| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Dodge & Cox | 95,023,835 | 45,401,826 | 852,363,799.95 | 0.348 | 6.5575 | 06/30/2025 |
| 2 | Fidelity Management & Research Co. LLC | 51,674,959 | 35,981,809 | 463,524,382.23 | 0.0267 | 3.566 | 06/30/2025 |
| 3 | Brandes Investment Partners LP | 32,648,163 | 8,414,328 | 292,854,022.11 | 1.4056 | 2.253 | 06/30/2025 |
| 4 | Orbis Investment Management Ltd. | 26,300,519 | 19,886,160 | 235,915,655.43 | 0.6585 | 1.815 | 06/30/2025 |
| 5 | UBS Asset Management (Americas) LLC | 26,227,500 | -1,188,600 | 235,260,675 | 0.1738 | 1.8099 | 06/30/2025 |
| 6 | Lazard Asset Management LLC | 26,183,191 | -10,653,322 | 234,863,223.27 | 0.1955 | 1.8069 | 06/30/2025 |
| 7 | FIAM LLC | 20,604,222 | 16,489,322 | 184,819,871.34 | 0.1041 | 1.4219 | 06/30/2025 |
| 8 | PointState Capital LP | 19,974,901 | 19,974,901 | 179,174,861.97 | 3.5018 | 1.3784 | 06/30/2025 |
| 9 | Oaktree Capital Management LP | 14,839,032 | 250,000 | 133,106,117.04 | 2.1552 | 1.024 | 06/30/2025 |
| 10 | Dimensional Fund Advisors LP | 10,493,464 | 514,798 | 94,126,372.08 | 0.015 | 0.7241 | 06/30/2025 |
| 11 | J.O. Hambro Capital Management Ltd. | 9,139,920 | -238,727 | 81,985,082.4 | 0.467 | 0.6307 | 06/30/2025 |
| 12 | UBS Asset Management (UK) Ltd. | 8,781,739 | -222,200 | 78,772,198.83 | 0.0362 | 0.606 | 06/30/2025 |
| 13 | Robeco Institutional Asset Management BV | 6,727,119 | 469,837 | 60,342,257.43 | 0.0591 | 0.4642 | 06/30/2025 |
| 14 | UBS Asset Management (Singapore) Ltd. | 6,357,600 | 129,800 | 57,027,672 | 1.5318 | 0.4387 | 04/30/2025 |
| 15 | Macquarie Investment Management Business Trust | 6,318,165 | 169,190 | 56,673,940.05 | 0.0596 | 0.436 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Dodge & Cox International Stock Fund | 73,288,735 | 73,288,735 | 657,399,952.95 | 1.1287 | 5.0576 | 06/30/2025 |
| 2 | Fidelity Inv. Trust - Emerging Markets Opportunities Fund | 16,719,800 | 0 | 149,976,606 | 0.6071 | 1.1538 | 06/30/2025 |
| 3 | Fidelity Advisor Focused Emerging Markets Fund | 14,822,099 | 14,822,099 | 132,954,228.03 | 1.5325 | 1.0229 | 06/30/2025 |
| 4 | Dodge & Cox Global Stock Fund | 9,632,700 | 9,632,700 | 86,405,319 | 0.7003 | 0.6647 | 06/30/2025 |
| 5 | Strategic Advisers Fidelity Emerging Markets Fund | 8,569,800 | 8,569,800 | 76,871,106 | 0.2743 | 0.5914 | 06/30/2025 |
| 6 | St. James's Place Unit Trust - Emerging Markets Equity | 7,643,517 | 408,540 | 68,562,347.49 | 0.6658 | 0.5275 | 03/31/2025 |
| 7 | Redwheel Emerging Markets Equity Fund Ltd. | 7,388,367 | 0 | 66,273,651.99 | 2.011 | 0.5099 | 06/28/2024 |
| 8 | Macquarie Emerging Markets Fund | 5,100,000 | 0 | 45,747,000 | 0.7106 | 0.3519 | 06/30/2025 |
| 9 | Dodge & Cox Worldwide Funds - Global Stock Fund | 4,876,000 | 4,876,000 | 43,737,720 | 0.6992 | 0.3365 | 03/31/2025 |
| 10 | FIAM Emerging Markets Opportunities Commingled Pool | 4,693,900 | -381,100 | 42,104,283 | 0.5753 | 0.3239 | 06/30/2025 |
| 11 | Deka - GlobalChampions | 4,000,000 | 0 | 35,880,000 | 0.275 | 0.276 | 05/31/2025 |
| 12 | Lazard Emerging Markets Equity Portfolio | 3,997,732 | -2,876,760 | 35,859,656.04 | 0.725 | 0.2759 | 07/31/2025 |
| 13 | JOHCM Emerging Markets Opportunities Fund | 3,909,946 | -59,500 | 35,072,215.62 | 2.7549 | 0.2698 | 06/30/2025 |
| 14 | UBS Investment Funds ICVC - Global Emerging Markets Equity | 3,671,189 | 0 | 32,930,565.33 | 2.2318 | 0.2533 | 04/30/2025 |
| 15 | Brandes International Equity Fund | 3,633,075 | 1,262,244 | 32,588,682.75 | 1.8539 | 0.2507 | 07/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Dodge & Cox | 95,023,835 | 45,401,826 | 852,363,799.95 | 0.348 | 6.5575 | 06/30/2025 |
| 2 | Fidelity Management & Research Co. LLC | 51,674,959 | 35,981,809 | 463,524,382.23 | 0.0267 | 3.566 | 06/30/2025 |
| 3 | PointState Capital LP | 19,974,901 | 19,974,901 | 179,174,861.97 | 3.5018 | 1.3784 | 06/30/2025 |
| 4 | Orbis Investment Management Ltd. | 26,300,519 | 19,886,160 | 235,915,655.43 | 0.6585 | 1.815 | 06/30/2025 |
| 5 | FIAM LLC | 20,604,222 | 16,489,322 | 184,819,871.34 | 0.1041 | 1.4219 | 06/30/2025 |
| 6 | Brandes Investment Partners LP | 32,648,163 | 8,414,328 | 292,854,022.11 | 1.4056 | 2.253 | 06/30/2025 |
| 7 | Hill City Capital LP | 4,252,500 | 4,252,500 | 38,144,925 | 1.8248 | 0.2935 | 06/30/2025 |
| 8 | Goldman Sachs Asset Management LP | 4,758,213 | 3,441,489 | 42,681,170.61 | 0.0097 | 0.3284 | 06/30/2025 |
| 9 | Verition Fund Management LLC | 3,472,687 | 3,390,439 | 31,150,002.39 | 0.163 | 0.2396 | 06/30/2025 |
| 10 | Numeric Investors LLC | 3,319,643 | 3,142,888 | 29,777,197.71 | 0.0874 | 0.2291 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Baillie Gifford & Co. | 0 | -31,697,814 | 0 | 0 | 0 | |
| 2 | Schroder Investment Management Ltd. | 0 | -16,131,072 | 0 | 0 | 0 | |
| 3 | RWC Asset Advisors (US) LLC | 0 | -12,039,601 | 0 | 0 | 0 | |
| 4 | Lazard Asset Management LLC | 26,183,191 | -10,653,322 | 234,863,223.27 | 0.1955 | 1.8069 | 06/30/2025 |
| 5 | Millennium Management LLC | 0 | -9,541,707 | 0 | 0 | 0 | |
| 6 | Antipodes Partners Ltd. | 6,018,838 | -9,238,072 | 53,988,976.86 | 1.3885 | 0.4154 | 06/30/2025 |
| 7 | Voloridge Investment Management LLC | 0 | -8,031,875 | 0 | 0 | 0 | |
| 8 | Schroder Investment Management North America, Inc. | 3,120,965 | -7,487,070 | 27,995,056.05 | 0.03 | 0.2154 | 06/30/2025 |
| 9 | RWC Asset Management LLP | 0 | -5,862,677 | 0 | 0 | 0 | |
| 10 | BlackRock Investment Management (UK) Ltd. | 1,257,171 | -3,710,739 | 11,276,823.87 | 0.0015 | 0.0868 | 06/30/2025 |
Data provided by FactSet Research Systems Inc.