| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | PRIMECAP Management Co. | 20,764,276 | -1,190,831 | 2,552,760,091.44 | 1.8717 | 0.8739 | 06/30/2025 |
| 2 | JPMorgan Investment Management, Inc. | 13,181,172 | 6,912,011 | 1,620,493,285.68 | 0.1724 | 0.5548 | 06/30/2025 |
| 3 | Goldman Sachs & Co. LLC (Private Banking) | 11,777,184 | 5,136,981 | 1,447,887,000.96 | 0.6117 | 0.4957 | 06/30/2025 |
| 4 | Dodge & Cox | 10,964,270 | -3,505,500 | 1,347,947,353.8 | 0.5481 | 0.4615 | 06/30/2025 |
| 5 | Sanders Capital LLC | 8,533,159 | -364,118 | 1,049,066,567.46 | 1.3042 | 0.3591 | 06/30/2025 |
| 6 | Appaloosa LP | 7,067,271 | -4,775,887 | 868,850,296.74 | 12.5681 | 0.2974 | 06/30/2025 |
| 7 | Fidelity Management & Research Co. LLC | 6,625,138 | 5,645,616 | 814,494,465.72 | 0.047 | 0.2788 | 06/30/2025 |
| 8 | HSBC Global Asset Management (UK) Ltd. | 6,102,567 | -107,777 | 750,249,586.98 | 0.4808 | 0.2568 | 06/30/2025 |
| 9 | Fisher Asset Management LLC | 5,267,441 | 173,613 | 647,579,196.54 | 0.2402 | 0.2217 | 06/30/2025 |
| 10 | UBS Securities LLC | 4,836,346 | 1,899,081 | 594,580,377.24 | 0.2547 | 0.2036 | 06/30/2025 |
| 11 | Norges Bank Investment Management | 4,649,003 | -2,256,044 | 571,548,428.82 | 0.039 | 0.1957 | 06/30/2025 |
| 12 | D. E. Shaw & Co. LP | 4,446,111 | 4,074,783 | 546,604,886.34 | 0.5295 | 0.1871 | 06/30/2025 |
| 13 | JPMorgan Securities LLC (Investment Management) | 3,927,436 | -1,248,727 | 482,838,981.84 | 0.2513 | 0.1653 | 06/30/2025 |
| 14 | H&H International Investment LLC | 3,746,230 | -1,704,600 | 460,561,516.2 | 3.6273 | 0.1577 | 06/30/2025 |
| 15 | Discerene Group LP | 2,985,487 | 18,400 | 367,035,771.78 | 39.1803 | 0.1257 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Vanguard PRIMECAP Fund | 12,386,417 | 8,500 | 1,522,786,105.98 | 1.968 | 0.5213 | 06/30/2025 |
| 2 | Dodge & Cox International Stock Fund | 7,754,700 | -1,811,200 | 953,362,818 | 1.622 | 0.3264 | 06/30/2025 |
| 3 | JPMorgan Large Cap Growth Fund | 7,751,250 | 3,167,216 | 952,938,675 | 0.8144 | 0.3262 | 06/30/2025 |
| 4 | Vanguard Capital Opportunity Fund | 3,796,500 | -166,000 | 466,741,710 | 1.9641 | 0.1598 | 03/31/2025 |
| 5 | British Columbia Inv Management Corp. | 3,030,294 | 0 | 372,544,344.36 | 0.3054 | 0.1275 | 03/31/2024 |
| 6 | Caisse de depot et placement du Quebec Fund - Portfolio | 2,150,970 | 0 | 264,440,251.8 | 0.0793 | 0.0905 | 12/31/2024 |
| 7 | Macquarie Emerging Markets Fund | 1,940,000 | 0 | 238,503,600 | 3.7479 | 0.0817 | 06/30/2025 |
| 8 | Invesco Developing Markets Fund | 1,739,018 | 364,501 | 213,794,872.92 | 1.4575 | 0.0732 | 06/30/2025 |
| 9 | Fidelity Emerging Markets Fund | 1,678,600 | 1,678,600 | 206,367,084 | 2.4805 | 0.0706 | 06/30/2025 |
| 10 | Avantis Emerging Markets Equity ETF | 1,562,974 | 361,582 | 192,152,023.56 | 1.6445 | 0.0658 | 07/31/2025 |
| 11 | UBS Lux Equity Fund - China Opportunity USD | 1,553,813 | -277,573 | 191,025,770.22 | 5.919 | 0.0654 | 04/30/2025 |
| 12 | Strategic Advisers Fidelity Emerging Markets Fund | 1,280,954 | 918,999 | 157,480,484.76 | 0.56 | 0.0539 | 06/30/2025 |
| 13 | Vanguard PRIMECAP Core Fund | 1,192,650 | -109,850 | 146,624,391 | 1.0941 | 0.0502 | 03/31/2025 |
| 14 | Global X Artificial Intelligence & Technology ETF | 1,148,218 | 13,007 | 141,161,920.92 | 3.2332 | 0.0483 | 07/31/2025 |
| 15 | JPMorgan Emerging Markets Equity Fund | 1,131,103 | 173,774 | 139,057,802.82 | 1.9459 | 0.0476 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | JPMorgan Investment Management, Inc. | 13,181,172 | 6,912,011 | 1,620,493,285.68 | 0.1724 | 0.5548 | 06/30/2025 |
| 2 | Fidelity Management & Research Co. LLC | 6,625,138 | 5,645,616 | 814,494,465.72 | 0.047 | 0.2788 | 06/30/2025 |
| 3 | Goldman Sachs & Co. LLC (Private Banking) | 11,777,184 | 5,136,981 | 1,447,887,000.96 | 0.6117 | 0.4957 | 06/30/2025 |
| 4 | D. E. Shaw & Co. LP | 4,446,111 | 4,074,783 | 546,604,886.34 | 0.5295 | 0.1871 | 06/30/2025 |
| 5 | FIAM LLC | 2,215,504 | 2,214,996 | 272,374,061.76 | 0.1534 | 0.0932 | 06/30/2025 |
| 6 | UBS Securities LLC | 4,836,346 | 1,899,081 | 594,580,377.24 | 0.2547 | 0.2036 | 06/30/2025 |
| 7 | Invesco Asset Management Ltd. | 1,748,061 | 1,748,061 | 214,906,619.34 | 0.2421 | 0.0736 | 06/30/2025 |
| 8 | Alkeon Capital Management LLC | 1,625,000 | 1,625,000 | 199,777,500 | 0.8779 | 0.0684 | 06/30/2025 |
| 9 | Fidelity Management & Research (Hong Kong) Ltd. | 1,678,600 | 1,584,353 | 206,367,084 | 1.7036 | 0.0706 | 06/30/2025 |
| 10 | Axiom Investors LLC | 1,262,023 | 1,262,023 | 155,153,107.62 | 0.9671 | 0.0531 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | FIL Investments International | 84,517 | -9,593,241 | 10,390,519.98 | 0.0077 | 0.0036 | 06/30/2025 |
| 2 | BNP Paribas Financial Markets | 933,442 | -6,652,724 | 114,757,359.48 | 0.0839 | 0.0393 | 06/30/2025 |
| 3 | Appaloosa LP | 7,067,271 | -4,775,887 | 868,850,296.74 | 12.5681 | 0.2974 | 06/30/2025 |
| 4 | Morgan Stanley & Co. International Plc | 652,880 | -4,002,984 | 80,265,067.2 | 0.8505 | 0.0275 | 06/30/2025 |
| 5 | Alyeska Investment Group LP | 0 | -3,978,977 | 0 | 0 | 0 | |
| 6 | HHLR Advisors Ltd. | 1,149,700 | -3,737,600 | 141,344,118 | 1.105 | 0.0484 | 06/30/2025 |
| 7 | Dodge & Cox | 10,964,270 | -3,505,500 | 1,347,947,353.8 | 0.5481 | 0.4615 | 06/30/2025 |
| 8 | Lazard Asset Management LLC | 1,122,289 | -3,233,121 | 137,974,209.66 | 0.114 | 0.0472 | 06/30/2025 |
| 9 | T. Rowe Price International Ltd. | 589,271 | -3,006,013 | 72,444,976.74 | 0.0447 | 0.0248 | 06/30/2025 |
| 10 | Temasek Holdings Pte Ltd. (Investment Management) | 1,850,754 | -2,613,805 | 227,531,696.76 | 0.5303 | 0.0779 | 06/30/2025 |
Data provided by FactSet Research Systems Inc.