| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (World Investors) | 89,322,261 | 39,508,054 | 1,511,332,656.12 | 0.1476 | 1.9679 | 12/31/2025 |
| 2 | GQG Partners LLC | 65,132,572 | 18,926,062 | 1,102,043,118.24 | 0.7965 | 1.435 | 12/31/2025 |
| 3 | BlackRock Investment Management (UK) Ltd. | 43,043,875 | 8,650,071 | 728,302,365 | 0.0863 | 0.9483 | 12/31/2025 |
| 4 | Arrowstreet Capital LP | 41,596,000 | 41,596,000 | 703,804,320 | 0.3749 | 0.9164 | 12/31/2025 |
| 5 | Fidelity Management & Research Co. LLC | 35,906,718 | -26,343,598 | 607,541,668.56 | 0.0331 | 0.7911 | 12/31/2025 |
| 6 | Capital Research & Management Co. (International Investors) | 27,642,423 | -16,662,698 | 467,709,797.16 | 0.0659 | 0.609 | 12/31/2025 |
| 7 | Lazard Asset Management LLC | 22,480,635 | 2,400,413 | 380,372,344.2 | 0.3202 | 0.4953 | 12/31/2025 |
| 8 | Fisher Asset Management LLC | 21,597,376 | -107,884 | 365,427,601.92 | 0.1181 | 0.4758 | 12/31/2025 |
| 9 | Robeco Institutional Asset Management BV | 20,809,302 | 8,758,656 | 352,093,389.84 | 0.3059 | 0.4585 | 12/31/2025 |
| 10 | FIAM LLC | 18,725,993 | -5,129,666 | 316,843,801.56 | 0.1513 | 0.4126 | 12/31/2025 |
| 11 | Orbis Investment Management Ltd. | 18,242,181 | -1,423,208 | 308,657,702.52 | 0.7381 | 0.4019 | 12/31/2025 |
| 12 | Connor, Clark & Lunn Investment Management Ltd. | 17,937,883 | 7,773,937 | 303,508,980.36 | 0.6842 | 0.3952 | 12/31/2025 |
| 13 | BlackRock Fund Advisors | 17,099,848 | 4,180,705 | 289,329,428.16 | 0.006 | 0.3767 | 12/31/2025 |
| 14 | Invesco Asset Management Ltd. | 16,356,231 | -6,646,606 | 276,747,428.52 | 0.2633 | 0.3603 | 12/31/2025 |
| 15 | Mondrian Investment Partners Ltd. | 11,419,957 | -149,240 | 193,225,672.44 | 1.1023 | 0.2516 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | American Balanced Fund | 34,792,169 | 23,571,658 | 588,683,499.48 | 0.3152 | 0.7665 | 12/31/2025 |
| 2 | GQG Partners Emerging Markets Equity Fund | 23,824,647 | 0 | 403,113,027.24 | 1.5828 | 0.5249 | 09/30/2025 |
| 3 | BlackRock World Mining Fund | 23,621,569 | 8,128,874 | 399,676,947.48 | 5.0109 | 0.5204 | 01/31/2026 |
| 4 | American Funds EuroPacific Growth Fund | 22,988,209 | -5,891,970 | 388,960,496.28 | 0.2747 | 0.5065 | 12/31/2025 |
| 5 | iShares Tr. - Latin America 40 ETF | 22,057,356 | 9,027,779 | 373,210,463.52 | 9.025 | 0.486 | 01/30/2026 |
| 6 | American Funds Income Fund of America | 16,285,994 | 16,285,994 | 275,559,018.48 | 0.2539 | 0.3588 | 12/31/2025 |
| 7 | Invesco Developing Markets Fund | 16,227,390 | -16,104,177 | 274,567,438.8 | 2.6834 | 0.3575 | 12/31/2025 |
| 8 | Fidelity Inv. Trust - Emerging Markets Opportunities Fund | 12,032,970 | -8,966,000 | 203,597,852.4 | 0.6861 | 0.2651 | 12/31/2025 |
| 9 | American Funds New Perspective Fund | 11,225,003 | -1,168,020 | 189,927,050.76 | 0.1189 | 0.2473 | 12/31/2025 |
| 10 | American Funds Capital World Growth & Income Fund | 9,999,903 | 0 | 169,198,358.76 | 0.1145 | 0.2203 | 12/31/2025 |
| 11 | BlackRock World Mining Trust Plc | 8,336,173 | 2,733,454 | 141,048,047.16 | 5.3825 | 0.1837 | 01/30/2026 |
| 12 | Strategic Advisers Fidelity Emerging Markets Fund | 7,873,285 | 700,633 | 133,215,982.2 | 0.3536 | 0.1735 | 12/31/2025 |
| 13 | MFS Emerging Markets Equity Fund | 7,773,115 | -6,962,700 | 131,521,105.8 | 1.2255 | 0.1713 | 12/31/2025 |
| 14 | Fidelity Advisor Focused Emerging Markets Fund | 7,019,320 | -1,946,000 | 118,766,894.4 | 1.0735 | 0.1546 | 12/31/2025 |
| 15 | Capital Income Builder | 6,898,935 | 0 | 116,729,980.2 | 0.1152 | 0.152 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Arrowstreet Capital LP | 41,596,000 | 41,596,000 | 703,804,320 | 0.3749 | 0.9164 | 12/31/2025 |
| 2 | Capital Research & Management Co. (World Investors) | 89,322,261 | 39,508,054 | 1,511,332,656.12 | 0.1476 | 1.9679 | 12/31/2025 |
| 3 | GQG Partners LLC | 65,132,572 | 18,926,062 | 1,102,043,118.24 | 0.7965 | 1.435 | 12/31/2025 |
| 4 | Robeco Institutional Asset Management BV | 20,809,302 | 8,758,656 | 352,093,389.84 | 0.3059 | 0.4585 | 12/31/2025 |
| 5 | BlackRock Investment Management (UK) Ltd. | 43,043,875 | 8,650,071 | 728,302,365 | 0.0863 | 0.9483 | 12/31/2025 |
| 6 | Connor, Clark & Lunn Investment Management Ltd. | 17,937,883 | 7,773,937 | 303,508,980.36 | 0.6842 | 0.3952 | 12/31/2025 |
| 7 | Two Sigma Investments LP | 7,758,691 | 7,758,691 | 131,277,051.72 | 0.1932 | 0.1709 | 12/31/2025 |
| 8 | Holocene Advisors, LP | 7,532,061 | 7,532,061 | 127,442,472.12 | 0.2674 | 0.1659 | 12/31/2025 |
| 9 | AQR Capital Management LLC | 9,530,954 | 7,525,090 | 161,263,741.68 | 0.0754 | 0.21 | 12/31/2025 |
| 10 | RWC Asset Advisors (US) LLC | 6,523,762 | 6,523,762 | 110,382,053.04 | 1.545 | 0.1437 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Fidelity Management & Research Co. LLC | 35,906,718 | -26,343,598 | 607,541,668.56 | 0.0331 | 0.7911 | 12/31/2025 |
| 2 | Capital Research & Management Co. (International Investors) | 27,642,423 | -16,662,698 | 467,709,797.16 | 0.0659 | 0.609 | 12/31/2025 |
| 3 | Massachusetts Financial Services Co. | 8,259,913 | -7,577,254 | 139,757,727.96 | 0.0428 | 0.182 | 12/31/2025 |
| 4 | Invesco Asset Management Ltd. | 16,356,231 | -6,646,606 | 276,747,428.52 | 0.2633 | 0.3603 | 12/31/2025 |
| 5 | Goldman Sachs International | 6,524,162 | -5,258,680 | 110,388,821.04 | 1.0213 | 0.1437 | 12/31/2025 |
| 6 | FIAM LLC | 18,725,993 | -5,129,666 | 316,843,801.56 | 0.1513 | 0.4126 | 12/31/2025 |
| 7 | Susquehanna Financial Group LLLP | 4,003,524 | -4,421,145 | 67,739,626.08 | 0.0953 | 0.0882 | 12/31/2025 |
| 8 | Morgan Stanley & Co. LLC | 5,250,953 | -4,165,891 | 88,846,124.76 | 0.0313 | 0.1157 | 12/31/2025 |
| 9 | UBS Securities LLC | 4,166,649 | -3,686,551 | 70,499,701.08 | 0.0284 | 0.0918 | 12/31/2025 |
| 10 | Contrarian Capital Management LLC | 0 | -3,551,171 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.