| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Impax Asset Management Ltd. | 7,236,477 | -2,174,867 | 212,969,518.11 | 1.0301 | 1.0266 | 12/31/2025 |
| 2 | RREEF America LLC | 3,422,302 | -3,246,634 | 100,718,347.86 | 0.4778 | 0.4855 | 12/31/2025 |
| 3 | KBI Global Investors Ltd. | 3,075,345 | -408,817 | 90,507,403.35 | 1.3801 | 0.4363 | 12/31/2025 |
| 4 | Manning & Napier Advisors LLC | 2,803,426 | 2,219,555 | 82,504,827.18 | 1.1094 | 0.3977 | 12/31/2025 |
| 5 | Letko, Brosseau & Associates, Inc. | 2,216,854 | -103,547 | 65,242,013.22 | 1.0014 | 0.3145 | 12/31/2025 |
| 6 | Mackenzie Financial Corp. | 2,161,328 | 527 | 63,607,883.04 | 0.06 | 0.3066 | 12/31/2025 |
| 7 | The Vanguard Group, Inc. | 1,920,030 | -26,166 | 56,506,482.9 | 0.0008 | 0.2724 | 12/31/2025 |
| 8 | Merrill Lynch International (Investment Management) | 1,907,243 | -660,852 | 56,130,161.49 | 0.2574 | 0.2706 | 12/31/2025 |
| 9 | Renaissance Technologies LLC | 1,786,418 | -197,604 | 52,574,281.74 | 0.0848 | 0.2534 | 12/31/2025 |
| 10 | BlackRock Asset Management Canada Ltd. | 1,739,345 | 97,226 | 51,188,923.35 | 0.0472 | 0.2467 | 12/31/2025 |
| 11 | American Century Investment Management, Inc. | 1,563,421 | -504,595 | 46,011,480.03 | 0.0181 | 0.2218 | 12/31/2025 |
| 12 | Northern Trust Investments, Inc.(Investment Management) | 1,530,321 | 75,919 | 45,037,347.03 | 0.0068 | 0.2171 | 12/31/2025 |
| 13 | Duff & Phelps Investment Management Co. | 1,444,628 | 43,082 | 42,515,402.04 | 0.395 | 0.2049 | 12/31/2025 |
| 14 | State Teachers Retirement System of Ohio | 1,430,456 | -249,619 | 42,098,320.08 | 0.1617 | 0.2029 | 12/31/2025 |
| 15 | OKOWORLD LUX SA | 1,407,731 | 0 | 41,429,523.33 | 1.5197 | 0.1997 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Pictet - Water | 15,150,546 | -2,229,784 | 445,880,568.78 | 5.4732 | 2.1493 | 09/30/2025 |
| 2 | Canada Pension Plan | 10,174,852 | 0 | 299,445,894.36 | 0.1797 | 1.4434 | 03/31/2025 |
| 3 | iShares Core MSCI Emerging Markets ETF | 5,509,435 | 5,509,435 | 162,142,672.05 | 0.1235 | 0.7816 | 02/27/2026 |
| 4 | Government Pension Fund - Global (The) | 2,964,778 | -3,073,097 | 87,253,416.54 | 0.0054 | 0.4206 | 12/31/2025 |
| 5 | BNP Paribas Aqua | 2,069,572 | -750,637 | 60,907,503.96 | 1.8794 | 0.2936 | 02/27/2026 |
| 6 | BNP Paribas - Aqua Fund | 2,049,311 | -659,355 | 60,311,222.73 | 1.8352 | 0.2907 | 01/30/2026 |
| 7 | Pictet - Global Megatrend Selection | 1,745,665 | 1,745,665 | 51,374,920.95 | 0.4794 | 0.2476 | 09/30/2025 |
| 8 | Mackenzie Greenchip Global Environmental All Cap Fund | 1,586,654 | -94,538 | 46,695,227.22 | 2.2227 | 0.2251 | 12/31/2025 |
| 9 | Wellington Mgmt. Funds (IE) Plc - Enduring Assets Port. | 1,455,480 | 0 | 42,834,776.4 | 4.5174 | 0.2065 | 06/30/2025 |
| 10 | Virtus Duff & Phelps Water Fund | 1,446,953 | 43,150 | 42,583,826.79 | 8.415 | 0.2053 | 02/27/2026 |
| 11 | KBI ICAV - Water Fund | 1,333,083 | 59,010 | 39,232,632.69 | 2.7117 | 0.1891 | 12/31/2025 |
| 12 | State Board of Administration of Florida Retirement System | 1,210,167 | -93,438 | 35,615,214.81 | 0.0337 | 0.1717 | 12/31/2025 |
| 13 | Vanguard Emerging Markets Stock Index Fund | 1,202,747 | -1 | 35,396,844.21 | 0.0236 | 0.1706 | 02/28/2026 |
| 14 | iShares Global Infrastructure Index Fund | 1,188,668 | 233,430 | 34,982,499.24 | 4.1817 | 0.1686 | 02/27/2026 |
| 15 | iShares Global Infrastructure ETF | 1,170,800 | -12,838 | 34,456,644 | 0.3509 | 0.1661 | 02/27/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Manning & Napier Advisors LLC | 2,803,426 | 2,219,555 | 82,504,827.18 | 1.1094 | 0.3977 | 12/31/2025 |
| 2 | UBS Asset Management (Americas) LLC | 1,232,556 | 1,232,556 | 36,274,123.08 | 0.0246 | 0.1749 | 12/31/2025 |
| 3 | BlackRock Investment Management LLC | 1,133,730 | 1,133,730 | 33,365,673.9 | 0.0137 | 0.1608 | 12/31/2025 |
| 4 | Allianz Global Investors GmbH | 804,171 | 804,171 | 23,666,752.53 | 0.0255 | 0.1141 | 12/31/2025 |
| 5 | Wellington Management Australia Pty Ltd. | 779,772 | 779,772 | 22,948,689.96 | 0.3776 | 0.1106 | 12/31/2025 |
| 6 | Wellington Management Co. LLP | 703,535 | 703,535 | 20,705,035.05 | 0.0036 | 0.0998 | 12/31/2025 |
| 7 | BlackRock Investment Management (UK) Ltd. | 631,836 | 631,836 | 18,594,933.48 | 0.0024 | 0.0896 | 12/31/2025 |
| 8 | UBS Securities LLC | 840,040 | 557,728 | 24,722,377.2 | 0.0108 | 0.1192 | 12/31/2025 |
| 9 | J.O. Hambro Capital Management Ltd. | 1,322,796 | 505,703 | 38,929,886.28 | 0.2547 | 0.1877 | 12/31/2025 |
| 10 | Morgan Stanley Latam LLC | 330,141 | 330,141 | 9,716,049.63 | 2.1145 | 0.0468 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | RREEF America LLC | 3,422,302 | -3,246,634 | 100,718,347.86 | 0.4778 | 0.4855 | 12/31/2025 |
| 2 | Impax Asset Management Ltd. | 7,236,477 | -2,174,867 | 212,969,518.11 | 1.0301 | 1.0266 | 12/31/2025 |
| 3 | Citigroup Global Markets, Inc. (Broker) | 141,425 | -2,036,295 | 4,162,137.75 | 0.0566 | 0.0201 | 12/31/2025 |
| 4 | Banco BTG Pactual SA (Investment Management) | 212,083 | -911,612 | 6,241,602.69 | 0.2609 | 0.0301 | 12/31/2025 |
| 5 | Merrill Lynch International (Investment Management) | 1,907,243 | -660,852 | 56,130,161.49 | 0.2574 | 0.2706 | 12/31/2025 |
| 6 | American Century Investment Management, Inc. | 1,563,421 | -504,595 | 46,011,480.03 | 0.0181 | 0.2218 | 12/31/2025 |
| 7 | Kapitalo Investimentos Ltda. | 0 | -489,408 | 0 | 0 | 0 | |
| 8 | Optiver US LLC | 115,317 | -483,574 | 3,393,779.31 | 0.0663 | 0.0164 | 12/31/2025 |
| 9 | Goldman Sachs & Co. LLC (Private Banking) | 167,189 | -423,512 | 4,920,372.27 | 0.0023 | 0.0237 | 12/31/2025 |
| 10 | DWS Investment Management Americas, Inc. | 303,532 | -413,041 | 8,932,946.76 | 0.037 | 0.0431 | 12/31/2025 |
Data provided by FactSet Research Systems Inc.