| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Aquamarine Financial (Cayman) Ltd. | 186,948,134 | 30,100,000 | 480,456,704.38 | 32.6541 | 3.3439 | 06/30/2026 |
| 2 | ARGA Investment Management LP | 82,243,666 | 7,103,727 | 211,366,221.62 | 1.1237 | 1.4711 | 09/30/2026 |
| 3 | Wellington Management Co. LLP | 71,222,029 | -4,711,237 | 183,040,614.53 | 0.029 | 1.2739 | 06/30/2026 |
| 4 | Arrowstreet Capital LP | 70,716,729 | -8,790,677 | 181,741,993.53 | 0.0743 | 1.2649 | 06/30/2026 |
| 5 | Fisher Asset Management LLC | 51,497,981 | -1,779,147 | 132,349,811.17 | 0.0377 | 0.9211 | 06/30/2026 |
| 6 | Templeton Asset Management Ltd. | 46,404,621 | -263,737 | 119,259,875.97 | 0.598 | 0.83 | 06/30/2026 |
| 7 | Itau USA Asset Management, Inc. | 42,672,528 | -6,384,643 | 109,668,396.96 | 1.5648 | 0.7633 | 06/30/2026 |
| 8 | Baillie Gifford & Co. | 34,838,542 | -1,554,613 | 89,535,052.94 | 0.0533 | 0.6231 | 06/30/2026 |
| 9 | BlackRock Fund Advisors | 33,534,986 | -3,139,371 | 86,184,914.02 | 0.0016 | 0.5998 | 06/30/2026 |
| 10 | Two Sigma Investments LP | 31,169,059 | -16,126,256 | 80,104,481.63 | 0.0603 | 0.5575 | 06/30/2026 |
| 11 | Massachusetts Financial Services Co. | 31,098,270 | -25,872,210 | 79,922,553.9 | 0.0251 | 0.5562 | 06/30/2026 |
| 12 | Goldman Sachs International | 30,707,164 | 24,190,013 | 78,917,411.48 | 0.4541 | 0.5493 | 06/30/2026 |
| 13 | Merrill Lynch International (Investment Management) | 30,358,696 | 8,008,006 | 78,021,848.72 | 0.2806 | 0.543 | 06/30/2026 |
| 14 | Jane Street Capital LLC | 26,696,112 | -262,796 | 68,609,007.84 | 0.0428 | 0.4775 | 06/30/2026 |
| 15 | Goldman Sachs Asset Management LP | 26,035,741 | -6,375,944 | 66,911,854.37 | 0.0116 | 0.4657 | 06/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Hartford International Value Fund (The) | 38,419,804 | 2,865,931 | 98,738,896.28 | 0.6124 | 0.6872 | 09/30/2026 |
| 2 | iShares Tr. - Latin America 40 ETF | 31,288,114 | -8,212,179 | 80,410,452.98 | 2.3906 | 0.5596 | 10/30/2026 |
| 3 | DWS Invest - Latin American Equities | 19,252,862 | -445,210 | 49,479,855.34 | 1.9724 | 0.3444 | 08/31/2026 |
| 4 | Baillie Gifford Emerging Markets Equities Fund | 15,905,365 | -1,313,463 | 40,876,788.05 | 0.534 | 0.2845 | 06/30/2026 |
| 5 | Templeton Emerging Markets Investment Trust Plc | 15,755,350 | 0 | 40,491,249.5 | 1.0303 | 0.2818 | 08/31/2026 |
| 6 | Vanguard Global Capital Cycles Fund | 15,470,976 | 0 | 39,760,408.32 | 1.0952 | 0.2767 | 07/31/2026 |
| 7 | Avantis Emerging Markets Equity ETF | 12,732,835 | 1,699,805 | 32,723,385.95 | 0.122 | 0.2277 | 10/30/2026 |
| 8 | St. James's Place Unit Trust - Emerging Markets Equity | 11,649,609 | 0 | 29,939,495.13 | 0.2636 | 0.2084 | 03/31/2026 |
| 9 | Skyline Umb. Fd. ICAV - ARGA Emerging Market Equity Fund | 10,034,991 | 0 | 25,789,926.87 | 1.5462 | 0.1795 | 10/31/2025 |
| 10 | Nomura Emerging Markets Fund | 10,000,000 | -5,000,000 | 25,700,000 | 0.2523 | 0.1789 | 09/30/2026 |
| 11 | Franklin Templeton Emerging Markets Equity Fund | 9,731,086 | 1,655,719 | 25,008,891.02 | 0.9726 | 0.1741 | 08/31/2026 |
| 12 | MFS International New Discovery Fund | 9,365,184 | -758,870 | 24,068,522.88 | 0.3187 | 0.1675 | 09/30/2026 |
| 13 | State Street SPDR Portfolio Emerging Markets ETF | 8,664,377 | -1,090,432 | 22,267,448.89 | 0.1371 | 0.155 | 10/30/2026 |
| 14 | Vanguard International Value Fund | 8,579,899 | -661,953 | 22,050,340.43 | 0.1912 | 0.1535 | 07/31/2026 |
| 15 | FTIF SICAV - Emerging Markets Fund | 7,645,103 | 4,387,837 | 19,647,914.71 | 0.8266 | 0.1367 | 08/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Aquamarine Financial (Cayman) Ltd. | 186,948,134 | 30,100,000 | 480,456,704.38 | 32.6541 | 3.3439 | 06/30/2026 |
| 2 | Goldman Sachs International | 30,707,164 | 24,190,013 | 78,917,411.48 | 0.4541 | 0.5493 | 06/30/2026 |
| 3 | Merrill Lynch International (Investment Management) | 30,358,696 | 8,008,006 | 78,021,848.72 | 0.2806 | 0.543 | 06/30/2026 |
| 4 | D. E. Shaw & Co. LP | 10,616,935 | 8,000,697 | 27,285,522.95 | 0.0173 | 0.1899 | 06/30/2026 |
| 5 | ARGA Investment Management LP | 82,243,666 | 7,103,727 | 211,366,221.62 | 1.1237 | 1.4711 | 09/30/2026 |
| 6 | Morgan Stanley Latam LLC | 10,008,678 | 6,241,215 | 25,722,302.46 | 2.4505 | 0.179 | 06/30/2026 |
| 7 | BofA Securities, Inc. | 6,300,594 | 6,198,720 | 16,192,526.58 | 0.0241 | 0.1127 | 06/30/2026 |
| 8 | Marshall Wace LLP | 18,735,839 | 5,584,934 | 48,151,106.23 | 0.04 | 0.3351 | 06/30/2026 |
| 9 | UBS Asset Management (Americas) LLC | 5,391,017 | 5,353,971 | 13,854,913.69 | 0.0067 | 0.0964 | 06/30/2026 |
| 10 | Empowered Funds LLC | 5,321,870 | 5,321,870 | 13,677,205.9 | 0.0626 | 0.0952 | 06/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Massachusetts Financial Services Co. | 31,098,270 | -25,872,210 | 79,922,553.9 | 0.0251 | 0.5562 | 06/30/2026 |
| 2 | Two Sigma Investments LP | 31,169,059 | -16,126,256 | 80,104,481.63 | 0.0603 | 0.5575 | 06/30/2026 |
| 3 | Arrowstreet Capital LP | 70,716,729 | -8,790,677 | 181,741,993.53 | 0.0743 | 1.2649 | 06/30/2026 |
| 4 | Grantham, Mayo, Van Otterloo & Co. LLC | 565,759 | -8,716,518 | 1,454,000.63 | 0.0023 | 0.0101 | 06/30/2026 |
| 5 | Acadian Asset Management LLC | 3,473,904 | -7,584,953 | 8,927,933.28 | 0.0089 | 0.0621 | 06/30/2026 |
| 6 | Itau USA Asset Management, Inc. | 42,672,528 | -6,384,643 | 109,668,396.96 | 1.5648 | 0.7633 | 06/30/2026 |
| 7 | Goldman Sachs Asset Management LP | 26,035,741 | -6,375,944 | 66,911,854.37 | 0.0116 | 0.4657 | 06/30/2026 |
| 8 | SEI Investments Management Corp. | 13,413,039 | -5,883,938 | 34,471,510.23 | 0.0272 | 0.2399 | 06/30/2026 |
| 9 | Renaissance Technologies LLC | 6,612,266 | -5,703,729 | 16,993,523.62 | 0.0233 | 0.1183 | 06/30/2026 |
| 10 | Wellington Management Co. LLP | 71,222,029 | -4,711,237 | 183,040,614.53 | 0.029 | 1.2739 | 06/30/2026 |
Data provided by FactSet Research Systems Inc.