| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Orbis Investment Management Ltd. | 7,497,430 | -1,479,229 | 68,826,407.4 | 0.196 | 24.0067 | 06/30/2025 |
| 2 | The Vanguard Group, Inc. | 791,529 | -53,930 | 7,266,236.22 | 0.0001 | 2.5345 | 06/30/2025 |
| 3 | Franklin Templeton Sealand Fund Management Co., Ltd. | 444,764 | 0 | 4,082,933.52 | 0.1172 | 1.4241 | 12/31/2024 |
| 4 | Acadian Asset Management LLC | 372,687 | -25,820 | 3,421,266.66 | 0.006 | 1.1933 | 06/30/2025 |
| 5 | Vanguard Fiduciary Trust Co. | 211,666 | 3,161 | 1,943,093.88 | 0.002 | 0.6778 | 06/30/2025 |
| 6 | Connor, Clark & Lunn Investment Management Ltd. | 202,764 | 127,876 | 1,861,373.52 | 0.0058 | 0.6492 | 06/30/2025 |
| 7 | Walleye Capital LLC | 115,204 | 61,055 | 1,057,572.72 | 0.0069 | 0.3689 | 06/30/2025 |
| 8 | Qube Research & Technologies Ltd. | 109,559 | 68,054 | 1,005,751.62 | 0.0014 | 0.3508 | 06/30/2025 |
| 9 | Bank of America, NA (Private Banking) | 68,594 | 36,761 | 629,692.92 | 0.0002 | 0.2196 | 06/30/2025 |
| 10 | Renaissance Technologies LLC | 58,400 | 1,300 | 536,112 | 0.0007 | 0.187 | 06/30/2025 |
| 11 | The California Public Employees Retirement System | 39,808 | 3,433 | 365,437.44 | 0.0002 | 0.1275 | 06/30/2025 |
| 12 | Sanlam Investment Management (Pty) Ltd. | 39,138 | 0 | 359,286.84 | 0.0055 | 0.1253 | 12/31/2023 |
| 13 | Tidal Investments LLC | 30,267 | 30,267 | 277,851.06 | 0.0017 | 0.0969 | 06/30/2025 |
| 14 | Invesco Capital Management LLC | 29,291 | -1,153 | 268,891.38 | 0.0001 | 0.0938 | 06/30/2025 |
| 15 | Susquehanna Financial Group LLLP | 26,241 | 13,501 | 240,892.38 | 0.0004 | 0.084 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Orbis SICAV - Emerging Markets Equity Fund | 8,639,324 | 0 | 79,308,994.32 | 2.8202 | 27.663 | 12/31/2024 |
| 2 | Franklin Templeton Sealand Greater China Select Balanced Fund | 376,764 | 0 | 3,458,693.52 | 1.0674 | 1.2064 | 12/31/2024 |
| 3 | Vanguard Total International Stock Index Fund | 369,834 | 0 | 3,395,076.12 | 0.0006 | 1.1842 | 07/31/2025 |
| 4 | Vanguard Emerging Markets Stock Index Fund | 318,352 | 0 | 2,922,471.36 | 0.0022 | 1.0194 | 07/31/2025 |
| 5 | Vanguard Institutional Total Intl. Stock Market Index Tr. II | 185,289 | 3,161 | 1,700,953.02 | 0.0006 | 0.5933 | 07/31/2025 |
| 6 | Government Pension Fund - Global (The) | 96,599 | 0 | 886,778.82 | 0.0001 | 0.3093 | 12/31/2024 |
| 7 | Vanguard FTSE All World (ex-US) Small Cap | 84,752 | 0 | 778,023.36 | 0.0064 | 0.2714 | 07/31/2025 |
| 8 | Franklin Templeton Sealand Asia (ex-Japan) Opportunities Fund | 68,000 | 0 | 624,240 | 1.7283 | 0.2177 | 12/31/2024 |
| 9 | Sanlam Qualifying Inv. Fds. Plc - Inst. Equity Flexible | 39,138 | 0 | 359,286.84 | 1.1428 | 0.1253 | 12/31/2023 |
| 10 | Even Herd Long Short ETF | 29,434 | 29,434 | 270,204.12 | 0.4846 | 0.0942 | 07/31/2025 |
| 11 | Invesco Golden Dragon China ETF | 28,871 | 443 | 265,035.78 | 0.1841 | 0.0924 | 07/31/2025 |
| 12 | Vanguard Institutional Total Intl. Stock Market Index Trust | 26,377 | 0 | 242,140.86 | 0.0006 | 0.0845 | 06/30/2025 |
| 13 | CC&L UCITS ICAV - Q Emerging Markets Equity UCITS Fund | 17,353 | 10,681 | 159,300.54 | 0.0116 | 0.0556 | 06/30/2025 |
| 14 | Vanguard Total World Stock Index Fund | 14,330 | 0 | 131,549.4 | 0.0002 | 0.0459 | 07/31/2025 |
| 15 | Russell Invt. Co. Plc - Acadian Emerging Markets Equ. UCITS II | 13,493 | 0 | 123,865.74 | 0.0065 | 0.0432 | 09/30/2024 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Connor, Clark & Lunn Investment Management Ltd. | 202,764 | 127,876 | 1,861,373.52 | 0.0058 | 0.6492 | 06/30/2025 |
| 2 | Qube Research & Technologies Ltd. | 109,559 | 68,054 | 1,005,751.62 | 0.0014 | 0.3508 | 06/30/2025 |
| 3 | Walleye Capital LLC | 115,204 | 61,055 | 1,057,572.72 | 0.0069 | 0.3689 | 06/30/2025 |
| 4 | Bank of America, NA (Private Banking) | 68,594 | 36,761 | 629,692.92 | 0.0002 | 0.2196 | 06/30/2025 |
| 5 | Tidal Investments LLC | 30,267 | 30,267 | 277,851.06 | 0.0017 | 0.0969 | 06/30/2025 |
| 6 | Susquehanna Financial Group LLLP | 26,241 | 13,501 | 240,892.38 | 0.0004 | 0.084 | 06/30/2025 |
| 7 | Ayalon Mutual Funds Ltd. | 12,462 | 12,462 | 114,401.16 | 0.0084 | 0.0399 | 05/29/2025 |
| 8 | Ohio Public Employees Retirement System | 21,557 | 12,136 | 197,893.26 | 0.0006 | 0.069 | 06/30/2025 |
| 9 | Group One Trading LLC | 7,771 | 7,771 | 71,337.78 | 0.0023 | 0.0249 | 06/30/2025 |
| 10 | UBS Switzerland AG (Investment Management) | 6,593 | 6,593 | 60,523.74 | 0.0002 | 0.0211 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Orbis Investment Management Ltd. | 7,497,430 | -1,479,229 | 68,826,407.4 | 0.196 | 24.0067 | 06/30/2025 |
| 2 | Norges Bank Investment Management | 0 | -96,600 | 0 | 0 | 0 | |
| 3 | The Vanguard Group, Inc. | 791,529 | -53,930 | 7,266,236.22 | 0.0001 | 2.5345 | 06/30/2025 |
| 4 | GSA Capital Partners LLP | 0 | -42,395 | 0 | 0 | 0 | |
| 5 | Marshall Wace LLP | 25,330 | -39,461 | 232,529.4 | 0.0003 | 0.0811 | 06/30/2025 |
| 6 | Acadian Asset Management LLC | 372,687 | -25,820 | 3,421,266.66 | 0.006 | 1.1933 | 06/30/2025 |
| 7 | Symmetry Peak Management LLC | 0 | -24,500 | 0 | 0 | 0 | |
| 8 | Millennium Management LLC | 0 | -15,760 | 0 | 0 | 0 | |
| 9 | Russell Investment Management LLC | 0 | -14,020 | 0 | 0 | 0 | |
| 10 | Goldman Sachs & Co. LLC (Private Banking) | 0 | -10,533 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.