| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Letko, Brosseau & Associates Inc. | 6,714,721 | 238,576 | 59,828,164.11 | 1.0991 | 0.3998 | 03/31/2025 |
| 2 | The Vanguard Group, Inc. | 1,650,014 | -153,092 | 14,701,624.74 | 0.0002 | 0.0983 | 03/31/2025 |
| 3 | Goldman Sachs International | 1,170,011 | 1,170,011 | 10,424,798.01 | 0.1006 | 0.0697 | 03/31/2025 |
| 4 | SPX Gestao de Recursos Ltda. | 1,110,813 | 164,251 | 9,897,343.83 | 0.5019 | 0.0661 | 03/31/2025 |
| 5 | Robeco Institutional Asset Management BV | 895,324 | -654,722 | 7,977,336.84 | 0.0083 | 0.0533 | 03/31/2025 |
| 6 | Aperio Group LLC | 796,037 | 17,000 | 7,092,689.67 | 0.0064 | 0.0474 | 03/31/2025 |
| 7 | Parametric Portfolio Associates LLC | 749,246 | 421,190 | 6,675,781.86 | 0.002 | 0.0446 | 03/31/2025 |
| 8 | Optiver US LLC | 541,587 | -22,904 | 4,825,540.17 | 0.1529 | 0.0323 | 03/31/2025 |
| 9 | Itau USA Asset Management, Inc. | 513,255 | 513,255 | 4,573,102.05 | 0.1058 | 0.0306 | 03/31/2025 |
| 10 | BlackRock Asset Management Canada Ltd. | 300,061 | 71,124 | 2,673,543.51 | 0.0028 | 0.0179 | 03/31/2025 |
| 11 | American Century Investment Management, Inc. | 207,857 | 496 | 1,852,005.87 | 0.0008 | 0.0124 | 03/31/2025 |
| 12 | Sumitomo Mitsui Trust Asset Management Co., Ltd. | 204,600 | 0 | 1,822,986 | 0.0021 | 0.0122 | 11/25/2024 |
| 13 | Merrill Lynch International (Investment Management) | 196,675 | -592,256 | 1,752,374.25 | 0.0092 | 0.0117 | 03/31/2025 |
| 14 | Two Sigma Investments LP | 192,253 | 88,124 | 1,712,974.23 | 0.0034 | 0.0114 | 03/31/2025 |
| 15 | Morgan Stanley & Co. LLC | 181,998 | 961 | 1,621,602.18 | 0.0006 | 0.0108 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Vanguard Emerging Markets Stock Index Fund | 1,528,503 | -131,550 | 13,618,961.73 | 0.0108 | 0.091 | 05/31/2025 |
| 2 | Candoris ICAV - Letko Brosseau Global EM Equity Fund | 302,225 | 302,225 | 2,692,824.75 | 4.5091 | 0.018 | 01/31/2025 |
| 3 | iShares Global Infrastructure Index Fund | 300,061 | 63,942 | 2,673,543.51 | 0.5591 | 0.0179 | 05/30/2025 |
| 4 | SMTAM Emerging Country Equity Index Mother Fund | 204,600 | 0 | 1,822,986 | 0.1113 | 0.0122 | 11/25/2024 |
| 5 | Avantis Emerging Markets Equity ETF | 187,574 | 0 | 1,671,284.34 | 0.0158 | 0.0112 | 05/30/2025 |
| 6 | BNY Mellon Global Fds. Plc - Brazil Equity Fund | 161,414 | 21,550 | 1,438,198.74 | 4.2914 | 0.0096 | 04/30/2025 |
| 7 | DWS Invest - Latin American Equities | 127,914 | 127,914 | 1,139,713.74 | 0.0713 | 0.0076 | 05/30/2025 |
| 8 | Vanguard FTSE All World (ex-US) Index Fund | 112,597 | -21,542 | 1,003,239.27 | 0.0015 | 0.0067 | 05/31/2025 |
| 9 | SPDR S&P Kensho Clean Power ETF | 111,644 | 111,644 | 994,748.04 | 0.8173 | 0.0066 | 05/30/2025 |
| 10 | Vanguard Institutional Total Intl. Stock Market Index Trust | 99,391 | 0 | 885,573.81 | 0.0024 | 0.0059 | 04/30/2025 |
| 11 | HSBC ETFs Plc - MSCI Emerging Markets | 81,371 | -782 | 725,015.61 | 0.0253 | 0.0048 | 05/30/2025 |
| 12 | VanEck Low Carbon Energy ETF | 77,124 | 442 | 687,174.84 | 0.5601 | 0.0046 | 05/30/2025 |
| 13 | BlackRock ISF - iShares EM Screened Equity Index Fund (IE) | 73,763 | 0 | 657,228.33 | 0.1097 | 0.0044 | 05/31/2025 |
| 14 | Dimensional Emerging Core Equity Market ETF | 73,275 | 35,075 | 652,880.25 | 0.0108 | 0.0044 | 05/30/2025 |
| 15 | Russell Invt. Co. Plc - Emerging Markets Equity Fund | 54,166 | 0 | 482,619.06 | 0.0438 | 0.0032 | 09/30/2024 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Goldman Sachs International | 1,170,011 | 1,170,011 | 10,424,798.01 | 0.1006 | 0.0697 | 03/31/2025 |
| 2 | Itau USA Asset Management, Inc. | 513,255 | 513,255 | 4,573,102.05 | 0.1058 | 0.0306 | 03/31/2025 |
| 3 | Parametric Portfolio Associates LLC | 749,246 | 421,190 | 6,675,781.86 | 0.002 | 0.0446 | 03/31/2025 |
| 4 | Letko, Brosseau & Associates Inc. | 6,714,721 | 238,576 | 59,828,164.11 | 1.0991 | 0.3998 | 03/31/2025 |
| 5 | SPX Gestao de Recursos Ltda. | 1,110,813 | 164,251 | 9,897,343.83 | 0.5019 | 0.0661 | 03/31/2025 |
| 6 | SSgA Funds Management, Inc. | 123,089 | 123,089 | 1,096,722.99 | 0 | 0.0073 | 03/31/2025 |
| 7 | Renaissance Technologies LLC | 164,800 | 99,100 | 1,468,368 | 0.002 | 0.0098 | 03/31/2025 |
| 8 | Two Sigma Investments LP | 192,253 | 88,124 | 1,712,974.23 | 0.0034 | 0.0114 | 03/31/2025 |
| 9 | BlackRock Asset Management Canada Ltd. | 300,061 | 71,124 | 2,673,543.51 | 0.0028 | 0.0179 | 03/31/2025 |
| 10 | Raymond James & Associates, Inc. (Invt Mgmt) | 56,780 | 56,780 | 505,909.8 | 0.0003 | 0.0034 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Robeco Institutional Asset Management BV | 895,324 | -654,722 | 7,977,336.84 | 0.0083 | 0.0533 | 03/31/2025 |
| 2 | Merrill Lynch International (Investment Management) | 196,675 | -592,256 | 1,752,374.25 | 0.0092 | 0.0117 | 03/31/2025 |
| 3 | Goldman Sachs & Co. LLC (Private Banking) | 0 | -354,498 | 0 | 0 | 0 | |
| 4 | Jane Street Capital LLC | 21,208 | -188,020 | 188,963.28 | 0.0003 | 0.0013 | 03/31/2025 |
| 5 | Millennium Management LLC | 0 | -186,108 | 0 | 0 | 0 | |
| 6 | The Vanguard Group, Inc. | 1,650,014 | -153,092 | 14,701,624.74 | 0.0002 | 0.0983 | 03/31/2025 |
| 7 | Guggenheim Partners Investment Management LLC | 38,821 | -119,085 | 345,895.11 | 0.0044 | 0.0023 | 03/31/2025 |
| 8 | Qube Research & Technologies Ltd. | 0 | -74,565 | 0 | 0 | 0 | |
| 9 | Citadel Securities LLC | 0 | -73,897 | 0 | 0 | 0 | |
| 10 | Manulife Investment Management (US) LLC | 0 | -69,443 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.