| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Dodge & Cox | 18,705,949 | 1,982,508 | 596,345,654.12 | 0.2425 | 1.2905 | 06/30/2025 |
| 2 | Invesco Advisers, Inc. | 11,710,139 | -161,377 | 373,319,231.32 | 0.1545 | 0.8079 | 06/30/2025 |
| 3 | Newlands Management Operations LLC | 11,693,590 | 0 | 372,791,649.2 | 1.8727 | 0.8067 | 06/30/2025 |
| 4 | Appaloosa LP | 7,000,000 | -3,465,885 | 223,160,000 | 3.2281 | 0.4829 | 06/30/2025 |
| 5 | Fidelity Investments Canada ULC | 6,690,000 | 3,402,000 | 213,277,200 | 0.2621 | 0.4615 | 06/30/2025 |
| 6 | Coreview Capital Management Ltd. | 6,491,682 | 91,971 | 206,954,822.16 | 24.5005 | 0.4479 | 06/30/2025 |
| 7 | Discerene Group LP | 6,210,851 | 656,000 | 198,001,929.88 | 21.1363 | 0.4285 | 06/30/2025 |
| 8 | Marshall Wace LLP | 5,335,961 | 3,962,617 | 170,110,436.68 | 0.1912 | 0.3681 | 06/30/2025 |
| 9 | Hermes Investment Management Ltd. | 4,547,070 | 1,844,839 | 144,960,591.6 | 0.8571 | 0.3137 | 06/30/2025 |
| 10 | Robeco Institutional Asset Management BV | 4,044,773 | 731,073 | 128,947,363.24 | 0.1255 | 0.279 | 06/30/2025 |
| 11 | Alkeon Capital Management LLC | 4,023,802 | 246,530 | 128,278,807.76 | 0.5637 | 0.2776 | 06/30/2025 |
| 12 | North of South Capital LLP | 3,974,215 | 1,074,407 | 126,697,974.2 | 4.3618 | 0.2742 | 06/30/2025 |
| 13 | Morgan Stanley & Co. LLC | 3,928,078 | -7,521,772 | 125,227,126.64 | 0.0439 | 0.271 | 06/30/2025 |
| 14 | Numeric Investors LLC | 3,618,305 | 1,472,635 | 115,351,563.4 | 0.3384 | 0.2496 | 06/30/2025 |
| 15 | Fisher Asset Management LLC | 3,433,935 | -629,862 | 109,473,847.8 | 0.0406 | 0.2369 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Government Pension Fund - Global (The) | 20,359,928 | 0 | 649,074,504.64 | 0.0415 | 1.4046 | 12/31/2024 |
| 2 | Dodge & Cox International Stock Fund | 14,183,748 | 847,908 | 452,177,886.24 | 0.7693 | 0.9785 | 06/30/2025 |
| 3 | Invesco Global Fund | 6,478,091 | 0 | 206,521,541.08 | 2.2032 | 0.4469 | 06/30/2025 |
| 4 | Stichting Pensioenfonds ABP (Global Equity Portfolio) | 6,347,244 | 0 | 202,350,138.72 | 0.0493 | 0.4379 | 12/31/2023 |
| 5 | Allianz Global Investors Fund - Artificial Intelligence | 3,246,425 | 1,318,720 | 103,496,029 | 1.2976 | 0.224 | 04/30/2025 |
| 6 | Hermes Invt. Funds - Asia (ex-Japan) Equity Fund | 3,077,439 | 1,425,622 | 98,108,755.32 | 2.3584 | 0.2123 | 05/30/2025 |
| 7 | Schwab Fundamental Emerging Markets Equity ETF | 2,961,030 | 831,055 | 94,397,636.4 | 1.2869 | 0.2043 | 07/31/2025 |
| 8 | ACAP Strategic Fund | 2,235,332 | 386,551 | 71,262,384.16 | 0.686 | 0.1542 | 03/31/2025 |
| 9 | Dodge & Cox Global Stock Fund | 2,113,746 | 617,100 | 67,386,222.48 | 0.5427 | 0.1458 | 06/30/2025 |
| 10 | Fidelity Canadian Large Cap Fund | 2,100,000 | 600,000 | 66,948,000 | 0.8944 | 0.1449 | 05/31/2025 |
| 11 | Fidelity Canadian Large Cap Multi-Asset Base Fund | 1,820,000 | 1,075,000 | 58,021,600 | 1.505 | 0.1256 | 06/30/2025 |
| 12 | Robeco Capital Gr. Fds. - Emerging Stars Equities | 1,679,040 | 291,192 | 53,527,795.2 | 1.8684 | 0.1158 | 06/30/2025 |
| 13 | Strategic Advisers Fidelity Emerging Markets Fund | 1,621,616 | -1,154,237 | 51,697,118.08 | 0.1838 | 0.1119 | 06/30/2025 |
| 14 | Pacific Capital UCITS Funds Plc - North of South EM | 1,593,588 | 0 | 50,803,585.44 | 1.9509 | 0.1099 | 12/31/2024 |
| 15 | Caisse de depot et placement du Quebec Fund - Portfolio | 1,389,824 | 0 | 44,307,589.12 | 0.0133 | 0.0959 | 12/31/2024 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Marshall Wace LLP | 5,335,961 | 3,962,617 | 170,110,436.68 | 0.1912 | 0.3681 | 06/30/2025 |
| 2 | Fidelity Investments Canada ULC | 6,690,000 | 3,402,000 | 213,277,200 | 0.2621 | 0.4615 | 06/30/2025 |
| 3 | Dodge & Cox | 18,705,949 | 1,982,508 | 596,345,654.12 | 0.2425 | 1.2905 | 06/30/2025 |
| 4 | Hermes Investment Management Ltd. | 4,547,070 | 1,844,839 | 144,960,591.6 | 0.8571 | 0.3137 | 06/30/2025 |
| 5 | Susquehanna Pacific Pty Ltd. | 1,549,162 | 1,549,162 | 49,387,284.56 | 12.0729 | 0.1069 | 06/30/2025 |
| 6 | Numeric Investors LLC | 3,618,305 | 1,472,635 | 115,351,563.4 | 0.3384 | 0.2496 | 06/30/2025 |
| 7 | Bank of America, NA (Private Banking) | 1,636,099 | 1,463,467 | 52,158,836.12 | 0.0167 | 0.1129 | 06/30/2025 |
| 8 | Crake Asset Management LLP | 1,286,000 | 1,286,000 | 40,997,680 | 2.071 | 0.0887 | 06/30/2025 |
| 9 | BofA Securities, Inc. | 1,629,747 | 1,208,517 | 51,956,334.36 | 0.0943 | 0.1124 | 06/30/2025 |
| 10 | Susquehanna Financial Group LLLP | 2,160,259 | 1,093,368 | 68,869,056.92 | 0.1034 | 0.149 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Fidelity Management & Research Co. LLC | 2,719,131 | -19,761,672 | 86,685,896.28 | 0.005 | 0.1876 | 06/30/2025 |
| 2 | Morgan Stanley & Co. LLC | 3,928,078 | -7,521,772 | 125,227,126.64 | 0.0439 | 0.271 | 06/30/2025 |
| 3 | Lazard Asset Management LLC | 515,263 | -5,859,736 | 16,426,584.44 | 0.0136 | 0.0355 | 06/30/2025 |
| 4 | Schroder Investment Management (Hong Kong) Ltd. | 0 | -5,157,786 | 0 | 0 | 0 | |
| 5 | Temasek Holdings Pte Ltd. (Investment Management) | 589,256 | -4,036,234 | 18,785,481.28 | 0.0438 | 0.0407 | 06/30/2025 |
| 6 | Point72 Asset Management LP | 938,560 | -3,803,434 | 29,921,292.8 | 0.0596 | 0.0648 | 06/30/2025 |
| 7 | Morgan Stanley & Co. International Plc | 261,308 | -3,611,715 | 8,330,499.04 | 0.0883 | 0.018 | 06/30/2025 |
| 8 | Millennium Management LLC | 1,114,991 | -3,579,191 | 35,545,913.08 | 0.0304 | 0.0769 | 06/30/2025 |
| 9 | Jane Street Capital LLC | 1,496,190 | -3,486,384 | 47,698,537.2 | 0.0704 | 0.1032 | 06/30/2025 |
| 10 | Appaloosa LP | 7,000,000 | -3,465,885 | 223,160,000 | 3.2281 | 0.4829 | 06/30/2025 |
Data provided by FactSet Research Systems Inc.