| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Dodge & Cox | 95,023,835 | 45,401,826 | 868,517,851.9 | 0.3552 | 6.5575 | 06/30/2025 |
| 2 | Fidelity Management & Research Co. LLC | 51,674,959 | 35,981,809 | 472,309,125.26 | 0.0264 | 3.566 | 06/30/2025 |
| 3 | Brandes Investment Partners LP | 32,648,163 | 8,414,328 | 298,404,209.82 | 1.3931 | 2.253 | 06/30/2025 |
| 4 | Orbis Investment Management Ltd. | 26,300,519 | 19,886,160 | 240,386,743.66 | 0.6496 | 1.815 | 06/30/2025 |
| 5 | UBS Asset Management (Americas) LLC | 26,227,500 | -1,188,600 | 239,719,350 | 0.1735 | 1.8099 | 06/30/2025 |
| 6 | Lazard Asset Management LLC | 26,183,191 | -10,653,322 | 239,314,365.74 | 0.196 | 1.8069 | 06/30/2025 |
| 7 | FIAM LLC | 20,604,222 | 16,489,322 | 188,322,589.08 | 0.1035 | 1.4219 | 06/30/2025 |
| 8 | PointState Capital LP | 19,974,901 | 19,974,901 | 182,570,595.14 | 3.2145 | 1.3784 | 06/30/2025 |
| 9 | Oaktree Capital Management LP | 14,839,032 | 250,000 | 135,628,752.48 | 2.2482 | 1.024 | 06/30/2025 |
| 10 | Dimensional Fund Advisors LP | 10,493,464 | 514,798 | 95,910,260.96 | 0.015 | 0.7241 | 06/30/2025 |
| 11 | J.O. Hambro Capital Management Ltd. | 9,139,920 | -238,727 | 83,538,868.8 | 0.4796 | 0.6307 | 06/30/2025 |
| 12 | UBS Asset Management (UK) Ltd. | 8,781,739 | -222,200 | 80,265,094.46 | 0.0359 | 0.606 | 06/30/2025 |
| 13 | Robeco Institutional Asset Management BV | 6,727,119 | 469,837 | 61,485,867.66 | 0.0581 | 0.4642 | 06/30/2025 |
| 14 | UBS Asset Management (Singapore) Ltd. | 6,422,800 | 227,000 | 58,704,392 | 1.5105 | 0.4432 | 06/30/2025 |
| 15 | Macquarie Investment Management Business Trust | 6,318,165 | 169,190 | 57,748,028.1 | 0.0593 | 0.436 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Dodge & Cox International Stock Fund | 73,288,735 | 73,288,735 | 669,859,037.9 | 1.121 | 5.0576 | 06/30/2025 |
| 2 | Fidelity Inv. Trust - Emerging Markets Opportunities Fund | 16,719,800 | 0 | 152,818,972 | 0.5737 | 1.1538 | 07/31/2025 |
| 3 | Fidelity Advisor Focused Emerging Markets Fund | 14,822,102 | 14,822,102 | 135,474,012.28 | 1.4763 | 1.0229 | 07/31/2025 |
| 4 | Dodge & Cox Global Stock Fund | 9,632,700 | 9,632,700 | 88,042,878 | 0.7022 | 0.6647 | 06/30/2025 |
| 5 | Strategic Advisers Fidelity Emerging Markets Fund | 8,569,800 | 7,556,200 | 78,327,972 | 0.261 | 0.5914 | 07/31/2025 |
| 6 | St. James's Place Unit Trust - Emerging Markets Equity | 7,643,517 | 408,540 | 69,861,745.38 | 0.656 | 0.5275 | 03/31/2025 |
| 7 | Redwheel Emerging Markets Equity Fund Ltd. | 7,388,367 | 0 | 67,529,674.38 | 1.9457 | 0.5099 | 06/28/2024 |
| 8 | Macquarie Emerging Markets Fund | 5,100,000 | 0 | 46,614,000 | 0.6184 | 0.3519 | 07/31/2025 |
| 9 | Dodge & Cox Worldwide Funds - Global Stock Fund | 4,876,000 | 4,876,000 | 44,566,640 | 0.7005 | 0.3365 | 03/31/2025 |
| 10 | FIAM Emerging Markets Opportunities Commingled Pool | 4,693,900 | -381,100 | 42,902,246 | 0.5528 | 0.3239 | 07/31/2025 |
| 11 | Deka - GlobalChampions | 4,000,000 | 0 | 36,560,000 | 0.268 | 0.276 | 05/31/2025 |
| 12 | Lazard Emerging Markets Equity Portfolio | 3,997,732 | -2,740,833 | 36,539,270.48 | 0.6515 | 0.2759 | 08/31/2025 |
| 13 | JOHCM Emerging Markets Opportunities Fund | 3,909,946 | -59,500 | 35,736,906.44 | 2.6511 | 0.2698 | 06/30/2025 |
| 14 | UBS Investment Funds ICVC - Global Emerging Markets Equity | 3,671,189 | 0 | 33,554,667.46 | 2.1768 | 0.2533 | 05/30/2025 |
| 15 | Brandes International Equity Fund | 3,633,075 | 1,149,173 | 33,206,305.5 | 1.7515 | 0.2507 | 08/29/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Dodge & Cox | 95,023,835 | 45,401,826 | 868,517,851.9 | 0.3552 | 6.5575 | 06/30/2025 |
| 2 | Fidelity Management & Research Co. LLC | 51,674,959 | 35,981,809 | 472,309,125.26 | 0.0264 | 3.566 | 06/30/2025 |
| 3 | PointState Capital LP | 19,974,901 | 19,974,901 | 182,570,595.14 | 3.2145 | 1.3784 | 06/30/2025 |
| 4 | Orbis Investment Management Ltd. | 26,300,519 | 19,886,160 | 240,386,743.66 | 0.6496 | 1.815 | 06/30/2025 |
| 5 | FIAM LLC | 20,604,222 | 16,489,322 | 188,322,589.08 | 0.1035 | 1.4219 | 06/30/2025 |
| 6 | Brandes Investment Partners LP | 32,648,163 | 8,414,328 | 298,404,209.82 | 1.3931 | 2.253 | 06/30/2025 |
| 7 | Hill City Capital LP | 4,252,500 | 4,252,500 | 38,867,850 | 1.802 | 0.2935 | 06/30/2025 |
| 8 | Goldman Sachs Asset Management LP | 4,758,213 | 3,441,489 | 43,490,066.82 | 0.0096 | 0.3284 | 06/30/2025 |
| 9 | Verition Fund Management LLC | 3,472,687 | 3,390,439 | 31,740,359.18 | 0.1633 | 0.2396 | 06/30/2025 |
| 10 | Numeric Investors LLC | 3,319,643 | 3,142,888 | 30,341,537.02 | 0.0864 | 0.2291 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Baillie Gifford & Co. | 0 | -31,697,814 | 0 | 0 | 0 | |
| 2 | Schroder Investment Management Ltd. | 0 | -16,131,072 | 0 | 0 | 0 | |
| 3 | RWC Asset Advisors (US) LLC | 0 | -12,039,601 | 0 | 0 | 0 | |
| 4 | Lazard Asset Management LLC | 26,183,191 | -10,653,322 | 239,314,365.74 | 0.196 | 1.8069 | 06/30/2025 |
| 5 | Millennium Management LLC | 0 | -9,541,707 | 0 | 0 | 0 | |
| 6 | Antipodes Partners Ltd. | 6,018,838 | -9,238,072 | 55,012,179.32 | 1.3557 | 0.4154 | 06/30/2025 |
| 7 | Voloridge Investment Management LLC | 0 | -8,031,875 | 0 | 0 | 0 | |
| 8 | Schroder Investment Management North America, Inc. | 3,120,965 | -7,487,070 | 28,525,620.1 | 0.0297 | 0.2154 | 06/30/2025 |
| 9 | RWC Asset Management LLP | 0 | -5,862,677 | 0 | 0 | 0 | |
| 10 | BlackRock Investment Management (UK) Ltd. | 1,257,171 | -3,710,739 | 11,490,542.94 | 0.0015 | 0.0868 | 06/30/2025 |
Data provided by FactSet Research Systems Inc.