| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Bill & Melinda Gates Foundation Trust (Investment Management) | 6,214,719 | 0 | 578,590,338.9 | 1.1281 | 11.8329 | 12/31/2024 |
| 2 | Tweedy, Browne Co. LLC | 1,329,940 | -55,535 | 123,817,414 | 1.7916 | 2.5322 | 12/31/2024 |
| 3 | Robeco Institutional Asset Management BV | 1,245,370 | 176,868 | 115,943,947 | 0.1365 | 2.3712 | 03/31/2025 |
| 4 | Corvex Management LP | 1,066,108 | 619,931 | 99,254,654.8 | 3.1056 | 2.0299 | 12/31/2024 |
| 5 | Goldman Sachs Asset Management LP | 626,622 | -401,213 | 58,338,508.2 | 0.0158 | 1.1931 | 12/31/2024 |
| 6 | Lazard Asset Management LLC | 609,680 | -7,115 | 56,761,208 | 0.054 | 1.1608 | 12/31/2024 |
| 7 | Macquarie Investment Management Business Trust | 533,898 | 1,484 | 49,705,903.8 | 0.0537 | 1.0165 | 12/31/2024 |
| 8 | Fort Washington Investment Advisors, Inc. | 513,570 | -8,822 | 47,813,367 | 0.3012 | 0.9778 | 03/31/2025 |
| 9 | Cullen Capital Management LLC | 475,123 | -49,999 | 44,233,951.3 | 0.4505 | 0.9046 | 12/31/2024 |
| 10 | Invesco Capital Management LLC | 411,834 | 1,487 | 38,341,745.4 | 0.0125 | 0.7841 | 12/31/2024 |
| 11 | Merrill Lynch, Pierce, Fenner & Smith, Inc. (Invt Mgmt) | 348,264 | -90,824 | 32,423,378.4 | 0.0135 | 0.6631 | 12/31/2024 |
| 12 | First Eagle Investment Management LLC | 322,963 | 9,037 | 30,067,855.3 | 0.037 | 0.6149 | 12/31/2024 |
| 13 | Auto-Owners Insurance Co. (Investment Portfolio) | 300,000 | 0 | 27,930,000 | 0.6167 | 0.5712 | 12/31/2024 |
| 14 | JPMorgan Investment Management, Inc. | 270,621 | -29,146 | 25,194,815.1 | 0.0031 | 0.5153 | 12/31/2024 |
| 15 | Natixis Advisors LLC | 241,845 | 4,697 | 22,515,769.5 | 0.044 | 0.4605 | 12/31/2024 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Tweedy Browne International Value Fund | 1,013,053 | 0 | 94,315,234.3 | 1.801 | 1.9289 | 12/31/2024 |
| 2 | DWS Invest - Latin American Equities | 479,126 | 56,244 | 44,606,630.6 | 3.6239 | 0.9123 | 02/28/2025 |
| 3 | Robeco Capital Gr. Fds. - QI Emerging Conservative Equities | 394,751 | 0 | 36,751,318.1 | 1.3509 | 0.7516 | 02/28/2025 |
| 4 | Macquarie Emerging Markets Fund | 300,000 | 0 | 27,930,000 | 0.5305 | 0.5712 | 02/28/2025 |
| 5 | Touchstone Strategic Trust - Focused Fund | 277,274 | 0 | 25,814,209.4 | 2.1231 | 0.5279 | 03/31/2025 |
| 6 | Invesco International Dividend Achievers ETF | 213,288 | -197,059 | 19,857,112.8 | 2.3965 | 0.4061 | 03/31/2025 |
| 7 | Goldman Sachs Emerging Markets Equity Insights Fund | 207,742 | -19,490 | 19,340,780.2 | 0.8532 | 0.3955 | 01/31/2025 |
| 8 | First Eagle Global Income Builder Fund | 187,916 | 8,890 | 17,494,979.6 | 1.2269 | 0.3578 | 01/31/2025 |
| 9 | GS Funds - Emerging Markets CORE Equity Portfolio | 178,257 | -127,940 | 16,595,726.7 | 0.5437 | 0.3394 | 02/28/2025 |
| 10 | First Eagle Amundi - Income Builder Fund | 168,907 | 34,007 | 15,725,241.7 | 1.2586 | 0.3216 | 02/28/2025 |
| 11 | Larrainvial AM SICAV - Latin American Equity Fund | 145,629 | 0 | 13,558,059.9 | 1.3301 | 0.2773 | 06/30/2024 |
| 12 | JPMorgan Funds - Emerging Markets Opportunities Fund | 139,210 | -33,960 | 12,960,451 | 0.7505 | 0.2651 | 03/31/2025 |
| 13 | DWS Latin America Equity Fund | 98,439 | 8,873 | 9,164,670.9 | 3.492 | 0.1874 | 01/31/2025 |
| 14 | Lazard Glb. Active Fds. Plc - Emerging Markets Eq. Adv. Fd. | 82,974 | -13,569 | 7,724,879.4 | 1.0968 | 0.158 | 11/29/2024 |
| 15 | DFA Emerging Markets Core Equity Portfolio | 81,220 | -2,777 | 7,561,582 | 0.0271 | 0.1546 | 12/31/2024 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Corvex Management LP | 1,066,108 | 619,931 | 99,254,654.8 | 3.1056 | 2.0299 | 12/31/2024 |
| 2 | Robeco Institutional Asset Management BV | 1,245,370 | 176,868 | 115,943,947 | 0.1365 | 2.3712 | 03/31/2025 |
| 3 | Northern Trust Investments, Inc.(Investment Management) | 166,994 | 88,873 | 15,547,141.4 | 0.0026 | 0.318 | 12/31/2024 |
| 4 | BLI - Banque de Luxembourg Investments SA | 84,547 | 84,547 | 7,871,325.7 | 0.0898 | 0.161 | 12/31/2024 |
| 5 | Capital Research & Management Co. (World Investors) | 60,363 | 60,363 | 5,619,795.3 | 0.0007 | 0.1149 | 12/31/2024 |
| 6 | Broyhill Asset Management LLC | 43,435 | 43,435 | 4,043,798.5 | 3.5641 | 0.0827 | 12/31/2024 |
| 7 | Arrowstreet Capital LP | 102,856 | 32,674 | 9,575,893.6 | 0.0075 | 0.1958 | 12/31/2024 |
| 8 | BlackRock Financial Management, Inc. | 54,914 | 22,429 | 5,112,493.4 | 0.0038 | 0.1046 | 12/31/2024 |
| 9 | WCM Investment Management LLC | 35,364 | 21,390 | 3,292,388.4 | 0.0053 | 0.0673 | 03/31/2025 |
| 10 | BlackRock Fund Advisors | 200,188 | 19,816 | 18,637,502.8 | 0.0005 | 0.3812 | 12/31/2024 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Itau USA Asset Management, Inc. | 0 | -813,164 | 0 | 0 | 0 | |
| 2 | Goldman Sachs Asset Management LP | 626,622 | -401,213 | 58,338,508.2 | 0.0158 | 1.1931 | 12/31/2024 |
| 3 | Morgan Stanley & Co. LLC | 24,981 | -279,812 | 2,325,731.1 | 0.0009 | 0.0476 | 12/31/2024 |
| 4 | Marshall Wace LLP | 48,031 | -150,288 | 4,471,686.1 | 0.0058 | 0.0915 | 12/31/2024 |
| 5 | Crossmark Global Investments, Inc. | 0 | -109,881 | 0 | 0 | 0 | |
| 6 | Merrill Lynch, Pierce, Fenner & Smith, Inc. (Invt Mgmt) | 348,264 | -90,824 | 32,423,378.4 | 0.0135 | 0.6631 | 12/31/2024 |
| 7 | PanAgora Asset Management, Inc. | 0 | -83,699 | 0 | 0 | 0 | |
| 8 | Connor, Clark & Lunn Investment Management Ltd. | 200,566 | -60,483 | 18,672,694.6 | 0.0768 | 0.3819 | 12/31/2024 |
| 9 | Tweedy, Browne Co. LLC | 1,329,940 | -55,535 | 123,817,414 | 1.7916 | 2.5322 | 12/31/2024 |
| 10 | Cullen Capital Management LLC | 475,123 | -49,999 | 44,233,951.3 | 0.4505 | 0.9046 | 12/31/2024 |
Data provided by FactSet Research Systems Inc.