| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | GIC Pte Ltd. (Investment Management) | 2,850,177 | 0 | 78,322,863.96 | 0.0752 | 3.2297 | 12/31/2024 |
| 2 | Morgan Stanley & Co. LLC | 1,713,286 | 1,628,900 | 47,081,099.28 | 0.0165 | 1.9414 | 03/31/2025 |
| 3 | Wellington Management Co. LLP | 1,447,838 | 245,191 | 39,786,588.24 | 0.0067 | 1.6406 | 03/31/2025 |
| 4 | FIAM LLC | 1,195,951 | 178,156 | 32,864,733.48 | 0.0192 | 1.3552 | 03/31/2025 |
| 5 | Long Pond Capital LP | 949,940 | -1,713,229 | 26,104,351.2 | 1.5852 | 1.0764 | 03/31/2025 |
| 6 | Carmignac Gestion SA | 737,430 | 0 | 20,264,576.4 | 0.206 | 0.8356 | 03/31/2025 |
| 7 | Fidelity Management & Research Co. LLC | 674,442 | 73,117 | 18,533,666.16 | 0.0011 | 0.7643 | 03/31/2025 |
| 8 | Macquarie Investment Management Business Trust | 582,239 | -45,115 | 15,999,927.72 | 0.0158 | 0.6598 | 03/31/2025 |
| 9 | Merrill Lynch International (Investment Management) | 489,506 | 489,506 | 13,451,624.88 | 0.0711 | 0.5547 | 03/31/2025 |
| 10 | Healthcare of Ontario Pension Plan | 322,300 | 249,300 | 8,856,804 | 0.0175 | 0.3652 | 03/31/2025 |
| 11 | Capital Research & Management Co. (International Investors) | 309,912 | 0 | 8,516,381.76 | 0.0014 | 0.3512 | 03/31/2025 |
| 12 | CenterSquare Investment Management LLC | 305,752 | -136,460 | 8,402,064.96 | 0.0861 | 0.3465 | 03/31/2025 |
| 13 | Lazard Asset Management LLC | 301,475 | 58,849 | 8,284,533 | 0.0073 | 0.3416 | 03/31/2025 |
| 14 | Thornburg Investment Management, Inc. | 267,382 | 447 | 7,347,657.36 | 0.0325 | 0.303 | 03/31/2025 |
| 15 | SPX Gestao de Recursos Ltda. | 253,726 | 253,726 | 6,972,390.48 | 0.3511 | 0.2875 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Strategic Advisers Fidelity Emerging Markets Fund | 960,730 | 477,427 | 26,400,860.4 | 0.0992 | 1.0887 | 05/31/2025 |
| 2 | Fidelity Series Emerging Markets Fund | 948,832 | 380,518 | 26,073,903.36 | 0.44 | 1.0752 | 05/31/2025 |
| 3 | Carmignac Emergents | 513,201 | 0 | 14,102,763.48 | 1.365 | 0.5815 | 03/31/2025 |
| 4 | FIAM Select Emerging Markets Equity | 467,167 | 178,054 | 12,837,749.16 | 0.4568 | 0.5294 | 05/31/2025 |
| 5 | Fidelity Strategic Advisers Emerging Markets Fund | 347,003 | 166,967 | 9,535,642.44 | 0.0716 | 0.3932 | 05/31/2025 |
| 6 | American Funds Developing World Growth & Income Fund | 300,382 | 0 | 8,254,497.36 | 0.426 | 0.3404 | 03/31/2025 |
| 7 | Carmignac Portfolio - Emergents | 208,969 | 0 | 5,742,468.12 | 1.2764 | 0.2368 | 05/30/2025 |
| 8 | BlackRock Latin American Investment Trust Plc | 156,953 | 156,953 | 4,313,068.44 | 2.7055 | 0.1779 | 06/30/2025 |
| 9 | GuideStone Emerging Markets Equity Fund | 106,209 | 30,242 | 2,918,623.32 | 0.3425 | 0.1204 | 03/31/2025 |
| 10 | Grandeur Peak Global Opportunities Fund | 76,071 | 0 | 2,090,431.08 | 0.4165 | 0.0862 | 04/30/2025 |
| 11 | PineBridge Ivmt (Japan) PB Global Technology Infra. Mother Fd. | 75,000 | 0 | 2,061,000 | 0.9968 | 0.085 | 12/16/2024 |
| 12 | Wilmington International Fund | 70,960 | 17,829 | 1,949,980.8 | 0.36 | 0.0804 | 04/30/2025 |
| 13 | Grandeur Peak International Opportunities Fund | 64,778 | 0 | 1,780,099.44 | 0.531 | 0.0734 | 04/30/2025 |
| 14 | CIF - Capital Group Emerging Markets Total Opportunities (LUX) | 58,115 | 0 | 1,597,000.2 | 0.5365 | 0.0659 | 03/31/2025 |
| 15 | BNY Mellon Developed Markets Real Estate Securities Fund | 52,260 | 0 | 1,436,104.8 | 0.4707 | 0.0592 | 05/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Morgan Stanley & Co. LLC | 1,713,286 | 1,628,900 | 47,081,099.28 | 0.0165 | 1.9414 | 03/31/2025 |
| 2 | Merrill Lynch International (Investment Management) | 489,506 | 489,506 | 13,451,624.88 | 0.0711 | 0.5547 | 03/31/2025 |
| 3 | SPX Gestao de Recursos Ltda. | 253,726 | 253,726 | 6,972,390.48 | 0.3511 | 0.2875 | 03/31/2025 |
| 4 | Healthcare of Ontario Pension Plan | 322,300 | 249,300 | 8,856,804 | 0.0175 | 0.3652 | 03/31/2025 |
| 5 | Wellington Management Co. LLP | 1,447,838 | 245,191 | 39,786,588.24 | 0.0067 | 1.6406 | 03/31/2025 |
| 6 | FIAM LLC | 1,195,951 | 178,156 | 32,864,733.48 | 0.0192 | 1.3552 | 03/31/2025 |
| 7 | BlackRock Investment Management (UK) Ltd. | 128,925 | 128,925 | 3,542,859 | 0.0005 | 0.1461 | 03/31/2025 |
| 8 | Fidelity Management & Research Co. LLC | 674,442 | 73,117 | 18,533,666.16 | 0.0011 | 0.7643 | 03/31/2025 |
| 9 | UBS Securities LLC | 92,063 | 60,761 | 2,529,891.24 | 0.001 | 0.1043 | 03/31/2025 |
| 10 | Lazard Asset Management LLC | 301,475 | 58,849 | 8,284,533 | 0.0073 | 0.3416 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Long Pond Capital LP | 949,940 | -1,713,229 | 26,104,351.2 | 1.5852 | 1.0764 | 03/31/2025 |
| 2 | Janus Henderson Investors UK Ltd. | 0 | -720,795 | 0 | 0 | 0 | |
| 3 | T. Rowe Price International Ltd. | 0 | -196,411 | 0 | 0 | 0 | |
| 4 | Janus Henderson Investors US LLC | 0 | -150,789 | 0 | 0 | 0 | |
| 5 | CenterSquare Investment Management LLC | 305,752 | -136,460 | 8,402,064.96 | 0.0861 | 0.3465 | 03/31/2025 |
| 6 | Marshall Wace LLP | 61,398 | -106,796 | 1,687,217.04 | 0.002 | 0.0696 | 03/31/2025 |
| 7 | Northern Trust Investments, Inc.(Investment Management) | 0 | -84,536 | 0 | 0 | 0 | |
| 8 | Capital International, Inc. | 120,678 | -64,387 | 3,316,231.44 | 0.0236 | 0.1367 | 03/31/2025 |
| 9 | Millennium Management LLC | 0 | -58,542 | 0 | 0 | 0 | |
| 10 | Macquarie Investment Management Business Trust | 582,239 | -45,115 | 15,999,927.72 | 0.0158 | 0.6598 | 03/31/2025 |
Data provided by FactSet Research Systems Inc.