| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Robeco Institutional Asset Management BV | 653,418 | 485,063 | 6,775,944.66 | 0.0058 | 0.0876 | 12/31/2025 |
| 2 | The Vanguard Group, Inc. | 648,267 | 0 | 6,722,528.79 | 0.0001 | 0.0869 | 09/30/2025 |
| 3 | Optiver US LLC | 299,739 | 11,611 | 3,108,293.43 | 0.0449 | 0.0402 | 09/30/2025 |
| 4 | Goldman Sachs International | 159,722 | 0 | 1,656,317.14 | 0.0116 | 0.0214 | 09/30/2025 |
| 5 | Aperio Group LLC | 144,891 | -2,304 | 1,502,519.67 | 0.0011 | 0.0194 | 09/30/2025 |
| 6 | Morgan Stanley Latam LLC | 115,853 | 22,496 | 1,201,395.61 | 0.4332 | 0.0155 | 09/30/2025 |
| 7 | Hennion & Walsh Asset Management, Inc. | 96,800 | 96,800 | 1,003,816 | 0.0334 | 0.013 | 12/31/2025 |
| 8 | Mirae Asset Global Investments (USA) LLC | 89,128 | 89,128 | 924,257.36 | 0.0025 | 0.012 | 12/31/2025 |
| 9 | SPX Gestao de Recursos Ltda. | 70,929 | 0 | 735,533.73 | 0.0226 | 0.0095 | 09/30/2025 |
| 10 | Letko, Brosseau & Associates, Inc. | 65,756 | -2,350 | 681,889.72 | 0.0097 | 0.0088 | 09/30/2025 |
| 11 | American Century Investment Management, Inc. | 48,684 | 0 | 504,853.08 | 0.0002 | 0.0065 | 09/30/2025 |
| 12 | Thrivent Trust Co. | 48,055 | 46,298 | 498,330.35 | 0.0054 | 0.0064 | 12/31/2025 |
| 13 | Morgan Stanley & Co. LLC | 43,126 | -972 | 447,216.62 | 0.0001 | 0.0058 | 09/30/2025 |
| 14 | Vanguard Fiduciary Trust Co. | 34,075 | 0 | 353,357.75 | 0.0001 | 0.0046 | 09/30/2025 |
| 15 | RhumbLine Advisers LP | 29,499 | -21,624 | 305,904.63 | 0.0002 | 0.004 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Vanguard Emerging Markets Stock Index Fund | 1,907,642 | 1,528,503 | 19,782,247.54 | 0.0125 | 0.2558 | 12/31/2025 |
| 2 | iShares Global Infrastructure Index Fund | 401,142 | 401,142 | 4,159,842.54 | 0.5491 | 0.0538 | 12/31/2025 |
| 3 | Avantis Emerging Markets Equity ETF | 234,467 | 187,574 | 2,431,422.79 | 0.0136 | 0.0314 | 12/31/2025 |
| 4 | Vanguard Total International Stock Index Fund | 214,910 | 8,914 | 2,228,616.7 | 0.0004 | 0.0288 | 12/31/2025 |
| 5 | Vanguard FTSE All World (ex-US) Index Fund | 175,729 | 112,597 | 1,822,309.73 | 0.0022 | 0.0236 | 12/31/2025 |
| 6 | HSBC ETFs Plc - MSCI Emerging Markets | 142,174 | 142,174 | 1,474,344.38 | 0.032 | 0.0191 | 12/30/2025 |
| 7 | Dimensional Emerging Core Equity Market ETF | 83,175 | 83,175 | 862,524.75 | 0.0106 | 0.0112 | 12/31/2025 |
| 8 | VanEck Low Carbon Energy ETF | 62,439 | 62,439 | 647,492.43 | 0.4644 | 0.0084 | 12/31/2025 |
| 9 | Dimensional Emerging Markets Core Equity 2 ETF | 40,711 | 40,711 | 422,173.07 | 0.0055 | 0.0055 | 12/31/2025 |
| 10 | Global X Brazil Active ETF | 30,418 | 30,418 | 315,434.66 | 2.9276 | 0.0041 | 12/31/2025 |
| 11 | Vanguard Institutional Total Intl. Stock Market Index Trust | 29,609 | 0 | 307,045.33 | 0.0006 | 0.004 | 11/30/2025 |
| 12 | BNY Mellon Global Fds. Plc - Brazil Equity Fund | 24,516 | -6,400 | 254,230.92 | 0.4683 | 0.0033 | 11/30/2025 |
| 13 | KIM ACE American Eco-Friendly Green Theme INDXX | 18,776 | 18,776 | 194,707.12 | 2.5699 | 0.0025 | 12/26/2025 |
| 14 | ActivePassive International Equity ETF | 16,854 | 16,854 | 174,775.98 | 0.0173 | 0.0023 | 12/31/2025 |
| 15 | Dimensional Emerging Markets ex China Core Equity ETF | 13,802 | 13,526 | 143,126.74 | 0.0529 | 0.0019 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Robeco Institutional Asset Management BV | 653,418 | 485,063 | 6,775,944.66 | 0.0058 | 0.0876 | 12/31/2025 |
| 2 | Hennion & Walsh Asset Management, Inc. | 96,800 | 96,800 | 1,003,816 | 0.0334 | 0.013 | 12/31/2025 |
| 3 | Mirae Asset Global Investments (USA) LLC | 89,128 | 89,128 | 924,257.36 | 0.0025 | 0.012 | 12/31/2025 |
| 4 | Thrivent Trust Co. | 48,055 | 46,298 | 498,330.35 | 0.0054 | 0.0064 | 12/31/2025 |
| 5 | J.O. Hambro Capital Management Ltd. | 29,073 | 29,073 | 301,487.01 | 0.0018 | 0.0039 | 12/31/2025 |
| 6 | PDS Planning, Inc. | 22,928 | 22,928 | 237,763.36 | 0.0155 | 0.0031 | 12/31/2025 |
| 7 | Morgan Stanley Latam LLC | 115,853 | 22,496 | 1,201,395.61 | 0.4332 | 0.0155 | 09/30/2025 |
| 8 | Korea Investment Management Co., Ltd. | 18,776 | 18,776 | 194,707.12 | 0.0021 | 0.0025 | 12/26/2025 |
| 9 | SignatureFD LLC | 19,575 | 18,440 | 202,992.75 | 0.003 | 0.0026 | 12/31/2025 |
| 10 | Sageguard Financial Group LLC | 13,392 | 13,392 | 138,875.04 | 0.0214 | 0.0018 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | RhumbLine Advisers LP | 29,499 | -21,624 | 305,904.63 | 0.0002 | 0.004 | 09/30/2025 |
| 2 | Citadel Securities LLC | 11,467 | -6,089 | 118,912.79 | 0.0003 | 0.0015 | 09/30/2025 |
| 3 | Letko, Brosseau & Associates, Inc. | 65,756 | -2,350 | 681,889.72 | 0.0097 | 0.0088 | 09/30/2025 |
| 4 | Aperio Group LLC | 144,891 | -2,304 | 1,502,519.67 | 0.0011 | 0.0194 | 09/30/2025 |
| 5 | Raymond James & Associates, Inc. (Invt Mgmt) | 0 | -2,250 | 0 | 0 | 0 | |
| 6 | Millennium Management LLC | 16,893 | -2,225 | 175,180.41 | 0.0001 | 0.0023 | 09/30/2025 |
| 7 | Morgan Stanley & Co. LLC | 43,126 | -972 | 447,216.62 | 0.0001 | 0.0058 | 09/30/2025 |
| 8 | Bank of America, NA (Private Banking) | 4,597 | -642 | 47,670.89 | 0 | 0.0006 | 09/30/2025 |
| 9 | CIBC Private Wealth Advisors, Inc. | 0 | -97 | 0 | 0 | 0 | |
| 10 | UBS Securities LLC | 1,879 | -91 | 19,485.23 | 0 | 0.0003 | 09/30/2025 |
Data provided by FactSet Research Systems Inc.