| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | SSgA Funds Management, Inc. | 4,176,916 | 90,754 | 36,351,699.95 | 0.001 | 0.1728 | 06/30/2026 |
| 2 | Managed Account Advisors LLC | 3,603,060 | 968,227 | 31,357,431.18 | 0.0042 | 0.1491 | 06/30/2026 |
| 3 | BlackRock Fund Advisors | 2,715,691 | 163,515 | 23,634,658.77 | 0.0004 | 0.1124 | 06/30/2026 |
| 4 | AzValor Asset Management SGIIC SA | 2,690,270 | 2,112,013 | 23,413,419.81 | 0.5912 | 0.1113 | 06/30/2026 |
| 5 | American Century Investment Management, Inc. | 1,547,353 | 8,693 | 13,466,613.16 | 0.0044 | 0.064 | 06/30/2026 |
| 6 | Connor, Clark & Lunn Investment Management Ltd. | 1,481,790 | -17,107 | 12,896,018.37 | 0.0227 | 0.0613 | 06/30/2026 |
| 7 | Parametric Portfolio Associates LLC | 1,331,184 | 348,518 | 11,585,294.35 | 0.0026 | 0.0551 | 06/30/2026 |
| 8 | Aperio Group LLC | 1,289,305 | 122,909 | 11,220,821.42 | 0.0063 | 0.0533 | 06/30/2026 |
| 9 | Vanguard Capital Management LLC | 1,289,029 | 427,994 | 11,218,419.39 | 0.0002 | 0.0533 | 06/30/2026 |
| 10 | Ramirez Asset Management, Inc. | 1,215,086 | 792,949 | 10,574,893.46 | 1.0461 | 0.0503 | 06/30/2026 |
| 11 | Northern Trust Investments, Inc.(Investment Management) | 1,133,240 | 250,479 | 9,862,587.72 | 0.0013 | 0.0469 | 06/30/2026 |
| 12 | Cullen Capital Management LLC | 1,038,647 | 304,513 | 9,039,344.84 | 0.0694 | 0.043 | 06/30/2026 |
| 13 | Border to Coast Pensions Partnership Ltd. | 1,007,100 | 0 | 8,764,791.3 | 0.0332 | 0.0417 | 03/31/2026 |
| 14 | Nomura Investment Management Business Trust | 989,541 | 0 | 8,611,975.32 | 0.0107 | 0.0409 | 06/30/2026 |
| 15 | Invesco Capital Management LLC | 932,352 | 932,352 | 8,114,259.46 | 0.0008 | 0.0386 | 06/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | GQG Global UCITS ICAV - Partners Emerging Markets Equity Fund | 3,877,282 | 0 | 33,743,985.25 | 1.5311 | 0.1604 | 12/31/2025 |
| 2 | azValor Internacional, FI | 2,062,660 | 2,062,660 | 17,951,329.98 | 0.4559 | 0.0853 | 06/30/2026 |
| 3 | State Street SPDR Portfolio Emerging Markets ETF | 1,817,839 | -22,637 | 15,820,652.82 | 0.0962 | 0.0752 | 09/30/2026 |
| 4 | Avantis Emerging Markets Equity ETF | 1,358,709 | 0 | 11,824,844.43 | 0.0455 | 0.0562 | 09/30/2026 |
| 5 | Border to Coast Emerging Markets Equity Alpha Fund | 1,007,100 | 0 | 8,764,791.3 | 0.5911 | 0.0417 | 03/31/2026 |
| 6 | Nomura Emerging Markets Fund | 989,541 | 0 | 8,611,975.32 | 0.0832 | 0.0409 | 08/31/2026 |
| 7 | Vanguard Total International Stock Index Fund | 750,078 | 217,251 | 6,527,928.83 | 0.001 | 0.031 | 09/30/2026 |
| 8 | HSBC ETFs Plc - MSCI Emerging Markets | 670,564 | -4,385 | 5,835,918.49 | 0.1043 | 0.0277 | 09/30/2026 |
| 9 | Azvalor Lux Sicav - Azvalor International | 578,257 | 0 | 5,032,570.67 | 1.2389 | 0.0239 | 06/30/2025 |
| 10 | Global Transition | 563,400 | 0 | 4,903,270.2 | 1.2621 | 0.0233 | 03/31/2026 |
| 11 | Vanguard Emerging Markets Stock Index Fund | 538,951 | 210,743 | 4,690,490.55 | 0.0029 | 0.0223 | 09/30/2026 |
| 12 | Dimensional Emerging Core Equity Market ETF | 270,747 | 64,447 | 2,356,311.14 | 0.0255 | 0.0112 | 09/30/2026 |
| 13 | Vanguard Institutional Total Intl. Stock Market Index Trust | 249,856 | 0 | 2,174,496.77 | 0.004 | 0.0103 | 08/31/2026 |
| 14 | AllianzGI SK Welt | 190,000 | 190,000 | 1,653,570 | 0.894 | 0.0079 | 06/30/2026 |
| 15 | Amundi Funds - Emerging World Equity | 178,013 | -159,954 | 1,549,247.14 | 0.075 | 0.0074 | 06/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | AzValor Asset Management SGIIC SA | 2,690,270 | 2,112,013 | 23,413,419.81 | 0.5912 | 0.1113 | 06/30/2026 |
| 2 | Managed Account Advisors LLC | 3,603,060 | 968,227 | 31,357,431.18 | 0.0042 | 0.1491 | 06/30/2026 |
| 3 | Invesco Capital Management LLC | 932,352 | 932,352 | 8,114,259.46 | 0.0008 | 0.0386 | 06/30/2026 |
| 4 | UBS Brasil Administradora de Valores Mobiliarios Ltda. | 883,794 | 883,794 | 7,691,659.18 | 0.7555 | 0.0366 | 06/30/2026 |
| 5 | Ramirez Asset Management, Inc. | 1,215,086 | 792,949 | 10,574,893.46 | 1.0461 | 0.0503 | 06/30/2026 |
| 6 | First Trust Advisors LP | 521,686 | 480,045 | 4,540,233.26 | 0.0025 | 0.0216 | 06/30/2026 |
| 7 | Allianz Global Investors GmbH | 460,000 | 460,000 | 4,003,380 | 0.0036 | 0.019 | 06/30/2026 |
| 8 | Qube Research & Technologies Ltd. | 880,680 | 446,862 | 7,664,558.04 | 0.0086 | 0.0364 | 06/30/2026 |
| 9 | Vanguard Capital Management LLC | 1,289,029 | 427,994 | 11,218,419.39 | 0.0002 | 0.0533 | 06/30/2026 |
| 10 | Wexford Capital LP | 406,130 | 406,130 | 3,534,549.39 | 0.3955 | 0.0168 | 06/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | UBS Securities LLC | 486,514 | -984,891 | 4,234,131.34 | 0.0016 | 0.0201 | 06/30/2026 |
| 2 | Baring Asset Management Ltd. | 0 | -723,802 | 0 | 0 | 0 | |
| 3 | Millennium Management LLC | 546,935 | -554,978 | 4,759,975.3 | 0.0033 | 0.0226 | 06/30/2026 |
| 4 | Two Sigma Investments LP | 736,552 | -335,974 | 6,410,212.06 | 0.0049 | 0.0305 | 06/30/2026 |
| 5 | Citadel Advisors LLC | 130,027 | -279,944 | 1,131,624.98 | 0.0008 | 0.0054 | 06/30/2026 |
| 6 | Jane Street Capital LLC | 541,880 | -265,796 | 4,715,981.64 | 0.0029 | 0.0224 | 06/30/2026 |
| 7 | National Bank Financial, Inc. | 0 | -255,453 | 0 | 0 | 0 | |
| 8 | Point72 Asset Management LP | 0 | -248,689 | 0 | 0 | 0 | |
| 9 | UBS Switzerland AG (Investment Management) | 8,409 | -241,921 | 73,183.53 | 0.0001 | 0.0003 | 06/30/2026 |
| 10 | Deltec Asset Management LLC | 0 | -210,500 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.