: SVIX CUSIP: 92891H101 Class: -1X SHRT VIX FUT

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (4)

MidWestOne Financial Group, Inc.
Value ($000) $1,855 Shares 76,572
Headlands Technologies LLC
Value ($000) $910 Shares 37,566
GROUP ONE TRADING, L.P.
Value ($000) $2,556 Shares 105,471
CITADEL ADVISORS LLC
Value ($000) $3,004 Shares 123,986

Increased Positions (5)

Jump Financial, LLC
Value ($000) $3,208 (+543.5%) Shares 132,393 (+467.8%)
FLOW TRADERS U.S. LLC
Value ($000) $2 (+161.0%) Shares 76,701 (+130.4%)
JANE STREET GROUP, LLC
Value ($000) $1,590 (+689.3%) Shares 65,633 (+596.4%)
MORGAN STANLEY
Value ($000) $3,405 (+48.0%) Shares 140,512 (+30.6%)
HRT FINANCIAL LP
Value ($000) $1 (+22.5%) Shares 26,291 (+7.9%)

Decreased Positions (6)

Innova Wealth Partners
Value ($000) $2,719 (-35.6%) Shares 112,207 (-43.1%)
SUSQUEHANNA INTERNATIONAL GROUP, LLP
Value ($000) $20,403 (-23.7%) Shares 842,052 (-32.7%)
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC
Value ($000) $558 (-51.7%) Shares 22,600 (-59.1%)
SIMPLEX TRADING, LLC
Value ($000) $991 (+47723.8%) Shares 40,896 (-57.8%)
UBS Group AG
Value ($000) $148 (-60.7%) Shares 6,097 (-65.3%)
TWO SIGMA SECURITIES, LLC
Value ($000) $271 (+9.2%) Shares 11,164 (-3.7%)

Exited Positions (4)

Triton Wealth Management, PLLC
Value ($000) $1,579 Shares 78,805
JPMORGAN CHASE & CO
Value ($000) $522 Shares 24,421
Wealthspire Advisors, LLC
Value ($000) $23 Shares 1,096
Tower Research Capital LLC (TRC)
Value ($000) $15 Shares 694