| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Dodge & Cox | 84,794,670 | -11,939,700 | 1,038,734,707.5 | 0.4047 | 5.6016 | 12/31/2025 |
| 2 | Orbis Investment Management Ltd. | 36,132,733 | 1,225,219 | 442,625,979.25 | 1.0784 | 2.387 | 12/31/2025 |
| 3 | Acadian Asset Management LLC | 22,696,400 | 12,870,053 | 278,030,900 | 0.3678 | 1.4994 | 12/31/2025 |
| 4 | Fidelity Management & Research Co. LLC | 22,626,361 | -15,233,155 | 277,172,922.25 | 0.0143 | 1.4947 | 12/31/2025 |
| 5 | T. Rowe Price Hong Kong Ltd. | 20,769,708 | 2,182,666 | 254,428,923 | 0.9155 | 1.3721 | 12/31/2025 |
| 6 | Robeco Institutional Asset Management BV | 18,999,445 | 8,632,779 | 232,743,201.25 | 0.1896 | 1.2551 | 03/31/2026 |
| 7 | Schroder Investment Management Ltd. | 17,680,170 | 12,474,840 | 216,582,082.5 | 0.0828 | 1.168 | 12/31/2025 |
| 8 | Wellington Management Co. LLP | 17,385,486 | 605,430 | 212,972,203.5 | 0.0333 | 1.1485 | 12/31/2025 |
| 9 | PointState Capital LP | 17,283,246 | 552,487 | 211,719,763.5 | 3.6993 | 1.1418 | 12/31/2025 |
| 10 | Brandes Investment Partners LP | 12,852,316 | -12,050,569 | 157,440,871 | 0.5997 | 0.849 | 12/31/2025 |
| 11 | FIAM LLC | 12,612,249 | -4,909,482 | 154,500,050.25 | 0.0713 | 0.8332 | 12/31/2025 |
| 12 | Dimensional Fund Advisors LP | 11,051,721 | 21,625 | 135,383,582.25 | 0.0182 | 0.7301 | 12/31/2025 |
| 13 | Itau USA Asset Management, Inc. | 10,857,832 | 3,766,639 | 133,008,442 | 1.9683 | 0.7173 | 12/31/2025 |
| 14 | Hill City Capital LP | 10,802,750 | 0 | 132,333,687.5 | 4.1712 | 0.7136 | 12/31/2025 |
| 15 | Schroder Investment Management North America, Inc. | 8,668,714 | 8,668,714 | 106,191,746.5 | 0.6067 | 0.5727 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Dodge & Cox International Stock Fund | 70,890,135 | -6,060,000 | 868,404,153.75 | 1.3552 | 4.6831 | 12/31/2025 |
| 2 | Fidelity Inv. Trust - Emerging Markets Opportunities Fund | 9,693,600 | -1,257,400 | 118,746,600 | 0.405 | 0.6404 | 02/28/2026 |
| 3 | Orbis SICAV - International Equity Fund | 9,298,520 | -2,211,836 | 113,906,870 | 2.8189 | 0.6143 | 12/31/2025 |
| 4 | T. Rowe Price Emerging Markets Discovery Stock Fund | 8,127,473 | 1,453,673 | 99,561,544.25 | 1.6035 | 0.5369 | 03/31/2026 |
| 5 | Redwheel Emerging Markets Equity Fund Ltd. | 7,388,367 | 0 | 90,507,495.75 | 2.2586 | 0.4881 | 06/28/2024 |
| 6 | DWS Invest - Latin American Equities | 6,167,466 | 1,883,438 | 75,551,458.5 | 2.7664 | 0.4074 | 02/27/2026 |
| 7 | Dodge & Cox Global Stock Fund | 5,109,400 | -3,191,300 | 62,590,150 | 0.4876 | 0.3375 | 12/31/2025 |
| 8 | Nomura Emerging Markets Fund | 5,100,000 | 0 | 62,475,000 | 0.5154 | 0.3369 | 03/31/2026 |
| 9 | Strategic Advisers Fidelity Emerging Markets Fund | 4,101,794 | 1,138,559 | 50,246,976.5 | 0.1411 | 0.271 | 02/28/2026 |
| 10 | Schroder ISF - Emerging Markets | 3,893,003 | 388,381 | 47,689,286.75 | 0.5995 | 0.2572 | 02/28/2026 |
| 11 | JOHCM Emerging Markets Opportunities Fund | 3,879,646 | 0 | 47,525,663.5 | 2.9976 | 0.2563 | 09/30/2025 |
| 12 | DFA Emerging Markets Core Equity 2 Portfolio | 3,600,262 | 0 | 44,103,209.5 | 0.1135 | 0.2378 | 12/31/2025 |
| 13 | Fidelity Series Emerging Markets Fund | 3,447,966 | 765,480 | 42,237,583.5 | 0.5619 | 0.2278 | 02/28/2026 |
| 14 | Hartford International Opportunities Fund (The) | 3,398,848 | -740,520 | 41,635,888 | 1.0054 | 0.2245 | 03/31/2026 |
| 15 | Hartford Schroders Emerging Markets Equity Fund | 3,283,511 | -217,745 | 40,223,009.75 | 0.5298 | 0.2169 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Acadian Asset Management LLC | 22,696,400 | 12,870,053 | 278,030,900 | 0.3678 | 1.4994 | 12/31/2025 |
| 2 | Schroder Investment Management Ltd. | 17,680,170 | 12,474,840 | 216,582,082.5 | 0.0828 | 1.168 | 12/31/2025 |
| 3 | Schroder Investment Management North America, Inc. | 8,668,714 | 8,668,714 | 106,191,746.5 | 0.6067 | 0.5727 | 12/31/2025 |
| 4 | Robeco Institutional Asset Management BV | 18,999,445 | 8,632,779 | 232,743,201.25 | 0.1896 | 1.2551 | 03/31/2026 |
| 5 | Itau USA Asset Management, Inc. | 10,857,832 | 3,766,639 | 133,008,442 | 1.9683 | 0.7173 | 12/31/2025 |
| 6 | Millennium Management LLC | 5,758,476 | 3,446,064 | 70,541,331 | 0.0485 | 0.3804 | 12/31/2025 |
| 7 | Arrowstreet Capital LP | 4,907,194 | 3,014,149 | 60,113,126.5 | 0.0308 | 0.3242 | 12/31/2025 |
| 8 | Black Creek Investment Management, Inc. | 2,798,783 | 2,528,043 | 34,285,091.75 | 0.522 | 0.1849 | 12/31/2025 |
| 9 | Walleye Capital LLC | 5,503,598 | 2,309,293 | 67,419,075.5 | 0.267 | 0.3636 | 12/31/2025 |
| 10 | T. Rowe Price Hong Kong Ltd. | 20,769,708 | 2,182,666 | 254,428,923 | 0.9155 | 1.3721 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | UBS Asset Management (Americas) LLC | 1,914 | -25,153,923 | 23,446.5 | 0 | 0.0001 | 12/31/2025 |
| 2 | Fidelity Management & Research Co. LLC | 22,626,361 | -15,233,155 | 277,172,922.25 | 0.0143 | 1.4947 | 12/31/2025 |
| 3 | Lazard Asset Management LLC | 3,538,511 | -13,253,733 | 43,346,759.75 | 0.0359 | 0.2338 | 12/31/2025 |
| 4 | Brandes Investment Partners LP | 12,852,316 | -12,050,569 | 157,440,871 | 0.5997 | 0.849 | 12/31/2025 |
| 5 | Dodge & Cox | 84,794,670 | -11,939,700 | 1,038,734,707.5 | 0.4047 | 5.6016 | 12/31/2025 |
| 6 | UBS Asset Management (UK) Ltd. | 0 | -9,020,939 | 0 | 0 | 0 | |
| 7 | FIAM LLC | 12,612,249 | -4,909,482 | 154,500,050.25 | 0.0713 | 0.8332 | 12/31/2025 |
| 8 | Hosking Partners LLP | 0 | -4,854,808 | 0 | 0 | 0 | |
| 9 | Oaktree Capital Management LP | 5,749,324 | -4,699,500 | 70,429,219 | 1.0455 | 0.3798 | 12/31/2025 |
| 10 | UBS Asset Management Switzerland AG | 0 | -3,630,980 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.