# EDGAR Filing Document

**Accession Number:** 0001444822
**File Stem:** 0001752724-25-195304
**Filing Date:** 2025-8
**Character Count:** 143300
**Document Hash:** ff5a14c217feedff464dd1a6aec20727
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-195304.hdr.sgml**: 20250820

**ACCESSION NUMBER**: 0001752724-25-195304

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250820

**DATE AS OF CHANGE**: 20250820

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AQR Funds
- **CENTRAL INDEX KEY:** 0001444822

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22235
- **FILM NUMBER:** 251236666

**BUSINESS ADDRESS:**
- **STREET 1:** ONE GREENWICH PLAZA
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06830
- **BUSINESS PHONE:** 203-742-3600

**MAIL ADDRESS:**
- **STREET 1:** ONE GREENWICH PLAZA
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06830

## Series and Classes Contracts Data

### AQR Risk-Balanced Commodities Strategy Fund (Series ID: S000037432)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000115559 | Class N      | ARCNX           |
| C000115560 | Class I      | ARCIX           |
| C000145941 | Class R6     | QRCRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AQR Funds

- **b. Investment Company Act file number:** 811-22235

- **c. CIK number of Registrant:** 0001444822

- **d. LEI of Registrant:** 549300V0TAB4ICSX2404

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

  - **Street Address 1:** One Greenwich Plaza

  - **City:** Greenwich

  - **State:** CT

  - **Foreign country:** US

  - **Zip / Postal Code:** 06830

  - **Telephone number:** 203-742-3600

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

- **a. Name of Series:** AQR Risk-Balanced Commodities Strategy Fund

- **b. EDGAR series identifier (if any):** S000037432

- **c. LEI of Series:** 549300CB2F28N2YCWV77

**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:** $796533500.59

**Total Liabilities:** $665624.25

**Net Assets:** $795867876.34

**Amount of Assets Invested in Other Investment Companies:** $177473966.43

**Cash Not Reported:** $8372241.25

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000145941 | -5.68%               | 0.45%                | 2.33%                |
| Class ID C000115560 | -5.71%               | 0.56%                | 2.23%                |
| Class ID C000115559 | -5.63%               | 0.46%                | 2.17%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $968.40                  | $-52074.01                                 |
| Month 2  | $-21463.63               | $-69483.13                                 |
| Month 3  | $-90450.91               | $3848.31                                   |

**Designated Index Information**

- **Index Name:** Bloomberg Commodity Index Total Return

- **Index Identifier:** AQR2433719

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| N/A                                  | Corn                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      1053 | NC      | $-992410.30   | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -20 | NC      | $-41625.87    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         6 | NC      | $-5991.85     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        36 | NC      | $159755.33    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -16 | NC      | $-33226.50    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        17 | NC      | $112071.29    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         8 | NC      | $12984.82     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -11 | NC      | $-41190.93    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -6 | NC      | $7530.66      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         3 | NC      | $12473.37     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -17 | NC      | $-109101.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -5 | NC      | $-86670.97    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        21 | NC      | $56130.27     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -11 | NC      | $41096.71     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -2 | NC      | $-2694.33     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Soybean                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       674 | NC      | $-500890.98   | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        10 | NC      | $59253.70     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | NY Harbor ULSD                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      -165 | NC      | $775493.37    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -30 | NC      | $92558.10     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -29 | NC      | $-95596.17    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -6 | NC      | $-8843.28     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         4 | NC      | $-10438.28    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        22 | NC      | $-27843.42    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -12 | NC      | $-75039.89    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        29 | NC      | $92145.48     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America             | U.S. Treasury Bills                  | CUSIP: 912797QS9<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  24580000 | PA      | $24142496.40  | 3.03%             | 2025-12-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        11 | NC      | $37626.82     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -2 | NC      | $-2041.26     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -10 | NC      | $-36595.67    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -5 | NC      | $-99841.96    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        16 | NC      | $43644.67     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Feeder Cattle                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |         9 | NC      | $29776.86     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -37 | NC      | $-51372.56    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Aluminum                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |         5 | NC      | $2510.87      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        10 | NC      | $-41152.93    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -1 | NC      | $-2357.13     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -1 | NC      | $-1423.63     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| United States of America             | U.S. Treasury Bills                  | CUSIP: 912797PW1<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  35253000 | PA      | $34953525.77  | 4.39%             | 2025-09-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -11 | NC      | $-28243.55    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         3 | NC      | $-6106.60     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         1 | NC      | $1431.04      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        11 | NC      | $44521.11     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | 100 oz Gold                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       400 | NC      | $-1229267.76  | -0.15%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -1 | NC      | $-1526.88     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -9 | NC      | $-149194.87   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -10 | NC      | $-16218.80    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -1 | NC      | $-1848.13     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         7 | NC      | $8107.70      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -30 | NC      | $-20846.40    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -46 | NC      | $-75015.23    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -6 | NC      | $-13244.65    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         3 | NC      | $11775.87     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         1 | NC      | $1658.42      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         1 | NC      | $1792.79      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        19 | NC      | $50546.28     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -3 | NC      | $-12490.89    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -1 | NC      | $-198.73      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -10 | NC      | $29682.70     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -7 | NC      | $-8304.60     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        16 | NC      | $58896.58     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -9 | NC      | $-8681.67     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         5 | NC      | $4753.91      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         3 | NC      | $-5259.69     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         6 | NC      | $153043.21    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -9 | NC      | $-63385.17    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        10 | NC      | $28615.30     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -6 | NC      | $-14841.67    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        45 | NC      | $129094.56    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -5 | NC      | $-4786.90     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         1 | NC      | $2177.12      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        15 | NC      | $49073.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -16 | NC      | $-238969.27   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         4 | NC      | $4613.40      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -5 | NC      | $-19957.27    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -16 | NC      | $-33928.35    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Brent Crude Oil                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       873 | NC      | $-5107904.70  | -0.64%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         1 | NC      | $1625.37      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       516 | NC      | $1342803.96   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         1 | NC      | $8802.64      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -17 | NC      | $-59760.75    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        37 | NC      | $134331.56    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -6 | NC      | $-34983.78    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -16 | NC      | $-18364.35    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         6 | NC      | $16904.22     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -3 | NC      | $-3451.47     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -6 | NC      | $-3183.78     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -6 | NC      | $-15020.95    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -19 | NC      | $-26632.77    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -1 | NC      | $-20333.39    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Natural Gas                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       140 | NC      | $-779281.13   | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -7 | NC      | $-38239.29    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        24 | NC      | $79573.24     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -3 | NC      | $-7336.89     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         2 | NC      | $17392.24     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -8 | NC      | $-64104.50    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        15 | NC      | $178364.05    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         2 | NC      | $2808.24      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        16 | NC      | $58181.18     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -1 | NC      | $-1686.13     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       275 | NC      | $760489.21    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -11 | NC      | $-14202.68    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -50 | NC      | $-246384.97   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         1 | NC      | $7444.37      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -14 | NC      | $-11828.32    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -3 | NC      | $6457.17      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -18 | NC      | $-18920.34    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         3 | NC      | $4915.95      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -10 | NC      | $-96743.81    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -4 | NC      | $-4396.76     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -3 | NC      | $-3074.64     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         3 | NC      | $5330.03      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         6 | NC      | $3199.42      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -9 | NC      | $35027.13     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         2 | NC      | $39306.26     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -1 | NC      | $-13833.39    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| United States of America             | U.S. Treasury Bills                  | CUSIP: 912797LW5<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   1377000 | PA      | $1375557.01   | 0.17%             | 2025-07-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -17 | NC      | $-46907.48    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         6 | NC      | $-9057.42     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         1 | NC      | $1586.85      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -1 | NC      | $-3200.88     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Cocoa                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |        19 | NC      | $-41951.37    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -14 | NC      | $-38816.98    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -15 | NC      | $-168500.88   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         8 | NC      | $12497.82     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         1 | NC      | $2396.18      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -19 | NC      | $-20061.72    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -31 | NC      | $-13791.28    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        34 | NC      | $71569.10     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -54 | NC      | $-380754.04   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -5 | NC      | $-16203.15    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         4 | NC      | $7473.65      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -24 | NC      | $-94059.12    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -43 | NC      | $-1314274.42  | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        18 | NC      | $52502.55     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         6 | NC      | $8447.71      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         6 | NC      | $8760.83      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        10 | NC      | $28738.79     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -10 | NC      | $-53398.79    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         1 | NC      | $2872.60      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         9 | NC      | $14395.54     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        54 | NC      | $374347.98    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -24 | NC      | $-80721.73    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         9 | NC      | $-29585.94    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         5 | NC      | $87567.42     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       214 | NC      | $-570283.10   | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Soybean Meal                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      1089 | NC      | $-1405188.34  | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -1 | NC      | $-1931.40     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         6 | NC      | $-6906.26     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -10 | NC      | $40456.90     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         3 | NC      | $3103.44      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -1 | NC      | $-947.63      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -11 | NC      | $-37720.43    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -1 | NC      | $-6968.96     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -22 | NC      | $40200.94     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -23 | NC      | $-57245.97    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -8 | NC      | $-76999.74    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        30 | NC      | $16400.24     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        10 | NC      | $37383.70     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America             | U.S. Treasury Bills                  | CUSIP: 912797NU7<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  46458000 | PA      | $45513895.86  | 5.72%             | 2025-12-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -13 | NC      | $-68847.07    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       960 | NC      | $3569420.58   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -4 | NC      | $-14186.29    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -11 | NC      | $-49031.18    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         5 | NC      | $22325.62     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         3 | NC      | $-5094.33     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        16 | NC      | $23460.81     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         3 | NC      | $-8422.36     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         4 | NC      | $15586.33     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         6 | NC      | $14147.22     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -16 | NC      | $-58234.08    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        15 | NC      | $176305.69    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America             | U.S. Treasury Bills                  | CUSIP: 912797QR1<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  11831000 | PA      | $11637842.60  | 1.46%             | 2025-11-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        42 | NC      | $213329.54    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        23 | NC      | $76557.24     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -6 | NC      | $6625.76      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         8 | NC      | $-15437.45    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -53 | NC      | $-163869.64   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        16 | NC      | $71149.92     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Phelix De Base Electricity           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | DE        |        15 | NC      | $-805905.61   | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -23 | NC      | $-69063.43    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        10 | NC      | $-32431.10    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -1 | NC      | $-1376.21     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        14 | NC      | $1975.68      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America             | U.S. Treasury Bills                  | CUSIP: 912797NA1<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  27447000 | PA      | $27061085.02  | 3.40%             | 2025-10-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         9 | NC      | $63599.47     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -17 | NC      | $3732.54      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -3 | NC      | $4992.81      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        23 | NC      | $-74523.83    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         7 | NC      | $38450.59     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -12 | NC      | $44871.24     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         5 | NC      | $25217.10     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -15 | NC      | $-180234.00   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        11 | NC      | $-36609.16    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -1 | NC      | $-13833.39    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        58 | NC      | $298859.71    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        10 | NC      | $18289.70     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -2 | NC      | $-1343.20     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        13 | NC      | $-46902.95    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         1 | NC      | $1295.37      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -8 | NC      | $-22857.04    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -15 | NC      | $-49516.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -15 | NC      | $-65054.62    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        11 | NC      | $59689.39     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        16 | NC      | $31041.92     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Milling Wheat No. 2                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       969 | NC      | $-397486.14   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| United States of America             | U.S. Treasury Bills                  | CUSIP: 912797PY7<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  40303000 | PA      | $39899589.54  | 5.01%             | 2025-09-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -4 | NC      | $-17036.36    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         2 | NC      | $2434.16      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         1 | NC      | $13528.94     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        30 | NC      | $-92151.33    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         2 | NC      | $3632.84      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -16 | NC      | $-59066.08    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Brent Crude Oil                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        46 | NC      | $-39629.65    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | RBOB Gasoline                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |        36 | NC      | $-90504.02    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        16 | NC      | $32377.92     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -3 | NC      | $-13838.11    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -9 | NC      | $-3594.07     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Silver                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       210 | NC      | $-548753.91   | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | RBOB Gasoline                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      -485 | NC      | $569237.44    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -2 | NC      | $-8342.57     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         1 | NC      | $-3.47        | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -11 | NC      | $-58309.43    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -27 | NC      | $-83224.26    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -16 | NC      | $-52640.46    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        19 | NC      | $20418.85     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -42 | NC      | $-215809.96   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         4 | NC      | $-17985.48    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -21 | NC      | $-54295.86    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        13 | NC      | $75422.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -8 | NC      | $-96104.63    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -3 | NC      | $6468.79      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -8 | NC      | $-11257.04    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | KC HRW Wheat                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       363 | NC      | $-411211.56   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         6 | NC      | $17789.22     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        22 | NC      | $17879.64     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        17 | NC      | $21564.86     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        15 | NC      | $278240.30    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -45 | NC      | $-135377.10   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -1 | NC      | $4833.21      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        10 | NC      | $45634.63     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        16 | NC      | $235336.56    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         8 | NC      | $31077.48     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -18 | NC      | $-31123.49    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -58 | NC      | $-313372.01   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        12 | NC      | $47607.10     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         8 | NC      | $-29240.88    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        29 | NC      | $101472.23    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        11 | NC      | $14204.20     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         3 | NC      | $12868.09     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         7 | NC      | $-13965.68    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| United States of America             | U.S. Treasury Bills                  | CUSIP: 912797MS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  15681000 | PA      | $15509721.77  | 1.95%             | 2025-10-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -5 | NC      | $-26070.56    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        16 | NC      | $52369.79     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        29 | NC      | $396707.16    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America             | U.S. Treasury Bills                  | CUSIP: 912797MH7<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  27839000 | PA      | $27624934.52  | 3.47%             | 2025-09-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         8 | NC      | $79749.02     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         9 | NC      | $9154.61      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -7 | NC      | $-70256.62    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | ECX Emission                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       379 | NC      | $-1001098.54  | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| United States of America             | U.S. Treasury Bills                  | CUSIP: 912797QE0<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   6380000 | PA      | $6305872.38   | 0.79%             | 2025-10-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -1 | NC      | $-1342.19     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -3 | NC      | $-5679.69     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -11 | NC      | $-40028.56    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        13 | NC      | $68412.51     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -7 | NC      | $-7137.41     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         6 | NC      | $35772.22     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Coffee 'C'                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       262 | NC      | $-6282712.03  | -0.79%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -10 | NC      | $-27533.80    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -24 | NC      | $-134662.31   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         2 | NC      | $1578.74      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -8 | NC      | $-13575.04    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        12 | NC      | $-26382.34    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -4 | NC      | $10469.49     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Low Sulphur Gasoil                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       143 | NC      | $421689.32    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -2 | NC      | $-4251.76     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -1 | NC      | $-1492.43     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         2 | NC      | $8490.74      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -16 | NC      | $-70033.68    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Limited Purpose Cash Investment Fund | Limited Purpose Cash Investment Fund | CUSIP: 90262Y729<br>LEI: 549300GUQBQJ6160QP80 | Long             | STIV             | RF                | US        | 398692938 | NS      | $398573329.85 | 50.08%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        11 | NC      | $38609.73     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -10 | NC      | $-30524.27    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         3 | NC      | $6952.15      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        12 | NC      | $-45062.58    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        15 | NC      | $-56547.98    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -34 | NC      | $-76852.92    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         2 | NC      | $18513.74     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -6 | NC      | $-16501.02    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Feeder Cattle                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |         6 | NC      | $38178.96     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        17 | NC      | $45130.04     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -12 | NC      | $25077.14     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -6 | NC      | $-41264.10    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -1 | NC      | $-8399.88     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         6 | NC      | $13986.72     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         8 | NC      | $22507.65     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        18 | NC      | $36579.24     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         7 | NC      | $7011.33      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         5 | NC      | $18998.95     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -16 | NC      | $-39791.04    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         9 | NC      | $143980.99    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        12 | NC      | $-49663.90    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         2 | NC      | $7870.24      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Natural Gas                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       353 | NC      | $-438809.99   | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -16 | NC      | $-21343.08    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | NY Harbor ULSD                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |        81 | NC      | $-157120.74   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -18 | NC      | $-54299.34    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -29 | NC      | $-382289.02   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -16 | NC      | $-43671.79    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         1 | NC      | $-5122.91     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -35 | NC      | $-162220.34   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        14 | NC      | $40973.68     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America             | U.S. Treasury Bills                  | CUSIP: 912797QY6<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   9054000 | PA      | $8885512.57   | 1.12%             | 2025-12-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         6 | NC      | $12904.99     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       532 | NC      | $12208607.09  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -29 | NC      | $-98977.48    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         6 | NC      | $23086.74     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | WTI Crude Oil                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       322 | NC      | $525709.66    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        23 | NC      | $53167.26     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        31 | NC      | $41249.14     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        53 | NC      | $172535.12    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -24 | NC      | $-10552.35    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -8 | NC      | $30424.16     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America             | U.S. Treasury Bills                  | CUSIP: 912797QG5<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  38530000 | PA      | $38019045.58  | 4.78%             | 2025-10-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -6 | NC      | $-8416.78     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -2 | NC      | $-19097.38    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Natural Gas                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       168 | NC      | $-522073.10   | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -4 | NC      | $-7640.35     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        16 | NC      | $23181.92     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -18 | NC      | $-37640.26    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Cocoa                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -34 | NC      | $239369.62    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        19 | NC      | $27923.78     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        79 | NC      | $183628.21    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        27 | NC      | $78828.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -19 | NC      | $-50275.50    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        11 | NC      | $59890.84     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -6 | NC      | $8597.58      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        10 | NC      | $100393.70    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         1 | NC      | $3129.68      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -8 | NC      | $-42333.89    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -6 | NC      | $-151755.28   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -4 | NC      | $8958.92      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         7 | NC      | $70748.09     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -10 | NC      | $-30733.70    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -37 | NC      | $-141163.64   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -8 | NC      | $10584.08     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -1 | NC      | $967.39       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         6 | NC      | $37139.22     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        24 | NC      | $93689.55     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        21 | NC      | $706797.02    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -8 | NC      | $-32414.04    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        18 | NC      | $20928.46     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -17 | NC      | $-22312.96    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         5 | NC      | $96697.48     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -27 | NC      | $8136.99      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        31 | NC      | $29984.88     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -12 | NC      | $-45907.56    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -8 | NC      | $15922.16     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        20 | NC      | $39604.90     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Live Cattle                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       213 | NC      | $332142.36    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Wheat                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       257 | NC      | $-208425.57   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        24 | NC      | $136151.88    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        12 | NC      | $-42384.93    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -11 | NC      | $-60213.17    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -3 | NC      | $-11099.64    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | WTI Crude Oil                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      1029 | NC      | $-2111038.54  | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -19 | NC      | $-34143.47    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        16 | NC      | $40571.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         8 | NC      | $-12718.24    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        17 | NC      | $57886.79     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         1 | NC      | $1416.79      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -22 | NC      | $-7861.15     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        14 | NC      | $10995.75     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        37 | NC      | $49571.44     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -13 | NC      | $-7021.69     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         4 | NC      | $-10264.28    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         7 | NC      | $-44764.37    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -6 | NC      | $-17748.49    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -31 | NC      | $-42753.03    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Lean Hogs                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       149 | NC      | $-156514.09   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        12 | NC      | $73213.44     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -1 | NC      | $-3050.88     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        17 | NC      | $54385.04     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        43 | NC      | $1300918.41   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -4 | NC      | $17842.12     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         1 | NC      | $20625.52     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |      -222 | NC      | $-884989.36   | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -33 | NC      | $-51862.29    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Platinum                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | JP        |        44 | NC      | $78576.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Soybean Oil                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       343 | NC      | $982509.85    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -21 | NC      | $-721761.62   | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |      -168 | NC      | $-1323101.31  | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        23 | NC      | $740012.03    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Cotton No. 2                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       272 | NC      | $-315.61      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         1 | NC      | $1383.03      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -17 | NC      | $-363274.24   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        50 | NC      | $239663.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        33 | NC      | $60350.21     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        10 | NC      | $31668.70     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -6 | NC      | $-22971.78    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        15 | NC      | $62707.65     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        11 | NC      | $35719.13     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -2 | NC      | $-15309.37    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        13 | NC      | $5649.09      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        11 | NC      | $28319.74     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -23 | NC      | $-721527.24   | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        31 | NC      | $20000.38     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America             | U.S. Treasury Bills                  | CUSIP: 912797PE1<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   5758000 | PA      | $5747405.28   | 0.72%             | 2025-07-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -7 | NC      | $17499.49     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         8 | NC      | $96785.76     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -12 | NC      | $45927.24     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        18 | NC      | $27593.16     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         9 | NC      | $2987.30      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -10 | NC      | $-44958.80    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         4 | NC      | $14517.48     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -15 | NC      | $-273204.67   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         8 | NC      | $62155.96     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |      -297 | NC      | $-772149.05   | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -13 | NC      | $-74901.02    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        35 | NC      | $155355.45    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Sugar No. 11                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      2662 | NC      | $-2217784.66  | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -2 | NC      | $-7329.61     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -79 | NC      | $-186901.77   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        17 | NC      | $360703.24    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -36 | NC      | $-158701.68   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -13 | NC      | $41962.57     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        19 | NC      | $26062.70     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        27 | NC      | $4305.33      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -15 | NC      | $60629.55     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         1 | NC      | $13448.21     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | SGX Iron Ore                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | SG        |       483 | NC      | $49503.28     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         2 | NC      | $16249.23     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America             | U.S. Treasury Bills                  | CUSIP: 912797QF7<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  47759000 | PA      | $47163943.87  | 5.93%             | 2025-10-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -2 | NC      | $-36896.51    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -4 | NC      | $-49333.57    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -23 | NC      | $71395.49     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -9 | NC      | $-13339.17    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -19 | NC      | $-21593.72    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        17 | NC      | $-4806.15     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         1 | NC      | $-1333.23     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Aluminum Base Metal              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -17 | NC      | $-53058.25    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         8 | NC      | $46553.84     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Natural Gas                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -15 | NC      | $104508.90    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -31 | NC      | $-30203.78    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -17 | NC      | $-73358.09    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -14 | NC      | $-768.80      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Lead Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        19 | NC      | $21458.71     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -2 | NC      | $-16986.88    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | Low Sulphur Gasoil                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       421 | NC      | $-1764041.91  | -0.22%            |  |  |  | No            |                  1 | On Loan: No      |
| United States of America             | U.S. Treasury Bills                  | CUSIP: 912797NX1<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   2507000 | PA      | $2506416.30   | 0.31%             | 2025-07-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                  | LME Copper Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         4 | NC      | $50954.95     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -3 | NC      | $9044.31      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Zinc Base Metal                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        17 | NC      | $77837.54     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -7 | NC      | $43173.83     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                  | LME Nickel Base Metal                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -12 | NC      | $54215.38     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

**Name of Applicant:** AQR Funds

**Signature:** Matthew Plastina

**Name of Signer:** Matthew Plastina

**Title:** Chief Financial Officer and Treasurer