| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | OLP Capital Management Ltd. | 8,524,608 | 2,816,975 | 317,285,909.76 | 32.4622 | 2.5008 | 09/30/2025 |
| 2 | Norges Bank Investment Management | 7,411,612 | 6,561,806 | 275,860,198.64 | 0.0174 | 2.1743 | 12/31/2025 |
| 3 | First Beijing Investment Ltd. | 5,668,822 | -181,140 | 210,993,554.84 | 6.6644 | 1.663 | 09/30/2025 |
| 4 | Fidelity Management & Research Co. LLC | 4,702,170 | 822,000 | 175,014,767.4 | 0.0095 | 1.3794 | 09/30/2025 |
| 5 | M&G Investment Management Ltd. | 3,025,282 | -273,648 | 112,600,996.04 | 0.1344 | 0.8875 | 09/30/2025 |
| 6 | Goldman Sachs & Co. LLC (Private Banking) | 3,022,611 | 146,994 | 112,501,581.42 | 0.0477 | 0.8867 | 09/30/2025 |
| 7 | The Vanguard Group, Inc. | 2,671,138 | 549,136 | 99,419,756.36 | 0.0013 | 0.7836 | 12/31/2025 |
| 8 | Greenwoods Investments SG Pte Ltd. | 2,290,136 | 2,079,436 | 85,238,861.92 | 2.1266 | 0.6718 | 12/31/2025 |
| 9 | Renaissance Technologies LLC | 1,922,368 | 132,600 | 71,550,536.96 | 0.0931 | 0.5639 | 09/30/2025 |
| 10 | Acadian Asset Management LLC | 1,825,189 | 731,910 | 67,933,534.58 | 0.0973 | 0.5354 | 09/30/2025 |
| 11 | BofA Securities, Inc. | 1,522,534 | -4,831 | 56,668,715.48 | 0.0957 | 0.4467 | 09/30/2025 |
| 12 | Morgan Stanley & Co. LLC | 1,504,607 | -690,383 | 56,001,472.54 | 0.0186 | 0.4414 | 09/30/2025 |
| 13 | First Sentier Investors (Hong Kong) Ltd. | 1,386,999 | 5,399 | 51,624,102.78 | 0.3244 | 0.4069 | 12/31/2025 |
| 14 | Numeric Investors LLC | 1,250,953 | -691,243 | 46,560,470.66 | 0.1145 | 0.367 | 09/30/2025 |
| 15 | UBS Securities LLC | 1,114,287 | -545,706 | 41,473,762.14 | 0.0165 | 0.3269 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Government Pension Fund - Global (The) | 4,098,354 | 0 | 152,540,735.88 | 0.0094 | 1.2023 | 06/30/2025 |
| 2 | Fidelity Growth Company Commingled Pool | 2,158,682 | 155,019 | 80,346,144.04 | 0.0736 | 0.6333 | 12/31/2025 |
| 3 | Fidelity Growth Company Fund | 1,604,333 | 94,064 | 59,713,274.26 | 0.073 | 0.4706 | 12/31/2025 |
| 4 | Vanguard Total International Stock Index Fund | 1,184,195 | 202,087 | 44,075,737.9 | 0.0071 | 0.3474 | 12/31/2025 |
| 5 | JPMorgan Emerging Markets Equity Fund | 1,157,867 | 1,157,867 | 43,095,809.74 | 0.4131 | 0.3397 | 12/31/2025 |
| 6 | First Sentier Invs. Glb. Umb. - FSSA China Growth Fund | 1,155,554 | 0 | 43,009,719.88 | 1.4781 | 0.339 | 07/31/2025 |
| 7 | Vanguard Emerging Markets Stock Index Fund | 1,109,272 | 236,624 | 41,287,103.84 | 0.0268 | 0.3254 | 12/31/2025 |
| 8 | Principal Funds, Inc. - Global Emerging Markets Fund | 713,170 | -236,440 | 26,544,187.4 | 0.4452 | 0.2092 | 12/31/2025 |
| 9 | Stichting Pensioenfonds ABP (Global Equity Portfolio) | 654,648 | 0 | 24,365,998.56 | 0.006 | 0.192 | 12/31/2024 |
| 10 | Vanguard Institutional Total Intl. Stock Market Index Tr. II | 614,279 | 108,389 | 22,863,464.38 | 0.0072 | 0.1802 | 12/31/2025 |
| 11 | Schroder ISF - Hong Kong Equity | 593,295 | 56,205 | 22,082,439.9 | 2.3648 | 0.174 | 12/31/2025 |
| 12 | JPMorgan Funds - Emerging Markets Equity Fund | 540,603 | 540,603 | 20,121,243.66 | 0.4203 | 0.1586 | 12/31/2025 |
| 13 | Fidelity Growth Company K6 Fund | 446,685 | -27,483 | 16,625,615.7 | 0.0702 | 0.131 | 12/31/2025 |
| 14 | Fidelity Series Growth Company Fund | 424,500 | 7,900 | 15,799,890 | 0.0765 | 0.1245 | 12/31/2025 |
| 15 | iShares Core MSCI Emerging Markets ETF | 418,440 | 32,236 | 15,574,336.8 | 0.0113 | 0.1228 | 01/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Norges Bank Investment Management | 7,411,612 | 6,561,806 | 275,860,198.64 | 0.0174 | 2.1743 | 12/31/2025 |
| 2 | OLP Capital Management Ltd. | 8,524,608 | 2,816,975 | 317,285,909.76 | 32.4622 | 2.5008 | 09/30/2025 |
| 3 | Greenwoods Investments SG Pte Ltd. | 2,290,136 | 2,079,436 | 85,238,861.92 | 2.1266 | 0.6718 | 12/31/2025 |
| 4 | Fidelity Management & Research Co. LLC | 4,702,170 | 822,000 | 175,014,767.4 | 0.0095 | 1.3794 | 09/30/2025 |
| 5 | Broad Peak Investment Advisers Pte Ltd. | 806,000 | 806,000 | 29,999,320 | 5.4177 | 0.2364 | 12/31/2025 |
| 6 | Acadian Asset Management LLC | 1,825,189 | 731,910 | 67,933,534.58 | 0.0973 | 0.5354 | 09/30/2025 |
| 7 | Millennium Management LLC | 1,052,392 | 711,660 | 39,170,030.24 | 0.0296 | 0.3087 | 09/30/2025 |
| 8 | Schroder Investment Management (Hong Kong) Ltd. | 648,212 | 648,212 | 24,126,450.64 | 0.0814 | 0.1902 | 09/30/2025 |
| 9 | Cederberg Capital Ltd. | 630,500 | 630,500 | 23,467,210 | 5.7615 | 0.185 | 09/30/2025 |
| 10 | The Vanguard Group, Inc. | 2,671,138 | 549,136 | 99,419,756.36 | 0.0013 | 0.7836 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Principal Global Investors LLC | 815,422 | -1,411,839 | 30,350,006.84 | 0.0136 | 0.2392 | 12/31/2025 |
| 2 | Walleye Capital LLC | 61,629 | -786,002 | 2,293,831.38 | 0.0119 | 0.0181 | 09/30/2025 |
| 3 | 3G Capital Partners LP (New York) | 400,000 | -750,000 | 14,888,000 | 3.7869 | 0.1173 | 09/30/2025 |
| 4 | Numeric Investors LLC | 1,250,953 | -691,243 | 46,560,470.66 | 0.1145 | 0.367 | 09/30/2025 |
| 5 | Morgan Stanley & Co. LLC | 1,504,607 | -690,383 | 56,001,472.54 | 0.0186 | 0.4414 | 09/30/2025 |
| 6 | SG Americas Securities LLC | 702,496 | -688,190 | 26,146,901.12 | 0.0338 | 0.2061 | 12/31/2025 |
| 7 | JPMorgan Securities LLC (Investment Management) | 1,019,377 | -625,457 | 37,941,211.94 | 0.0179 | 0.299 | 09/30/2025 |
| 8 | Canada Pension Plan Investment Board | 0 | -613,054 | 0 | 0 | 0 | |
| 9 | UBS Securities LLC | 1,114,287 | -545,706 | 41,473,762.14 | 0.0165 | 0.3269 | 12/31/2025 |
| 10 | Bank of America, NA (Private Banking) | 379,962 | -482,054 | 14,142,185.64 | 0.0042 | 0.1115 | 09/30/2025 |
Data provided by FactSet Research Systems Inc.