| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Aquamarine Financial (Cayman) Ltd. | 156,848,134 | 19,314,481 | 552,105,431.68 | 38.0234 | 2.966 | 03/31/2026 |
| 2 | Arrowstreet Capital LP | 79,507,406 | 14,252,571 | 279,866,069.12 | 0.1278 | 1.5035 | 03/31/2026 |
| 3 | Wellington Management Co. LLP | 75,933,266 | 1,738,950 | 267,285,096.32 | 0.0414 | 1.4359 | 03/31/2026 |
| 4 | ARGA Investment Management LP | 75,139,939 | -39,359,608 | 264,492,585.28 | 1.2614 | 1.4209 | 03/31/2026 |
| 5 | Massachusetts Financial Services Co. | 56,970,480 | -24,107,258 | 200,536,089.6 | 0.063 | 1.0773 | 03/31/2026 |
| 6 | Fisher Asset Management LLC | 53,277,128 | -35,128,164 | 187,535,490.56 | 0.0563 | 1.0075 | 03/31/2026 |
| 7 | Itau USA Asset Management, Inc. | 49,057,171 | 12,968,839 | 172,681,241.92 | 2.5982 | 0.9277 | 03/31/2026 |
| 8 | Two Sigma Investments LP | 47,295,315 | 15,962,272 | 166,479,508.8 | 0.1244 | 0.8944 | 03/31/2026 |
| 9 | Templeton Asset Management Ltd. | 46,668,358 | -708,953 | 164,272,620.16 | 0.7856 | 0.8825 | 03/31/2026 |
| 10 | BlackRock Fund Advisors | 36,674,357 | 14,381,930 | 129,093,736.64 | 0.0024 | 0.6935 | 03/31/2026 |
| 11 | Baillie Gifford & Co. | 36,393,155 | 8,419,044 | 128,103,905.6 | 0.075 | 0.6882 | 03/31/2026 |
| 12 | Goldman Sachs Asset Management LP | 32,411,685 | -2,875,993 | 114,089,131.2 | 0.0205 | 0.6129 | 03/31/2026 |
| 13 | Jane Street Capital LLC | 26,958,908 | 26,789,344 | 94,895,356.16 | 0.0834 | 0.5098 | 03/31/2026 |
| 14 | EARNEST Partners LLC | 22,755,917 | 1,220,834 | 80,100,827.84 | 0.2633 | 0.4303 | 03/31/2026 |
| 15 | Merrill Lynch International (Investment Management) | 22,350,690 | 22,348,937 | 78,674,428.8 | 0.3134 | 0.4227 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | iShares Tr. - Latin America 40 ETF | 39,500,293 | 18,723,529 | 139,041,031.36 | 2.9235 | 0.747 | 04/30/2026 |
| 2 | MFS Research International Fund | 36,716,785 | -3,746,303 | 129,243,083.2 | 0.7627 | 0.6943 | 04/30/2026 |
| 3 | Hartford International Value Fund (The) | 35,553,873 | 287,117 | 125,149,632.96 | 0.8575 | 0.6723 | 04/30/2026 |
| 4 | St. James's Place Unit Trust - Emerging Markets Equity | 21,515,709 | 0 | 75,735,295.68 | 0.5359 | 0.4069 | 09/30/2025 |
| 5 | DWS Invest - Latin American Equities | 18,603,818 | -760,961 | 65,485,439.36 | 2.486 | 0.3518 | 03/31/2026 |
| 6 | Vanguard Global Capital Cycles Fund | 17,751,996 | 525,129 | 62,487,025.92 | 1.6288 | 0.3357 | 01/31/2026 |
| 7 | Baillie Gifford Emerging Markets Equities Fund | 17,218,828 | 4,582,226 | 60,610,274.56 | 0.653 | 0.3256 | 12/31/2025 |
| 8 | Templeton Emerging Markets Investment Trust Plc | 15,755,350 | -196,004 | 55,458,832 | 1.2221 | 0.2979 | 04/30/2026 |
| 9 | Nomura Emerging Markets Fund | 15,000,000 | -1,200,000 | 52,800,000 | 0.3297 | 0.2837 | 03/31/2026 |
| 10 | GS Funds - Emerging Markets CORE Equity Portfolio | 14,258,800 | 7,589,600 | 50,190,976 | 1.0455 | 0.2696 | 02/28/2026 |
| 11 | Vanguard International Value Fund | 11,876,091 | -427,328 | 41,803,840.32 | 0.3398 | 0.2246 | 01/31/2026 |
| 12 | Avantis Emerging Markets Equity ETF | 11,033,030 | 3,263,531 | 38,836,265.6 | 0.1552 | 0.2086 | 04/30/2026 |
| 13 | MFS International New Discovery Fund | 10,124,054 | 145,992 | 35,636,670.08 | 0.453 | 0.1914 | 04/30/2026 |
| 14 | Skyline Umb. Fd. ICAV - ARGA Emerging Market Equity Fund | 10,034,991 | 0 | 35,323,168.32 | 1.7612 | 0.1898 | 10/31/2025 |
| 15 | State Street SPDR Portfolio Emerging Markets ETF | 9,754,809 | 965,030 | 34,336,927.68 | 0.1922 | 0.1845 | 04/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Jane Street Capital LLC | 26,958,908 | 26,789,344 | 94,895,356.16 | 0.0834 | 0.5098 | 03/31/2026 |
| 2 | Merrill Lynch International (Investment Management) | 22,350,690 | 22,348,937 | 78,674,428.8 | 0.3134 | 0.4227 | 03/31/2026 |
| 3 | Aquamarine Financial (Cayman) Ltd. | 156,848,134 | 19,314,481 | 552,105,431.68 | 38.0234 | 2.966 | 03/31/2026 |
| 4 | Edward D. Jones & Co. LP (Investment Management) | 16,575,297 | 16,553,159 | 58,345,045.44 | 0.0246 | 0.3134 | 03/31/2026 |
| 5 | Two Sigma Investments LP | 47,295,315 | 15,962,272 | 166,479,508.8 | 0.1244 | 0.8944 | 03/31/2026 |
| 6 | BlackRock Fund Advisors | 36,674,357 | 14,381,930 | 129,093,736.64 | 0.0024 | 0.6935 | 03/31/2026 |
| 7 | Arrowstreet Capital LP | 79,507,406 | 14,252,571 | 279,866,069.12 | 0.1278 | 1.5035 | 03/31/2026 |
| 8 | Itau USA Asset Management, Inc. | 49,057,171 | 12,968,839 | 172,681,241.92 | 2.5982 | 0.9277 | 03/31/2026 |
| 9 | Vanguard Capital Management LLC | 12,481,466 | 12,481,466 | 43,934,760.32 | 0.0007 | 0.236 | 03/31/2026 |
| 10 | BAMCO, Inc. | 10,083,509 | 10,083,509 | 35,493,951.68 | 0.0892 | 0.1907 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | ARGA Investment Management LP | 75,139,939 | -39,359,608 | 264,492,585.28 | 1.2614 | 1.4209 | 03/31/2026 |
| 2 | Two Sigma Advisers LP | 0 | -38,026,420 | 0 | 0 | 0 | |
| 3 | Fisher Asset Management LLC | 53,277,128 | -35,128,164 | 187,535,490.56 | 0.0563 | 1.0075 | 03/31/2026 |
| 4 | Acadian Asset Management LLC | 11,058,857 | -31,800,989 | 38,927,176.64 | 0.0417 | 0.2091 | 03/31/2026 |
| 5 | Massachusetts Financial Services Co. | 56,970,480 | -24,107,258 | 200,536,089.6 | 0.063 | 1.0773 | 03/31/2026 |
| 6 | Marshall Wace LLP | 13,150,905 | -18,894,484 | 46,291,185.6 | 0.042 | 0.2487 | 03/31/2026 |
| 7 | The Vanguard Group, Inc. | 0 | -12,827,024 | 0 | 0 | 0 | |
| 8 | Point72 Asset Management LP | 0 | -9,309,238 | 0 | 0 | 0 | |
| 9 | Russell Investment Management LLC | 11,176,694 | -7,330,208 | 39,341,962.88 | 0.0332 | 0.2114 | 03/31/2026 |
| 10 | Tredje AP-fonden | 5,458,019 | -7,171,981 | 19,212,226.88 | 0.0817 | 0.1032 | 03/31/2026 |
Data provided by FactSet Research Systems Inc.