| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | VR Advisory Services (USA) LLC | 16,472,821 | 531,084 | 42,170,421.76 | 4.7329 | 5.8542 | 03/31/2026 |
| 2 | BlackRock Investment Management (UK) Ltd. | 2,747,500 | -270,277 | 7,033,600 | 0.0008 | 0.9764 | 03/31/2026 |
| 3 | SSgA Funds Management, Inc. | 2,337,941 | 1,518,511 | 5,985,128.96 | 0.0002 | 0.8309 | 03/31/2026 |
| 4 | Trigon Asset Management AS | 2,066,982 | 0 | 5,291,473.92 | 0.4698 | 0.7346 | 06/30/2025 |
| 5 | State Street Global Advisors Ltd. | 1,517,400 | 1,511,400 | 3,884,544 | 0.0025 | 0.5393 | 02/28/2026 |
| 6 | BNP Paribas Financial Markets | 871,751 | 4,795 | 2,231,682.56 | 0.0013 | 0.3098 | 03/31/2026 |
| 7 | UBS Securities LLC | 671,090 | -10,593 | 1,717,990.4 | 0.0006 | 0.2385 | 03/31/2026 |
| 8 | East Capital Asia Ltd. | 660,547 | -415,717 | 1,691,000.32 | 0.1245 | 0.2348 | 03/31/2026 |
| 9 | Morgan Stanley & Co. LLC | 348,424 | -632,612 | 891,965.44 | 0.0003 | 0.1238 | 03/31/2026 |
| 10 | GAM International Management Ltd. | 300,000 | 100,000 | 768,000 | 0.0436 | 0.1066 | 12/31/2025 |
| 11 | Rangeley Capital LLC | 200,000 | 0 | 512,000 | 0.4128 | 0.0711 | 03/31/2026 |
| 12 | OTP Fund Management Ltd. | 191,919 | 0 | 491,312.64 | 0.039 | 0.0682 | 12/31/2024 |
| 13 | AzValor Asset Management SGIIC SA | 175,785 | 175,785 | 450,009.6 | 0.0123 | 0.0625 | 12/31/2025 |
| 14 | Parametric Portfolio Associates LLC | 174,212 | 38,899 | 445,982.72 | 0.0001 | 0.0619 | 03/31/2026 |
| 15 | Geode Capital Management LLC | 173,511 | 43,256 | 444,188.16 | 0 | 0.0617 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | BlackRock Strategic Fds. - Emerging Markets Equity Strategies | 3,017,777 | 0 | 7,725,509.12 | 0.4957 | 1.0725 | 02/28/2026 |
| 2 | State Street AUT Emerging Market Tilted Index Equity Fund | 1,511,400 | 1,511,400 | 3,869,184 | 0.0352 | 0.5371 | 02/28/2026 |
| 3 | TRIGON - New Europe Fund | 1,033,491 | 0 | 2,645,736.96 | 0.4593 | 0.3673 | 06/30/2025 |
| 4 | Trigon New Europe Fund | 1,033,491 | 0 | 2,645,736.96 | 0.4593 | 0.3673 | 06/30/2025 |
| 5 | State Street SPDR Portfolio Emerging Markets ETF | 764,054 | 73,350 | 1,955,978.24 | 0.0111 | 0.2715 | 04/30/2026 |
| 6 | East Capital - Balkans | 359,753 | 0 | 920,967.68 | 0.9329 | 0.1279 | 03/31/2026 |
| 7 | East Capital SICAV - New Europe | 300,794 | 0 | 770,032.64 | 0.4149 | 0.1069 | 03/31/2026 |
| 8 | OTP Paletta Alap | 191,919 | 0 | 491,312.64 | 0.6122 | 0.0682 | 12/31/2024 |
| 9 | Azvalor Managers, FI | 175,785 | 175,785 | 450,009.6 | 0.2336 | 0.0625 | 12/31/2025 |
| 10 | Nomura Emerging Markets Fund | 144,600 | 0 | 370,176 | 0.0026 | 0.0514 | 03/31/2026 |
| 11 | Amundi Funds - Emerging Europe Middle East & Africa | 127,655 | 0 | 326,796.8 | 0.268 | 0.0454 | 12/31/2025 |
| 12 | BIT Global Fintech Leaders | 120,000 | 0 | 307,200 | 0.4142 | 0.0426 | 10/31/2024 |
| 13 | State Street SPDR S&P Emerging Markets Small Cap ETF | 115,975 | -11,000 | 296,896 | 0.0408 | 0.0412 | 04/30/2026 |
| 14 | Amundi Eastern Europe Stock | 93,553 | 0 | 239,495.68 | 0.4028 | 0.0332 | 03/31/2026 |
| 15 | Global Online Retail | 84,988 | 0 | 217,569.28 | 2.2918 | 0.0302 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | SSgA Funds Management, Inc. | 2,337,941 | 1,518,511 | 5,985,128.96 | 0.0002 | 0.8309 | 03/31/2026 |
| 2 | State Street Global Advisors Ltd. | 1,517,400 | 1,511,400 | 3,884,544 | 0.0025 | 0.5393 | 02/28/2026 |
| 3 | VR Advisory Services (USA) LLC | 16,472,821 | 531,084 | 42,170,421.76 | 4.7329 | 5.8542 | 03/31/2026 |
| 4 | AzValor Asset Management SGIIC SA | 175,785 | 175,785 | 450,009.6 | 0.0123 | 0.0625 | 12/31/2025 |
| 5 | UBS Switzerland AG (Investment Management) | 142,504 | 132,504 | 364,810.24 | 0.0007 | 0.0506 | 03/31/2026 |
| 6 | GAM International Management Ltd. | 300,000 | 100,000 | 768,000 | 0.0436 | 0.1066 | 12/31/2025 |
| 7 | abrdn Investments Ltd. | 74,212 | 74,212 | 189,982.72 | 0.0005 | 0.0264 | 03/31/2026 |
| 8 | XTX Markets LLC | 71,283 | 71,283 | 182,484.48 | 0.003 | 0.0253 | 03/31/2026 |
| 9 | Jane Street Capital LLC | 61,029 | 61,029 | 156,234.24 | 0.0001 | 0.0217 | 03/31/2026 |
| 10 | GAM Investment Management (Switzerland) AG | 150,000 | 50,000 | 384,000 | 0.0095 | 0.0533 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Brightlight Capital Management LP | 0 | -6,305,000 | 0 | 0 | 0 | |
| 2 | Luxor Capital Group LP | 0 | -3,912,903 | 0 | 0 | 0 | |
| 3 | Hosking Partners LLP | 0 | -3,697,569 | 0 | 0 | 0 | |
| 4 | Tekne Capital Management LLC | 0 | -1,611,112 | 0 | 0 | 0 | |
| 5 | BIT Capital GmbH | 0 | -1,538,011 | 0 | 0 | 0 | |
| 6 | Marex Prime Services Ltd. | 0 | -742,707 | 0 | 0 | 0 | |
| 7 | Morgan Stanley & Co. LLC | 348,424 | -632,612 | 891,965.44 | 0.0003 | 0.1238 | 03/31/2026 |
| 8 | East Capital Asia Ltd. | 660,547 | -415,717 | 1,691,000.32 | 0.1245 | 0.2348 | 03/31/2026 |
| 9 | BlackRock Investment Management (UK) Ltd. | 2,747,500 | -270,277 | 7,033,600 | 0.0008 | 0.9764 | 03/31/2026 |
| 10 | GSA Capital Partners LLP | 0 | -237,221 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.