<?xml version="1.0" encoding="utf-8"?>
<heldOrderRoutingPublicReport xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xsd="http://www.w3.org/2001/XMLSchema">
  <version>1.2</version>
  <bd>Gilder Gagnon Howe &amp; Co. LLC</bd>
  <year>2025</year>
  <qtr>3</qtr>
  <timestamp>2025-10-22T22:07:24Z</timestamp>
  <rMonthly>
    <year>2025</year>
    <mon>7</mon>
    <rSP500>
      <ndoPct>0.00</ndoPct>
      <ndoMarketPct>0.00</ndoMarketPct>
      <ndoMarketableLimitPct>0.00</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>0.00</ndoNonmarketableLimitPct>
      <ndoOtherPct>0.00</ndoOtherPct>
      <rVenues />
    </rSP500>
    <rOtherStocks>
      <ndoPct>0.00</ndoPct>
      <ndoMarketPct>0.00</ndoMarketPct>
      <ndoMarketableLimitPct>0.00</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>0.00</ndoNonmarketableLimitPct>
      <ndoOtherPct>0.00</ndoOtherPct>
      <rVenues />
    </rOtherStocks>
    <rOptions>
      <ndoPct>100.00</ndoPct>
      <ndoMarketPct>0.00</ndoMarketPct>
      <ndoMarketableLimitPct>0.00</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>0.00</ndoNonmarketableLimitPct>
      <ndoOtherPct>0.00</ndoOtherPct>
      <rVenues />
    </rOptions>
  </rMonthly>
  <rMonthly>
    <year>2025</year>
    <mon>8</mon>
    <rSP500>
      <ndoPct>0.00</ndoPct>
      <ndoMarketPct>0.00</ndoMarketPct>
      <ndoMarketableLimitPct>0.00</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>0.00</ndoNonmarketableLimitPct>
      <ndoOtherPct>0.00</ndoOtherPct>
      <rVenues />
    </rSP500>
    <rOtherStocks>
      <ndoPct>0.00</ndoPct>
      <ndoMarketPct>0.00</ndoMarketPct>
      <ndoMarketableLimitPct>0.00</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>0.00</ndoNonmarketableLimitPct>
      <ndoOtherPct>0.00</ndoOtherPct>
      <rVenues />
    </rOtherStocks>
    <rOptions>
      <ndoPct>100.00</ndoPct>
      <ndoMarketPct>0.00</ndoMarketPct>
      <ndoMarketableLimitPct>100.00</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>0.00</ndoNonmarketableLimitPct>
      <ndoOtherPct>0.00</ndoOtherPct>
      <rVenues>
        <rVenue>
          <name>Chicago Board Options Exchange</name>
          <mic>CBOE</mic>
          <orderPct>50.00</orderPct>
          <marketPct>0.00</marketPct>
          <marketableLimitPct>50.00</marketableLimitPct>
          <nonMarketableLimitPct>0.00</nonMarketableLimitPct>
          <otherPct>0.00</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>GGHC routed 100% of its option orders to ISIG/Evercore.ISIG/Evercore made the routing decision over the GGHC orders as to the options exchange for execution.GGHC does not receive payment for routing orders in equity securities or options nor does it receive incentives for trade volumes or have any agreements regarding minimum order flow.</materialAspects>
        </rVenue>
        <rVenue>
          <name>INTERNATIONAL SECURITIES EXCHANGE LLC</name>
          <mic>XISX</mic>
          <orderPct>25.00</orderPct>
          <marketPct>0.00</marketPct>
          <marketableLimitPct>25.00</marketableLimitPct>
          <nonMarketableLimitPct>0.00</nonMarketableLimitPct>
          <otherPct>0.00</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>GGHC routed 100% of its option orders to ISIG/Evercore.ISIG/Evercore made the routing decision over the GGHC orders as to the options exchange for execution.GGHC does not receive payment for routing orders in equity securities or options nor does it receive incentives for trade volumes or have any agreements regarding minimum order flow.</materialAspects>
        </rVenue>
        <rVenue>
          <name>NYSE ARCA OPTIONS</name>
          <mic>ARCO</mic>
          <orderPct>25.00</orderPct>
          <marketPct>0.00</marketPct>
          <marketableLimitPct>25.00</marketableLimitPct>
          <nonMarketableLimitPct>0.00</nonMarketableLimitPct>
          <otherPct>0.00</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>GGHC routed 100% of its option orders to ISIG/Evercore.ISIG/Evercore made the routing decision over the GGHC orders as to the options exchange for execution.GGHC does not receive payment for routing orders in equity securities or options nor does it receive incentives for trade volumes or have any agreements regarding minimum order flow.</materialAspects>
        </rVenue>
      </rVenues>
    </rOptions>
  </rMonthly>
  <rMonthly>
    <year>2025</year>
    <mon>9</mon>
    <rSP500>
      <ndoPct>0.00</ndoPct>
      <ndoMarketPct>0.00</ndoMarketPct>
      <ndoMarketableLimitPct>0.00</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>0.00</ndoNonmarketableLimitPct>
      <ndoOtherPct>0.00</ndoOtherPct>
      <rVenues />
    </rSP500>
    <rOtherStocks>
      <ndoPct>0.00</ndoPct>
      <ndoMarketPct>0.00</ndoMarketPct>
      <ndoMarketableLimitPct>0.00</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>0.00</ndoNonmarketableLimitPct>
      <ndoOtherPct>0.00</ndoOtherPct>
      <rVenues />
    </rOtherStocks>
    <rOptions>
      <ndoPct>100.00</ndoPct>
      <ndoMarketPct>100.00</ndoMarketPct>
      <ndoMarketableLimitPct>0.00</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>0.00</ndoNonmarketableLimitPct>
      <ndoOtherPct>0.00</ndoOtherPct>
      <rVenues>
        <rVenue>
          <name>Chicago Board Options Exchange</name>
          <mic>CBOE</mic>
          <orderPct>51.00</orderPct>
          <marketPct>51.00</marketPct>
          <marketableLimitPct>0.00</marketableLimitPct>
          <nonMarketableLimitPct>0.00</nonMarketableLimitPct>
          <otherPct>0.00</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>GGHC routed 100% of its option orders to ISIG/Evercore.ISIG/Evercore made the routing decision over the GGHC orders as to the options exchange for execution.GGHC does not receive payment for routing orders in equity securities or options nor does it receive incentives for trade volumes or have any agreements regarding minimum order flow.</materialAspects>
        </rVenue>
        <rVenue>
          <name>NYSE ARCA OPTIONS</name>
          <mic>ARCO</mic>
          <orderPct>25.46</orderPct>
          <marketPct>25.46</marketPct>
          <marketableLimitPct>0.00</marketableLimitPct>
          <nonMarketableLimitPct>0.00</nonMarketableLimitPct>
          <otherPct>0.00</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>GGHC routed 100% of its option orders to ISIG/Evercore.ISIG/Evercore made the routing decision over the GGHC orders as to the options exchange for execution.GGHC does not receive payment for routing orders in equity securities or options nor does it receive incentives for trade volumes or have any agreements regarding minimum order flow.</materialAspects>
        </rVenue>
        <rVenue>
          <name>INTERNATIONAL SECURITIES EXCHANGE LLC</name>
          <mic>XISX</mic>
          <orderPct>23.54</orderPct>
          <marketPct>23.54</marketPct>
          <marketableLimitPct>0.00</marketableLimitPct>
          <nonMarketableLimitPct>0.00</nonMarketableLimitPct>
          <otherPct>0.00</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>GGHC routed 100% of its option orders to ISIG/Evercore.ISIG/Evercore made the routing decision over the GGHC orders as to the options exchange for execution.GGHC does not receive payment for routing orders in equity securities or options nor does it receive incentives for trade volumes or have any agreements regarding minimum order flow.</materialAspects>
        </rVenue>
      </rVenues>
    </rOptions>
  </rMonthly>
</heldOrderRoutingPublicReport>