| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Aquamarine Financial (Cayman) Ltd. | 10,394,184 | 576,259 | 60,390,209.04 | 3.036 | 0.2772 | 06/30/2026 |
| 2 | Nomura Investment Management Business Trust | 3,133,332 | -289,752 | 18,204,658.92 | 0.0217 | 0.0836 | 06/30/2026 |
| 3 | Vanguard Capital Management LLC | 3,005,934 | -96,031 | 17,464,476.54 | 0.0003 | 0.0802 | 06/30/2026 |
| 4 | Marshall Wace LLP | 2,321,403 | 1,955,911 | 13,487,351.43 | 0.0111 | 0.0619 | 06/30/2026 |
| 5 | Arrowstreet Capital LP | 2,233,162 | 122,414 | 12,974,671.22 | 0.0052 | 0.0596 | 06/30/2026 |
| 6 | Ayalon Mutual Funds Ltd. | 2,075,332 | 648,384 | 12,057,678.92 | 0.3876 | 0.0554 | 07/30/2026 |
| 7 | Morgan Stanley Investment Management, Inc. | 1,750,000 | 1,750,000 | 10,167,500 | 0.0103 | 0.0467 | 06/30/2026 |
| 8 | Jane Street Capital LLC | 1,614,009 | 1,368,313 | 9,377,392.29 | 0.0057 | 0.043 | 06/30/2026 |
| 9 | American Century Investment Management, Inc. | 1,122,754 | 92,067 | 6,523,200.74 | 0.0021 | 0.0299 | 06/30/2026 |
| 10 | D. E. Shaw & Co. LP | 945,203 | 755,465 | 5,491,629.43 | 0.0034 | 0.0252 | 06/30/2026 |
| 11 | Goldman Sachs & Co. LLC (Private Banking) | 939,283 | 339,370 | 5,457,234.23 | 0.0014 | 0.0251 | 06/30/2026 |
| 12 | Millennium Management LLC | 886,680 | 662,472 | 5,151,610.8 | 0.0035 | 0.0236 | 06/30/2026 |
| 13 | BG Fund Management Luxembourg SA | 607,084 | 607,000 | 3,527,158.04 | 0.0749 | 0.0162 | 06/30/2026 |
| 14 | JPMorgan Securities LLC (Investment Management) | 470,736 | 470,736 | 2,734,976.16 | 0.0012 | 0.0126 | 06/30/2026 |
| 15 | Third Year GmbH (Investment Mgmt) | 400,000 | 0 | 2,324,000 | 1.7423 | 0.0107 | 04/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Vanguard Emerging Markets Stock Index Fund | 3,005,934 | -96,031 | 17,464,476.54 | 0.01 | 0.0802 | 08/31/2026 |
| 2 | Nomura Emerging Markets Fund | 2,884,119 | 0 | 16,756,731.39 | 0.1435 | 0.0769 | 08/31/2026 |
| 3 | Avantis Emerging Markets Equity ETF | 1,104,341 | 130,994 | 6,416,221.21 | 0.0226 | 0.0295 | 09/30/2026 |
| 4 | Ayalon Zvulun 4D Global Stocks | 864,023 | 139,034 | 5,019,973.63 | 7.0226 | 0.023 | 07/30/2026 |
| 5 | Ayalon Zvulun 4D Global stocks - Denominated in Dollar | 755,700 | 445,350 | 4,390,617 | 8.0448 | 0.0202 | 07/30/2026 |
| 6 | LUX IM - Global Emerging Equities | 607,084 | 607,000 | 3,527,158.04 | 0.5807 | 0.0162 | 06/30/2026 |
| 7 | AYALON ZVULUN 5E Long Short Global Mutual Hedge Fund | 455,609 | 64,000 | 2,647,088.29 | 5.916 | 0.0122 | 07/30/2026 |
| 8 | Goldman Sachs Funds SICAV - Emerg. Mrkt. ex-China Co. Eq. Port | 423,897 | 423,897 | 2,462,841.57 | 0.2499 | 0.0113 | 07/31/2026 |
| 9 | ART Global Macro | 400,000 | 0 | 2,324,000 | 1.6065 | 0.0107 | 04/30/2026 |
| 10 | GS Funds - Emerging Markets CORE Equity Portfolio | 310,300 | 310,300 | 1,802,843 | 0.038 | 0.0083 | 07/31/2026 |
| 11 | Goldman Sachs Emerging Markets Equity Insights Fund | 267,400 | 267,400 | 1,553,594 | 0.0412 | 0.0071 | 07/31/2026 |
| 12 | ActivePassive International Equity ETF | 189,254 | 105,191 | 1,099,565.74 | 0.0959 | 0.005 | 09/30/2026 |
| 13 | Dimensional Emerging Markets Core Equity 2 ETF | 145,699 | 142,587 | 846,511.19 | 0.0088 | 0.0039 | 09/30/2026 |
| 14 | Nomura VIP Emerging Markets Series | 93,728 | -59,638 | 544,559.68 | 0.0509 | 0.0025 | 08/31/2026 |
| 15 | Macquarie Fd. Sol. - Emerging Markets Fund | 73,200 | 0 | 425,292 | 0.1162 | 0.002 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Marshall Wace LLP | 2,321,403 | 1,955,911 | 13,487,351.43 | 0.0111 | 0.0619 | 06/30/2026 |
| 2 | Morgan Stanley Investment Management, Inc. | 1,750,000 | 1,750,000 | 10,167,500 | 0.0103 | 0.0467 | 06/30/2026 |
| 3 | Jane Street Capital LLC | 1,614,009 | 1,368,313 | 9,377,392.29 | 0.0057 | 0.043 | 06/30/2026 |
| 4 | D. E. Shaw & Co. LP | 945,203 | 755,465 | 5,491,629.43 | 0.0034 | 0.0252 | 06/30/2026 |
| 5 | Millennium Management LLC | 886,680 | 662,472 | 5,151,610.8 | 0.0035 | 0.0236 | 06/30/2026 |
| 6 | Ayalon Mutual Funds Ltd. | 2,075,332 | 648,384 | 12,057,678.92 | 0.3876 | 0.0554 | 07/30/2026 |
| 7 | BG Fund Management Luxembourg SA | 607,084 | 607,000 | 3,527,158.04 | 0.0749 | 0.0162 | 06/30/2026 |
| 8 | Aquamarine Financial (Cayman) Ltd. | 10,394,184 | 576,259 | 60,390,209.04 | 3.036 | 0.2772 | 06/30/2026 |
| 9 | JPMorgan Securities LLC (Investment Management) | 470,736 | 470,736 | 2,734,976.16 | 0.0012 | 0.0126 | 06/30/2026 |
| 10 | Goldman Sachs & Co. LLC (Private Banking) | 939,283 | 339,370 | 5,457,234.23 | 0.0014 | 0.0251 | 06/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Alpine Global Management LLC | 0 | -775,000 | 0 | 0 | 0 | |
| 2 | Qube Research & Technologies Ltd. | 385,188 | -351,673 | 2,237,942.28 | 0.0025 | 0.0103 | 06/30/2026 |
| 3 | AllianceBernstein LP | 0 | -338,412 | 0 | 0 | 0 | |
| 4 | Nomura Investment Management Business Trust | 3,133,332 | -289,752 | 18,204,658.92 | 0.0217 | 0.0836 | 06/30/2026 |
| 5 | Wellington Management Japan Pte Ltd. | 0 | -192,740 | 0 | 0 | 0 | |
| 6 | Leap Investments LP | 248,653 | -157,347 | 1,444,673.93 | 0.0244 | 0.0066 | 06/30/2026 |
| 7 | Vanguard Capital Management LLC | 3,005,934 | -96,031 | 17,464,476.54 | 0.0003 | 0.0802 | 06/30/2026 |
| 8 | Campbell & Co. Investment Adviser LLC | 0 | -91,409 | 0 | 0 | 0 | |
| 9 | CTBC Investments Co., Ltd. | 0 | -89,094 | 0 | 0 | 0 | |
| 10 | SPX Gestao de Recursos Ltda. | 0 | -86,883 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.