| Fund | Previous Shares | Current Shares ▲▼ | Change in Shares ▲▼ | Previous Portfolio Weightage (%) | Current Portfolio Weightage (%) ▲▼ | Change in Weight (%) ▲▼ | Type |
|---|---|---|---|---|---|---|---|
| L1 Capital Pty Ltd | 10,848,019 | 23,908,865 | +13,060,846 | 6.95 | 8.31 | +1.36 | buy |
| Maple Rock Capital Partners Inc. | 7,079,488 | 14,308,748 | +7,229,260 | 1.78 | 4.04 | +2.25 | buy |
| Ruffer LLP | 1,776,730 | 7,499,601 | +5,722,871 | 0.47 | 1.91 | +1.44 | buy |
| SPROTT INC. | 4,445,158 | 9,439,892 | +4,994,734 | 1.66 | 2.57 | +0.92 | buy |
| D. E. Shaw & Co., Inc. | 4,402,130 | 8,375,609 | +3,973,479 | 0.04 | 0.05 | 0.00 | buy |
| DONALD SMITH & CO., INC. | 23,863,759 | 26,507,615 | +2,643,856 | 4.02 | 3.59 | -0.43 | buy |
| Invenomic Capital Management LP | 1,320,532 | 3,618,084 | +2,297,552 | 0.46 | 1.18 | +0.72 | buy |
| AEGIS FINANCIAL CORP | 2,568,645 | 4,828,363 | +2,259,718 | 15.06 | 16.37 | +1.31 | buy |
| Helikon Investments Ltd | 5,614,735 | 7,699,497 | +2,084,762 | 2.96 | 2.74 | -0.21 | buy |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 400,000 | 2,202,936 | +1,802,936 | 0.00 | 0.01 | +0.01 | buy |
| TWO SIGMA INVESTMENTS, LP | 3,798,503 | 5,519,957 | +1,721,454 | 0.06 | 0.06 | 0.00 | buy |
| GABELLI FUNDS LLC | 400,000 | 2,039,855 | +1,639,855 | 0.02 | 0.08 | +0.06 | buy |
| TD ASSET MANAGEMENT INC | 1,382,033 | 2,685,669 | +1,303,636 | 0.01 | 0.01 | +0.00 | buy |
| AMERICAN CENTURY COMPANIES INC | 3,660,928 | 4,962,288 | +1,301,360 | 0.02 | 0.02 | +0.00 | buy |
| Gemsstock Ltd. | 4,198,277 | 5,324,477 | +1,126,200 | 10.89 | 5.46 | -5.43 | buy |
| Goehring & Rozencwajg Associates, LLC | 1,562,929 | 2,244,877 | +681,948 | 1.98 | 1.99 | +0.01 | buy |
| PARSONS CAPITAL MANAGEMENT INC/RI | 131,000 | 470,404 | +339,404 | 0.05 | 0.17 | +0.12 | buy |
| Euro Pacific Asset Management, LLC | 1,090,344 | 1,372,906 | +282,562 | 1.36 | 1.28 | -0.08 | buy |
| SHELL ASSET MANAGEMENT CO | 1,138,558 | 1,363,469 | +224,911 | 0.37 | 0.27 | 0.00 | buy |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 238,604 | 439,514 | +200,910 | 0.01 | 0.01 | +0.00 | buy |
| Hartree Partners, LP | 150,000 | 322,250 | +172,250 | 0.37 | 0.52 | +0.15 | buy |
| CIBC Asset Management Inc | 542,514 | 699,873 | +157,359 | 0.01 | 0.01 | 0.00 | buy |
| Cardinal Point Capital Management ULC | 64,900 | 201,170 | +136,270 | 0.04 | 0.09 | +0.05 | buy |
| PKO Investment Management Joint-Stock Co | 186,887 | 281,387 | +94,500 | 0.15 | 0.17 | +0.03 | buy |
| GUGGENHEIM CAPITAL LLC | 347,751 | 427,613 | +79,862 | 0.02 | 0.02 | 0.00 | buy |
| Marex Group plc | 83,859 | 161,176 | +77,317 | 0.01 | 0.02 | +0.01 | buy |
| Persistent Asset Partners Ltd | 76,032 | 148,541 | +72,509 | 0.46 | 0.75 | +0.29 | buy |
| RENAISSANCE TECHNOLOGIES LLC | 2,082,593 | 2,010,600 | +71,993 | 0.02 | 0.02 | -0.01 | sell |
| EDMOND DE ROTHSCHILD HOLDING S.A. | 221,512 | 289,351 | +67,839 | 0.03 | 0.03 | -0.00 | buy |
| Harvest Portfolios Group Inc. | 81,442 | 130,826 | +49,384 | 0.02 | 0.02 | +0.00 | buy |
| CIBC WORLD MARKET INC. | 430,029 | 466,823 | +36,794 | 0.01 | 0.01 | -0.00 | buy |
| Northwest & Ethical Investments L.P. | 36,082 | 61,959 | +25,877 | 0.01 | 0.01 | +0.00 | buy |
| PROFUND ADVISORS LLC | 36,520 | 60,785 | +24,265 | 0.01 | 0.01 | +0.00 | buy |
| TOWARZYSTWO FUNDUSZY INWESTYCYJNYCH PZU SA | 19,300 | 42,750 | +23,450 | 0.05 | 0.07 | +0.02 | buy |
| Continuum Advisory, LLC | 7,540 | 27,446 | +19,906 | 0.01 | 0.02 | +0.01 | buy |
| Investment Management Corp of Ontario | 27,068 | 43,998 | +16,930 | 0.00 | 0.00 | -0.00 | buy |
| PCJ Investment Counsel Ltd. | 431,330 | 444,360 | +13,030 | 1.16 | 0.88 | -0.28 | buy |
| BUILDER INVESTMENT GROUP INC /ADV | 1,063,984 | 1,076,384 | +12,400 | 2.08 | 1.53 | -0.55 | buy |
| TCFG WEALTH MANAGEMENT, LLC | 21,650 | 31,650 | +10,000 | 0.07 | 0.08 | +0.01 | buy |
| EAGLE GLOBAL ADVISORS LLC | 32,600 | 42,000 | +9,400 | 0.01 | 0.01 | +0.00 | buy |
| PDT Partners, LLC | 121,453 | 129,047 | +7,594 | 0.06 | 0.04 | -0.02 | buy |
| Alberta Investment Management Corp | 212,300 | 219,685 | +7,385 | 0.01 | 0.01 | -0.00 | buy |
| STANSBERRY ASSET MANAGEMENT, LLC | 75,205 | 81,730 | +6,525 | 0.06 | 0.05 | -0.01 | buy |
| Wealth Preservation Advisors, LLC | 2,488 | 9,000 | +6,512 | 0.01 | 0.03 | +0.02 | buy |
| INGALLS & SNYDER LLC | 21,718 | 27,769 | +6,051 | 0.00 | 0.01 | +0.00 | buy |
| 111 Capital | 54,218 | 58,092 | +3,874 | 0.07 | 0.06 | -0.01 | buy |
| Kohmann Bosshard Financial Services, LLC | 36,000 | 38,000 | +2,000 | 0.03 | 0.02 | -0.00 | buy |
| Rathbones Group PLC | 108,129 | 109,993 | +1,864 | 0.00 | 0.00 | -0.00 | buy |
| Moran Wealth Management, LLC | 236,573 | 237,899 | +1,326 | 0.05 | 0.04 | -0.01 | buy |
| Veracity Capital LLC | 12,589 | 13,774 | +1,185 | 0.03 | 0.03 | -0.01 | buy |
| TOBAM | 4,195 | 5,038 | +843 | 0.02 | 0.02 | -0.00 | buy |
| Kiker Wealth Management, LLC | 11,640 | 11,975 | +335 | 0.05 | 0.04 | -0.02 | buy |
| SWAN Capital LLC | 200 | 250 | +50 | 0.00 | 0.00 | -0.00 | buy |
| Bank Julius Baer & Co. Ltd, Zurich | 150 | 110 | -40 | 0.00 | 0.00 | -0.00 | sell |
| Nebula Research & Development LLC | 55,535 | 54,494 | -1,041 | 0.04 | 0.03 | -0.01 | sell |
| Brookwood Investment Group LLC | 17,831 | 16,565 | -1,266 | 0.02 | 0.02 | -0.01 | sell |
| Net Worth Advisory Group | 29,253 | 24,294 | -4,959 | 0.06 | 0.03 | -0.03 | sell |
| LEUTHOLD GROUP, LLC | 513,459 | 505,518 | -7,941 | 0.46 | 0.35 | -0.11 | sell |
| PRELUDE CAPITAL MANAGEMENT, LLC | 196,378 | 187,205 | -9,173 | 0.10 | 0.10 | +0.00 | sell |
| SCOTIA CAPITAL INC. | 50,547 | 35,031 | -15,516 | 0.00 | 0.00 | -0.00 | sell |
| BARD ASSOCIATES INC | 461,887 | 428,531 | -33,356 | 1.19 | 0.79 | -0.39 | sell |
| Galibier Capital Management Ltd. | 570,000 | 527,019 | -42,981 | 1.22 | 0.91 | -0.31 | sell |
| Dynamic Technology Lab Private Ltd | 162,043 | 78,896 | -83,147 | 0.16 | 0.06 | -0.10 | sell |
| SIG North Trading, ULC | 420,887 | 314,133 | -106,754 | 0.59 | 0.40 | -0.19 | sell |
| Groupe la Francaise | 670,000 | 550,000 | -120,000 | 0.10 | 0.05 | -0.05 | sell |
| Acuitas Investments, LLC | 446,574 | 269,452 | -177,122 | 2.62 | 1.23 | -1.38 | sell |
| Quadrature Capital Ltd | 558,900 | 257,500 | -301,400 | 0.09 | 0.03 | -0.06 | sell |
| CenterBook Partners LP | 3,249,654 | 2,772,237 | -477,417 | 1.42 | 0.89 | -0.54 | sell |
| Waratah Capital Advisors Ltd. | 1,965,875 | 431,193 | -1,534,682 | 0.36 | 0.07 | -0.30 | sell |
| Orion Resource Partners LP | 33,000,000 | 12,229,378 | -20,770,622 | 43.15 | 13.09 | -30.06 | sell |