| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Templeton Asset Management Ltd. | 3,107,533 | -16,209 | 98,011,590.82 | 0.6065 | 0.6596 | 12/31/2025 |
| 2 | JPMorgan Asset Management (UK) Ltd. | 1,779,994 | -537,706 | 56,141,010.76 | 0.0354 | 0.3778 | 12/31/2025 |
| 3 | USS Investment Management Ltd. | 1,561,544 | 1,467,666 | 49,251,097.76 | 0.2568 | 0.3315 | 12/31/2025 |
| 4 | The Vanguard Group, Inc. | 1,493,976 | -8,337 | 47,120,003.04 | 0.0007 | 0.3171 | 12/31/2025 |
| 5 | Allspring Global Investments LLC | 1,284,859 | -942,208 | 40,524,452.86 | 0.0551 | 0.2727 | 12/31/2025 |
| 6 | INCA Investments LLC | 1,064,274 | 540,096 | 33,567,201.96 | 12.2111 | 0.2259 | 12/31/2025 |
| 7 | RWC Asset Management LLP | 806,568 | -43,832 | 25,439,154.72 | 0.2601 | 0.1712 | 12/31/2025 |
| 8 | Robeco Institutional Asset Management BV | 763,326 | 486,598 | 24,075,302.04 | 0.0226 | 0.162 | 12/31/2025 |
| 9 | BlackRock Fund Advisors | 742,239 | 190,382 | 23,410,218.06 | 0.0005 | 0.1575 | 12/31/2025 |
| 10 | Renaissance Technologies LLC | 626,218 | -21,509 | 19,750,915.72 | 0.0316 | 0.1329 | 12/31/2025 |
| 11 | TT International Asset Management Ltd. | 550,315 | 550,315 | 17,356,935.1 | 1.1156 | 0.1168 | 12/31/2025 |
| 12 | Qube Research & Technologies Ltd. | 545,480 | 105,867 | 17,204,439.2 | 0.0256 | 0.1158 | 12/31/2025 |
| 13 | Dimensional Fund Advisors LP | 533,812 | 25,944 | 16,836,430.48 | 0.0025 | 0.1133 | 12/31/2025 |
| 14 | Storebrand Asset Management AS | 425,966 | 66,365 | 13,434,967.64 | 0.0228 | 0.0904 | 01/31/2026 |
| 15 | SSgA Funds Management, Inc. | 421,349 | -4,892 | 13,289,347.46 | 0.0005 | 0.0894 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Templeton Emerging Markets Investment Trust Plc | 1,152,694 | 0 | 36,355,968.76 | 1.0412 | 0.2447 | 02/28/2026 |
| 2 | iShares Tr. - Latin America 40 ETF | 1,012,993 | 447,406 | 31,949,799.22 | 0.7856 | 0.215 | 02/27/2026 |
| 3 | Vanguard Total International Stock Index Fund | 756,849 | -19,038 | 23,871,017.46 | 0.0041 | 0.1607 | 02/28/2026 |
| 4 | Redwheel Next Generation Emerging Markets Equity Fund | 563,666 | -138,456 | 17,778,025.64 | 0.7746 | 0.1196 | 02/27/2026 |
| 5 | Allspring Emerging Markets Equity Fund | 543,282 | -402,210 | 17,135,114.28 | 0.4669 | 0.1153 | 01/31/2026 |
| 6 | Vanguard Emerging Markets Stock Index Fund | 474,037 | 0 | 14,951,126.98 | 0.0098 | 0.1006 | 02/28/2026 |
| 7 | Templeton Developing Markets Trust | 466,531 | 0 | 14,714,387.74 | 0.7061 | 0.099 | 02/28/2026 |
| 8 | Avantis Emerging Markets Equity ETF | 457,829 | 187,342 | 14,439,926.66 | 0.0732 | 0.0972 | 02/27/2026 |
| 9 | FTIF SICAV - Emerging Markets Fund | 357,158 | 39,191 | 11,264,763.32 | 0.8505 | 0.0758 | 12/31/2025 |
| 10 | JPMorgan Fund ICVC - Emerging Markets Income Fund | 347,106 | -300,707 | 10,947,723.24 | 0.6063 | 0.0737 | 02/28/2026 |
| 11 | DFA Emerging Markets Core Equity 2 Portfolio | 286,879 | 0 | 9,048,163.66 | 0.0256 | 0.0609 | 12/31/2025 |
| 12 | Vanguard FTSE All World (ex-US) Index Fund | 258,683 | 22,951 | 8,158,861.82 | 0.0098 | 0.0549 | 02/28/2026 |
| 13 | JPMorgan Funds - Emerging Markets Dividend Fund | 239,863 | -95,545 | 7,565,279.02 | 0.6883 | 0.0509 | 02/28/2026 |
| 14 | JPMorgan Emerging Markets Dividend Income Trust Plc | 228,576 | -102,647 | 7,209,287.04 | 0.9948 | 0.0485 | 01/31/2026 |
| 15 | State Board of Administration of Florida Retirement System | 214,938 | -121,570 | 6,779,144.52 | 0.0064 | 0.0456 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | USS Investment Management Ltd. | 1,561,544 | 1,467,666 | 49,251,097.76 | 0.2568 | 0.3315 | 12/31/2025 |
| 2 | TT International Asset Management Ltd. | 550,315 | 550,315 | 17,356,935.1 | 1.1156 | 0.1168 | 12/31/2025 |
| 3 | INCA Investments LLC | 1,064,274 | 540,096 | 33,567,201.96 | 12.2111 | 0.2259 | 12/31/2025 |
| 4 | Robeco Institutional Asset Management BV | 763,326 | 486,598 | 24,075,302.04 | 0.0226 | 0.162 | 12/31/2025 |
| 5 | Arrowstreet Capital LP | 410,258 | 294,688 | 12,939,537.32 | 0.0075 | 0.0871 | 12/31/2025 |
| 6 | BlackRock Fund Advisors | 742,239 | 190,382 | 23,410,218.06 | 0.0005 | 0.1575 | 12/31/2025 |
| 7 | American Century Investment Management, Inc. | 396,627 | 124,894 | 12,509,615.58 | 0.0049 | 0.0842 | 12/31/2025 |
| 8 | Millennium Management LLC | 271,827 | 113,363 | 8,573,423.58 | 0.0065 | 0.0577 | 12/31/2025 |
| 9 | DePrince, Race & Zollo, Inc. | 108,284 | 108,284 | 3,415,277.36 | 0.0649 | 0.023 | 12/31/2025 |
| 10 | Qube Research & Technologies Ltd. | 545,480 | 105,867 | 17,204,439.2 | 0.0256 | 0.1158 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Allspring Global Investments LLC | 1,284,859 | -942,208 | 40,524,452.86 | 0.0551 | 0.2727 | 12/31/2025 |
| 2 | JPMorgan Asset Management (UK) Ltd. | 1,779,994 | -537,706 | 56,141,010.76 | 0.0354 | 0.3778 | 12/31/2025 |
| 3 | Candriam Belgium SA | 0 | -486,713 | 0 | 0 | 0 | |
| 4 | abrdn Investments Ltd. | 405,588 | -332,450 | 12,792,245.52 | 0.0324 | 0.0861 | 12/31/2025 |
| 5 | UBS Asset Management (Americas) LLC | 395 | -331,953 | 12,458.3 | 0 | 0.0001 | 12/31/2025 |
| 6 | SEI Investments Management Corp. | 133,243 | -178,306 | 4,202,484.22 | 0.0039 | 0.0283 | 12/31/2025 |
| 7 | William Blair Investment Management LLC | 0 | -169,653 | 0 | 0 | 0 | |
| 8 | Citadel Advisors LLC | 94,951 | -166,843 | 2,994,754.54 | 0.0031 | 0.0202 | 12/31/2025 |
| 9 | AQR Capital Management LLC | 16,165 | -159,570 | 509,844.1 | 0.0003 | 0.0034 | 12/31/2025 |
| 10 | Cubist Systematic Strategies LLC | 0 | -144,650 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.