| Ticker | Action | Number of Shares Bought/Sold | Value of Shares Added/Sold | Average Price paid for previous share BUYs |
|---|
| WY - Weyerhaeuser Company | BUY | 97,961 @ USD 23.69 | USD 2,320,696 | The ETF bought 97961 new shares of WY (Weyerhaeuser Company). The shares were bought for an average price of 23.69 compared to the previous average buy price of 26.8575. This is -11.8% lower than average price of previous purchases of WY. |
| 2689.HK - NINE DRAGONS PAPER HOLDINGS LTD | BUY | 2,580,000 @ HKD 0.759299 | HKD 1,958,991 | The ETF bought 2580000 new shares of 2689.HK (NINE DRAGONS PAPER HOLDINGS LTD). The shares were bought for an average price of 0.759299 compared to the previous average buy price of 0.435248. This is 74.5% higher than average price of previous purchases of 2689.HK. |
| IP - International Paper | BUY | 36,536 @ USD 39.39 | USD 1,439,153 | The ETF bought 36536 new shares of IP (International Paper). The shares were bought for an average price of 39.39 compared to the previous average buy price of 46.9575. This is -16.1% lower than average price of previous purchases of IP. |
| WFG.TO - West Fraser Timber Co Ltd | BUY | 12,592 @ CAD 61.2584 | CAD 771,366 | The ETF bought 12592 new shares of WFG.TO (West Fraser Timber Co Ltd). The shares were bought for an average price of 61.2584 compared to the previous average buy price of 75.2078. This is -18.5% lower than average price of previous purchases of WFG.TO. |
| MNDI.L - Mondi PLC | BUY | 44,833 @ GBP 12.2157 | GBP 547,666 | The ETF bought 44833 new shares of MNDI.L (Mondi PLC). The shares were bought for an average price of 12.2157 compared to the previous average buy price of 14.7748. This is -17.3% lower than average price of previous purchases of MNDI.L. |
| SW - Smurfit WestRock plc | BUY | 8,698 @ USD 38.67 | USD 336,352 | The ETF bought 8698 new shares of SW (Smurfit WestRock plc). The shares were bought for an average price of 38.67 compared to the previous average buy price of 44.0232. This is -12.2% lower than average price of previous purchases of SW. |
| SLVM - Sylvamo Corp | BUY | 4,342 @ USD 48.15 | USD 209,067 | The ETF bought 4342 new shares of SLVM (Sylvamo Corp). The shares were bought for an average price of 48.15 compared to the previous average buy price of 59.2083. This is -18.7% lower than average price of previous purchases of SLVM. |
| 1911.T - Sumitomo Forestry Co., Ltd. | HOLD | 0 @ JPY 10.2364 | JPY 0 | The current share valuation price of 1911.T based on adjusted close was JPY 10.2364. The average price that 1911.T shares were previous bought at was JPY 11.2971. The current market price is -9.4% lower than average price they were purchased at. The value of the holding in 1911.T has fallen by JPY 9,530 (USD $61) compared to the previous valuation of Sumitomo Forestry Co., Ltd. |
| CMPC.SN - | HOLD | 0 @ CLP 1.56837 | CLP 0 | The current share valuation price of CMPC.SN based on adjusted close was CLP 1.56837. The average price that CMPC.SN shares were previous bought at was CLP 1.50572. The current market price is 4.2% higher than average price they were purchased at. The value of the holding in CMPC.SN has fallen by CLP 2,219 (USD $2) compared to the previous valuation of |
| DXCO3.SA - | HOLD | 0 @ BRL 0.91245 | BRL 0 | The current share valuation price of DXCO3.SA based on adjusted close was BRL 0.91245. The average price that DXCO3.SA shares were previous bought at was BRL 0.928484. The current market price is -1.7% lower than average price they were purchased at. The value of the holding in DXCO3.SA has increased by BRL 3,615 (USD $660) compared to the previous valuation of however if the holding was sold on 2025-12-31 this would crystalise an overall loss. |
| HOLM-B.ST - | HOLD | 0 @ SEK 38.4432 | SEK 0 | The current share valuation price of HOLM-B.ST based on adjusted close was SEK 38.4432. The average price that HOLM-B.ST shares were previous bought at was SEK 38.6148. The current market price is -0.4% lower than average price they were purchased at. The value of the holding in HOLM-B.ST has fallen by SEK 8,306 (USD $903) compared to the previous valuation of |
| 3863.T - Nippon Paper Industries Co., Ltd. | HOLD | 0 @ JPY 7.41969 | JPY 0 | The current share valuation price of 3863.T based on adjusted close was JPY 7.41969. The average price that 3863.T shares were previous bought at was JPY 6.97441. The current market price is 6.4% higher than average price they were purchased at. The value of the holding in 3863.T has fallen by JPY 4,775 (USD $31) compared to the previous valuation of Nippon Paper Industries Co., Ltd. |
| KLBN11.SA - | HOLD | 0 @ BRL 3.42351 | BRL 0 | The current share valuation price of KLBN11.SA based on adjusted close was BRL 3.42351. The average price that KLBN11.SA shares were previous bought at was BRL 3.35171. The current market price is 2.1% higher than average price they were purchased at. The value of the holding in KLBN11.SA has increased by BRL 13,293 (USD $2,427) compared to the previous valuation of however if the holding was sold on 2025-12-31 this would crystalise an overall loss. |
| 3861.T - Oji Holdings Corporation | HOLD | 0 @ JPY 5.48789 | JPY 0 | The current share valuation price of 3861.T based on adjusted close was JPY 5.48789. The average price that 3861.T shares were previous bought at was JPY 5.25172. The current market price is 4.5% higher than average price they were purchased at. The value of the holding in 3861.T has fallen by JPY 10,800 (USD $69) compared to the previous valuation of Oji Holdings Corporation |
| UPM.HE - UPM-Kymmene Oyj | HOLD | 0 @ EUR 29.1146 | EUR 0 | The current share valuation price of UPM.HE based on adjusted close was EUR 29.1146. The average price that UPM.HE shares were previous bought at was EUR 27.6529. The current market price is 5.3% higher than average price they were purchased at. The value of the holding in UPM.HE has fallen by EUR 6,020 (USD $7,072) compared to the previous valuation of UPM-Kymmene Oyj |
| BILL.ST - | HOLD | 0 @ SEK 10.1857 | SEK 0 | The current share valuation price of BILL.ST based on adjusted close was SEK 10.1857. The average price that BILL.ST shares were previous bought at was SEK 9.45915. The current market price is 7.7% higher than average price they were purchased at. The value of the holding in BILL.ST has fallen by SEK 5,299 (USD $576) compared to the previous valuation of |
| SCA-B.ST - | HOLD | 0 @ SEK 13.2989 | SEK 0 | The current share valuation price of SCA-B.ST based on adjusted close was SEK 13.2989. The average price that SCA-B.ST shares were previous bought at was SEK 13.2574. The current market price is 0.3% higher than average price they were purchased at. The value of the holding in SCA-B.ST has fallen by SEK 13,305 (USD $1,447) compared to the previous valuation of |
| SCGP-R.BK - | HOLD | 0 @ THB 0.542771 | THB 0 | The current share valuation price of SCGP-R.BK based on adjusted close was THB 0.542771. The average price that SCGP-R.BK shares were previous bought at was THB 0.527181. The current market price is 3.0% higher than average price they were purchased at. THB 0 (USD $0) compared to the previous valuation of however if the holding was sold on 2025-12-31 this would crystalise an overall loss. |
| STERV.HE - Stora Enso Oyj | HOLD | 0 @ EUR 12.5725 | EUR 0 | The current share valuation price of STERV.HE based on adjusted close was EUR 12.5725. The average price that STERV.HE shares were previous bought at was EUR 9.92374. The current market price is 26.7% higher than average price they were purchased at. The value of the holding in STERV.HE has fallen by EUR 5,006 (USD $5,881) compared to the previous valuation of Stora Enso Oyj |
| SUZB3.SA - | HOLD | 0 @ BRL 9.38911 | BRL 0 | The current share valuation price of SUZB3.SA based on adjusted close was BRL 9.38911. The average price that SUZB3.SA shares were previous bought at was BRL 9.47241. The current market price is -0.9% lower than average price they were purchased at. The value of the holding in SUZB3.SA has increased by BRL 13,180 (USD $2,407) compared to the previous valuation of however if the holding was sold on 2025-12-31 this would crystalise an overall loss. |
| SAP.JO - | SELL | -282,980 @ ZAR 1.48159 | ZAR -419,260 | The ETF sold 282980 shares of SAP.JO on 2025-12-31. The shares were previously bought for an average price of ZAR 1.57256. The shares were sold for -5.8% lower than average price of previous purchases. This resulted in an overall loss of ZAR 25,743 (USD $1,552) The average price that the ETF previously sold SAP.JO share for is ZAR 2.08335 which is higher than the selling price of ZAR 1.48159 on 2025-12-31. |
| RYN - Rayonier Inc | SELL | -31,142 @ USD 21.65 | USD -674,224 | The ETF sold 31142 shares of RYN on 2025-12-31. The shares were previously bought for an average price of USD 24.7906. The Rayonier Inc shares were sold for -12.7% lower than average price of previous purchases. This resulted in an overall loss of USD 97,805 The average price that the ETF previously sold RYN share for is USD 25.0382 which is higher than the selling price of USD 21.65 on 2025-12-31. |
| PCH - PotlatchDeltic Corp | SELL | -31,267 @ USD 39.78 | USD -1,243,801 | The ETF sold 31267 shares of PCH on 2025-12-31. The shares were previously bought for an average price of USD 40.0777. The PotlatchDeltic Corp shares were sold for -0.7% lower than average price of previous purchases. This resulted in an overall loss of USD 9,308 The average price that the ETF previously sold PCH share for is USD 42.0693 which is higher than the selling price of USD 39.78 on 2025-12-31. |
| CLW - Clearwater Paper Corporation | SELL | -72,057 @ USD 17.4 | USD -1,253,792 | The ETF sold 72057 shares of CLW on 2025-12-31. The shares were previously bought for an average price of USD 26.1151. The Clearwater Paper Corporation shares were sold for -33.4% lower than average price of previous purchases. This resulted in an overall loss of USD 627,984 The average price that the ETF previously sold CLW share for is USD 26.3382 which is higher than the selling price of USD 17.4 on 2025-12-31. |
| 002078.SZ - Shandong Sun Paper Co., Ltd. | SELL | -691,300 @ CNY 2.25646 | CNY -1,559,891 | The ETF sold 691300 shares of 002078.SZ on 2025-12-31. The shares were previously bought for an average price of CNY 1.96793. The Shandong Sun Paper Co., Ltd. shares were sold for 14.7% higher than average price of previous purchases. This sale made a profit of CNY 199,461 (USD $28,511) The average price that the ETF previously sold 002078.SZ share for is CNY 1.97299 so the ETF has sold 691300 shares on 2025-12-31 at a higher price than the previous selling average. |