| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Tiger Global Management LLC | 9,831,218 | -1,650,000 | 42,667,486.12 | 0.1102 | 7.4651 | 06/30/2025 |
| 2 | Acadian Asset Management LLC | 3,820,082 | 1,707,267 | 16,579,155.88 | 0.028 | 2.9007 | 06/30/2025 |
| 3 | UBS Securities LLC | 3,320,775 | -42,644 | 14,412,163.5 | 0.0061 | 2.5216 | 06/30/2025 |
| 4 | Morgan Stanley & Co. LLC | 3,248,845 | -11,607 | 14,099,987.3 | 0.0048 | 2.4669 | 06/30/2025 |
| 5 | Yiheng Capital Management LP | 3,163,117 | 0 | 13,727,927.78 | 3.184 | 2.4018 | 06/30/2025 |
| 6 | Prescott Group Capital Management LLC | 3,155,436 | 120,000 | 13,694,592.24 | 1.4193 | 2.396 | 06/30/2025 |
| 7 | Invesco Hong Kong Ltd. | 2,079,509 | 582,753 | 9,025,069.06 | 0.2082 | 1.579 | 06/30/2025 |
| 8 | Tiger Pacific Capital LP | 2,069,435 | 0 | 8,981,347.9 | 2.7889 | 1.5714 | 06/30/2025 |
| 9 | T. Rowe Price International Ltd. | 1,866,254 | -66,246 | 8,099,542.36 | 0.0049 | 1.4171 | 06/30/2025 |
| 10 | Arrowstreet Capital LP | 1,483,769 | -152,704 | 6,439,557.46 | 0.0042 | 1.1267 | 06/30/2025 |
| 11 | Harvest Fund Management Co., Ltd. | 1,399,214 | 0 | 6,072,588.76 | 0.0103 | 1.0625 | 06/30/2025 |
| 12 | Goldman Sachs & Co. LLC (Private Banking) | 761,376 | -9,469 | 3,304,371.84 | 0.0014 | 0.5781 | 06/30/2025 |
| 13 | Healthcare of Ontario Pension Plan | 581,000 | 581,000 | 2,521,540 | 0.0048 | 0.4412 | 06/30/2025 |
| 14 | Marshall Wace LLP | 561,536 | -81,615 | 2,437,066.24 | 0.0027 | 0.4264 | 06/30/2025 |
| 15 | JPMorgan Securities LLC (Investment Management) | 531,349 | 255,003 | 2,306,054.66 | 0.0012 | 0.4035 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | T Rowe Price International Discovery Fund | 1,469,526 | -134,074 | 6,377,742.84 | 0.1056 | 1.1159 | 06/30/2025 |
| 2 | Invesco Funds - Greater China Equity Fund | 696,650 | 76,827 | 3,023,461 | 0.583 | 0.529 | 08/29/2025 |
| 3 | Schroder Intl. Selctn. Fd. SICAV - Emerging Mrkts. Eq. Impact | 587,185 | 0 | 2,548,382.9 | 5.1761 | 0.4459 | 12/31/2024 |
| 4 | Invesco Funds - PRC Equity Fund | 390,902 | 15,335 | 1,696,514.68 | 0.6321 | 0.2968 | 08/29/2025 |
| 5 | Fonditalia - Equity China | 331,825 | -1,830,501 | 1,440,120.5 | 0.2295 | 0.252 | 08/29/2025 |
| 6 | Invesco Far Eastern Invt. Ser. - China Equity Fund UK | 309,641 | 12,903 | 1,343,841.94 | 0.6242 | 0.2351 | 08/29/2025 |
| 7 | T Rowe Price Funds SICAV - China Evolution Equity Fund | 270,920 | -25,039 | 1,175,792.8 | 0.4674 | 0.2057 | 06/30/2025 |
| 8 | SPDR Portfolio Emerging Markets ETF | 210,244 | 28,156 | 912,458.96 | 0.0067 | 0.1596 | 08/29/2025 |
| 9 | Invesco Golden Dragon China ETF | 101,312 | 2,087 | 439,694.08 | 0.2801 | 0.0769 | 08/29/2025 |
| 10 | SPDR S&P Emerging Markets Small Cap ETF | 68,777 | -6,470 | 298,492.18 | 0.0407 | 0.0522 | 08/29/2025 |
| 11 | 10XDNA - Small & Mid Cap Technologies | 67,708 | 67,708 | 293,852.72 | 3.8926 | 0.0514 | 07/31/2025 |
| 12 | T. Rowe Price China Evolution Equity Fund | 58,940 | -3,137 | 255,799.6 | 0.4713 | 0.0448 | 06/30/2025 |
| 13 | ActivePassive International Equity ETF | 55,213 | -29,190 | 239,624.42 | 0.0264 | 0.0419 | 08/29/2025 |
| 14 | Lumyna - MW TOPS UCITS Fund | 52,828 | 52,828 | 229,273.52 | 0.0089 | 0.0401 | 03/31/2025 |
| 15 | Mackenzie Emerging Markets Small Cap Fund | 41,675 | 4,294 | 180,869.5 | 0.9558 | 0.0316 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Acadian Asset Management LLC | 3,820,082 | 1,707,267 | 16,579,155.88 | 0.028 | 2.9007 | 06/30/2025 |
| 2 | Invesco Hong Kong Ltd. | 2,079,509 | 582,753 | 9,025,069.06 | 0.2082 | 1.579 | 06/30/2025 |
| 3 | Healthcare of Ontario Pension Plan | 581,000 | 581,000 | 2,521,540 | 0.0048 | 0.4412 | 06/30/2025 |
| 4 | Schroder Investment Management North America, Inc. | 530,179 | 530,179 | 2,300,976.86 | 0.0024 | 0.4026 | 06/30/2025 |
| 5 | Citadel Securities LLC | 381,263 | 381,263 | 1,654,681.42 | 0.0051 | 0.2895 | 06/30/2025 |
| 6 | JPMorgan Securities LLC (Investment Management) | 531,349 | 255,003 | 2,306,054.66 | 0.0012 | 0.4035 | 06/30/2025 |
| 7 | Qube Research & Technologies Ltd. | 267,728 | 178,662 | 1,161,939.52 | 0.0016 | 0.2033 | 06/30/2025 |
| 8 | Parametrica Management Ltd. | 151,380 | 151,380 | 656,989.2 | 1.0235 | 0.1149 | 06/30/2025 |
| 9 | XTX Markets LLC | 145,852 | 145,852 | 632,997.68 | 0.0248 | 0.1107 | 06/30/2025 |
| 10 | Jane Street Capital LLC | 212,183 | 143,490 | 920,874.22 | 0.0013 | 0.1611 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Fideuram Asset Management (Ireland) DAC | 405,147 | -2,582,469 | 1,758,337.98 | 0.0096 | 0.3076 | 08/29/2025 |
| 2 | Tiger Global Management LLC | 9,831,218 | -1,650,000 | 42,667,486.12 | 0.1102 | 7.4651 | 06/30/2025 |
| 3 | Harber Asset Management LLC | 0 | -1,246,780 | 0 | 0 | 0 | |
| 4 | Millennium Management LLC | 20,433 | -639,075 | 88,679.22 | 0.0001 | 0.0155 | 06/30/2025 |
| 5 | Schroder Investment Management Ltd. | 0 | -587,185 | 0 | 0 | 0 | |
| 6 | Barclays Bank Plc (Private Banking) | 21,279 | -259,706 | 92,350.86 | 0.0001 | 0.0162 | 06/30/2025 |
| 7 | Caxton Associates LP | 0 | -164,358 | 0 | 0 | 0 | |
| 8 | Arrowstreet Capital LP | 1,483,769 | -152,704 | 6,439,557.46 | 0.0042 | 1.1267 | 06/30/2025 |
| 9 | Bank of America, NA (Private Banking) | 235,580 | -135,228 | 1,022,417.2 | 0.0003 | 0.1789 | 06/30/2025 |
| 10 | Numeric Investors LLC | 0 | -112,900 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.