| 持股明細(資料日期：2025/11/28) |
| 持股名稱 | 比例 |
| POTLATCHDELTIC CORP | 8.33% |
| STORA ENSO CLASS R | 5.97% |
| KLABIN UNITS SA | 5.84% |
| RAYONIER REIT INC | 5.28% |
| WEYERHAEUSER REIT | 5.13% |
| SYLVAMO CORP | 5.09% |
| OJI HOLDINGS CORP | 4.93% |
| SHANDONG SUNPAPER LTD A | 4.89% |
| UPM-KYMMENE | 4.78% |
| SVENSKA CELLULOSA B | 4.58% |
| SUZANO SA | 4.34% |
| WEST FRASER TIMBER LTD | 3.87% |
| HOLMEN CLASS B | 3.87% |
| SMURFIT WESTROCK PLC | 3.85% |
| MONDI PLC | 3.82% |
| SUMITOMO FORESTRY LTD | 3.76% |
| SCG PACKAGING PCL NON-VOTING DR | 3.42% |
| INTERNATIONAL PAPER | 2.95% |
| BILLERUD KORSNAS | 2.84% |
| CLEARWATER PAPER CORP | 2.76% |
| EMPRESAS CMPC SA | 2.34% |
| SAPPI LTD | 2.32% |
| NINE DRAGONS PAPER HOLDINGS LTD | 1.92% |
| NIPPON PAPER INDUSTRIES LTD | 1.42% |
| DEXCO SA | 0.88% |
| USD CASH | 0.28% |
| RAYONIER INC CASH ACCRUAL 2 | 0.26% |
| JPY CASH | 0.12% |
| BLK CSH FND TREASURY SL AGENCY | 0.05% |
| CASH COLLATERAL USD JPFFT | 0.04% |
| EUR CASH | 0.03% |
| SEK CASH | 0.02% |
| BRL CASH | 0.01% |