| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Orbis Investment Management Ltd. | 6,887,254 | 0 | 55,690,335.84 | 0.1848 | 2.5466 | 12/31/2024 |
| 2 | Antipodes Partners Ltd. | 1,554,561 | 409,812 | 12,570,180.25 | 0.3807 | 0.5748 | 12/31/2024 |
| 3 | PSG Asset Management (Pty) Ltd. | 1,151,510 | 1,151,510 | 9,311,109.86 | 0.4361 | 0.4258 | 03/31/2025 |
| 4 | The Vanguard Group, Inc. | 890,743 | 4,747 | 7,202,547.9 | 0.0001 | 0.3294 | 12/31/2024 |
| 5 | Aperio Group LLC | 864,811 | 456,547 | 6,992,861.75 | 0.0073 | 0.3198 | 12/31/2024 |
| 6 | UBS Securities LLC | 829,011 | 825,097 | 6,703,382.95 | 0.0034 | 0.3065 | 12/31/2024 |
| 7 | Amundi SGR SpA | 700,000 | 0 | 5,660,200 | 0.0582 | 0.2588 | 12/31/2024 |
| 8 | Dimensional Fund Advisors LP | 386,834 | -194,785 | 3,127,939.72 | 0.0006 | 0.143 | 12/31/2024 |
| 9 | Parametric Portfolio Associates LLC | 332,225 | -79,328 | 2,686,371.35 | 0.0009 | 0.1228 | 12/31/2024 |
| 10 | Point72 Asset Management LP | 291,692 | 291,692 | 2,358,621.51 | 0.006 | 0.1079 | 12/31/2024 |
| 11 | Vanguard Fiduciary Trust Co. | 272,868 | 0 | 2,206,410.65 | 0.0025 | 0.1009 | 12/31/2024 |
| 12 | American Century Investment Management, Inc. | 265,429 | -38,597 | 2,146,258.89 | 0.001 | 0.0981 | 12/31/2024 |
| 13 | Two Sigma Investments LP | 236,289 | 213,324 | 1,910,632.85 | 0.0046 | 0.0874 | 12/31/2024 |
| 14 | BTG Pactual Asset Management US LLC | 206,870 | 0 | 1,672,750.82 | 0.2185 | 0.0765 | 12/31/2024 |
| 15 | Goldman Sachs International | 200,000 | 200,000 | 1,617,200 | 0.0151 | 0.074 | 12/31/2024 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Orbis Instl. Funds Ltd. - Institutional Global Equity Fund | 1,227,568 | 0 | 9,926,114.85 | 0.5961 | 0.4539 | 12/31/2023 |
| 2 | PSG Flexible Fund | 634,366 | 634,366 | 5,129,483.48 | 0.6046 | 0.2346 | 03/31/2025 |
| 3 | PSG Equity Fund | 517,144 | 517,144 | 4,181,626.38 | 0.7453 | 0.1912 | 03/31/2025 |
| 4 | Vanguard Total International Stock Index Fund | 458,531 | -3,507 | 3,707,681.67 | 0.0008 | 0.1695 | 03/31/2025 |
| 5 | Vanguard Emerging Markets Stock Index Fund | 321,137 | 0 | 2,596,713.78 | 0.0023 | 0.1187 | 03/31/2025 |
| 6 | Avantis Emerging Markets Equity ETF | 260,619 | 0 | 2,107,365.23 | 0.0269 | 0.0964 | 03/31/2025 |
| 7 | Vanguard Institutional Total Intl. Stock Market Index Tr. II | 176,492 | 0 | 1,427,114.31 | 0.0006 | 0.0653 | 03/31/2025 |
| 8 | DFA Emerging Markets Core Equity Portfolio | 112,571 | 0 | 910,249.11 | 0.0033 | 0.0416 | 12/31/2024 |
| 9 | Vanguard FTSE All World (ex-US) Index Fund | 111,075 | 8,254 | 898,152.45 | 0.0015 | 0.0411 | 03/31/2025 |
| 10 | Forum One - BAM Latam Equity | 99,231 | 0 | 802,381.87 | 1.565 | 0.0367 | 12/31/2023 |
| 11 | Vanguard Institutional Total Intl. Stock Market Index Trust | 96,376 | 0 | 779,296.34 | 0.0023 | 0.0356 | 02/28/2025 |
| 12 | Bestinver SICAV - Latin America | 93,806 | 0 | 758,515.32 | 2.3063 | 0.0347 | 06/30/2024 |
| 13 | DFA Emerging Markets Small Cap Portfolio | 76,584 | -32,332 | 619,258.22 | 0.0165 | 0.0283 | 12/31/2024 |
| 14 | DFA Emerging Markets Small Cap Series (The) | 76,584 | -78,047 | 619,258.22 | 0.0175 | 0.0283 | 01/31/2025 |
| 15 | Dimensional Emerging Core Equity Market ETF | 58,725 | 0 | 474,850.35 | 0.0092 | 0.0217 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | PSG Asset Management (Pty) Ltd. | 1,151,510 | 1,151,510 | 9,311,109.86 | 0.4361 | 0.4258 | 03/31/2025 |
| 2 | UBS Securities LLC | 829,011 | 825,097 | 6,703,382.95 | 0.0034 | 0.3065 | 12/31/2024 |
| 3 | Aperio Group LLC | 864,811 | 456,547 | 6,992,861.75 | 0.0073 | 0.3198 | 12/31/2024 |
| 4 | Antipodes Partners Ltd. | 1,554,561 | 409,812 | 12,570,180.25 | 0.3807 | 0.5748 | 12/31/2024 |
| 5 | Point72 Asset Management LP | 291,692 | 291,692 | 2,358,621.51 | 0.006 | 0.1079 | 12/31/2024 |
| 6 | Two Sigma Investments LP | 236,289 | 213,324 | 1,910,632.85 | 0.0046 | 0.0874 | 12/31/2024 |
| 7 | Goldman Sachs International | 200,000 | 200,000 | 1,617,200 | 0.0151 | 0.074 | 12/31/2024 |
| 8 | Morgan Stanley & Co. LLC | 189,474 | 184,981 | 1,532,086.76 | 0.0006 | 0.0701 | 12/31/2024 |
| 9 | Marshall Wace LLP | 129,794 | 129,794 | 1,049,514.28 | 0.0014 | 0.048 | 12/31/2024 |
| 10 | XTX Markets LLC | 63,547 | 63,547 | 513,841.04 | 0.0459 | 0.0235 | 12/31/2024 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Coronation Asset Management (Pty) Ltd. | 0 | -3,468,161 | 0 | 0 | 0 | |
| 2 | Coronation International Ltd. | 0 | -3,422,597 | 0 | 0 | 0 | |
| 3 | Soapstone Management LP | 0 | -1,350,000 | 0 | 0 | 0 | |
| 4 | Dimensional Fund Advisors LP | 386,834 | -194,785 | 3,127,939.72 | 0.0006 | 0.143 | 12/31/2024 |
| 5 | Quantex AG | 0 | -140,000 | 0 | 0 | 0 | |
| 6 | BlackRock Advisors (UK) Ltd. | 0 | -105,374 | 0 | 0 | 0 | |
| 7 | HSBC Global Asset Management (UK) Ltd. | 17,836 | -92,689 | 144,221.9 | 0.0001 | 0.0066 | 12/31/2024 |
| 8 | Thornburg Investment Management, Inc. | 0 | -85,698 | 0 | 0 | 0 | |
| 9 | Parametric Portfolio Associates LLC | 332,225 | -79,328 | 2,686,371.35 | 0.0009 | 0.1228 | 12/31/2024 |
| 10 | Centiva Capital LP | 0 | -47,857 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.