| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Aquamarine Financial (Cayman) Ltd. | 9,817,925 | 822,603 | 53,016,795 | 3.841 | 0.2619 | 03/31/2026 |
| 2 | Nomura Investment Management Business Trust | 3,423,084 | -184,988 | 18,484,653.6 | 0.0243 | 0.0913 | 03/31/2026 |
| 3 | Vanguard Capital Management LLC | 3,101,965 | 3,101,965 | 16,750,611 | 0.0003 | 0.0827 | 03/31/2026 |
| 4 | Arrowstreet Capital LP | 2,110,748 | -846,540 | 11,398,039.2 | 0.0053 | 0.0563 | 03/31/2026 |
| 5 | Ayalon Mutual Funds Ltd. | 1,155,888 | 2,720 | 6,241,795.2 | 0.2987 | 0.0308 | 02/26/2026 |
| 6 | American Century Investment Management, Inc. | 1,030,687 | 185,493 | 5,565,709.8 | 0.0019 | 0.0275 | 03/31/2026 |
| 7 | Alpine Global Management LLC | 775,000 | 775,000 | 4,185,000 | 0.7321 | 0.0207 | 03/31/2026 |
| 8 | Qube Research & Technologies Ltd. | 736,861 | 736,861 | 3,979,049.4 | 0.0053 | 0.0197 | 03/31/2026 |
| 9 | Goldman Sachs & Co. LLC (Private Banking) | 599,913 | 552,615 | 3,239,530.2 | 0.001 | 0.016 | 03/31/2026 |
| 10 | Leap Investments LP | 406,000 | 162,600 | 2,192,400 | 0.0444 | 0.0108 | 03/31/2026 |
| 11 | Third Year GmbH (Investment Mgmt) | 400,000 | 0 | 2,160,000 | 1.656 | 0.0107 | 10/31/2025 |
| 12 | UBS Securities LLC | 393,623 | 295,068 | 2,125,564.2 | 0.0008 | 0.0105 | 03/31/2026 |
| 13 | Marshall Wace LLP | 365,492 | 365,492 | 1,973,656.8 | 0.0019 | 0.0097 | 03/31/2026 |
| 14 | AllianceBernstein LP | 338,412 | 11,151 | 1,827,424.8 | 0.0005 | 0.009 | 03/31/2026 |
| 15 | Connor, Clark & Lunn Investment Management Ltd. | 294,790 | 282,031 | 1,591,866 | 0.0031 | 0.0079 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Vanguard Emerging Markets Stock Index Fund | 3,101,965 | 0 | 16,750,611 | 0.0101 | 0.0827 | 04/30/2026 |
| 2 | Nomura Emerging Markets Fund | 2,884,119 | -15,881 | 15,574,242.6 | 0.1072 | 0.0769 | 03/31/2026 |
| 3 | Avantis Emerging Markets Equity ETF | 1,016,593 | 199,196 | 5,489,602.2 | 0.023 | 0.0271 | 04/30/2026 |
| 4 | Ayalon Zvulun 4D Global Stocks | 724,989 | 2,720 | 3,914,940.6 | 6.99 | 0.0193 | 02/26/2026 |
| 5 | ART Global Macro | 400,000 | 0 | 2,160,000 | 1.5148 | 0.0107 | 10/31/2025 |
| 6 | AYALON ZVULUN 5E Long Short Global Mutual Hedge Fund | 383,149 | 0 | 2,069,004.6 | 5.2905 | 0.0102 | 02/26/2026 |
| 7 | Nomura VIP Emerging Markets Series | 153,366 | 0 | 828,176.4 | 0.0629 | 0.0041 | 03/31/2026 |
| 8 | Lumyna - MW TOPS UCITS Fund | 151,174 | 0 | 816,339.6 | 0.0298 | 0.004 | 03/31/2025 |
| 9 | ActivePassive International Equity ETF | 106,102 | 106,102 | 572,950.8 | 0.0569 | 0.0028 | 04/30/2026 |
| 10 | Goldman Sachs ETF ICAV - Alp. En. Emg. Mkt. Eq. Act. UCITS ETF | 87,234 | 87,234 | 471,063.6 | 0.1314 | 0.0023 | 04/30/2026 |
| 11 | LUX IM - Global Emerging Equities | 78,284 | 0 | 422,733.6 | 0.1217 | 0.0021 | 06/30/2025 |
| 12 | Macquarie Fd. Sol. - Emerging Markets Fund | 73,200 | 0 | 395,280 | 0.1153 | 0.002 | 09/30/2025 |
| 13 | Praxis International Index Fund | 65,143 | 0 | 351,772.2 | 0.0604 | 0.0017 | 12/31/2025 |
| 14 | DWS Invest - Brazilian Equities | 61,639 | 57,430 | 332,850.6 | 0.1799 | 0.0016 | 03/31/2026 |
| 15 | Dimensional Emerging Markets Value ETF | 49,900 | 49,300 | 269,460 | 0.0147 | 0.0013 | 04/29/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Vanguard Capital Management LLC | 3,101,965 | 3,101,965 | 16,750,611 | 0.0003 | 0.0827 | 03/31/2026 |
| 2 | Aquamarine Financial (Cayman) Ltd. | 9,817,925 | 822,603 | 53,016,795 | 3.841 | 0.2619 | 03/31/2026 |
| 3 | Alpine Global Management LLC | 775,000 | 775,000 | 4,185,000 | 0.7321 | 0.0207 | 03/31/2026 |
| 4 | Qube Research & Technologies Ltd. | 736,861 | 736,861 | 3,979,049.4 | 0.0053 | 0.0197 | 03/31/2026 |
| 5 | Goldman Sachs & Co. LLC (Private Banking) | 599,913 | 552,615 | 3,239,530.2 | 0.001 | 0.016 | 03/31/2026 |
| 6 | Marshall Wace LLP | 365,492 | 365,492 | 1,973,656.8 | 0.0019 | 0.0097 | 03/31/2026 |
| 7 | UBS Securities LLC | 393,623 | 295,068 | 2,125,564.2 | 0.0008 | 0.0105 | 03/31/2026 |
| 8 | Connor, Clark & Lunn Investment Management Ltd. | 294,790 | 282,031 | 1,591,866 | 0.0031 | 0.0079 | 03/31/2026 |
| 9 | D. E. Shaw & Co. LP | 189,738 | 189,738 | 1,024,585.2 | 0.0007 | 0.0051 | 03/31/2026 |
| 10 | Jane Street Capital LLC | 245,696 | 187,934 | 1,326,758.4 | 0.0012 | 0.0066 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | The Vanguard Group, Inc. | 0 | -3,101,965 | 0 | 0 | 0 | |
| 2 | Arrowstreet Capital LP | 2,110,748 | -846,540 | 11,398,039.2 | 0.0053 | 0.0563 | 03/31/2026 |
| 3 | BlackRock Fund Advisors | 89 | -385,364 | 480.6 | 0 | 0 | 03/31/2026 |
| 4 | Wellington Management Japan Pte Ltd. | 192,740 | -324,625 | 1,040,796 | 0.0306 | 0.0051 | 03/31/2026 |
| 5 | Itau USA Asset Management, Inc. | 61,639 | -280,683 | 332,850.6 | 0.005 | 0.0016 | 03/31/2026 |
| 6 | Nomura Investment Management Business Trust | 3,423,084 | -184,988 | 18,484,653.6 | 0.0243 | 0.0913 | 03/31/2026 |
| 7 | Two Sigma Investments LP | 94,475 | -128,567 | 510,165 | 0.0004 | 0.0025 | 03/31/2026 |
| 8 | Prospera Financial Services, Inc. | 0 | -127,691 | 0 | 0 | 0 | |
| 9 | Cordatus Wealth Management LLC | 0 | -127,059 | 0 | 0 | 0 | |
| 10 | Point72 Asset Management LP | 193,576 | -113,743 | 1,045,310.4 | 0.0016 | 0.0052 | 03/31/2026 |
Data provided by FactSet Research Systems Inc.