| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | SSgA Funds Management, Inc. | 4,176,916 | 300,047 | 44,688,824.28 | 0.0013 | 0.1787 | 06/30/2026 |
| 2 | Managed Account Advisors LLC | 3,603,060 | 3,594,802 | 38,549,138.94 | 0.0052 | 0.1542 | 06/30/2026 |
| 3 | BlackRock Fund Advisors | 2,715,691 | 601,876 | 29,055,178.01 | 0.0005 | 0.1162 | 06/30/2026 |
| 4 | AzValor Asset Management SGIIC SA | 2,690,270 | 2,112,013 | 28,783,198.73 | 0.7627 | 0.1151 | 06/30/2026 |
| 5 | American Century Investment Management, Inc. | 1,547,353 | 20,535 | 16,555,129.75 | 0.0054 | 0.0662 | 06/30/2026 |
| 6 | Connor, Clark & Lunn Investment Management Ltd. | 1,481,790 | 744,186 | 15,853,671.21 | 0.0277 | 0.0634 | 06/30/2026 |
| 7 | Parametric Portfolio Associates LLC | 1,331,184 | 479,385 | 14,242,337.62 | 0.0032 | 0.057 | 06/30/2026 |
| 8 | Aperio Group LLC | 1,289,305 | 308,303 | 13,794,274.2 | 0.0079 | 0.0552 | 06/30/2026 |
| 9 | Vanguard Capital Management LLC | 1,289,029 | 427,994 | 13,791,321.27 | 0.0002 | 0.0552 | 06/30/2026 |
| 10 | Kapitalo Investimentos Ltda. | 1,271,245 | 1,195,390 | 13,601,050.26 | 0.4438 | 0.0544 | 06/30/2026 |
| 11 | Ramirez Asset Management, Inc. | 1,215,086 | 814,261 | 13,000,205.11 | 1.2471 | 0.052 | 06/30/2026 |
| 12 | Northern Trust Investments, Inc.(Investment Management) | 1,133,240 | 252,245 | 12,124,534.76 | 0.0016 | 0.0485 | 06/30/2026 |
| 13 | Cullen Capital Management LLC | 1,038,647 | 708,430 | 11,112,484.25 | 0.0859 | 0.0444 | 06/30/2026 |
| 14 | Border to Coast Pensions Partnership Ltd. | 1,007,100 | 514,400 | 10,774,962.9 | 0.0406 | 0.0431 | 03/31/2026 |
| 15 | Nomura Investment Management Business Trust | 989,541 | 0 | 10,587,099.16 | 0.0129 | 0.0423 | 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 | 41,483,040.12 | 1.7975 | 0.1659 | 12/31/2025 |
| 2 | azValor Internacional, FI | 2,062,660 | 2,062,660 | 22,068,399.34 | 0.5681 | 0.0883 | 06/30/2026 |
| 3 | State Street SPDR Portfolio Emerging Markets ETF | 1,817,839 | -26,298 | 19,449,059.46 | 0.111 | 0.0778 | 08/31/2026 |
| 4 | Avantis Emerging Markets Equity ETF | 1,358,709 | 0 | 14,536,827.59 | 0.0525 | 0.0581 | 08/31/2026 |
| 5 | Border to Coast Emerging Markets Equity Alpha Fund | 1,007,100 | 514,400 | 10,774,962.9 | 0.6731 | 0.0431 | 03/31/2026 |
| 6 | Nomura Emerging Markets Fund | 989,541 | 0 | 10,587,099.16 | 0.0902 | 0.0423 | 07/31/2026 |
| 7 | Baring Emerging Markets Umbrella Fd. - Latin America | 782,040 | 58,238 | 8,367,045.96 | 3.4527 | 0.0335 | 07/31/2026 |
| 8 | Vanguard Total International Stock Index Fund | 750,078 | 217,251 | 8,025,084.52 | 0.0012 | 0.0321 | 08/31/2026 |
| 9 | HSBC ETFs Plc - MSCI Emerging Markets | 663,265 | -20,079 | 7,096,272.24 | 0.1201 | 0.0284 | 08/27/2026 |
| 10 | Azvalor Lux Sicav - Azvalor International | 578,257 | 0 | 6,186,771.64 | 1.486 | 0.0247 | 06/30/2025 |
| 11 | Global Transition | 563,400 | 77,040 | 6,027,816.6 | 1.4866 | 0.0241 | 03/31/2026 |
| 12 | Vanguard Emerging Markets Stock Index Fund | 538,951 | 210,743 | 5,766,236.75 | 0.0033 | 0.0231 | 08/31/2026 |
| 13 | Amundi Funds - Emerging World Equity | 337,967 | 45,206 | 3,615,908.93 | 0.1556 | 0.0145 | 03/31/2026 |
| 14 | Dimensional Emerging Core Equity Market ETF | 270,747 | 64,447 | 2,896,722.15 | 0.0292 | 0.0116 | 08/31/2026 |
| 15 | Vanguard Institutional Total Intl. Stock Market Index Trust | 249,856 | 0 | 2,673,209.34 | 0.0051 | 0.0107 | 07/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Managed Account Advisors LLC | 3,603,060 | 3,594,802 | 38,549,138.94 | 0.0052 | 0.1542 | 06/30/2026 |
| 2 | AzValor Asset Management SGIIC SA | 2,690,270 | 2,112,013 | 28,783,198.73 | 0.7627 | 0.1151 | 06/30/2026 |
| 3 | Kapitalo Investimentos Ltda. | 1,271,245 | 1,195,390 | 13,601,050.26 | 0.4438 | 0.0544 | 06/30/2026 |
| 4 | UBS Brasil Administradora de Valores Mobiliarios Ltda. | 883,794 | 883,794 | 9,455,712.01 | 1.0279 | 0.0378 | 06/30/2026 |
| 5 | Qube Research & Technologies Ltd. | 880,680 | 880,680 | 9,422,395.32 | 0.0106 | 0.0377 | 06/30/2026 |
| 6 | Invesco Capital Management LLC | 932,352 | 836,899 | 9,975,234.05 | 0.001 | 0.0399 | 06/30/2026 |
| 7 | Ramirez Asset Management, Inc. | 1,215,086 | 814,261 | 13,000,205.11 | 1.2471 | 0.052 | 06/30/2026 |
| 8 | Baring Asset Management Korea Ltd. | 782,040 | 782,040 | 8,367,045.96 | 0.654 | 0.0335 | 06/30/2026 |
| 9 | Connor, Clark & Lunn Investment Management Ltd. | 1,481,790 | 744,186 | 15,853,671.21 | 0.0277 | 0.0634 | 06/30/2026 |
| 10 | Cullen Capital Management LLC | 1,038,647 | 708,430 | 11,112,484.25 | 0.0859 | 0.0444 | 06/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Fideuram Intesa Sanpaolo Private Banking SpA | 0 | -1,378,359 | 0 | 0 | 0 | |
| 2 | Point72 Asset Management LP | 0 | -1,016,033 | 0 | 0 | 0 | |
| 3 | Citadel Securities LLC | 0 | -863,251 | 0 | 0 | 0 | |
| 4 | The Vanguard Group, Inc. | 0 | -861,035 | 0 | 0 | 0 | |
| 5 | UBS Securities LLC | 486,514 | -695,557 | 5,205,213.29 | 0.002 | 0.0208 | 06/30/2026 |
| 6 | Marshall Wace LLP | 527,689 | -519,993 | 5,645,744.61 | 0.0048 | 0.0226 | 06/30/2026 |
| 7 | Northern Trust Global Investments Ltd. | 0 | -505,000 | 0 | 0 | 0 | |
| 8 | Millennium Management LLC | 546,935 | -381,329 | 5,851,657.56 | 0.0041 | 0.0234 | 06/30/2026 |
| 9 | UBS Switzerland AG (Investment Management) | 8,409 | -316,929 | 89,967.89 | 0.0001 | 0.0004 | 06/30/2026 |
| 10 | National Bank Financial, Inc. | 0 | -290,143 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.