| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Lazard Asset Management LLC | 18,161,928 | -220,987 | 179,439,848.64 | 0.149 | 0.8228 | 06/30/2025 |
| 2 | BlackRock Fund Advisors | 11,713,814 | 889,336 | 115,732,482.32 | 0.0027 | 0.5306 | 06/30/2025 |
| 3 | Goldman Sachs & Co. LLC (Private Banking) | 9,291,990 | 5,758,121 | 91,804,861.2 | 0.039 | 0.4209 | 06/30/2025 |
| 4 | Rafferty Asset Management LLC | 7,392,190 | 1,954,354 | 73,034,837.2 | 0.2325 | 0.3349 | 06/30/2025 |
| 5 | Aperio Group LLC | 6,351,682 | 2,193,293 | 62,754,618.16 | 0.0525 | 0.2877 | 06/30/2025 |
| 6 | Schroder Investment Management North America, Inc. | 5,216,972 | 5,216,972 | 51,543,683.36 | 0.0553 | 0.2363 | 06/30/2025 |
| 7 | Bank of America, NA (Private Banking) | 4,845,783 | 2,280,557 | 47,876,336.04 | 0.0154 | 0.2195 | 06/30/2025 |
| 8 | Acadian Asset Management LLC | 4,838,224 | -3,292,183 | 47,801,653.12 | 0.0824 | 0.2192 | 06/30/2025 |
| 9 | Parametric Portfolio Associates LLC | 4,771,827 | 90,486 | 47,145,650.76 | 0.0134 | 0.2162 | 06/30/2025 |
| 10 | Fisher Asset Management LLC | 4,662,068 | -11,012,555 | 46,061,231.84 | 0.0172 | 0.2112 | 06/30/2025 |
| 11 | Barclays Bank Plc (Private Banking) | 4,630,649 | 1,536,266 | 45,750,812.12 | 0.0262 | 0.2098 | 06/30/2025 |
| 12 | UBS Securities LLC | 4,617,613 | -4,511,080 | 45,622,016.44 | 0.0196 | 0.2092 | 06/30/2025 |
| 13 | Cullen Capital Management LLC | 4,497,235 | 73,135 | 44,432,681.8 | 0.4205 | 0.2037 | 03/31/2025 |
| 14 | Morgan Stanley & Co. International Plc | 3,918,877 | 2,108,048 | 38,718,504.76 | 0.4116 | 0.1775 | 06/30/2025 |
| 15 | Citigroup Global Markets, Inc. (Investment Management) | 3,813,791 | -1,682,434 | 37,680,255.08 | 0.0306 | 0.1728 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | iShares Semiconductor ETF | 9,854,179 | -556,886 | 97,359,288.52 | 0.7065 | 0.4464 | 07/31/2025 |
| 2 | St. James's Place Unit Trust - Emerging Markets Equity | 7,279,389 | 0 | 71,920,363.32 | 0.6926 | 0.3298 | 03/31/2025 |
| 3 | Direxion Daily Semiconductor Bull 3X Shares | 6,963,243 | 1,883,975 | 68,796,840.84 | 0.7084 | 0.3154 | 07/31/2025 |
| 4 | Avantis Emerging Markets Equity ETF | 2,895,205 | 713,395 | 28,604,625.4 | 0.2426 | 0.1312 | 07/31/2025 |
| 5 | Vanguard Global Minimum Volatility Fund | 1,537,032 | 151,800 | 15,185,876.16 | 0.6875 | 0.0696 | 04/30/2025 |
| 6 | State Board of Administration of Florida Retirement System | 1,429,262 | -485,742 | 14,121,108.56 | 0.0128 | 0.0647 | 03/31/2025 |
| 7 | Sun Life Acadian International Equity Fund | 964,803 | 0 | 9,532,253.64 | 1.0474 | 0.0437 | 12/31/2024 |
| 8 | Debeka-Aktien-Asien-ESG | 899,000 | 0 | 8,882,120 | 0.5866 | 0.0407 | 05/30/2025 |
| 9 | Steward Global Equity Income Fund | 804,777 | 49,940 | 7,951,196.76 | 1.7874 | 0.0365 | 07/31/2025 |
| 10 | Fisher Invts. Instl. Fds. Plc - Emerging Markets Equity Fund | 533,560 | -726,584 | 5,271,572.8 | 0.9693 | 0.0242 | 07/31/2025 |
| 11 | Emerging Markets Equity Pool | 422,983 | 0 | 4,179,072.04 | 0.89 | 0.0192 | 12/31/2024 |
| 12 | RBC Private EAFE Equity Pool | 422,235 | 0 | 4,171,681.8 | 1.105 | 0.0191 | 12/31/2024 |
| 13 | Dimensional Emerging Core Equity Market ETF | 392,500 | 173,500 | 3,877,900 | 0.0605 | 0.0178 | 07/31/2025 |
| 14 | Victory Emerging Markets Fund | 320,730 | 5,043 | 3,168,812.4 | 0.5236 | 0.0145 | 05/31/2025 |
| 15 | Fisher Invts. EM. Mrkts. Eq. Responsible ex-Fossil Fuels | 298,826 | -97,583 | 2,952,400.88 | 2.2285 | 0.0135 | 07/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Goldman Sachs & Co. LLC (Private Banking) | 9,291,990 | 5,758,121 | 91,804,861.2 | 0.039 | 0.4209 | 06/30/2025 |
| 2 | Schroder Investment Management North America, Inc. | 5,216,972 | 5,216,972 | 51,543,683.36 | 0.0553 | 0.2363 | 06/30/2025 |
| 3 | Bank of America, NA (Private Banking) | 4,845,783 | 2,280,557 | 47,876,336.04 | 0.0154 | 0.2195 | 06/30/2025 |
| 4 | Aperio Group LLC | 6,351,682 | 2,193,293 | 62,754,618.16 | 0.0525 | 0.2877 | 06/30/2025 |
| 5 | Morgan Stanley & Co. International Plc | 3,918,877 | 2,108,048 | 38,718,504.76 | 0.4116 | 0.1775 | 06/30/2025 |
| 6 | Rafferty Asset Management LLC | 7,392,190 | 1,954,354 | 73,034,837.2 | 0.2325 | 0.3349 | 06/30/2025 |
| 7 | Point72 Asset Management LP | 1,860,719 | 1,860,719 | 18,383,903.72 | 0.0369 | 0.0843 | 06/30/2025 |
| 8 | Barclays Bank Plc (Private Banking) | 4,630,649 | 1,536,266 | 45,750,812.12 | 0.0262 | 0.2098 | 06/30/2025 |
| 9 | Citadel Securities LLC | 1,953,895 | 1,391,329 | 19,304,482.6 | 0.0618 | 0.0885 | 06/30/2025 |
| 10 | Leap Investments LP | 1,357,336 | 1,357,336 | 13,410,479.68 | 0.2135 | 0.0615 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Fisher Asset Management LLC | 4,662,068 | -11,012,555 | 46,061,231.84 | 0.0172 | 0.2112 | 06/30/2025 |
| 2 | UBS Securities LLC | 4,617,613 | -4,511,080 | 45,622,016.44 | 0.0196 | 0.2092 | 06/30/2025 |
| 3 | Schroder Investment Management Ltd. | 0 | -4,371,391 | 0 | 0 | 0 | |
| 4 | Acadian Asset Management LLC | 4,838,224 | -3,292,183 | 47,801,653.12 | 0.0824 | 0.2192 | 06/30/2025 |
| 5 | JPMorgan Securities LLC (Investment Management) | 604,328 | -3,104,607 | 5,970,760.64 | 0.0031 | 0.0274 | 06/30/2025 |
| 6 | Capula Investment US LP | 216,529 | -1,980,541 | 2,139,306.52 | 0.0251 | 0.0098 | 06/30/2025 |
| 7 | Citigroup Global Markets, Inc. (Investment Management) | 3,813,791 | -1,682,434 | 37,680,255.08 | 0.0306 | 0.1728 | 06/30/2025 |
| 8 | BofA Securities, Inc. | 70,306 | -1,337,936 | 694,623.28 | 0.0013 | 0.0032 | 06/30/2025 |
| 9 | Morgan Stanley & Co. LLC | 4,591 | -1,169,481 | 45,359.08 | 0 | 0.0002 | 06/30/2025 |
| 10 | Healthcare of Ontario Pension Plan | 543,800 | -821,900 | 5,372,744 | 0.0104 | 0.0246 | 06/30/2025 |
Data provided by FactSet Research Systems Inc.