| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Acadian Asset Management LLC | 16,381,603 | 2,104,492 | 274,228,034.22 | 0.4716 | 3.7613 | 06/30/2025 |
| 2 | Krane Funds Advisors LLC | 13,759,456 | -931,334 | 230,333,293.44 | 2.4851 | 3.1593 | 06/30/2025 |
| 3 | Robeco Institutional Asset Management BV | 11,881,391 | 773,836 | 198,894,485.34 | 0.1955 | 2.7281 | 06/30/2025 |
| 4 | BlackRock Fund Advisors | 10,033,725 | 83,549 | 167,964,556.5 | 0.0039 | 2.3038 | 06/30/2025 |
| 5 | The Vanguard Group, Inc. | 9,570,902 | -559,843 | 160,216,899.48 | 0.0022 | 2.1976 | 06/30/2025 |
| 6 | Carmignac Gestion SA | 9,510,664 | -424,394 | 159,208,515.36 | 1.6376 | 2.1837 | 06/30/2025 |
| 7 | FIL Investments International | 8,679,748 | 1,198,599 | 145,298,981.52 | 0.1086 | 1.9929 | 06/30/2025 |
| 8 | Dimensional Fund Advisors LP | 7,258,386 | 178,677 | 121,505,381.64 | 0.0194 | 1.6666 | 06/30/2025 |
| 9 | SSgA Funds Management, Inc. | 7,147,094 | 152,922 | 119,642,353.56 | 0.0042 | 1.641 | 06/30/2025 |
| 10 | Invesco Asset Management Ltd. | 6,557,069 | 851,030 | 109,765,335.06 | 0.1256 | 1.5056 | 06/30/2025 |
| 11 | Polaris Capital Management LLC | 5,593,300 | 909,200 | 93,631,842 | 1.566 | 1.2843 | 06/30/2025 |
| 12 | Arrowstreet Capital LP | 5,585,165 | -184,073 | 93,495,662.1 | 0.0613 | 1.2824 | 06/30/2025 |
| 13 | LSV Asset Management | 4,945,513 | 48,800 | 82,787,887.62 | 0.1434 | 1.1355 | 06/30/2025 |
| 14 | Orbis Investment Management Ltd. | 4,874,637 | -1,050,198 | 81,601,423.38 | 0.2282 | 1.1193 | 06/30/2025 |
| 15 | BlackRock Advisors (UK) Ltd. | 4,845,331 | 486,677 | 81,110,840.94 | 0.0098 | 1.1125 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | KraneShares CSI China Internet ETF | 14,390,568 | 2,722,090 | 240,898,108.32 | 2.9742 | 3.3042 | 07/31/2025 |
| 2 | Government Pension Fund - Global (The) | 12,780,658 | 0 | 213,948,214.92 | 0.0137 | 2.9345 | 12/31/2024 |
| 3 | Fidelity Funds SICAV - Global Technology Fund | 6,936,438 | 6,936,438 | 116,115,972.12 | 0.4055 | 1.5927 | 06/30/2025 |
| 4 | Carmignac Emergents | 4,763,430 | 2,946,837 | 79,739,818.2 | 7.4653 | 1.0937 | 03/31/2025 |
| 5 | Vanguard Total International Stock Index Fund | 4,395,249 | -401,949 | 73,576,468.26 | 0.0137 | 1.0092 | 07/31/2025 |
| 6 | Stichting Pensioenfonds ABP (Global Equity Portfolio) | 4,353,913 | 0 | 72,884,503.62 | 0.0178 | 0.9997 | 12/31/2023 |
| 7 | Vanguard Emerging Markets Stock Index Fund | 4,085,850 | -266,526 | 68,397,129 | 0.051 | 0.9381 | 07/31/2025 |
| 8 | R-co Valor Fund | 3,697,322 | 370,915 | 61,893,170.28 | 0.8572 | 0.8489 | 04/30/2025 |
| 9 | iShares Core MSCI Emerging Markets ETF | 3,102,709 | 152,319 | 51,939,348.66 | 0.0514 | 0.7124 | 07/31/2025 |
| 10 | State Board of Administration of Florida Retirement System | 2,926,839 | 173,069 | 48,995,284.86 | 0.0444 | 0.672 | 03/31/2025 |
| 11 | MFS Emerging Markets Equity Fund | 2,895,651 | -1,143,508 | 48,473,197.74 | 0.5343 | 0.6649 | 07/31/2025 |
| 12 | Invesco Far Eastern Invt. Ser. - Asian Fund (UK) | 2,873,565 | -30,428 | 48,103,478.1 | 1.2855 | 0.6598 | 06/30/2025 |
| 13 | Orbis SICAV - International Equity Fund | 2,861,024 | 0 | 47,893,541.76 | 1.4681 | 0.6569 | 12/31/2024 |
| 14 | CapitalatWork Foyer Umbrella - Contrarian Equities at Work | 2,758,000 | 0 | 46,168,920 | 1.2163 | 0.6333 | 12/31/2024 |
| 15 | DFA Emerging Markets Core Equity 2 Portfolio | 2,747,725 | 20,247 | 45,996,916.5 | 0.1437 | 0.6309 | 04/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | NBC Global Finance Ltd. | 3,416,200 | 3,416,200 | 57,187,188 | 0.2631 | 0.7844 | 06/30/2025 |
| 2 | Point72 Asset Management LP | 3,228,814 | 3,228,814 | 54,050,346.36 | 0.1065 | 0.7414 | 06/30/2025 |
| 3 | UBS Securities LLC | 3,779,915 | 2,515,830 | 63,275,777.1 | 0.0271 | 0.8679 | 06/30/2025 |
| 4 | Morgan Stanley & Co. LLC | 4,797,163 | 2,190,887 | 80,304,508.62 | 0.0282 | 1.1015 | 06/30/2025 |
| 5 | Acadian Asset Management LLC | 16,381,603 | 2,104,492 | 274,228,034.22 | 0.4716 | 3.7613 | 06/30/2025 |
| 6 | SG Americas Securities LLC | 1,926,991 | 1,912,245 | 32,257,829.34 | 0.1355 | 0.4425 | 06/30/2025 |
| 7 | Packer & Co. Ltd. | 1,549,263 | 1,549,263 | 25,934,662.62 | 7.975 | 0.3557 | 03/31/2025 |
| 8 | Verition Fund Management LLC | 1,461,608 | 1,461,608 | 24,467,317.92 | 0.1279 | 0.3356 | 06/30/2025 |
| 9 | Carmignac UK Ltd. | 1,370,300 | 1,370,300 | 22,938,822 | 0.3098 | 0.3146 | 07/31/2025 |
| 10 | FIL Investments International | 8,679,748 | 1,198,599 | 145,298,981.52 | 0.1086 | 1.9929 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | HHLR Advisors Ltd. | 1,131,788 | -13,748,214 | 18,946,131.12 | 0.1543 | 0.2599 | 06/30/2025 |
| 2 | First Beijing Investment Ltd. | 0 | -9,837,776 | 0 | 0 | 0 | |
| 3 | Goldman Sachs & Co. LLC (Private Banking) | 1,397,950 | -2,324,165 | 23,401,683 | 0.0099 | 0.321 | 06/30/2025 |
| 4 | Allspring Global Investments LLC | 4,135,120 | -2,318,476 | 69,221,908.8 | 0.0895 | 0.9495 | 06/30/2025 |
| 5 | FIL Investment Advisors (UK) Ltd. | 333,306 | -1,744,436 | 5,579,542.44 | 0.0188 | 0.0765 | 06/30/2025 |
| 6 | Voloridge Investment Management LLC | 0 | -1,600,324 | 0 | 0 | 0 | |
| 7 | Keywise Capital Management (HK) Ltd. | 0 | -1,513,600 | 0 | 0 | 0 | |
| 8 | Eastspring Investments (Singapore) Ltd. | 1,191,105 | -1,408,213 | 19,939,097.7 | 0.0698 | 0.2735 | 06/30/2025 |
| 9 | Norges Bank Investment Management | 3,370,406 | -1,389,422 | 56,420,596.44 | 0.0039 | 0.7739 | 06/30/2025 |
| 10 | Orbis Investment Management Ltd. | 4,874,637 | -1,050,198 | 81,601,423.38 | 0.2282 | 1.1193 | 06/30/2025 |
Data provided by FactSet Research Systems Inc.