| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | First Eagle Investment Management LLC | 339,524,587 | -2,679,916 | 862,392,450.98 | 1.0617 | 2.1547 | 12/31/2024 |
| 2 | GQG Partners LLC | 196,676,003 | 67,180,274 | 499,557,047.62 | 0.4023 | 1.2481 | 12/31/2024 |
| 3 | Westwood Global Investments LLC | 102,488,993 | 466,471 | 260,322,042.22 | 7.7564 | 0.6504 | 12/31/2024 |
| 4 | Harding Loevner LP | 87,819,164 | -48,099,253 | 223,060,676.56 | 0.7755 | 0.5573 | 12/31/2024 |
| 5 | Massachusetts Financial Services Co. | 37,458,811 | -1,109,306 | 95,145,379.94 | 0.0321 | 0.2377 | 12/31/2024 |
| 6 | Renaissance Technologies LLC | 33,198,300 | -1,166,700 | 84,323,682 | 0.1256 | 0.2107 | 12/31/2024 |
| 7 | Seafarer Capital Partners LLC | 30,069,000 | 0 | 76,375,260 | 2.3835 | 0.1908 | 12/31/2024 |
| 8 | Ruffer LLP | 25,776,672 | -22,860,249 | 65,472,746.88 | 0.8783 | 0.1636 | 12/31/2024 |
| 9 | Quantex AG | 25,450,000 | 1,820,000 | 64,643,000 | 2.9702 | 0.1615 | 03/31/2025 |
| 10 | Morgan Stanley Latam LLC | 22,540,914 | 22,540,914 | 57,253,921.56 | 11.1488 | 0.143 | 12/31/2024 |
| 11 | Talaria Asset Management Pty Ltd. | 20,866,000 | 20,866,000 | 52,999,640 | 4.6186 | 0.1324 | 12/31/2024 |
| 12 | Arrowstreet Capital LP | 19,001,985 | 17,911,122 | 48,265,041.9 | 0.038 | 0.1206 | 12/31/2024 |
| 13 | Merrill Lynch International (Investment Management) | 18,637,866 | 18,637,866 | 47,340,179.64 | 0.2801 | 0.1183 | 12/31/2024 |
| 14 | Brandywine Global Investment Management LLC | 18,614,210 | 880,763 | 47,280,093.4 | 0.3428 | 0.1181 | 12/31/2024 |
| 15 | Loomis, Sayles & Co. LP | 17,875,266 | -456,556 | 45,403,175.64 | 0.061 | 0.1134 | 12/31/2024 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | First Eagle Global Fund | 166,791,911 | 9,629,693 | 423,651,453.94 | 0.9055 | 1.0585 | 01/31/2025 |
| 2 | GQG Partners Emerging Markets Equity Fund | 102,440,900 | 81,575,279 | 260,199,886 | 1.2601 | 0.6501 | 12/31/2024 |
| 3 | Fidelity Canadian Large Cap Fund | 85,000,000 | 85,000,000 | 215,900,000 | 3.2686 | 0.5394 | 02/28/2025 |
| 4 | First Eagle Overseas Fund | 75,441,038 | 2,540,694 | 191,620,236.52 | 1.5056 | 0.4788 | 01/31/2025 |
| 5 | Harding Loevner International Equity Portfolio | 43,202,694 | -25,157,459 | 109,734,842.76 | 0.8439 | 0.2742 | 12/31/2024 |
| 6 | Fidelity Canadian Large Cap Multi-Asset Base Fund | 42,200,000 | 42,200,000 | 107,188,000 | 3.2819 | 0.2678 | 02/28/2025 |
| 7 | Seafarer Overseas Growth & Income Fund | 29,000,000 | 0 | 73,660,000 | 2.3184 | 0.184 | 12/31/2024 |
| 8 | Quantex Global Value Fund | 21,000,000 | 1,000,000 | 53,340,000 | 2.9781 | 0.1333 | 03/31/2025 |
| 9 | First Eagle Amundi - International Fund | 19,066,686 | 0 | 48,429,382.44 | 0.8111 | 0.121 | 02/28/2025 |
| 10 | Fidelity Concentrated Value Investment Trust | 15,500,000 | 15,500,000 | 39,370,000 | 3.2736 | 0.0984 | 02/28/2025 |
| 11 | iShares Tr. - Latin America 40 ETF | 14,143,987 | 639,709 | 35,925,726.98 | 2.5367 | 0.0898 | 03/31/2025 |
| 12 | Fidelity Global Equity+ Fund | 13,176,757 | 13,176,757 | 33,468,962.78 | 1.012 | 0.0836 | 02/28/2025 |
| 13 | Fidelity Monthly Income Fund | 11,829,447 | 11,829,447 | 30,046,795.38 | 0.9278 | 0.0751 | 02/28/2025 |
| 14 | First Eagle Amundi - Income Builder Fund | 9,571,975 | -183,792 | 24,312,816.5 | 1.9459 | 0.0607 | 02/28/2025 |
| 15 | First Eagle Global Income Builder Fund | 9,345,635 | 1,310,747 | 23,737,912.9 | 1.6647 | 0.0593 | 01/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | GQG Partners LLC | 196,676,003 | 67,180,274 | 499,557,047.62 | 0.4023 | 1.2481 | 12/31/2024 |
| 2 | Morgan Stanley Latam LLC | 22,540,914 | 22,540,914 | 57,253,921.56 | 11.1488 | 0.143 | 12/31/2024 |
| 3 | Talaria Asset Management Pty Ltd. | 20,866,000 | 20,866,000 | 52,999,640 | 4.6186 | 0.1324 | 12/31/2024 |
| 4 | Merrill Lynch International (Investment Management) | 18,637,866 | 18,637,866 | 47,340,179.64 | 0.2801 | 0.1183 | 12/31/2024 |
| 5 | Arrowstreet Capital LP | 19,001,985 | 17,911,122 | 48,265,041.9 | 0.038 | 0.1206 | 12/31/2024 |
| 6 | Two Sigma Advisers LP | 16,354,000 | 12,546,800 | 41,539,160 | 0.0989 | 0.1038 | 12/31/2024 |
| 7 | Two Sigma Investments LP | 13,181,359 | 8,823,911 | 33,480,651.86 | 0.0809 | 0.0837 | 12/31/2024 |
| 8 | Canada Life Investment Management Ltd. | 15,639,612 | 7,862,672 | 39,724,614.48 | 0.0713 | 0.0993 | 12/31/2024 |
| 9 | Fidelity Investments Canada ULC | 7,250,000 | 7,250,000 | 18,415,000 | 0.0268 | 0.046 | 12/31/2024 |
| 10 | CORDA Investment Management LLC | 6,479,555 | 6,479,555 | 16,458,069.7 | 1.3196 | 0.0411 | 12/31/2024 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Sprucegrove Investment Management Ltd. | 7,677,698 | -60,420,955 | 19,501,352.92 | 0.4941 | 0.0487 | 12/31/2024 |
| 2 | Harding Loevner LP | 87,819,164 | -48,099,253 | 223,060,676.56 | 0.7755 | 0.5573 | 12/31/2024 |
| 3 | Ruffer LLP | 25,776,672 | -22,860,249 | 65,472,746.88 | 0.8783 | 0.1636 | 12/31/2024 |
| 4 | SEI Investments Management Corp. | 3,737,317 | -7,507,336 | 9,492,785.18 | 0.0118 | 0.0237 | 12/31/2024 |
| 5 | Marshall Wace LLP | 0 | -6,340,191 | 0 | 0 | 0 | |
| 6 | Pzena Investment Management LLC | 13,835,615 | -4,515,474 | 35,142,462.1 | 0.0705 | 0.0878 | 12/31/2024 |
| 7 | Envestnet Asset Management, Inc. | 2,965,481 | -3,315,045 | 7,532,321.74 | 0.0024 | 0.0188 | 03/31/2025 |
| 8 | BlackRock Fund Advisors | 15,049,942 | -3,167,129 | 38,226,852.68 | 0.001 | 0.0955 | 12/31/2024 |
| 9 | Millennium Management LLC | 1,476,906 | -3,115,927 | 3,751,341.24 | 0.0035 | 0.0094 | 12/31/2024 |
| 10 | D. E. Shaw & Co. LP | 471,804 | -2,843,353 | 1,198,382.16 | 0.0014 | 0.003 | 12/31/2024 |
Data provided by FactSet Research Systems Inc.