# EDGAR Filing Document

**Accession Number:** 0001557265
**File Stem:** 0001145549-25-053272
**Filing Date:** 2025-8
**Character Count:** 64705
**Document Hash:** 63d61744fa03becaf9db3625e5872493
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-053272.hdr.sgml**: 20250825

**ACCESSION NUMBER**: 0001145549-25-053272

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250825

**DATE AS OF CHANGE**: 20250825

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Private Shares Fund
- **CENTRAL INDEX KEY:** 0001557265

**ORGANIZATION NAME:**
- **EIN:** 460883651
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22759
- **FILM NUMBER:** 251250612

**BUSINESS ADDRESS:**
- **STREET 1:** 88 PINE STREET
- **STREET 2:** 31ST FLOOR, SUITE 3101
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10005
- **BUSINESS PHONE:** 800-279-7754

**MAIL ADDRESS:**
- **STREET 1:** 88 PINE STREET
- **STREET 2:** 31ST FLOOR, SUITE 3101
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10005

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SharesPost 100 Fund
- **DATE OF NAME CHANGE:** 20130403

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SharesPost 100 Fund LLC
- **DATE OF NAME CHANGE:** 20120830

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** The Private Shares Fund

- **b. Investment Company Act file number:** 811-22759

- **c. CIK number of Registrant:** 0001557265

- **d. LEI of Registrant:** 549300J800LUHSXGST12

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 88 PINE STREET

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10005

  - **Telephone number:** 8008348707

**Item A.2. Information about the Series.**

- **a. Name of Series:** The Private Shares Fund

- **c. LEI of Series:** 549300J800LUHSXGST12

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $995825868.99

**Total Liabilities:** $890192.04

**Net Assets:** $994935676.95

**Cash Not Reported:** $597500.17

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -3.13%               | 1.24%                | 4.86%                |
| Class ID N/A | -3.09%               | 1.24%                | 4.89%                |
| Class ID N/A | -3.14%               | 1.22%                | 4.83%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-284015.24              | $-28474611.19                              |
| Month 2  | $0.00                    | $13604092.51                               |
| Month 3  | $0.00                    | $49484477.73                               |

### Schedule of Portfolio Investments

| Name                                                                      | Title                                                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CONTENT SQUARE SAS COMMON SHARES   /                                      | CONTENT SQUARE SAS COMMON SHARES   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | FR        |    544905 | NS      | $6375388.50   | 0.64%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CONTENT SQUARE SAS SERIES F WARRANTS   /                                  | CONTENT SQUARE SAS SERIES F WARRANTS   /                                     | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DE               | CORP              | FR        |     14553 | NC      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CONTENT SQUARE SAS SERIES F PREFERRED   /                                 | CONTENT SQUARE SAS SERIES F PREFERRED   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | FR        |    160410 | NS      | $2441440.20   | 0.25%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CARBON, INC. COMMON SHARES   /                                            | CARBON, INC. COMMON SHARES   /                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    158853 | NS      | $1172335.14   | 0.12%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Circle Internet Group Inc                                                 | Circle Internet Group, Inc.                                                  | CUSIP: 172573107<br>LEI: 254900HFVVR6NPMQVN93 | Long             | EC               | CORP              | US        |    290200 | NS      | $52610358.00  | 5.29%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CROSSOVER HEALTH MANAGEMENT SERVICES, INC. PREFERRED CLASS D   /          | CROSSOVER HEALTH MANAGEMENT SERVICES, INC. PREFERRED CLASS D   /             | CUSIP: 22789Z194<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    303329 | NS      | $16589063.01  | 1.67%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CONTRAST SECURITY COMMON SHARES   /                                       | CONTRAST SECURITY COMMON SHARES   /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31250 | NS      | $288125.00    | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CONTRAST SECURITY PREFERRED SERIES A   /                                  | CONTRAST SECURITY PREFERRED SERIES A   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    828514 | NS      | $7638899.08   | 0.77%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CONTRAST SECURITY PREFERRED SERIES C   /                                  | CONTRAST SECURITY PREFERRED SERIES C   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1164596 | NS      | $10737575.12  | 1.08%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CUBEFABS, INC. SIMPLE AGREEMENT FOR   /                                   | CUBEFABS, INC. SIMPLE AGREEMENT FOR   /                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | CORP              | US        |    250000 | NS      | $250000.00    | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CYBEREASON COMMON SHARES   /                                              | CYBEREASON COMMON SHARES   /                                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2115128 | NS      | $1336337.87   | 0.13%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CYBEREASON PREFERRED SERIES H   /                                         | CYBEREASON PREFERRED SERIES H   /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    175604 | NS      | $110946.61    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DATABRICKS, INC. SERES G   /                                              | DATABRICKS, INC. SERES G   /                                                 | CUSIP: 123DTB199<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    182664 | NS      | $16896420.00  | 1.70%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DISCORD INC. COMMON SHARES   /                                            | DISCORD INC. COMMON SHARES   /                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45694 | NS      | $17668955.92  | 1.78%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DOCKER COMMON COMMON SHARES   /                                           | DOCKER COMMON COMMON SHARES   /                                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2500 | NS      | $24750.00     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DOMINO DATA LAB, INC. COMMON SHARES   /                                   | DOMINO DATA LAB, INC. COMMON SHARES   /                                      | CUSIP: 25756Z196<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    330000 | NS      | $5412000.00   | 0.54%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DREMIO CORPORATION COMMON SHARES   /                                      | DREMIO CORPORATION COMMON SHARES   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    166664 | NS      | $931651.76    | 0.09%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DREMIO CORPORATION PREFERRED SERIES E   /                                 | DREMIO CORPORATION PREFERRED SERIES E   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    469594 | NS      | $3338813.34   | 0.34%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DATAMINR COMMON SHARES   /                                                | DATAMINR COMMON SHARES   /                                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    567043 | NS      | $16756120.65  | 1.68%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DEVOTED HEALTH PREFERRED E SHARES   /                                     | DEVOTED HEALTH PREFERRED E SHARES   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      8888 | NS      | $552744.72    | 0.06%             |  |  |  | Yes           |                  3 | On Loan: No      |
| EPIC GAMES COMMON SHARES   /                                              | EPIC GAMES COMMON SHARES   /                                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17168 | NS      | $11375001.76  | 1.14%             |  |  |  | Yes           |                  3 | On Loan: No      |
| EQUIPMENTSHARE.COM INC. COMMON SHARES   /                                 | EQUIPMENTSHARE.COM INC. COMMON SHARES   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    694800 | NS      | $20976012.00  | 2.11%             |  |  |  | Yes           |                  3 | On Loan: No      |
| EQUIPMENTSHARE.COM INC. PREFERRED SERIES E   /                            | EQUIPMENTSHARE.COM INC. PREFERRED SERIES E   /                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    323064 | NS      | $9753302.16   | 0.98%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ERUDITUS LEARNING SOLUTIONS PTE. LTD. COMMON SHARES   /                   | ERUDITUS LEARNING SOLUTIONS PTE. LTD. COMMON SHARES   /                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |     36264 | NS      | $4010435.76   | 0.40%             |  |  |  | Yes           |                  3 | On Loan: No      |
| EXCALIBUR AGGREGATOR L.P. COMMON SHARES   /                               | EXCALIBUR AGGREGATOR L.P. COMMON SHARES   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | CORP              | US        |     47858 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| EXCALIBUR AGGREGATOR L.P. SERIES A   /                                    | EXCALIBUR AGGREGATOR L.P. SERIES A   /                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | CORP              | US        |     80000 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| IMPOSSIBLE FOODS INC. SERIES H2 PREFERRED   /                             | IMPOSSIBLE FOODS INC. SERIES H2 PREFERRED   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     53389 | NS      | $985560.94    | 0.10%             |  |  |  | Yes           |                  3 | On Loan: No      |
| INRIX, Inc.. CLASS C    /                                                 | INRIX, Inc.. CLASS C    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    133238 | NS      | $6045008.06   | 0.61%             |  |  |  | Yes           |                  3 | On Loan: No      |
| INVAIO SCIENCES SPV PREF C SHARES   /                                     | INVAIO SCIENCES SPV PREF C SHARES   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1061390 | NS      | $5222038.80   | 0.52%             |  |  |  | Yes           |                  3 | On Loan: No      |
| MOTIVE TECHNOLOGIES, INC. (F.K.A. KEEP TRUCKIN, INC.)   /                 | MOTIVE TECHNOLOGIES, INC. (F.K.A. KEEP TRUCKIN, INC.) COMMON SHARES   /      | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    788562 | NS      | $8871322.50   | 0.89%             |  |  |  | Yes           |                  3 | On Loan: No      |
| PROSPER MARKETPLACE, INC. PROSPER MARKETPLACE   /                         | PROSPER MARKETPLACE, INC. PROSPER MARKETPLACE   /                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    244130 | NS      | $97652.00     | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| PROSPER MKT PREF A PROSPER MKT PREF A   /                                 | PROSPER MKT PREF A PROSPER MKT PREF A   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     55395 | NS      | $28805.40     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| PROSPER MKT PREF A 1 PROSPER MKT PREF A 1   /                             | PROSPER MKT PREF A 1 PROSPER MKT PREF A 1   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     58165 | NS      | $23266.00     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| RADIAN AEROSPACE INC. SERIES SEED 2   /                                   | RADIAN AEROSPACE INC. SERIES SEED 2   /                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    607336 | NS      | $2332170.24   | 0.23%             |  |  |  | Yes           |                  3 | On Loan: No      |
| RIPPLE LABS INC. PREFERRED SHARES A   /                                   | RIPPLE LABS INC. PREFERRED SHARES A   /                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     40697 | NS      | $10174250.00  | 1.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| RELATIVITY SPACE, INC. COMMON SHARES   /                                  | RELATIVITY SPACE, INC. COMMON SHARES   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12165 | NS      | $51882.51     | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| RELATIVITY SPACE, INC. PREFERRED SHARES 1A /                              | RELATIVITY SPACE, INC. PREFERRED SHARES 1A /                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1172360 | NS      | $4999998.16   | 0.50%             |  |  |  | Yes           |                  3 | On Loan: No      |
| RELATIVITY SPACE, INC. PREFERRED SHARES Z   /                             | RELATIVITY SPACE, INC. PREFERRED SHARES Z   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      9999 | NS      | $9999000.00   | 1.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ROOFSTOCK, INC. COMMON SHARES   /                                         | ROOFSTOCK, INC. COMMON SHARES   /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    127231 | NS      | $1080191.19   | 0.11%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ROOFSTOCK, INC. SERIES E PREFERRED SHARES   /                             | ROOFSTOCK, INC. SERIES E PREFERRED SHARES   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    339154 | NS      | $6688116.88   | 0.67%             |  |  |  | Yes           |                  3 | On Loan: No      |
| UMB MONEY MARKET II SPECIAL   /                                           | UMB MONEY MARKET II SPECIAL   /                                              | CUSIP: SF8888628<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  44708872 | PA      | $44708871.96  | 4.49%             |  |  |  | No            |                  1 | On Loan: No      |
| SNYK LTD. COMMON SHARES   /                                               | SNYK LTD. COMMON SHARES   /                                                  | CUSIP: 37512Z196<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |    392707 | NS      | $4543619.99   | 0.46%             |  |  |  | Yes           |                  3 | On Loan: No      |
| 1661, INC. (D.B.A. GOAT) PREFERRED SERIES A-1   /                         | 1661, INC. (D.B.A. GOAT) PREFERRED SERIES A-1   /                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    112563 | NS      | $312925.14    | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| 1661, INC. (D.B.A. GOAT) PREFERRED SERIES A-5   /                         | 1661, INC. (D.B.A. GOAT) PREFERRED SERIES A-5   /                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      2394 | NS      | $6655.32      | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| 1661, INC. (D.B.A. GOAT) PREFERRED SERIES A-7   /                         | 1661, INC. (D.B.A. GOAT) PREFERRED SERIES A-7   /                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    146495 | NS      | $407256.10    | 0.04%             |  |  |  | Yes           |                  3 | On Loan: No      |
| 1661, INC. (D.B.A. GOAT) PREFERRED SERIES B   /                           | 1661, INC. (D.B.A. GOAT) PREFERRED SERIES B   /                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    231687 | NS      | $644089.86    | 0.06%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SPACE EXPLORATION TECHNOLOGIES CORP. COMMON SHARES   /                    | SPACE EXPLORATION TECHNOLOGIES CORP. COMMON SHARES   /                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    360330 | NS      | $66661050.00  | 6.70%             |  |  |  | Yes           |                  3 | On Loan: No      |
| TEALIUM INC. COMMON SHARES   /                                            | TEALIUM INC. COMMON SHARES   /                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    200000 | NS      | $2990000.00   | 0.30%             |  |  |  | Yes           |                  3 | On Loan: No      |
| THOUGHTSPOT COMMON COMMON SHARES   /                                      | THOUGHTSPOT COMMON COMMON SHARES   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    162087 | NS      | $3984098.46   | 0.40%             |  |  |  | Yes           |                  3 | On Loan: No      |
| TMGCORE, Inc. 4% 8/11/2026   /                                            | TMGCORE, Inc. 4% 8/11/2026   /                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10476362 | PA      | $10494731.36  | 1.05%             | 2028-08-30      | Fixed         | 4.00%                 | Yes           |                  3 | On Loan: No      |
| TANIUM INC. COMMON SHARES   /                                             | TANIUM INC. COMMON SHARES   /                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    640000 | NS      | $5203200.00   | 0.52%             |  |  |  | Yes           |                  3 | On Loan: No      |
| EXCALIBUR COMBINEDCO L.P. CLASS A   /                                     | EXCALIBUR COMBINEDCO L.P. CLASS A   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | CORP              | US        |       194 | NS      | $193857.00    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| FARMERS BUSINESS NETWORK, INC. COMMON   /                                 | FARMERS BUSINESS NETWORK, INC. COMMON   /                                    | CUSIP: 30960Z198<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    119676 | NS      | $935866.32    | 0.09%             |  |  |  | Yes           |                  3 | On Loan: No      |
| FARMERS BUSINESS 15% 9/28/25   /                                          | FARMERS BUSINESS 15% 9/28/25   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $350000.00    | 0.04%             | 2025-09-28      | Fixed         | 15.00%                | Yes           |                  3 | On Loan: No      |
| FARMERS BUSINESS NETWORK, INC. PREFERRED   /                              | FARMERS BUSINESS NETWORK, INC. PREFERRED   /                                 | CUSIP: 30247Z193<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    128704 | NS      | $4570279.04   | 0.46%             |  |  |  | Yes           |                  3 | On Loan: No      |
| FLEXPORT, Inc. COMMON SHARES   /                                          | FLEXPORT, Inc. COMMON SHARES   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    538387 | NS      | $2858834.97   | 0.29%             |  |  |  | Yes           |                  3 | On Loan: No      |
| FLEXPORT, Inc. SERIES A   /                                               | FLEXPORT, Inc. SERIES A   /                                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    580165 | NS      | $3080676.15   | 0.31%             |  |  |  | Yes           |                  3 | On Loan: No      |
| FLEXPORT, Inc. SERIES B-1   /                                             | FLEXPORT, Inc. SERIES B-1   /                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     69790 | NS      | $370584.90    | 0.04%             |  |  |  | Yes           |                  3 | On Loan: No      |
| FLEXPORT, Inc. SERIES D-3   /                                             | FLEXPORT, Inc. SERIES D-3   /                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     82613 | NS      | $474198.62    | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| FUNDBOX LTD. SHARES   /                                                   | FUNDBOX LTD. SHARES   /                                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | IL        |    439552 | NS      | $5551541.76   | 0.56%             |  |  |  | Yes           |                  3 | On Loan: No      |
| FUNDBOX LTD. PREFERRED   /                                                | FUNDBOX LTD. PREFERRED   /                                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | IL        |    531914 | NS      | $7127647.60   | 0.72%             |  |  |  | Yes           |                  3 | On Loan: No      |
| 1661, INC. (D.B.A. GOAT) COMMON SHARES   /                                | 1661, INC. (D.B.A. GOAT) COMMON SHARES   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    128148 | NS      | $356251.44    | 0.04%             |  |  |  | Yes           |                  3 | On Loan: No      |
| 1661, INC. (D.B.A. GOAT) PREFERRED SERIES C   /                           | 1661, INC. (D.B.A. GOAT) PREFERRED SERIES C   /                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    237913 | NS      | $661398.14    | 0.07%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Omada Health Inc                                                          | Omada Health, Inc.                                                           | CUSIP: 68170A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    444800 | NS      | $8139840.00   | 0.82%             |  |  |  | Yes           |                  2 | On Loan: No      |
| OPENX SOFTWARE LTD. COMMON   /                                            | OPENX SOFTWARE LTD. COMMON   /                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |   2899297 | NS      | $2609367.30   | 0.26%             |  |  |  | Yes           |                  3 | On Loan: No      |
| TEBRA TECHNOLOGIES, INC. (F.K.A. KAREO, INC.) COMMON SHARES   /           | TEBRA TECHNOLOGIES, INC. (F.K.A. KAREO, INC.) COMMON SHARES   /              | CUSIP: 70292Z912<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    190007 | NS      | $1417452.22   | 0.14%             |  |  |  | Yes           |                  3 | On Loan: No      |
| TEBRA TECHNOLOGIES, INC. (F.K.A. KAREO, INC.) SERIES SEED 2   /           | TEBRA TECHNOLOGIES, INC. (F.K.A. KAREO, INC.) SERIES SEED 2   /              | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    123819 | NS      | $923689.74    | 0.09%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CLEARMOTION PREFERRED A-4   /                                             | CLEARMOTION PREFERRED A-4   /                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |  12954589 | NS      | $3217919.91   | 0.32%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CLEARMOTION PREFERRED B   /                                               | CLEARMOTION PREFERRED B   /                                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   2484760 | NS      | $617214.38    | 0.06%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Trax Ltd. COMMON SHARES   /                                               | Trax Ltd. COMMON SHARES   /                                                  | CUSIP: 87262Z912<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    149970 | NS      | $2080083.90   | 0.21%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Trax Ltd. PRE IPO SHARES   /                                              | Trax Ltd. PRE IPO SHARES   /                                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | KY        |     76722 | NS      | $2700614.40   | 0.27%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ZOCDOC COMMON    /                                                        | ZOCDOC COMMON    /                                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     61016 | NS      | $466772.40    | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ZOCDOC PREFERRED A    /                                                   | ZOCDOC PREFERRED A    /                                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     35000 | NS      | $267750.00    | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| GRUBMARKET, INC.    /                                                     | GRUBMARKET, INC.    /                                                        | CUSIP: 40013Z913<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    440742 | NS      | $11865590.01  | 1.19%             |  |  |  | Yes           |                  3 | On Loan: No      |
| GRUBMARKET, INC. PREFERRED E SHARES   /                                   | GRUBMARKET, INC. PREFERRED E SHARES   /                                      | CUSIP: GRUB1Z199<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1520838 | NS      | $40943772.51  | 4.12%             |  |  |  | Yes           |                  3 | On Loan: No      |
| GRUBMARKET, INC. PREFERRED F SHARES   /                                   | GRUBMARKET, INC. PREFERRED F SHARES   /                                      | CUSIP: GRUB2Z198<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    697526 | NS      | $18778690.34  | 1.89%             |  |  |  | Yes           |                  3 | On Loan: No      |
| HYDROW, INC. COMMON SHARES   /                                            | HYDROW, INC. COMMON SHARES   /                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |  14172560 | NS      | $473363.50    | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| IMPOSSIBLE FOODS COMMON SHARES   /                                        | IMPOSSIBLE FOODS COMMON SHARES   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    373248 | NS      | $4452848.64   | 0.45%             |  |  |  | Yes           |                  3 | On Loan: No      |
| IMPOSSIBLE FOODS SERIES E-1 PREFERRED   /                                 | IMPOSSIBLE FOODS SERIES E-1 PREFERRED   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    400000 | NS      | $4772000.00   | 0.48%             |  |  |  | Yes           |                  3 | On Loan: No      |
| IMPOSSIBLE FOODS INC. SERIES H1 PREFERRED   /                             | IMPOSSIBLE FOODS INC. SERIES H1 PREFERRED   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    153494 | NS      | $2833499.24   | 0.28%             |  |  |  | Yes           |                  3 | On Loan: No      |
| MOTIVE TECHNOLOGIES, INC. (F.K.A. KEEP TRUCKIN, INC.)   /                 | MOTIVE TECHNOLOGIES, INC. (F.K.A. KEEP TRUCKIN, INC.) SERIES E PREFERRED   / | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    638843 | NS      | $7186983.75   | 0.72%             |  |  |  | Yes           |                  3 | On Loan: No      |
| MOTIVE TECHNOLOGIES, INC. (F.K.A. KEEP TRUCKIN, INC.)   /                 | MOTIVE TECHNOLOGIES, INC. (F.K.A. KEEP TRUCKIN, INC.) SERIES F PREFERRED   / | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1923076 | NS      | $21634605.00  | 2.17%             |  |  |  | Yes           |                  3 | On Loan: No      |
| PAYWARD, INC. (D.B.A. KRAKEN) COMMON SHARES   /                           | PAYWARD, INC. (D.B.A. KRAKEN) COMMON SHARES   /                              | CUSIP: 50077Z196<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    105218 | NS      | $5273526.16   | 0.53%             |  |  |  | Yes           |                  3 | On Loan: No      |
| PAYWARD, INC. (D.B.A. KRAKEN) PREFERRED A SHARES   /                      | PAYWARD, INC. (D.B.A. KRAKEN) PREFERRED A SHARES   /                         | CUSIP: 50075Z198<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    262210 | NS      | $13141965.20  | 1.32%             |  |  |  | Yes           |                  3 | On Loan: No      |
| PAYWARD, INC. (D.B.A. KRAKEN) SERIES SEED   /                             | PAYWARD, INC. (D.B.A. KRAKEN) SERIES SEED   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     67000 | NS      | $3358040.00   | 0.34%             |  |  |  | Yes           |                  3 | On Loan: No      |
| LOADSMART, INC. SERIES D PREFERRED   /                                    | LOADSMART, INC. SERIES D PREFERRED   /                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    500000 | NS      | $8280000.00   | 0.83%             |  |  |  | Yes           |                  3 | On Loan: No      |
| NEUTRON HOLDINGS, INC. (D.B.A. LIME) 4% 5/27/2027 CONV   /                | NEUTRON HOLDINGS, INC. (D.B.A. LIME) 4% 5/27/2027 CONV   /                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10418495 | PA      | $1092338.43   | 0.11%             | 2027-05-07      | Fixed         | 4.00%                 | Yes           |                  3 | On Loan: No      |
| NEUTRON HOLDINGS, INC. (D.B.A. LIME) 4% 10/29/2025 CONV   /               | NEUTRON HOLDINGS, INC. (D.B.A. LIME) 4% 10/29/2025 CONV   /                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  15000000 | PA      | $19472213.70  | 1.96%             | 2026-10-29      | Variable      | 8.00%                 | Yes           |                  3 | On Loan: No      |
| NEUTRON HOLDINGS, INC. (D.B.A. LIME) WARRANTS   /                         | NEUTRON HOLDINGS, INC. (D.B.A. LIME) WARRANTS   /                            | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |   1016483 | NC      | $82741.72     | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| NEUTRON HOLDINGS, INC. (D.B.A. LIME) PREFERRED D SHARES   /               | NEUTRON HOLDINGS, INC. (D.B.A. LIME) PREFERRED D SHARES   /                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |  20618556 | NS      | $1870103.03   | 0.19%             |  |  |  | Yes           |                  3 | On Loan: No      |
| LOOKOUT,, Inc. COMMON SHARES   /                                          | LOOKOUT,, Inc. COMMON SHARES   /                                             | CUSIP: 123LLL197<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1869160 | NS      | $12766362.80  | 1.28%             |  |  |  | Yes           |                  3 | On Loan: No      |
| LOOKOUT, Inc.    /                                                        | LOOKOUT, Inc.    /                                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    204000 | NS      | $1393320.00   | 0.14%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SINGLESTORE, INC. COMMON SHARES   /                                       | SINGLESTORE, INC. COMMON SHARES   /                                          | CUSIP: 58606Z918<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2148366 | NS      | $14866692.72  | 1.49%             |  |  |  | Yes           |                  3 | On Loan: No      |
| YANKA INDUSTRIES, INC. (D.B.A. MASTERCLASS) SERIES 1 PREFERRED SHARES   / | YANKA INDUSTRIES, INC. (D.B.A. MASTERCLASS) SERIES 1 PREFERRED SHARES   /    | CUSIP: 57633Z198<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    193100 | NS      | $1204944.00   | 0.12%             |  |  |  | Yes           |                  3 | On Loan: No      |
| NANOTRONICS IMAGING COMMON SHARES   /                                     | NANOTRONICS IMAGING COMMON SHARES   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     76504 | NS      | $16138518.80  | 1.62%             |  |  |  | Yes           |                  3 | On Loan: No      |
| NANOTRONICS IMAGING 5% 4/25/2025   /                                      | NANOTRONICS IMAGING 5% 4/25/2025   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3418031.04   | 0.34%             | 2026-04-25      | None          | 5.00%                 | Yes           |                  3 | On Loan: No      |
| NANOTRONICS IMAGING, INC. PREFERRED SERIES F-2   /                        | NANOTRONICS IMAGING, INC. PREFERRED SERIES F-2   /                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     90888 | NS      | $19172823.60  | 1.93%             |  |  |  | Yes           |                  3 | On Loan: No      |
| NORTHGATE GROWTH FUND III   /                                             | NORTHGATE GROWTH FUND III   /                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | CORP              | US        |   4450000 | NS      | $4478179.00   | 0.45%             |  |  |  | Yes           |                  3 | On Loan: No      |
| OCROLUS INC. SERIES C PREFERRED SHARES   /                                | OCROLUS INC. SERIES C PREFERRED SHARES   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    438327 | NS      | $2770226.64   | 0.28%             |  |  |  | Yes           |                  3 | On Loan: No      |
| NEXTROLL, INC. COMMON SHARES   /                                          | NEXTROLL, INC. COMMON SHARES   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2367054 | NS      | $16072296.66  | 1.62%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ARCTIC WOLF NETWORKS, INC. COMMON SHARES   /                              | ARCTIC WOLF NETWORKS, INC. COMMON SHARES   /                                 | CUSIP: 48135Z190<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2072651 | NS      | $24996171.06  | 2.51%             |  |  |  | Yes           |                  3 | On Loan: No      |
| AUTOMATION ANYWHERE, INC. COMMON SHARES   /                               | AUTOMATION ANYWHERE, INC. COMMON SHARES   /                                  | CUSIP: 05329Z196<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    189449 | NS      | $2144562.68   | 0.22%             |  |  |  | Yes           |                  3 | On Loan: No      |
| AXIOM SPACE COMMON SHARES   /                                             | AXIOM SPACE COMMON SHARES   /                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29543 | NS      | $3666286.60   | 0.37%             |  |  |  | Yes           |                  3 | On Loan: No      |
| AXIOM SPACE PREFERRED B   /                                               | AXIOM SPACE PREFERRED B   /                                                  | CUSIP: 05462Z912<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     32221 | NS      | $3998626.42   | 0.40%             |  |  |  | Yes           |                  3 | On Loan: No      |
| AXIOM SPACE PREFERRED C1   /                                              | AXIOM SPACE PREFERRED C1   /                                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    108731 | NS      | $13493518.19  | 1.36%             |  |  |  | Yes           |                  3 | On Loan: No      |
| BRAIN CORPORATION COMMON SHARES   /                                       | BRAIN CORPORATION COMMON SHARES   /                                          | CUSIP: 10502Z195<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2375000 | NS      | $12848750.00  | 1.29%             |  |  |  | Yes           |                  3 | On Loan: No      |
| BETA TECHNOLOGIES, INC. SERIES A   /                                      | BETA TECHNOLOGIES, INC. SERIES A   /                                         | CUSIP: 08659Z109<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     40944 | NS      | $4686859.68   | 0.47%             |  |  |  | Yes           |                  3 | On Loan: No      |
| BETA TECHNOLOGIES, INC. PREFERRED SERIES B   /                            | BETA TECHNOLOGIES, INC. PREFERRED SERIES B   /                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     58156 | NS      | $6657117.32   | 0.67%             |  |  |  | Yes           |                  3 | On Loan: No      |
| BETTERMENT HOLDINGS, INC. COMMON SHARES   /                               | BETTERMENT HOLDINGS, INC. COMMON SHARES   /                                  | CUSIP: 08809Z199<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1457800 | NS      | $24388994.00  | 2.45%             |  |  |  | Yes           |                  3 | On Loan: No      |
| BETTERMENT HOLDINGS, INC. PERFERRED SERIES F   /                          | BETTERMENT HOLDINGS, INC. PERFERRED SERIES F   /                             | CUSIP: 08807Z191<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    318380 | NS      | $5326497.40   | 0.54%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CAASTLE INC. COMMON SHARES   /                                            | CAASTLE INC. COMMON SHARES   /                                               | CUSIP: 456CAS126<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1174400 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CAASTLE INC. PREFERRED A-12   /                                           | CAASTLE INC. PREFERRED A-12   /                                              | CUSIP: 12674Z193<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1801270 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CEREBRAS SYSTEMS INC. COMMON SHARES   /                                   | CEREBRAS SYSTEMS INC. COMMON SHARES   /                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    309813 | NS      | $11351548.32  | 1.14%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CHECKR, INC. PREFERRED A-1   /                                            | CHECKR, INC. PREFERRED A-1   /                                               | CUSIP: 16289Z910<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    150000 | NS      | $2565000.00   | 0.26%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CIBO TECHNOLOGIES, INC. PREFERRED SERIES C1 /                             | CIBO TECHNOLOGIES, INC. PREFERRED SERIES C1 /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1298566 | NS      | $3116558.40   | 0.31%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CLICK THERAPEUTICS C COMMON SHARES   /                                    | CLICK THERAPEUTICS C COMMON SHARES   /                                       | CUSIP: 18681Z910<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1000000 | NS      | $4967100.00   | 0.50%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CLICK THERAPEUTICS PREFERRED A   /                                        | CLICK THERAPEUTICS PREFERRED A   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     60087 | NS      | $298458.14    | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CLEARMOTION PREFERRED A-3   /                                             | CLEARMOTION PREFERRED A-3   /                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   2075885 | NS      | $515649.83    | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| COLOR HEALTH COMMON SHARES   /                                            | COLOR HEALTH COMMON SHARES   /                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    139486 | NS      | $1687780.60   | 0.17%             |  |  |  | Yes           |                  3 | On Loan: No      |
| COHERE TECHNOLOGIES, INC. PREFERRED SERIES D-1   /                        | COHERE TECHNOLOGIES, INC. PREFERRED SERIES D-1   /                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    279571 | NS      | $1973771.26   | 0.20%             |  |  |  | Yes           |                  3 | On Loan: No      |
| COHERE TECHNOLOGIES, INC. PREFERRED SERIES D-2   /                        | COHERE TECHNOLOGIES, INC. PREFERRED SERIES D-2   /                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    386038 | NS      | $2682964.10   | 0.27%             |  |  |  | Yes           |                  3 | On Loan: No      |
| LEARNEO, INC. (F.K.A. COURSE HERO, INC.) COMMON SHARES   /                | LEARNEO, INC. (F.K.A. COURSE HERO, INC.) COMMON SHARES   /                   | CUSIP: 22279Z910<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    270000 | NS      | $6501600.00   | 0.65%             |  |  |  | Yes           |                  3 | On Loan: No      |
| COLLECTIVE HEALTH PREFERRED SERIES F   /                                  | COLLECTIVE HEALTH PREFERRED SERIES F   /                                     | CUSIP: 19421Z913<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   3989361 | NS      | $2273935.77   | 0.23%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CONSENSYS SOFTWARE INC. COMMON SHARES   /                                 | CONSENSYS SOFTWARE INC. COMMON SHARES   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31010 | NS      | $3968659.80   | 0.40%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CONSENSYS SOFTWARE INC. PREFERRED SERIES D   /                            | CONSENSYS SOFTWARE INC. PREFERRED SERIES D   /                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     35699 | NS      | $4791519.78   | 0.48%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Dataminr 10% 02/28/2030   /                                               | Dataminr 10% 02/28/2030   /                                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000000.00   | 0.10%             | 2030-02-28      | Variable      | 10.00%                | Yes           |                  3 | On Loan: No      |
| DATAMINR SERIES A   /                                                     | DATAMINR SERIES A   /                                                        | CUSIP: 23792Z924<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     20000 | NS      | $591000.00    | 0.06%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DATAMINR SERIES B   /                                                     | DATAMINR SERIES B   /                                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     87496 | NS      | $2585506.80   | 0.26%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DEVOTED HEALTH COMMON SHARES   /                                          | DEVOTED HEALTH COMMON SHARES   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    177776 | NS      | $11055889.44  | 1.11%             |  |  |  | Yes           |                  3 | On Loan: No      |
| TRUSPER INC. (D.B.A. MUSELY)    /                                         | TRUSPER INC. (D.B.A. MUSELY)    /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      7961 | NS      | $118380.07    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| TRADESHIFT HOLDINGS INC. 12% 4/3/2025   /                                 | TRADESHIFT HOLDINGS INC. 12% 4/3/2025   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2227053 | PA      | $2227052.70   | 0.22%             | 2026-07-31      | None          | 0.00%                 | Yes           |                  3 | On Loan: No      |
| TRADESHIFT HOLDINGS INC. 0% 9/5/2026   /                                  | TRADESHIFT HOLDINGS INC. 0% 9/5/2026   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $500000.00    | 0.05%             | 2027-09-13      | None          | 0.00%                 | Yes           |                  3 | On Loan: No      |
| TRADESHIFT HOLDINGS INC.  WARRANTS   /                                    | TRADESHIFT HOLDINGS INC.  WARRANTS   /                                       | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |    213797 | NC      | $136958.36    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| TRADESHIFT HOLDINGS INC. WARRANTS   /                                     | TRADESHIFT HOLDINGS INC. WARRANTS   /                                        | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |    427594 | NC      | $273916.72    | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| TRADESHIFT HOLDINGS INC. WARRANTS   /                                     | TRADESHIFT HOLDINGS INC. WARRANTS   /                                        | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |    213797 | NC      | $136958.36    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| TRADESHIFT HOLDINGS INC. PREFERRED SERIES 3   /                           | TRADESHIFT HOLDINGS INC. PREFERRED SERIES 3   /                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |  28797969 | NS      | $41469075.36  | 4.17%             |  |  |  | Yes           |                  3 | On Loan: No      |
| TURO INC. PREF D1 TURO PREF D1   /                                        | TURO INC. PREF D1 TURO PREF D1   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    314017 | NS      | $5988304.19   | 0.60%             |  |  |  | Yes           |                  3 | On Loan: No      |
| UPGRADE, Inc. COMMON SHARES   /                                           | UPGRADE, Inc. COMMON SHARES   /                                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    661053 | NS      | $3087117.51   | 0.31%             |  |  |  | Yes           |                  3 | On Loan: No      |
| UPGRADE, Inc. PREFERRED SERIES C-1   /                                    | UPGRADE, Inc. PREFERRED SERIES C-1   /                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   3290000 | NS      | $15364300.00  | 1.54%             |  |  |  | Yes           |                  3 | On Loan: No      |
| VERBIT, INC. PREFERRED SERIES A   /                                       | VERBIT, INC. PREFERRED SERIES A   /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     47640 | NS      | $151495.20    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| VERBIT, INC. PREFERRED SERIES B   /                                       | VERBIT, INC. PREFERRED SERIES B   /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    288180 | NS      | $916412.40    | 0.09%             |  |  |  | Yes           |                  3 | On Loan: No      |
| VERBIT, INC. PREFERRED SERIES E-1   /                                     | VERBIT, INC. PREFERRED SERIES E-1   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    423720 | NS      | $3915172.80   | 0.39%             |  |  |  | Yes           |                  3 | On Loan: No      |
| VERBIT, INC.  PREFERRED SERIES SEED 2   /                                 | VERBIT, INC.  PREFERRED SERIES SEED 2   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     65000 | NS      | $206700.00    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Voyager Technologies Inc                                                  | Voyager Technologies, Inc., Class A                                          | CUSIP: 92892B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    544823 | NS      | $21384302.75  | 2.15%             |  |  |  | Yes           |                  2 | On Loan: No      |
| WITRICITY HOLDINGS, INC. COMMON SHARES   /                                | WITRICITY HOLDINGS, INC. COMMON SHARES   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    166667 | NS      | $65000.13     | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| WITRICITY HOLDINGS, INC. PREFERRED SERIES A   /                           | WITRICITY HOLDINGS, INC. PREFERRED SERIES A   /                              | CUSIP: 97746Z198<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1000000 | NS      | $820000.00    | 0.08%             |  |  |  | Yes           |                  3 | On Loan: No      |
| WITRICITY HOLDINGS, INC. PREFERRED SERIES B   /                           | WITRICITY HOLDINGS, INC. PREFERRED SERIES B   /                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    333253 | NS      | $559865.04    | 0.06%             |  |  |  | Yes           |                  3 | On Loan: No      |
| GROUNDTRUTH, INC. COMMON SHARES                                           | GROUNDTRUTH, INC. COMMON SHARES                                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1659427 | NS      | $481233.83    | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| GROUNDTRUTH, INC. PREFERRED B1 PREFERRED B-1 SHARES   /                   | GROUNDTRUTH, INC. PREFERRED B1 PREFERRED B-1 SHARES   /                      | CUSIP: 70590Z929<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    600000 | NS      | $174000.00    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| X.AI, CORP. PREFERRED SERIES B   /                                        | X.AI, CORP. PREFERRED SERIES B   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    417710 | NS      | $15271477.60  | 1.53%             |  |  |  | Yes           |                  3 | On Loan: No      |
| X.AI, CORP. PERFERRED SERIES C   /                                        | X.AI, CORP. PERFERRED SERIES C   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     42794 | NS      | $1564548.64   | 0.16%             |  |  |  | Yes           |                  3 | On Loan: No      |
| XPLORE, INC. Series A1 Preferred   /                                      | XPLORE, INC. Series A1 Preferred   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    237524 | NS      | $1250000.93   | 0.13%             |  |  |  | Yes           |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-01

**Name of Applicant:** The Private Shares Fund

**Signature:** /s/ Kevin Moss

**Name of Signer:** Kevin Moss

**Title:** President