METALPHA TECHN HOLDING LTD

Ticker: MATH CUSIP: G28365107 Class: SHS

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (5)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

Value ($000) $1,320 Shares 628,590

SUSQUEHANNA INTERNATIONAL GROUP, LLP

Value ($000) $61 Shares 28,997

ROYAL BANK OF CANADA

Value ($000) $1 Shares 269

JPMORGAN CHASE & CO

Value ($000) $1 Shares 383

BANK OF AMERICA CORP /DE/

Value ($000) $0 Shares 65

Institution	Shares	Value ($000)
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.	628,590	$1,320
SUSQUEHANNA INTERNATIONAL GROUP, LLP	28,997	$61
ROYAL BANK OF CANADA	269	$1
JPMORGAN CHASE & CO	383	$1
BANK OF AMERICA CORP /DE/	65	$0

Increased Positions (4)

GOLDMAN SACHS GROUP INC

Value ($000) $167 (-36.0%) Shares 79,344 (+11.8%)

Value ($000) $2 (+55.7%) Shares 1,110 (+172.1%)

BNP PARIBAS ARBITRAGE, SA

Value ($000) $3 (-37.6%) Shares 1,200 (+9.1%)

HRT FINANCIAL LP

Value ($000) $0 (+97.4%) Shares 35,763 (+242.0%)

Institution	Prev Shares	Curr Shares	Change
GOLDMAN SACHS GROUP INC	70,991	79,344	+8,353 (+11.8%)
UBS Group AG	408	1,110	+702 (+172.1%)
BNP PARIBAS ARBITRAGE, SA	1,100	1,200	+100 (+9.1%)
HRT FINANCIAL LP	10,458	35,763	+25,305 (+242.0%)

Decreased Positions (2)

Value ($000) $64 (-49.3%) Shares 30,678 (-11.4%)

Value ($000) $61 (-45.6%) Shares 29,048 (-4.8%)

Institution	Prev Shares	Curr Shares	Change
XTX Topco Ltd	34,619	30,678	-3,941 (-11.4%)
Invesco Ltd.	30,527	29,048	-1,479 (-4.8%)

Exited Positions (3)

Beacon Pointe Advisors, LLC

Value ($000) $179 Shares 48,695

NORTHERN TRUST CORP

Value ($000) $341 Shares 92,946

RENAISSANCE TECHNOLOGIES LLC

Value ($000) $145 Shares 39,600

Institution	Prev Shares	Prev Value ($000)
Beacon Pointe Advisors, LLC	48,695	$179
NORTHERN TRUST CORP	92,946	$341
RENAISSANCE TECHNOLOGIES LLC	39,600	$145