| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (World Investors) | 41,795,006 | 27,966,274 | 987,198,041.72 | 0.1035 | 10.973 | 06/30/2025 |
| 2 | Krane Funds Advisors LLC | 15,471,689 | -905,201 | 365,441,294.18 | 3.9427 | 4.062 | 06/30/2025 |
| 3 | Schroder Investment Management North America, Inc. | 10,976,239 | 6,095,368 | 259,258,765.18 | 0.2775 | 2.8817 | 06/30/2025 |
| 4 | Morgan Stanley & Co. LLC | 10,404,150 | -637,997 | 245,746,023 | 0.0862 | 2.7315 | 06/30/2025 |
| 5 | The Vanguard Group, Inc. | 9,926,622 | -655,257 | 234,466,811.64 | 0.0032 | 2.6062 | 06/30/2025 |
| 6 | Coreview Capital Management Ltd. | 9,149,305 | 6,093,655 | 216,106,584.1 | 25.1192 | 2.4021 | 06/30/2025 |
| 7 | BlackRock Fund Advisors | 8,287,493 | 431,970 | 195,750,584.66 | 0.0045 | 2.1758 | 06/30/2025 |
| 8 | T. Rowe Price International Ltd. | 7,796,010 | 5,898,618 | 184,141,756.2 | 0.1139 | 2.0468 | 06/30/2025 |
| 9 | Norges Bank Investment Management | 6,949,791 | 2,307,768 | 164,154,063.42 | 0.0114 | 1.8246 | 06/30/2025 |
| 10 | Schroder & Co. Ltd. | 6,428,190 | 6,428,190 | 151,833,847.8 | 1.2148 | 1.6877 | 06/30/2025 |
| 11 | WFM Asia (HK) Ltd. | 6,149,000 | -1,758,300 | 145,239,380 | 9.6844 | 1.6144 | 06/30/2025 |
| 12 | JPMorgan Asset Management (Asia Pacific) Ltd. | 6,049,384 | 1,303,445 | 142,886,450.08 | 0.4426 | 1.5882 | 06/30/2025 |
| 13 | Artisan Partners LP | 5,686,888 | 1,202,403 | 134,324,294.56 | 0.1061 | 1.4931 | 06/30/2025 |
| 14 | SSgA Funds Management, Inc. | 5,462,064 | 431,049 | 129,013,951.68 | 0.0045 | 1.434 | 06/30/2025 |
| 15 | Acadian Asset Management LLC | 5,160,051 | 5,032,223 | 121,880,404.62 | 0.2096 | 1.3547 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | American Funds New World Fund | 24,371,326 | 17,172,883 | 575,650,720.12 | 0.8622 | 6.3985 | 06/30/2025 |
| 2 | KraneShares CSI China Internet ETF | 16,205,265 | -3,225,574 | 382,768,359.3 | 4.7258 | 4.2546 | 07/31/2025 |
| 3 | American Funds EuroPacific Growth Fund | 11,687,683 | 11,687,683 | 276,063,072.46 | 0.2123 | 3.0685 | 06/30/2025 |
| 4 | Artisan Developing World Fund | 5,003,212 | 1,093,957 | 118,175,867.44 | 2.7857 | 1.3136 | 06/30/2025 |
| 5 | Vanguard Total International Stock Index Fund | 4,682,581 | -423,743 | 110,602,563.22 | 0.0206 | 1.2294 | 07/31/2025 |
| 6 | Vanguard Emerging Markets Stock Index Fund | 4,333,464 | -330,895 | 102,356,419.68 | 0.0763 | 1.1377 | 07/31/2025 |
| 7 | Thornburg International Equity Fund | 3,762,344 | 936,691 | 88,866,565.28 | 2.365 | 0.9878 | 06/30/2025 |
| 8 | Capital Group Global Equity Fund (CA) | 3,263,858 | 210,329 | 77,092,325.96 | 0.7658 | 0.8569 | 06/30/2025 |
| 9 | BOCOM Schroder CSI Overseas China Internet Index Fund | 2,864,946 | 0 | 67,670,024.52 | 4.3119 | 0.7522 | 12/31/2024 |
| 10 | iShares Core MSCI Emerging Markets ETF | 2,778,645 | 404,039 | 65,631,594.9 | 0.0649 | 0.7295 | 07/31/2025 |
| 11 | Redwheel Emerging Markets Equity Fund Ltd. | 2,672,387 | 0 | 63,121,780.94 | 1.9382 | 0.7016 | 06/28/2024 |
| 12 | American Funds International Growth & Income Fund | 2,650,959 | -334,673 | 62,615,651.58 | 0.3691 | 0.696 | 06/30/2025 |
| 13 | Vanguard Institutional Total Intl. Stock Market Index Tr. II | 2,413,779 | -233,551 | 57,013,459.98 | 0.021 | 0.6337 | 07/31/2025 |
| 14 | Hartford Schroders Emerging Markets Equity Fund | 2,348,406 | 208,544 | 55,469,349.72 | 0.9556 | 0.6166 | 07/31/2025 |
| 15 | T Rowe Price Emerging Markets Stock Fund | 2,317,227 | 1,541,217 | 54,732,901.74 | 1.0071 | 0.6084 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (World Investors) | 41,795,006 | 27,966,274 | 987,198,041.72 | 0.1035 | 10.973 | 06/30/2025 |
| 2 | Schroder & Co. Ltd. | 6,428,190 | 6,428,190 | 151,833,847.8 | 1.2148 | 1.6877 | 06/30/2025 |
| 3 | Schroder Investment Management North America, Inc. | 10,976,239 | 6,095,368 | 259,258,765.18 | 0.2775 | 2.8817 | 06/30/2025 |
| 4 | Coreview Capital Management Ltd. | 9,149,305 | 6,093,655 | 216,106,584.1 | 25.1192 | 2.4021 | 06/30/2025 |
| 5 | T. Rowe Price International Ltd. | 7,796,010 | 5,898,618 | 184,141,756.2 | 0.1139 | 2.0468 | 06/30/2025 |
| 6 | Acadian Asset Management LLC | 5,160,051 | 5,032,223 | 121,880,404.62 | 0.2096 | 1.3547 | 06/30/2025 |
| 7 | Capital Research & Management Co. (International Investors) | 4,732,612 | 4,732,612 | 111,784,295.44 | 0.0179 | 1.2425 | 06/30/2025 |
| 8 | Arrowstreet Capital LP | 4,399,712 | 4,229,206 | 103,921,197.44 | 0.0681 | 1.1551 | 06/30/2025 |
| 9 | Serenity Capital Management Pte Ltd. | 4,035,348 | 4,035,348 | 95,314,919.76 | 35.6601 | 1.0595 | 06/30/2025 |
| 10 | Baillie Gifford & Co. | 3,185,137 | 3,185,137 | 75,232,935.94 | 0.0379 | 0.8362 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Schroder Investment Management Ltd. | 0 | -9,302,235 | 0 | 0 | 0 | |
| 2 | Brilliance Asset Management Ltd. (China) | 936,436 | -6,363,820 | 22,118,618.32 | 11.7011 | 0.2459 | 06/30/2025 |
| 3 | Sands Capital Management LLC | 0 | -4,318,770 | 0 | 0 | 0 | |
| 4 | JPMorgan Investment Management, Inc. | 248,215 | -3,246,469 | 5,862,838.3 | 0.0006 | 0.0652 | 06/30/2025 |
| 5 | HCEP Management Ltd. | 0 | -3,000,000 | 0 | 0 | 0 | |
| 6 | WCM Investment Management LLC | 169,334 | -2,174,296 | 3,999,669.08 | 0.0053 | 0.0445 | 06/30/2025 |
| 7 | Neuberger Berman Investment Advisers LLC | 19,969 | -2,033,693 | 471,667.78 | 0.0003 | 0.0052 | 06/30/2025 |
| 8 | T. Rowe Price Associates, Inc. (IM) | 31,693 | -2,027,727 | 748,588.66 | 0.0001 | 0.0083 | 06/30/2025 |
| 9 | T. Rowe Price Singapore Pte Ltd. | 0 | -1,978,841 | 0 | 0 | 0 | |
| 10 | WFM Asia (HK) Ltd. | 6,149,000 | -1,758,300 | 145,239,380 | 9.6844 | 1.6144 | 06/30/2025 |
Data provided by FactSet Research Systems Inc.