VS TRUST

CUSIP: 92891H956 Class: 2X LONG VIX FUTU

Holders for Q4 2025 Position Changes for Q4 2025

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

Increased Positions (1)

HRT FINANCIAL LP

Value ($000) $1 (+122.7%) Shares 89,400 (+287.0%)

Institution	Prev Shares	Curr Shares	Change
HRT FINANCIAL LP	23,100	89,400	+66,300 (+287.0%)