| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Citadel Advisors LLC | 3,744,358 | 1,776,996 | 142,472,821.9 | 0.1786 | 0.6412 | 03/31/2025 |
| 2 | Renaissance Technologies LLC | 2,702,844 | 183,900 | 102,843,214.2 | 0.1373 | 0.4629 | 03/31/2025 |
| 3 | Sourcerock Group LLC | 2,450,258 | 356,636 | 93,232,316.9 | 5.3482 | 0.4196 | 03/31/2025 |
| 4 | Alua Capital Management LP | 2,387,363 | 2,387,363 | 90,839,162.15 | 6.9311 | 0.4088 | 03/31/2025 |
| 5 | Wellington Management Co. LLP | 2,255,707 | 878 | 85,829,651.35 | 0.0143 | 0.3863 | 03/31/2025 |
| 6 | Encompass Capital Advisors LLC | 2,097,540 | 997,540 | 79,811,397 | 2.6967 | 0.3592 | 03/31/2025 |
| 7 | Van Eck Associates Corp. | 1,817,899 | -493,136 | 69,171,056.95 | 0.066 | 0.3113 | 03/31/2025 |
| 8 | Balyasny Asset Management LP | 1,714,769 | 22,327 | 65,246,960.45 | 0.1506 | 0.2937 | 03/31/2025 |
| 9 | Fidelity Management & Research Co. LLC | 1,664,376 | -311,933 | 63,329,506.8 | 0.0037 | 0.285 | 03/31/2025 |
| 10 | T. Rowe Price Associates, Inc. (IM) | 1,603,695 | -146,246 | 61,020,594.75 | 0.0073 | 0.2746 | 03/31/2025 |
| 11 | Merewether Investment Management LP | 1,293,733 | 757,320 | 49,226,540.65 | 1.6651 | 0.2216 | 03/31/2025 |
| 12 | Holocene Advisors, LP | 1,199,061 | 904,707 | 45,624,271.05 | 0.1208 | 0.2053 | 03/31/2025 |
| 13 | Millennium Management LLC | 1,177,259 | -1,639,469 | 44,794,704.95 | 0.0392 | 0.2016 | 03/31/2025 |
| 14 | UBS Securities LLC | 1,029,673 | 786,752 | 39,179,057.65 | 0.0161 | 0.1763 | 03/31/2025 |
| 15 | Quadrature Capital Ltd. | 997,607 | 34,215 | 37,958,946.35 | 0.7194 | 0.1708 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Vanguard Energy Fund | 1,799,628 | -213,455 | 68,475,845.4 | 1.1421 | 0.3082 | 04/30/2025 |
| 2 | Fidelity Inv. Trust - Emerging Markets Opportunities Fund | 1,370,100 | -274,000 | 52,132,305 | 0.217 | 0.2346 | 05/31/2025 |
| 3 | VanEck Oil Services ETF | 1,349,819 | -612,033 | 51,360,612.95 | 5.1346 | 0.2312 | 06/30/2025 |
| 4 | azValor Internacional, FI | 867,704 | 0 | 33,016,137.2 | 1.5272 | 0.1486 | 12/31/2024 |
| 5 | MFS International New Discovery Fund | 655,294 | 218,795 | 24,933,936.7 | 0.3855 | 0.1122 | 05/31/2025 |
| 6 | T Rowe Price Real Assets Fund | 506,749 | 0 | 19,281,799.45 | 0.1783 | 0.0868 | 03/31/2025 |
| 7 | FIAM Emerging Markets Opportunities Commingled Pool | 403,100 | -72,900 | 15,337,955 | 0.2182 | 0.069 | 05/31/2025 |
| 8 | T Rowe Price New Era Fund | 341,502 | -30,800 | 12,994,151.1 | 0.5335 | 0.0585 | 03/31/2025 |
| 9 | Harding Loevner Institutional Emerging Markets Portfolio | 260,522 | -32,971 | 9,912,862.1 | 2.0304 | 0.0446 | 03/31/2025 |
| 10 | Harding Loevner Emerging Markets Portfolio | 250,032 | -76,944 | 9,513,717.6 | 1.9957 | 0.0428 | 04/30/2025 |
| 11 | Dimensional International Value ETF | 175,757 | 144,794 | 6,687,553.85 | 0.0545 | 0.0301 | 06/30/2025 |
| 12 | Fidelity Emerging Markets Equity Central Fund | 154,600 | -25,500 | 5,882,530 | 0.2142 | 0.0265 | 03/31/2025 |
| 13 | DFA International Value Series | 154,435 | 104,115 | 5,876,251.75 | 0.0387 | 0.0264 | 03/31/2025 |
| 14 | St. James's Place Unit Trust - Balanced Managed | 124,996 | 0 | 4,756,097.8 | 0.0548 | 0.0214 | 09/30/2024 |
| 15 | DFA International Core Equity 2 Portfolio | 96,792 | 0 | 3,682,935.6 | 0.01 | 0.0166 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Alua Capital Management LP | 2,387,363 | 2,387,363 | 90,839,162.15 | 6.9311 | 0.4088 | 03/31/2025 |
| 2 | Citadel Advisors LLC | 3,744,358 | 1,776,996 | 142,472,821.9 | 0.1786 | 0.6412 | 03/31/2025 |
| 3 | Encompass Capital Advisors LLC | 2,097,540 | 997,540 | 79,811,397 | 2.6967 | 0.3592 | 03/31/2025 |
| 4 | Holocene Advisors, LP | 1,199,061 | 904,707 | 45,624,271.05 | 0.1208 | 0.2053 | 03/31/2025 |
| 5 | UBS Securities LLC | 1,029,673 | 786,752 | 39,179,057.65 | 0.0161 | 0.1763 | 03/31/2025 |
| 6 | Merewether Investment Management LP | 1,293,733 | 757,320 | 49,226,540.65 | 1.6651 | 0.2216 | 03/31/2025 |
| 7 | Morgan Stanley & Co. LLC | 871,590 | 483,132 | 33,163,999.5 | 0.0115 | 0.1493 | 03/31/2025 |
| 8 | BNP Paribas Financial Markets | 683,067 | 376,921 | 25,990,699.35 | 0.0176 | 0.117 | 03/31/2025 |
| 9 | Sourcerock Group LLC | 2,450,258 | 356,636 | 93,232,316.9 | 5.3482 | 0.4196 | 03/31/2025 |
| 10 | Bank of America, NA (Private Banking) | 366,569 | 298,133 | 13,947,950.45 | 0.0047 | 0.0628 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Millennium Management LLC | 1,177,259 | -1,639,469 | 44,794,704.95 | 0.0392 | 0.2016 | 03/31/2025 |
| 2 | ABC Arbitrage Asset Management SA | 132,513 | -703,190 | 5,042,119.65 | 0.9254 | 0.0227 | 03/31/2025 |
| 3 | Orbis Investment Management Ltd. | 377,357 | -649,403 | 14,358,433.85 | 0.0428 | 0.0646 | 03/31/2025 |
| 4 | Van Eck Associates Corp. | 1,817,899 | -493,136 | 69,171,056.95 | 0.066 | 0.3113 | 03/31/2025 |
| 5 | Moore Capital Management LP | 0 | -447,344 | 0 | 0 | 0 | |
| 6 | Capital Fund Management SA | 78,120 | -443,317 | 2,972,466 | 0.0336 | 0.0134 | 03/31/2025 |
| 7 | Carrhae Capital LLP | 0 | -437,806 | 0 | 0 | 0 | |
| 8 | Freestone Grove Partners LP | 0 | -436,254 | 0 | 0 | 0 | |
| 9 | Optiver US LLC | 99,275 | -400,302 | 3,777,413.75 | 0.1181 | 0.017 | 03/31/2025 |
| 10 | Yaupon Capital Management LP | 0 | -333,259 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.