| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | FIL Investments International | 21,159,521 | 5,324,812 | 392,297,519.34 | 0.296 | 1.8417 | 03/31/2025 |
| 2 | T. Rowe Price International Ltd. | 19,988,071 | -5,265,756 | 370,578,836.34 | 0.2409 | 1.7397 | 03/31/2025 |
| 3 | BlackRock Fund Advisors | 19,394,338 | 2,029,863 | 359,571,026.52 | 0.0086 | 1.688 | 03/31/2025 |
| 4 | The Vanguard Group, Inc. | 18,228,822 | 293,354 | 337,962,359.88 | 0.0049 | 1.5866 | 03/31/2025 |
| 5 | Capital Research & Management Co. (Global Investors) | 18,172,622 | 18,172,622 | 336,920,411.88 | 0.0544 | 1.5817 | 03/31/2025 |
| 6 | Krane Funds Advisors LLC | 14,915,812 | -154,220 | 276,539,154.48 | 3.288 | 1.2982 | 03/31/2025 |
| 7 | HHLR Advisors Ltd. | 11,973,402 | 1,104,714 | 221,986,873.08 | 1.9983 | 1.0421 | 03/31/2025 |
| 8 | SSgA Funds Management, Inc. | 10,923,587 | 185,197 | 202,523,302.98 | 0.0074 | 0.9508 | 03/31/2025 |
| 9 | T. Rowe Price Hong Kong Ltd. | 10,813,590 | -2,351,409 | 200,483,958.6 | 0.9125 | 0.9412 | 03/31/2025 |
| 10 | M&G Investment Management Ltd. | 9,018,777 | -1,072,057 | 167,208,125.58 | 0.2685 | 0.785 | 03/31/2025 |
| 11 | Capital Research & Management Co. (World Investors) | 8,778,032 | -4,426,110 | 162,744,713.28 | 0.0175 | 0.764 | 03/31/2025 |
| 12 | Wellington Management Co. LLP | 8,687,632 | -1,322,340 | 161,068,697.28 | 0.0272 | 0.7561 | 03/31/2025 |
| 13 | Mirae Asset Global Investments (Hong Kong) Ltd. | 7,969,341 | 7,626,376 | 147,751,582.14 | 0.9244 | 0.6936 | 03/31/2025 |
| 14 | Renaissance Technologies LLC | 7,908,094 | -52,800 | 146,616,062.76 | 0.2005 | 0.6883 | 03/31/2025 |
| 15 | Norges Bank Investment Management | 7,066,624 | 745,340 | 131,015,208.96 | 0.0093 | 0.6151 | 12/31/2024 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | American Funds EuroPacific Growth Fund | 21,694,994 | 15,277,309 | 402,225,188.76 | 0.2984 | 1.8883 | 03/31/2025 |
| 2 | Government Pension Fund - Global (The) | 12,642,509 | 0 | 234,392,116.86 | 0.0168 | 1.1004 | 06/30/2024 |
| 3 | KraneShares CSI China Internet ETF | 11,355,813 | -2,583,666 | 210,536,773.02 | 3.2458 | 0.9884 | 05/30/2025 |
| 4 | Vanguard Total International Stock Index Fund | 8,763,124 | 263,323 | 162,468,318.96 | 0.0311 | 0.7627 | 05/31/2025 |
| 5 | Vanguard Emerging Markets Stock Index Fund | 7,843,095 | 1,027 | 145,410,981.3 | 0.1149 | 0.6826 | 05/31/2025 |
| 6 | T Rowe Price International Stock Fund | 7,777,034 | -3,045,337 | 144,186,210.36 | 0.9849 | 0.6769 | 03/31/2025 |
| 7 | iShares Core MSCI Emerging Markets ETF | 6,299,269 | 623,556 | 116,788,447.26 | 0.1246 | 0.5483 | 05/30/2025 |
| 8 | Morgan Stanley Invt. Fds. - Asia Opportunity Fund | 5,440,595 | -126,644 | 100,868,631.3 | 2.7505 | 0.4735 | 03/31/2025 |
| 9 | Vanguard Institutional Total Intl. Stock Market Index Tr. II | 4,496,296 | 229,539 | 83,361,327.84 | 0.0322 | 0.3913 | 04/30/2025 |
| 10 | E Fund CSI Overseas China Internet 50 ETF | 3,918,905 | 272,932 | 72,656,498.7 | 1.1981 | 0.3411 | 12/31/2024 |
| 11 | T Rowe Price Emerging Markets Discovery Stock Fund | 3,884,222 | -1,156,960 | 72,013,475.88 | 1.4429 | 0.3381 | 03/31/2025 |
| 12 | Artisan Developing World Fund | 3,671,441 | -22,686 | 68,068,516.14 | 1.644 | 0.3196 | 03/31/2025 |
| 13 | JPMorgan Funds - China Fund | 3,043,964 | -122,530 | 56,435,092.56 | 1.606 | 0.2649 | 05/31/2025 |
| 14 | American Funds New World Fund | 2,470,758 | -3,282,823 | 45,807,853.32 | 0.0701 | 0.215 | 03/31/2025 |
| 15 | BOCOM Schroder CSI Overseas China Internet Index Fund | 2,397,739 | -792,376 | 44,454,081.06 | 3.0726 | 0.2087 | 12/31/2024 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (Global Investors) | 18,172,622 | 18,172,622 | 336,920,411.88 | 0.0544 | 1.5817 | 03/31/2025 |
| 2 | Mirae Asset Global Investments (Hong Kong) Ltd. | 7,969,341 | 7,626,376 | 147,751,582.14 | 0.9244 | 0.6936 | 03/31/2025 |
| 3 | FIL Investments International | 21,159,521 | 5,324,812 | 392,297,519.34 | 0.296 | 1.8417 | 03/31/2025 |
| 4 | Greenwoods Investments SG Pte Ltd. | 4,771,806 | 3,811,084 | 88,469,283.24 | 2.4825 | 0.4153 | 03/31/2025 |
| 5 | Hermes Investment Management Ltd. | 2,902,928 | 2,902,928 | 53,820,285.12 | 0.3162 | 0.2527 | 03/31/2025 |
| 6 | NBC Global Finance Ltd. | 2,725,700 | 2,725,700 | 50,534,478 | 0.2296 | 0.2372 | 03/31/2025 |
| 7 | Goldman Sachs & Co. LLC (Private Banking) | 6,503,453 | 2,555,070 | 120,574,018.62 | 0.0633 | 0.566 | 03/31/2025 |
| 8 | TT International Asset Management Ltd. | 2,318,858 | 2,318,858 | 42,991,627.32 | 2.3508 | 0.2018 | 03/31/2025 |
| 9 | BNP Paribas Financial Markets | 2,256,556 | 2,256,556 | 41,836,548.24 | 0.0289 | 0.1964 | 03/31/2025 |
| 10 | TIAA-CREF Investment Management LLC | 2,468,927 | 2,150,916 | 45,773,906.58 | 0.018 | 0.2149 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Alkeon Capital Management LLC | 4,272,723 | -6,753,276 | 79,216,284.42 | 0.3757 | 0.3719 | 03/31/2025 |
| 2 | T. Rowe Price International Ltd. | 19,988,071 | -5,265,756 | 370,578,836.34 | 0.2409 | 1.7397 | 03/31/2025 |
| 3 | Farallon Capital Management LLC | 0 | -4,740,833 | 0 | 0 | 0 | |
| 4 | Capital Research & Management Co. (World Investors) | 8,778,032 | -4,426,110 | 162,744,713.28 | 0.0175 | 0.764 | 03/31/2025 |
| 5 | Davis Selected Advisers LP | 1,860,528 | -4,020,000 | 34,494,189.12 | 0.1581 | 0.1619 | 03/31/2025 |
| 6 | HCEP Management Ltd. | 0 | -3,638,665 | 0 | 0 | 0 | |
| 7 | Ninety One UK Ltd. | 0 | -3,548,321 | 0 | 0 | 0 | |
| 8 | BlackRock Investment Management (UK) Ltd. | 4,262,725 | -3,523,225 | 79,030,921.5 | 0.011 | 0.371 | 03/31/2025 |
| 9 | Turiya Advisors Asia Ltd. | 0 | -3,426,906 | 0 | 0 | 0 | |
| 10 | Silverbay Capital Management LLC | 2,112,293 | -3,312,280 | 39,161,912.22 | 0.3531 | 0.1838 | 03/31/2025 |
Data provided by FactSet Research Systems Inc.