| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Global X Management Co. LLC | 1,627,579 | 173,055 | 44,742,146.71 | 0.0676 | 2.0904 | 06/30/2025 |
| 2 | Encompass Capital Advisors LLC | 1,000,000 | 1,000,000 | 27,490,000 | 0.9591 | 1.2843 | 06/30/2025 |
| 3 | TT International Asset Management Ltd. | 993,934 | -196,639 | 27,323,245.66 | 1.5037 | 1.2766 | 06/30/2025 |
| 4 | SPX Gestao de Recursos Ltda. | 837,142 | 837,142 | 23,013,033.58 | 0.9228 | 1.0752 | 06/30/2025 |
| 5 | Balyasny Asset Management LP | 409,812 | 74,604 | 11,265,731.88 | 0.0246 | 0.5263 | 06/30/2025 |
| 6 | Fourth Sail Capital LP | 253,168 | 253,168 | 6,959,588.32 | 0.931 | 0.3252 | 06/30/2025 |
| 7 | VR Advisory Services (USA) LLC | 215,761 | -412,103 | 5,931,269.89 | 1.5122 | 0.2771 | 06/30/2025 |
| 8 | Arrowstreet Capital LP | 182,354 | 86,533 | 5,012,911.46 | 0.0033 | 0.2342 | 06/30/2025 |
| 9 | Ayalon Mutual Funds Ltd. | 173,580 | 118,580 | 4,771,714.2 | 0.3381 | 0.2229 | 05/29/2025 |
| 10 | Oaktree Capital Management LP | 137,630 | -656,553 | 3,783,448.7 | 0.061 | 0.1768 | 06/30/2025 |
| 11 | Van Lanschot Kempen Investment Management NV | 132,293 | 98,502 | 3,636,734.57 | 0.0171 | 0.1699 | 06/30/2025 |
| 12 | Voloridge Investment Management LLC | 127,089 | 127,089 | 3,493,676.61 | 0.0124 | 0.1632 | 06/30/2025 |
| 13 | Marshall Wace LLP | 117,680 | 117,680 | 3,235,023.2 | 0.0036 | 0.1511 | 06/30/2025 |
| 14 | JPMorgan Securities LLC (Investment Management) | 114,073 | 114,073 | 3,135,866.77 | 0.0016 | 0.1465 | 06/30/2025 |
| 15 | Boston Management & Research | 103,616 | -69,107 | 2,848,403.84 | 0.0051 | 0.1331 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Global X MSCI Argentina ETF | 1,502,873 | -182,915 | 41,313,978.77 | 4.6149 | 1.9302 | 07/31/2025 |
| 2 | TT International Funds Plc - Emerging Markets Unconstrained | 674,249 | 35,932 | 18,535,105.01 | 2.3483 | 0.866 | 05/31/2025 |
| 3 | Kempen Intl. Funds - (Lux) Global Listed Infrastructure Fund | 132,293 | 26,922 | 3,636,734.57 | 1.3823 | 0.1699 | 07/31/2025 |
| 4 | Ayalon Zvulun 4D Global Stocks | 113,400 | 58,400 | 3,117,366 | 6.7003 | 0.1456 | 05/29/2025 |
| 5 | Eaton Vance Emerging & Frontier Countries Equity Fund | 103,616 | 13,700 | 2,848,403.84 | 0.1397 | 0.1331 | 06/30/2025 |
| 6 | Eaton Vance Global Macro Capital Opportunities Portfolio | 90,216 | 90,216 | 2,480,037.84 | 0.1421 | 0.1159 | 04/30/2025 |
| 7 | AYALON ZVULUN 5E Long Short Global Mutual Hedge Fund | 60,180 | 60,180 | 1,654,348.2 | 5.6993 | 0.0773 | 05/29/2025 |
| 8 | Santander SICAV - AM Latin American Equity Opportunities | 52,592 | 0 | 1,445,754.08 | 1.176 | 0.0675 | 06/30/2024 |
| 9 | ART Global Macro | 40,000 | 23,000 | 1,099,600 | 0.8548 | 0.0514 | 04/30/2025 |
| 10 | Allianz Global Investors Fund - Allianz Positive Change | 27,923 | 0 | 767,603.27 | 1.6184 | 0.0359 | 04/30/2025 |
| 11 | Schroder (Japan) Schroder Latin America Equity Mother Fund | 20,072 | 0 | 551,779.28 | 2.1458 | 0.0258 | 09/30/2024 |
| 12 | Lumyna - MW TOPS UCITS Fund | 19,694 | 19,694 | 541,388.06 | 0.0211 | 0.0253 | 03/31/2025 |
| 13 | Eaton Vance Ser. Tr. II - Parametric Tax Managed EM Fund | 16,270 | 0 | 447,262.3 | 0.0807 | 0.0209 | 06/30/2025 |
| 14 | TT EM EX China Equity Fund | 14,035 | 4,477 | 385,822.15 | 3.8649 | 0.018 | 03/31/2025 |
| 15 | Modern Capital Tactical Income Fund | 11,989 | 0 | 329,577.61 | 0.3895 | 0.0154 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Encompass Capital Advisors LLC | 1,000,000 | 1,000,000 | 27,490,000 | 0.9591 | 1.2843 | 06/30/2025 |
| 2 | SPX Gestao de Recursos Ltda. | 837,142 | 837,142 | 23,013,033.58 | 0.9228 | 1.0752 | 06/30/2025 |
| 3 | Fourth Sail Capital LP | 253,168 | 253,168 | 6,959,588.32 | 0.931 | 0.3252 | 06/30/2025 |
| 4 | Global X Management Co. LLC | 1,627,579 | 173,055 | 44,742,146.71 | 0.0676 | 2.0904 | 06/30/2025 |
| 5 | Voloridge Investment Management LLC | 127,089 | 127,089 | 3,493,676.61 | 0.0124 | 0.1632 | 06/30/2025 |
| 6 | Ayalon Mutual Funds Ltd. | 173,580 | 118,580 | 4,771,714.2 | 0.3381 | 0.2229 | 05/29/2025 |
| 7 | Marshall Wace LLP | 117,680 | 117,680 | 3,235,023.2 | 0.0036 | 0.1511 | 06/30/2025 |
| 8 | JPMorgan Securities LLC (Investment Management) | 114,073 | 114,073 | 3,135,866.77 | 0.0016 | 0.1465 | 06/30/2025 |
| 9 | Van Lanschot Kempen Investment Management NV | 132,293 | 98,502 | 3,636,734.57 | 0.0171 | 0.1699 | 06/30/2025 |
| 10 | Arrowstreet Capital LP | 182,354 | 86,533 | 5,012,911.46 | 0.0033 | 0.2342 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Oaktree Capital Management LP | 137,630 | -656,553 | 3,783,448.7 | 0.061 | 0.1768 | 06/30/2025 |
| 2 | VR Advisory Services (USA) LLC | 215,761 | -412,103 | 5,931,269.89 | 1.5122 | 0.2771 | 06/30/2025 |
| 3 | TT International Asset Management Ltd. | 993,934 | -196,639 | 27,323,245.66 | 1.5037 | 1.2766 | 06/30/2025 |
| 4 | William Blair Investment Management LLC | 0 | -179,225 | 0 | 0 | 0 | |
| 5 | Brevan Howard Asset Management LLP | 0 | -163,821 | 0 | 0 | 0 | |
| 6 | Schroder Investment Management Ltd. | 0 | -147,063 | 0 | 0 | 0 | |
| 7 | Seldon Capital LP | 0 | -128,848 | 0 | 0 | 0 | |
| 8 | Two Sigma Investments LP | 0 | -79,062 | 0 | 0 | 0 | |
| 9 | Citadel Securities LLC | 0 | -70,086 | 0 | 0 | 0 | |
| 10 | Boston Management & Research | 103,616 | -69,107 | 2,848,403.84 | 0.0051 | 0.1331 | 06/30/2025 |
Data provided by FactSet Research Systems Inc.