| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Letko, Brosseau & Associates, Inc. | 6,696,046 | -18,675 | 73,254,743.24 | 1.1233 | 0.5149 | 09/30/2025 |
| 2 | The Vanguard Group, Inc. | 1,650,014 | 0 | 18,051,153.16 | 0.0002 | 0.1269 | 09/30/2025 |
| 3 | Goldman Sachs International | 1,108,187 | -61,824 | 12,123,565.78 | 0.0913 | 0.0852 | 09/30/2025 |
| 4 | Parametric Portfolio Associates LLC | 927,481 | 178,235 | 10,146,642.14 | 0.0026 | 0.0713 | 09/30/2025 |
| 5 | Aperio Group LLC | 869,342 | 73,305 | 9,510,601.48 | 0.0071 | 0.0669 | 09/30/2025 |
| 6 | SPX Gestao de Recursos Ltda. | 849,336 | -261,477 | 9,291,735.84 | 0.3334 | 0.0653 | 09/30/2025 |
| 7 | Robeco Institutional Asset Management BV | 651,443 | -243,881 | 7,126,786.42 | 0.0065 | 0.0501 | 09/30/2025 |
| 8 | Managed Account Advisors LLC | 567,564 | 567,564 | 6,209,150.16 | 0.0009 | 0.0436 | 09/30/2025 |
| 9 | Itau USA Asset Management, Inc. | 544,344 | 31,089 | 5,955,123.36 | 0.1221 | 0.0419 | 09/30/2025 |
| 10 | Renaissance Technologies LLC | 541,600 | 376,800 | 5,925,104 | 0.0079 | 0.0417 | 09/30/2025 |
| 11 | BlackRock Asset Management Canada Ltd. | 351,084 | 51,023 | 3,840,858.96 | 0.0034 | 0.027 | 09/30/2025 |
| 12 | Quantinno Capital Management LP | 225,026 | 148,207 | 2,461,784.44 | 0.0066 | 0.0173 | 09/30/2025 |
| 13 | American Century Investment Management, Inc. | 200,887 | -6,970 | 2,197,703.78 | 0.0008 | 0.0154 | 09/30/2025 |
| 14 | Marshall Wace LLP | 199,951 | 199,951 | 2,187,463.94 | 0.0023 | 0.0154 | 09/30/2025 |
| 15 | Dimensional Fund Advisors LP | 173,936 | 45,236 | 1,902,859.84 | 0.0003 | 0.0134 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Vanguard Emerging Markets Stock Index Fund | 1,528,503 | 0 | 16,721,822.82 | 0.0116 | 0.1175 | 10/31/2025 |
| 2 | iShares Global Infrastructure Index Fund | 379,798 | 79,737 | 4,154,990.12 | 0.6068 | 0.0292 | 11/28/2025 |
| 3 | Candoris ICAV - Letko Brosseau Global EM Equity Fund | 309,925 | -8,700 | 3,390,579.5 | 4.6558 | 0.0238 | 07/31/2025 |
| 4 | Avantis Emerging Markets Equity ETF | 187,574 | 0 | 2,052,059.56 | 0.0135 | 0.0144 | 11/28/2025 |
| 5 | BNY Mellon Global Fds. Plc - Brazil Equity Fund | 162,339 | 950 | 1,775,988.66 | 3.6803 | 0.0125 | 10/31/2025 |
| 6 | DWS Invest - Latin American Equities | 130,689 | 2,775 | 1,429,737.66 | 0.0683 | 0.0101 | 09/30/2025 |
| 7 | HSBC ETFs Plc - MSCI Emerging Markets | 119,874 | 38,503 | 1,311,421.56 | 0.0331 | 0.0092 | 11/28/2025 |
| 8 | Vanguard FTSE All World (ex-US) Index Fund | 112,597 | 0 | 1,231,811.18 | 0.0016 | 0.0087 | 10/31/2025 |
| 9 | Vanguard Institutional Total Intl. Stock Market Index Trust | 99,391 | 0 | 1,087,337.54 | 0.0025 | 0.0076 | 10/31/2025 |
| 10 | Dimensional Emerging Core Equity Market ETF | 83,175 | 9,900 | 909,934.5 | 0.0128 | 0.0064 | 11/28/2025 |
| 11 | BlackRock ISF - iShares EM Screened Equity Index Fund (IE) | 79,466 | 5,703 | 869,358.04 | 0.1215 | 0.0061 | 10/31/2025 |
| 12 | St. James's Place Unit Trust - Global Emerging Markets | 68,992 | 68,992 | 754,772.48 | 0.0233 | 0.0053 | 09/30/2025 |
| 13 | State Street SPDR S&P Kensho Clean Power ETF | 63,859 | -47,785 | 698,617.46 | 0.3494 | 0.0049 | 11/28/2025 |
| 14 | VanEck Low Carbon Energy ETF | 63,258 | -13,866 | 692,042.52 | 0.5326 | 0.0049 | 11/28/2025 |
| 15 | iShares III plc - Emg Markets Equity Enhanced Active UCITS ETF | 42,792 | 14,359 | 468,144.48 | 0.0659 | 0.0033 | 11/28/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Managed Account Advisors LLC | 567,564 | 567,564 | 6,209,150.16 | 0.0009 | 0.0436 | 09/30/2025 |
| 2 | Renaissance Technologies LLC | 541,600 | 376,800 | 5,925,104 | 0.0079 | 0.0417 | 09/30/2025 |
| 3 | Marshall Wace LLP | 199,951 | 199,951 | 2,187,463.94 | 0.0023 | 0.0154 | 09/30/2025 |
| 4 | Parametric Portfolio Associates LLC | 927,481 | 178,235 | 10,146,642.14 | 0.0026 | 0.0713 | 09/30/2025 |
| 5 | Quantinno Capital Management LP | 225,026 | 148,207 | 2,461,784.44 | 0.0066 | 0.0173 | 09/30/2025 |
| 6 | Mirae Asset Global Investments (USA) LLC | 99,745 | 91,356 | 1,091,210.3 | 0.0033 | 0.0077 | 09/30/2025 |
| 7 | Millennium Management LLC | 77,873 | 77,873 | 851,930.62 | 0.0007 | 0.006 | 09/30/2025 |
| 8 | Aperio Group LLC | 869,342 | 73,305 | 9,510,601.48 | 0.0071 | 0.0669 | 09/30/2025 |
| 9 | Orion Portfolio Solutions LLC | 71,138 | 71,138 | 778,249.72 | 0.0059 | 0.0055 | 09/30/2025 |
| 10 | Neuberger Berman Investment Advisers LLC | 63,454 | 63,454 | 694,186.76 | 0.0005 | 0.0049 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Optiver US LLC | 0 | -541,587 | 0 | 0 | 0 | |
| 2 | SPX Gestao de Recursos Ltda. | 849,336 | -261,477 | 9,291,735.84 | 0.3334 | 0.0653 | 09/30/2025 |
| 3 | Robeco Institutional Asset Management BV | 651,443 | -243,881 | 7,126,786.42 | 0.0065 | 0.0501 | 09/30/2025 |
| 4 | Merrill Lynch International (Investment Management) | 0 | -196,675 | 0 | 0 | 0 | |
| 5 | Two Sigma Advisers LP | 18,800 | -156,620 | 205,672 | 0.0004 | 0.0014 | 09/30/2025 |
| 6 | Two Sigma Investments LP | 76,264 | -115,989 | 834,328.16 | 0.0013 | 0.0059 | 09/30/2025 |
| 7 | Trium Capital LLP | 0 | -93,705 | 0 | 0 | 0 | |
| 8 | SSgA Funds Management, Inc. | 60,308 | -62,781 | 659,769.52 | 0 | 0.0046 | 09/30/2025 |
| 9 | Goldman Sachs International | 1,108,187 | -61,824 | 12,123,565.78 | 0.0913 | 0.0852 | 09/30/2025 |
| 10 | Barometer Capital Management, Inc. | 0 | -35,600 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.