| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | TT International Asset Management Ltd. | 1,319,537 | 975,657 | 99,545,871.28 | 5.8384 | 2.4194 | 03/31/2025 |
| 2 | Global X Management Co. LLC | 508,375 | 188,114 | 38,351,810 | 0.069 | 0.9321 | 12/31/2024 |
| 3 | Helikon Investments Ltd. | 442,869 | -876,546 | 33,410,037.36 | 1.059 | 0.812 | 12/31/2024 |
| 4 | VR Advisory Services (USA) LLC | 272,013 | 0 | 20,520,660.72 | 5.7215 | 0.4987 | 12/31/2024 |
| 5 | Brevan Howard Asset Management LLP | 258,348 | 54,923 | 19,489,773.12 | 0.4811 | 0.4737 | 12/31/2024 |
| 6 | JPMorgan Investment Management, Inc. | 213,022 | 213,015 | 16,070,379.68 | 0.002 | 0.3906 | 12/31/2024 |
| 7 | Discovery Capital Management LLC | 152,207 | 35,914 | 11,482,496.08 | 0.7364 | 0.2791 | 12/31/2024 |
| 8 | JPMorgan Asset Management (Canada) Inc. | 146,987 | 146,987 | 11,088,699.28 | 0.1421 | 0.2695 | 12/31/2024 |
| 9 | Oaktree Capital Management LP | 131,086 | -72,681 | 9,889,127.84 | 0.1532 | 0.2403 | 12/31/2024 |
| 10 | UBS Securities LLC | 110,566 | 106,288 | 8,341,099.04 | 0.0042 | 0.2027 | 12/31/2024 |
| 11 | Boston Management & Research | 105,197 | 53,742 | 7,936,061.68 | 0.0165 | 0.1929 | 12/31/2024 |
| 12 | Balyasny Asset Management LP | 97,299 | 97,299 | 7,340,236.56 | 0.0181 | 0.1784 | 12/31/2024 |
| 13 | Candriam Belgium SA | 91,400 | 91,400 | 6,895,216 | 0.0207 | 0.1676 | 12/31/2024 |
| 14 | Millennium Management LLC | 87,680 | -203,007 | 6,614,579.2 | 0.006 | 0.1608 | 12/31/2024 |
| 15 | William Blair Investment Management LLC | 84,190 | -72,631 | 6,351,293.6 | 0.0083 | 0.1544 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Global X MSCI Argentina ETF | 552,302 | 211,521 | 41,665,662.88 | 4.0532 | 1.0126 | 04/30/2025 |
| 2 | TT International Funds Plc - Emerging Markets Unconstrained | 304,267 | 127,209 | 22,953,902.48 | 3.9152 | 0.5579 | 02/28/2025 |
| 3 | DWS Invest - Latin American Equities | 127,242 | 127,242 | 9,599,136.48 | 0.7034 | 0.2333 | 04/30/2025 |
| 4 | TT International Funds Plc - Emerging Markets Equity Fund | 72,738 | 72,738 | 5,487,354.72 | 2.8004 | 0.1334 | 01/31/2025 |
| 5 | Highland Global Allocation Fund | 67,700 | 0 | 5,107,288 | 2.0932 | 0.1241 | 12/31/2024 |
| 6 | William Blair Emerging Markets Small Cap Growth Fund | 58,983 | 1,312 | 4,449,677.52 | 1.2316 | 0.1081 | 12/31/2024 |
| 7 | Eaton Vance Emerging & Frontier Countries Equity Fund | 54,369 | -33,697 | 4,101,597.36 | 0.2789 | 0.0997 | 03/31/2025 |
| 8 | State Board of Administration of Florida Retirement System | 35,008 | 1,381 | 2,641,003.52 | 0.0028 | 0.0642 | 12/31/2024 |
| 9 | Ayalon Zvulun 4D Global Stocks | 29,510 | 0 | 2,226,234.4 | 5.2703 | 0.0541 | 01/30/2025 |
| 10 | AZ Equity - Emerging Latin America | 27,886 | 27,886 | 2,103,719.84 | 5.7714 | 0.0511 | 12/30/2024 |
| 11 | Kairos International SICAV - Pegasus UCITS | 20,500 | 0 | 1,546,520 | 1.4381 | 0.0376 | 06/30/2024 |
| 12 | DWS Latin America Equity Fund | 18,795 | 18,795 | 1,417,894.8 | 0.527 | 0.0345 | 01/31/2025 |
| 13 | Driehaus Mutual Funds - Emerging Markets Small Cap Growth Fund | 18,097 | 0 | 1,365,237.68 | 1.1213 | 0.0332 | 02/28/2025 |
| 14 | AdvisorShares Dorsey Wright ADR ETF | 17,956 | 3,960 | 1,354,600.64 | 3.4491 | 0.0329 | 04/30/2025 |
| 15 | JPMorgan Funds - Latin America Equity Fund | 16,041 | -18,421 | 1,210,133.04 | 0.3135 | 0.0294 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | TT International Asset Management Ltd. | 1,319,537 | 975,657 | 99,545,871.28 | 5.8384 | 2.4194 | 03/31/2025 |
| 2 | JPMorgan Investment Management, Inc. | 213,022 | 213,015 | 16,070,379.68 | 0.002 | 0.3906 | 12/31/2024 |
| 3 | Global X Management Co. LLC | 508,375 | 188,114 | 38,351,810 | 0.069 | 0.9321 | 12/31/2024 |
| 4 | JPMorgan Asset Management (Canada) Inc. | 146,987 | 146,987 | 11,088,699.28 | 0.1421 | 0.2695 | 12/31/2024 |
| 5 | UBS Securities LLC | 110,566 | 106,288 | 8,341,099.04 | 0.0042 | 0.2027 | 12/31/2024 |
| 6 | Balyasny Asset Management LP | 97,299 | 97,299 | 7,340,236.56 | 0.0181 | 0.1784 | 12/31/2024 |
| 7 | Candriam Belgium SA | 91,400 | 91,400 | 6,895,216 | 0.0207 | 0.1676 | 12/31/2024 |
| 8 | Alberta Investment Management Corp. | 80,131 | 80,131 | 6,045,082.64 | 0.0388 | 0.1469 | 03/31/2025 |
| 9 | Seldon Capital LP | 70,098 | 70,098 | 5,288,193.12 | 2.3459 | 0.1285 | 12/31/2024 |
| 10 | JPMorgan Chase Bank, NA (Investment Management) | 62,970 | 62,970 | 4,750,456.8 | 0.0022 | 0.1155 | 12/31/2024 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Helikon Investments Ltd. | 442,869 | -876,546 | 33,410,037.36 | 1.059 | 0.812 | 12/31/2024 |
| 2 | Citigroup Global Markets, Inc. (Investment Management) | 58,752 | -361,045 | 4,432,250.88 | 0.0055 | 0.1077 | 12/31/2024 |
| 3 | Millennium Management LLC | 87,680 | -203,007 | 6,614,579.2 | 0.006 | 0.1608 | 12/31/2024 |
| 4 | JPMorgan Securities LLC (Investment Management) | 175 | -158,266 | 13,202 | 0 | 0.0003 | 12/31/2024 |
| 5 | Fourth Sail Capital LP | 0 | -142,433 | 0 | 0 | 0 | |
| 6 | Cubist Systematic Strategies LLC | 0 | -94,183 | 0 | 0 | 0 | |
| 7 | Oaktree Capital Management LP | 131,086 | -72,681 | 9,889,127.84 | 0.1532 | 0.2403 | 12/31/2024 |
| 8 | William Blair Investment Management LLC | 84,190 | -72,631 | 6,351,293.6 | 0.0083 | 0.1544 | 03/31/2025 |
| 9 | Banco BTG Pactual SA (Investment Management) | 5,100 | -70,310 | 384,744 | 0.0864 | 0.0094 | 12/31/2024 |
| 10 | Citadel Advisors LLC | 58,396 | -54,310 | 4,405,394.24 | 0.0057 | 0.1071 | 12/31/2024 |
Data provided by FactSet Research Systems Inc.