| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | PRIMECAP Management Co. | 18,977,436 | -1,786,840 | 2,931,064,990.2 | 2.033 | 0.7949 | 12/31/2025 |
| 2 | JPMorgan Investment Management, Inc. | 14,760,711 | 1,579,539 | 2,279,791,813.95 | 0.2272 | 0.6183 | 12/31/2025 |
| 3 | Dodge & Cox | 10,016,870 | -947,400 | 1,547,105,571.5 | 0.5972 | 0.4196 | 12/31/2025 |
| 4 | Fidelity Management & Research Co. LLC | 7,508,050 | 882,912 | 1,159,618,322.5 | 0.0626 | 0.3145 | 12/31/2025 |
| 5 | Capital Research & Management Co. (World Investors) | 6,505,165 | 5,991,201 | 1,004,722,734.25 | 0.097 | 0.2725 | 12/31/2025 |
| 6 | HSBC Global Asset Management (UK) Ltd. | 6,070,076 | -32,491 | 937,523,238.2 | 0.5223 | 0.2543 | 09/30/2025 |
| 7 | Goldman Sachs & Co. LLC (Private Banking) | 6,033,183 | -5,744,001 | 931,825,114.35 | 0.4061 | 0.2527 | 12/31/2025 |
| 8 | UBS Securities LLC | 5,908,399 | 1,072,053 | 912,552,225.55 | 0.363 | 0.2475 | 12/31/2025 |
| 9 | HHLR Advisors Ltd. | 5,430,346 | 4,280,646 | 838,716,939.7 | 5.6309 | 0.2275 | 12/31/2025 |
| 10 | Fisher Asset Management LLC | 5,335,894 | 68,453 | 824,128,828.3 | 0.264 | 0.2235 | 12/31/2025 |
| 11 | Appaloosa LP | 5,137,931 | -1,929,340 | 793,553,442.95 | 10.6421 | 0.2152 | 12/31/2025 |
| 12 | Norges Bank Investment Management | 4,055,651 | -593,352 | 626,395,296.95 | 0.0379 | 0.1699 | 12/31/2025 |
| 13 | UBS Switzerland AG (Investment Management) | 4,001,617 | 2,536,316 | 618,049,745.65 | 1.276 | 0.1676 | 12/31/2025 |
| 14 | American Century Investment Management, Inc. | 3,293,118 | 754,063 | 508,622,075.1 | 0.1839 | 0.1379 | 12/31/2025 |
| 15 | Discerene Group LP | 2,980,844 | -4,643 | 460,391,355.8 | 43.3835 | 0.1249 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Vanguard PRIMECAP Fund | 11,354,717 | -1,031,700 | 1,753,736,040.65 | 2.1949 | 0.4756 | 12/31/2025 |
| 2 | JPMorgan Large Cap Growth Fund | 7,482,837 | -268,413 | 1,155,724,174.65 | 0.9959 | 0.3134 | 12/31/2025 |
| 3 | Dodge & Cox International Stock Fund | 7,067,500 | -687,200 | 1,091,575,375 | 1.639 | 0.296 | 12/31/2025 |
| 4 | Vanguard Capital Opportunity Fund | 3,563,376 | -39,000 | 550,363,423.2 | 1.9612 | 0.1493 | 09/30/2025 |
| 5 | American Funds New World Fund | 2,232,481 | 1,662,608 | 344,806,690.45 | 0.4385 | 0.0935 | 12/31/2025 |
| 6 | Fidelity Emerging Markets Fund | 2,222,200 | 543,600 | 343,218,790 | 3.3761 | 0.0931 | 12/31/2025 |
| 7 | Caisse de depot et placement du Quebec Fund - Portfolio | 2,150,970 | 0 | 332,217,316.5 | 0.0969 | 0.0901 | 12/31/2024 |
| 8 | Xtrackers (IE) Plc - Artificial Intelligence & Big Data UCITS | 2,108,532 | 2,108,532 | 325,662,767.4 | 4.7686 | 0.0883 | 01/30/2026 |
| 9 | Macquarie Emerging Markets Fund | 1,940,000 | 0 | 299,633,000 | 2.7544 | 0.0813 | 12/31/2025 |
| 10 | JPMorgan Emerging Markets Equity Fund | 1,817,868 | 1,097,008 | 280,769,712.6 | 2.5959 | 0.0761 | 12/31/2025 |
| 11 | Global X Artificial Intelligence & Technology ETF | 1,785,949 | 637,731 | 275,839,823.05 | 3.4204 | 0.0748 | 01/30/2026 |
| 12 | American Funds EuroPacific Growth Fund | 1,766,966 | 1,766,966 | 272,907,898.7 | 0.1916 | 0.074 | 12/31/2025 |
| 13 | Avantis Emerging Markets Equity ETF | 1,612,667 | 49,693 | 249,076,418.15 | 1.2892 | 0.0675 | 01/30/2026 |
| 14 | Strategic Advisers Fidelity Emerging Markets Fund | 1,559,254 | 305,119 | 240,826,780.3 | 0.6405 | 0.0653 | 12/31/2025 |
| 15 | UBS Lux Equity Fund - China Opportunity USD | 1,552,541 | 63,301 | 239,789,957.45 | 6.9814 | 0.065 | 10/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (World Investors) | 6,505,165 | 5,991,201 | 1,004,722,734.25 | 0.097 | 0.2725 | 12/31/2025 |
| 2 | HHLR Advisors Ltd. | 5,430,346 | 4,280,646 | 838,716,939.7 | 5.6309 | 0.2275 | 12/31/2025 |
| 3 | UBS Switzerland AG (Investment Management) | 4,001,617 | 2,536,316 | 618,049,745.65 | 1.276 | 0.1676 | 12/31/2025 |
| 4 | JPMorgan Investment Management, Inc. | 14,760,711 | 1,579,539 | 2,279,791,813.95 | 0.2272 | 0.6183 | 12/31/2025 |
| 5 | Jane Street Capital LLC | 1,433,768 | 1,431,339 | 221,445,467.6 | 0.2523 | 0.0601 | 12/31/2025 |
| 6 | Capula Investment US LP | 1,449,316 | 1,422,914 | 223,846,856.2 | 1.4734 | 0.0607 | 12/31/2025 |
| 7 | SG Americas Securities LLC | 1,703,760 | 1,381,370 | 263,145,732 | 0.3387 | 0.0714 | 12/31/2025 |
| 8 | Barclays Bank Plc (Private Banking) | 1,347,852 | 1,226,076 | 208,175,741.4 | 0.1078 | 0.0565 | 12/31/2025 |
| 9 | ClearBridge Investments LLC | 1,167,370 | 1,167,370 | 180,300,296.5 | 0.1317 | 0.0489 | 12/31/2025 |
| 10 | Altshuler Shaham Mutual Funds Management Ltd. | 1,094,350 | 1,094,350 | 169,022,357.5 | 2.245 | 0.0458 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Sanders Capital LLC | 0 | -8,533,159 | 0 | 0 | 0 | |
| 2 | Goldman Sachs & Co. LLC (Private Banking) | 6,033,183 | -5,744,001 | 931,825,114.35 | 0.4061 | 0.2527 | 12/31/2025 |
| 3 | D. E. Shaw & Co. LP | 717,596 | -3,728,515 | 110,832,702.2 | 0.0829 | 0.0301 | 12/31/2025 |
| 4 | North of South Capital LLP | 39,398 | -2,053,471 | 6,085,021.1 | 0.119 | 0.0017 | 12/31/2025 |
| 5 | Appaloosa LP | 5,137,931 | -1,929,340 | 793,553,442.95 | 10.6421 | 0.2152 | 12/31/2025 |
| 6 | Millennium Management LLC | 146,487 | -1,914,048 | 22,624,917.15 | 0.0159 | 0.0061 | 12/31/2025 |
| 7 | Assenagon Asset Management SA (Germany) | 141,703 | -1,864,888 | 21,886,028.35 | 0.0301 | 0.0059 | 12/31/2025 |
| 8 | Loomis, Sayles & Co. LP | 663,819 | -1,846,371 | 102,526,844.55 | 0.1252 | 0.0278 | 12/31/2025 |
| 9 | PRIMECAP Management Co. | 18,977,436 | -1,786,840 | 2,931,064,990.2 | 2.033 | 0.7949 | 12/31/2025 |
| 10 | Invesco Asset Management Ltd. | 0 | -1,748,061 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.