| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Krane Funds Advisors LLC | 21,740,065 | -23,704 | 50,654,351.45 | 0.5469 | 4.1392 | 06/30/2025 |
| 2 | Robeco Institutional Asset Management BV | 21,036,227 | -3,321,427 | 49,014,408.91 | 0.0479 | 4.0052 | 06/30/2025 |
| 3 | D. E. Shaw & Co. LP | 15,140,561 | 12,726,700 | 35,277,507.13 | 0.0343 | 2.8827 | 06/30/2025 |
| 4 | The Vanguard Group, Inc. | 14,708,538 | 816,782 | 34,270,893.54 | 0.0005 | 2.8004 | 06/30/2025 |
| 5 | Norges Bank Investment Management | 10,478,846 | 8,531,385 | 24,415,711.18 | 0.0017 | 1.9951 | 06/30/2025 |
| 6 | Morgan Stanley & Co. LLC | 10,434,862 | 5,602,989 | 24,313,228.46 | 0.0086 | 1.9868 | 06/30/2025 |
| 7 | Dimensional Fund Advisors LP | 9,264,379 | -794,138 | 21,586,003.07 | 0.0035 | 1.7639 | 06/30/2025 |
| 8 | Triata Capital Ltd. | 8,324,800 | 8,324,800 | 19,396,784 | 3.5109 | 1.585 | 06/30/2025 |
| 9 | BlackRock Fund Advisors | 8,276,651 | 384,673 | 19,284,596.83 | 0.0004 | 1.5758 | 06/30/2025 |
| 10 | Barclays Capital, Inc. | 6,660,504 | 6,660,504 | 15,518,974.32 | 0.0238 | 1.2681 | 06/30/2025 |
| 11 | BNP Paribas Financial Markets | 6,614,955 | 4,858,443 | 15,412,845.15 | 0.0115 | 1.2595 | 06/30/2025 |
| 12 | SSgA Funds Management, Inc. | 6,585,422 | 1,465,825 | 15,344,033.26 | 0.0005 | 1.2538 | 06/30/2025 |
| 13 | Renaissance Technologies LLC | 5,357,700 | 5,357,700 | 12,483,441 | 0.0161 | 1.0201 | 06/30/2025 |
| 14 | Two Sigma Advisers LP | 4,564,000 | 4,564,000 | 10,634,120 | 0.0211 | 0.869 | 06/30/2025 |
| 15 | Vanguard Fiduciary Trust Co. | 4,251,708 | 211,259 | 9,906,479.64 | 0.01 | 0.8095 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Robeco Capital Gr. Fds. - Emerging Stars Equities | 8,848,277 | 0 | 20,616,485.41 | 0.7169 | 1.6847 | 06/30/2025 |
| 2 | Vanguard Total International Stock Index Fund | 7,102,355 | 331,638 | 16,548,487.15 | 0.0031 | 1.3523 | 07/31/2025 |
| 3 | Vanguard Emerging Markets Stock Index Fund | 6,289,855 | 303,679 | 14,655,362.15 | 0.0108 | 1.1976 | 07/31/2025 |
| 4 | iShares Core MSCI Emerging Markets ETF | 4,387,299 | 342,875 | 10,222,406.67 | 0.01 | 0.8353 | 07/31/2025 |
| 5 | BOCOM Schroder CSI Overseas China Internet Index Fund | 3,983,743 | 0 | 9,282,121.19 | 0.5912 | 0.7585 | 12/31/2024 |
| 6 | DFA Emerging Markets Core Equity 2 Portfolio | 3,953,410 | 0 | 9,211,445.3 | 0.0285 | 0.7527 | 04/30/2025 |
| 7 | Vanguard Institutional Total Intl. Stock Market Index Tr. II | 3,703,552 | 211,259 | 8,629,276.16 | 0.0031 | 0.7051 | 06/30/2025 |
| 8 | Government Pension Fund - Global (The) | 3,485,865 | 0 | 8,122,065.45 | 0.0005 | 0.6637 | 12/31/2024 |
| 9 | Harvest Global Internet Stock Fund | 3,020,000 | 0 | 7,036,600 | 4.0115 | 0.575 | 12/31/2024 |
| 10 | FP Brunel Pension Partnership ACS - Emerging Markets Equity Fd | 2,932,943 | 0 | 6,833,757.19 | 0.405 | 0.5584 | 09/30/2024 |
| 11 | Schwab Fundamental Emerging Markets Equity ETF | 2,736,714 | 2,736,714 | 6,376,543.62 | 0.0868 | 0.5211 | 07/31/2025 |
| 12 | SPDR S&P Kensho New Economies Composite ETF | 2,602,855 | 1,386,277 | 6,064,652.15 | 0.2528 | 0.4956 | 07/31/2025 |
| 13 | Stichting Pensioenfonds ABP (Global Equity Portfolio) | 2,489,989 | 0 | 5,801,674.37 | 0.0014 | 0.4741 | 12/31/2023 |
| 14 | DFA Dimensional Emerging Markets Value Fund | 1,808,670 | 0 | 4,214,201.1 | 0.0331 | 0.3444 | 04/30/2025 |
| 15 | CREF Stock Account | 1,244,439 | 901,139 | 2,899,542.87 | 0.0022 | 0.2369 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | D. E. Shaw & Co. LP | 15,140,561 | 12,726,700 | 35,277,507.13 | 0.0343 | 2.8827 | 06/30/2025 |
| 2 | Norges Bank Investment Management | 10,478,846 | 8,531,385 | 24,415,711.18 | 0.0017 | 1.9951 | 06/30/2025 |
| 3 | Triata Capital Ltd. | 8,324,800 | 8,324,800 | 19,396,784 | 3.5109 | 1.585 | 06/30/2025 |
| 4 | Barclays Capital, Inc. | 6,660,504 | 6,660,504 | 15,518,974.32 | 0.0238 | 1.2681 | 06/30/2025 |
| 5 | Morgan Stanley & Co. LLC | 10,434,862 | 5,602,989 | 24,313,228.46 | 0.0086 | 1.9868 | 06/30/2025 |
| 6 | Renaissance Technologies LLC | 5,357,700 | 5,357,700 | 12,483,441 | 0.0161 | 1.0201 | 06/30/2025 |
| 7 | BNP Paribas Financial Markets | 6,614,955 | 4,858,443 | 15,412,845.15 | 0.0115 | 1.2595 | 06/30/2025 |
| 8 | Two Sigma Advisers LP | 4,564,000 | 4,564,000 | 10,634,120 | 0.0211 | 0.869 | 06/30/2025 |
| 9 | Charles Schwab Investment Management, Inc. | 3,710,650 | 3,168,011 | 8,645,814.5 | 0.001 | 0.7065 | 06/30/2025 |
| 10 | UBS Switzerland AG (Investment Management) | 2,942,704 | 2,128,688 | 6,856,500.32 | 0.0171 | 0.5603 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Orbis Investment Management Ltd. | 0 | -17,663,971 | 0 | 0 | 0 | |
| 2 | HSBC Bank Plc (Broker) | 330 | -12,297,212 | 768.9 | 0 | 0.0001 | 06/30/2025 |
| 3 | Hermes Investment Management Ltd. | 0 | -6,484,221 | 0 | 0 | 0 | |
| 4 | Goldman Sachs & Co. LLC (Private Banking) | 4,231,629 | -4,576,644 | 9,859,695.57 | 0.0042 | 0.8057 | 06/30/2025 |
| 5 | Genesis Investment Management LLP | 0 | -3,921,494 | 0 | 0 | 0 | |
| 6 | Woodline Partners LP | 0 | -3,392,222 | 0 | 0 | 0 | |
| 7 | Robeco Institutional Asset Management BV | 21,036,227 | -3,321,427 | 49,014,408.91 | 0.0479 | 4.0052 | 06/30/2025 |
| 8 | Barclays Bank Plc (Private Banking) | 375,365 | -3,257,451 | 874,600.45 | 0.0003 | 0.0715 | 06/30/2025 |
| 9 | UBS Securities LLC | 3,806,195 | -3,252,998 | 8,868,434.35 | 0.0038 | 0.7247 | 06/30/2025 |
| 10 | FIL Investment Management (Hong Kong) Ltd. | 0 | -3,109,051 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.