| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Long Focus Capital Management LLC | 5,932,943 | 0 | 3,085,130.36 | 0.1925 | 5.3012 | 03/31/2025 |
| 2 | J.O. Hambro Capital Management Ltd. | 2,389,876 | -84,100 | 1,242,735.52 | 0.0067 | 2.1354 | 03/31/2025 |
| 3 | BlackRock Investment Management (UK) Ltd. | 2,225,285 | 2,225,285 | 1,157,148.2 | 0.0002 | 1.9883 | 04/30/2025 |
| 4 | Morgan Stanley Latam LLC | 2,048,342 | 1,892,504 | 1,065,137.84 | 0.7288 | 1.8302 | 03/31/2025 |
| 5 | UBS Securities LLC | 1,131,079 | 1,013,207 | 588,161.08 | 0.0002 | 1.0106 | 03/31/2025 |
| 6 | Kapitalo Investimentos Ltda. | 866,282 | 327,421 | 450,466.64 | 0.0156 | 0.774 | 03/31/2025 |
| 7 | BTG Pactual WM Gestao de Recursos Ltda. | 400,000 | 0 | 208,000 | 0.0056 | 0.3574 | 02/28/2025 |
| 8 | Fidelity Management & Research Co. LLC | 293,475 | 293,475 | 152,607 | 0 | 0.2622 | 04/30/2025 |
| 9 | Millennium Management LLC | 198,301 | -196,227 | 103,116.52 | 0.0001 | 0.1772 | 03/31/2025 |
| 10 | Fore Capital LLC | 190,000 | 90,000 | 98,800 | 0.12 | 0.1698 | 03/31/2025 |
| 11 | Schonfeld Strategic Advisors LLC | 129,513 | -310,801 | 67,346.76 | 0.0004 | 0.1157 | 03/31/2025 |
| 12 | XTX Markets LLC | 124,906 | -3,927 | 64,951.12 | 0.003 | 0.1116 | 03/31/2025 |
| 13 | Mirae Asset Global Investments (USA) LLC | 122,800 | 0 | 63,856 | 0.0002 | 0.1097 | 03/31/2025 |
| 14 | Goldman Sachs Asset Management International | 120,011 | 0 | 62,405.72 | 0.0005 | 0.1072 | 11/30/2024 |
| 15 | SLGI Asset Management, Inc. | 79,849 | 0 | 41,521.48 | 0.0009 | 0.0713 | 12/31/2024 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | BlackRock Strategic Fds. - Emerging Markets Equity Strategies | 2,225,285 | 2,225,285 | 1,157,148.2 | 0.1756 | 1.9883 | 04/30/2025 |
| 2 | JOHCM Emerging Markets Opportunities Fund | 1,091,964 | 0 | 567,821.28 | 0.0459 | 0.9757 | 03/31/2025 |
| 3 | LAB Fundo de Investimento em Acoes IE | 400,000 | 0 | 208,000 | 0.0825 | 0.3574 | 02/28/2025 |
| 4 | JOHCM Umbrella Fund Plc - Glb. Emerging Markets Opportunities | 260,414 | -12,400 | 135,415.28 | 0.0466 | 0.2327 | 05/31/2025 |
| 5 | Fidelity Emerging Markets Debt Multi-Asset Base Fund | 242,279 | 242,279 | 125,985.08 | 0.5237 | 0.2165 | 04/30/2025 |
| 6 | GS Funds II - GMS Emer. Markets Equity Portfolio | 120,011 | 0 | 62,405.72 | 0.0152 | 0.1072 | 11/30/2024 |
| 7 | Sun Life Acadian International Equity Fund | 79,849 | 0 | 41,521.48 | 0.0047 | 0.0713 | 12/31/2024 |
| 8 | Fidelity Global Monthly Income Fund - Canada | 68,249 | 68,249 | 35,489.48 | 0.0019 | 0.061 | 04/30/2025 |
| 9 | Federated Hermes Emerging Markets Core Fund | 58,450 | 58,450 | 30,394 | 0.1199 | 0.0522 | 04/30/2025 |
| 10 | EuroBIC Brasil FI Alternativo Mobiliario Aberto | 40,000 | 0 | 20,800 | 0.976 | 0.0357 | 03/31/2025 |
| 11 | Invesco Global ex-US High Yield Corporate Bond ETF | 38,282 | 38,282 | 19,906.64 | 0.4644 | 0.0342 | 06/30/2025 |
| 12 | VanEck Emerging Markets High Yield Bond ETF | 33,497 | 33,497 | 17,418.44 | 0.3714 | 0.0299 | 06/30/2025 |
| 13 | Fidelity US Monthly Income Fund | 31,575 | 31,575 | 16,419 | 0.0021 | 0.0282 | 04/30/2025 |
| 14 | Dimensional Funds ICVC - Emerging Markets Core Equity Fund | 30,974 | 0 | 16,106.48 | 0.0007 | 0.0277 | 12/31/2024 |
| 15 | BlackRock Index Selection Fund - Mrkt. Advantage Strategy Fund | 29,286 | 29,286 | 15,228.72 | 0.0189 | 0.0262 | 04/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | BlackRock Investment Management (UK) Ltd. | 2,225,285 | 2,225,285 | 1,157,148.2 | 0.0002 | 1.9883 | 04/30/2025 |
| 2 | Morgan Stanley Latam LLC | 2,048,342 | 1,892,504 | 1,065,137.84 | 0.7288 | 1.8302 | 03/31/2025 |
| 3 | UBS Securities LLC | 1,131,079 | 1,013,207 | 588,161.08 | 0.0002 | 1.0106 | 03/31/2025 |
| 4 | Kapitalo Investimentos Ltda. | 866,282 | 327,421 | 450,466.64 | 0.0156 | 0.774 | 03/31/2025 |
| 5 | Fidelity Management & Research Co. LLC | 293,475 | 293,475 | 152,607 | 0 | 0.2622 | 04/30/2025 |
| 6 | Fore Capital LLC | 190,000 | 90,000 | 98,800 | 0.12 | 0.1698 | 03/31/2025 |
| 7 | Fidelity Investments Canada ULC | 68,249 | 68,249 | 35,489.48 | 0 | 0.061 | 04/30/2025 |
| 8 | Arrowpoint Investment Partners (Singapore) Pte Ltd. | 58,777 | 58,777 | 30,564.04 | 0.0122 | 0.0525 | 03/31/2025 |
| 9 | Federated Investment Management Co. | 58,450 | 58,450 | 30,394 | 0.0001 | 0.0522 | 04/30/2025 |
| 10 | Citadel Securities LLC | 49,017 | 49,017 | 25,488.84 | 0.0001 | 0.0438 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Whitebox Advisors LLC | 0 | -559,775 | 0 | 0 | 0 | |
| 2 | Schonfeld Strategic Advisors LLC | 129,513 | -310,801 | 67,346.76 | 0.0004 | 0.1157 | 03/31/2025 |
| 3 | Group One Trading LLC | 0 | -210,144 | 0 | 0 | 0 | |
| 4 | Millennium Management LLC | 198,301 | -196,227 | 103,116.52 | 0.0001 | 0.1772 | 03/31/2025 |
| 5 | Two Sigma Investments LP | 0 | -191,019 | 0 | 0 | 0 | |
| 6 | Virtu Americas LLC | 0 | -131,565 | 0 | 0 | 0 | |
| 7 | Acadian Asset Management LLC | 0 | -96,085 | 0 | 0 | 0 | |
| 8 | J.O. Hambro Capital Management Ltd. | 2,389,876 | -84,100 | 1,242,735.52 | 0.0067 | 2.1354 | 03/31/2025 |
| 9 | Goldman Sachs & Co. LLC (Private Banking) | 0 | -57,307 | 0 | 0 | 0 | |
| 10 | Torno Capital LLC | 0 | -55,000 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.