| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Lazard Asset Management LLC | 5,358,772 | 1,023,241 | 177,696,879.52 | 0.1479 | 2.7298 | 06/30/2025 |
| 2 | Operadora Inbursa de Fondos de Inversion SA de CV | 4,265,503 | 0 | 141,444,079.48 | 3.0949 | 2.1729 | 06/30/2025 |
| 3 | Donald Smith & Co., Inc. | 3,412,385 | 389,582 | 113,154,686.6 | 2.3829 | 1.7383 | 06/30/2025 |
| 4 | Ninety One UK Ltd. | 2,407,110 | -10,799 | 79,819,767.6 | 0.1386 | 1.2262 | 06/30/2025 |
| 5 | Schroder Investment Management North America, Inc. | 2,120,074 | 2,085,868 | 70,301,653.84 | 0.0752 | 1.08 | 06/30/2025 |
| 6 | Public Employee Retirement System of Idaho | 1,561,302 | 1,009,271 | 51,772,774.32 | 0.2968 | 0.7953 | 06/30/2025 |
| 7 | Ninety One North America, Inc. | 1,023,049 | 159,765 | 33,924,304.84 | 1.1445 | 0.5211 | 06/30/2025 |
| 8 | Acadian Asset Management LLC | 1,014,799 | -579,930 | 33,650,734.84 | 0.058 | 0.5169 | 06/30/2025 |
| 9 | Contrarian Capital Management LLC | 992,413 | 0 | 32,908,415.08 | 9.4953 | 0.5055 | 06/30/2025 |
| 10 | Oaktree Capital Management LP | 919,709 | 91,400 | 30,497,550.44 | 0.4938 | 0.4685 | 06/30/2025 |
| 11 | Cape Ann Asset Management Ltd. | 897,049 | 138,900 | 29,746,144.84 | 11.0343 | 0.457 | 06/30/2025 |
| 12 | Eastspring Investments (Singapore) Ltd. | 680,185 | -90,265 | 22,554,934.6 | 0.0786 | 0.3465 | 06/30/2025 |
| 13 | Russell Investment Management LLC | 576,869 | -106,063 | 19,128,976.04 | 0.0211 | 0.2939 | 06/30/2025 |
| 14 | SSgA Funds Management, Inc. | 405,144 | 205,003 | 13,434,575.04 | 0.0005 | 0.2064 | 06/30/2025 |
| 15 | Robeco Institutional Asset Management BV | 403,293 | 10,000 | 13,373,195.88 | 0.0131 | 0.2054 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Inbuinter, SA De CV Fondo de Inversion de Renta Variable | 2,213,251 | 0 | 73,391,403.16 | 8.2616 | 1.1274 | 06/30/2025 |
| 2 | PERSI - PSI Donald Smith Dom | 1,561,302 | 1,009,271 | 51,772,774.32 | 2.4585 | 0.7953 | 06/30/2025 |
| 3 | Ibuplus SA de CV SIRV | 1,391,626 | 0 | 46,146,318.16 | 1.3994 | 0.7089 | 06/30/2025 |
| 4 | Vanguard Selected Value Fund | 1,180,696 | 0 | 39,151,879.36 | 0.5844 | 0.6015 | 04/30/2025 |
| 5 | Lazard Emerging Markets Equity Portfolio | 1,108,789 | 326,169 | 36,767,443.24 | 0.7433 | 0.5648 | 07/31/2025 |
| 6 | St. James's Place Unit Trust - Emerging Markets Equity | 1,053,929 | 81,378 | 34,948,285.64 | 0.3394 | 0.5369 | 03/31/2025 |
| 7 | State Board of Administration of Florida Retirement System | 709,514 | -177,830 | 23,527,484.24 | 0.0213 | 0.3614 | 03/31/2025 |
| 8 | Fondo Inbursa, SA de CV S.I.R.V. | 660,626 | 0 | 21,906,358.16 | 2.395 | 0.3365 | 06/30/2025 |
| 9 | Schroder Invt. Fund Company - Global Recovery Fund | 644,641 | 555,632 | 21,376,295.56 | 1.4925 | 0.3284 | 06/30/2025 |
| 10 | Schroder ISF - Global Recovery | 480,375 | 416,456 | 15,929,235 | 1.4989 | 0.2447 | 06/30/2025 |
| 11 | Schroder ISF - Global Dividend Maximiser | 447,913 | 385,815 | 14,852,795.08 | 1.5926 | 0.2282 | 06/30/2025 |
| 12 | Ninety One Glb. Strat. Fd. - Emerging Markets Equity | 414,760 | -36,547 | 13,753,441.6 | 0.8254 | 0.2113 | 06/30/2025 |
| 13 | SPDR S&P Emerging Markets Dividend ETF | 276,332 | 73,314 | 9,163,169.12 | 1.0858 | 0.1408 | 07/31/2025 |
| 14 | Lazard Investment Funds - Emerging Markets Fund | 267,779 | 0 | 8,879,551.64 | 0.6674 | 0.1364 | 11/29/2024 |
| 15 | iShares Emerging Markets Dividend ETF | 256,697 | 256,697 | 8,512,072.52 | 0.9616 | 0.1308 | 07/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Schroder Investment Management North America, Inc. | 2,120,074 | 2,085,868 | 70,301,653.84 | 0.0752 | 1.08 | 06/30/2025 |
| 2 | Lazard Asset Management LLC | 5,358,772 | 1,023,241 | 177,696,879.52 | 0.1479 | 2.7298 | 06/30/2025 |
| 3 | Public Employee Retirement System of Idaho | 1,561,302 | 1,009,271 | 51,772,774.32 | 0.2968 | 0.7953 | 06/30/2025 |
| 4 | Donald Smith & Co., Inc. | 3,412,385 | 389,582 | 113,154,686.6 | 2.3829 | 1.7383 | 06/30/2025 |
| 5 | BlackRock Fund Advisors | 253,273 | 253,273 | 8,398,532.68 | 0.0002 | 0.129 | 06/30/2025 |
| 6 | BlackRock Advisors (UK) Ltd. | 242,948 | 242,948 | 8,056,155.68 | 0.001 | 0.1238 | 06/30/2025 |
| 7 | SSgA Funds Management, Inc. | 405,144 | 205,003 | 13,434,575.04 | 0.0005 | 0.2064 | 06/30/2025 |
| 8 | Ninety One North America, Inc. | 1,023,049 | 159,765 | 33,924,304.84 | 1.1445 | 0.5211 | 06/30/2025 |
| 9 | State Street Global Advisors Ltd. | 146,300 | 144,600 | 4,851,308 | 0.0035 | 0.0745 | 07/31/2025 |
| 10 | Cape Ann Asset Management Ltd. | 897,049 | 138,900 | 29,746,144.84 | 11.0343 | 0.457 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Victory Capital Management, Inc. (Investment Management) | 45,584 | -617,617 | 1,511,565.44 | 0.0008 | 0.0232 | 06/30/2025 |
| 2 | Schroder Investment Management Ltd. | 0 | -594,547 | 0 | 0 | 0 | |
| 3 | Acadian Asset Management LLC | 1,014,799 | -579,930 | 33,650,734.84 | 0.058 | 0.5169 | 06/30/2025 |
| 4 | Woodline Partners LP | 0 | -365,693 | 0 | 0 | 0 | |
| 5 | Pictet Asset Management SA | 0 | -214,054 | 0 | 0 | 0 | |
| 6 | Allspring Global Investments LLC | 0 | -201,723 | 0 | 0 | 0 | |
| 7 | Wellington Management Co. LLP | 0 | -163,950 | 0 | 0 | 0 | |
| 8 | PointState Capital LP | 0 | -141,403 | 0 | 0 | 0 | |
| 9 | TIAA-CREF Investment Management LLC | 0 | -138,684 | 0 | 0 | 0 | |
| 10 | Morgan Stanley Smith Barney LLC (Investment Management) | 178,632 | -124,945 | 5,923,437.12 | 0.0009 | 0.091 | 06/30/2025 |
Data provided by FactSet Research Systems Inc.