| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Millennium Management LLC | 2,591,458 | 2,330,379 | 36,150,839.1 | 0.0269 | 0.1261 | 12/31/2025 |
| 2 | Fundamenta Capital SA (Uruguay) | 2,009,495 | 2,009,495 | 28,032,455.25 | 18.2289 | 0.0977 | 12/31/2025 |
| 3 | Vanguard Fiduciary Trust Co. | 1,918,323 | 63,986 | 26,760,605.85 | 0.0061 | 0.0933 | 12/31/2025 |
| 4 | Charles Schwab Investment Management, Inc. | 1,407,890 | 227,536 | 19,640,065.5 | 0.0002 | 0.0685 | 12/31/2025 |
| 5 | Two Sigma Investments LP | 1,328,004 | 1,105,844 | 18,525,655.8 | 0.0283 | 0.0646 | 12/31/2025 |
| 6 | BlackRock Fund Advisors | 1,241,574 | 212,077 | 17,319,957.3 | 0.0004 | 0.0604 | 12/31/2025 |
| 7 | The Vanguard Group, Inc. | 1,189,747 | -162,375 | 16,596,970.65 | 0.0002 | 0.0579 | 12/31/2025 |
| 8 | Goldman Sachs & Co. LLC (Private Banking) | 836,891 | 338,114 | 11,674,629.45 | 0.0054 | 0.0407 | 12/31/2025 |
| 9 | D. E. Shaw & Co. LP | 690,567 | 482,487 | 9,633,409.65 | 0.0076 | 0.0336 | 12/31/2025 |
| 10 | American Century Investment Management, Inc. | 583,350 | 135,290 | 8,137,732.5 | 0.0031 | 0.0284 | 12/31/2025 |
| 11 | Truffle Hound Capital LLC | 550,000 | 0 | 7,672,500 | 4.2942 | 0.0268 | 12/31/2025 |
| 12 | Morgan Stanley & Co. LLC | 487,320 | 232,457 | 6,798,114 | 0.0025 | 0.0237 | 12/31/2025 |
| 13 | Citadel Securities LLC | 483,906 | 310,706 | 6,750,488.7 | 0.0146 | 0.0235 | 12/31/2025 |
| 14 | Two Sigma Advisers LP | 477,900 | 477,900 | 6,666,705 | 0.0132 | 0.0232 | 12/31/2025 |
| 15 | Fisher Asset Management LLC | 445,260 | -11,559 | 6,211,377 | 0.0021 | 0.0217 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Vanguard Institutional Total Intl. Stock Market Index Tr. II | 1,691,156 | 26,781 | 23,591,626.2 | 0.0078 | 0.0823 | 01/31/2026 |
| 2 | iShares Tr. - Latin America 40 ETF | 1,603,271 | 711,037 | 22,365,630.45 | 0.5524 | 0.078 | 02/27/2026 |
| 3 | Schwab Fundamental Emerging Markets Equity ETF | 1,236,585 | 198,119 | 17,250,360.75 | 0.1928 | 0.0602 | 02/27/2026 |
| 4 | Vanguard Emerging Markets Stock Index Fund | 892,308 | -24,029 | 12,447,696.6 | 0.0081 | 0.0434 | 01/31/2026 |
| 5 | Avantis Emerging Markets Equity ETF | 836,836 | 372,977 | 11,673,862.2 | 0.0573 | 0.0407 | 02/27/2026 |
| 6 | Allianz Global Investors Fund - Emerging Markets Equity | 226,659 | 30,689 | 3,161,893.05 | 0.5059 | 0.011 | 11/30/2025 |
| 7 | Vanguard FTSE All World (ex-US) Index Fund | 226,475 | 14,275 | 3,159,326.25 | 0.0038 | 0.011 | 01/31/2026 |
| 8 | MDPIM International Equity Pool | 225,309 | 0 | 3,143,060.55 | 0.0792 | 0.011 | 06/30/2025 |
| 9 | JPMorgan Funds - Latin America Equity Fund | 217,967 | 217,967 | 3,040,639.65 | 0.5993 | 0.0106 | 01/31/2026 |
| 10 | Schwab Fundamental Emerging Markets Equity Index Fund | 211,988 | 40,830 | 2,957,232.6 | 0.1937 | 0.0103 | 01/31/2026 |
| 11 | State Street SPDR S&P Global Natural Resources ETF | 202,620 | 15,601 | 2,826,549 | 0.0598 | 0.0099 | 02/27/2026 |
| 12 | Vanguard Institutional Total Intl. Stock Market Index Trust | 200,580 | 17,104 | 2,798,091 | 0.0057 | 0.0098 | 01/31/2026 |
| 13 | iShares Global Energy ETF | 164,869 | -402 | 2,299,922.55 | 0.1003 | 0.008 | 02/27/2026 |
| 14 | ActivePassive International Equity ETF | 131,887 | 478 | 1,839,823.65 | 0.1912 | 0.0064 | 02/27/2026 |
| 15 | Fisher Invts. Instl. Fds. Plc - Emerging Markets Eq. ESG Fund | 121,110 | -10,559 | 1,689,484.5 | 1.492 | 0.0059 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Millennium Management LLC | 2,591,458 | 2,330,379 | 36,150,839.1 | 0.0269 | 0.1261 | 12/31/2025 |
| 2 | Fundamenta Capital SA (Uruguay) | 2,009,495 | 2,009,495 | 28,032,455.25 | 18.2289 | 0.0977 | 12/31/2025 |
| 3 | Two Sigma Investments LP | 1,328,004 | 1,105,844 | 18,525,655.8 | 0.0283 | 0.0646 | 12/31/2025 |
| 4 | D. E. Shaw & Co. LP | 690,567 | 482,487 | 9,633,409.65 | 0.0076 | 0.0336 | 12/31/2025 |
| 5 | Two Sigma Advisers LP | 477,900 | 477,900 | 6,666,705 | 0.0132 | 0.0232 | 12/31/2025 |
| 6 | Goldman Sachs & Co. LLC (Private Banking) | 836,891 | 338,114 | 11,674,629.45 | 0.0054 | 0.0407 | 12/31/2025 |
| 7 | Citadel Securities LLC | 483,906 | 310,706 | 6,750,488.7 | 0.0146 | 0.0235 | 12/31/2025 |
| 8 | Voloridge Investment Management LLC | 236,586 | 236,586 | 3,300,374.7 | 0.0118 | 0.0115 | 12/31/2025 |
| 9 | Morgan Stanley & Co. LLC | 487,320 | 232,457 | 6,798,114 | 0.0025 | 0.0237 | 12/31/2025 |
| 10 | Charles Schwab Investment Management, Inc. | 1,407,890 | 227,536 | 19,640,065.5 | 0.0002 | 0.0685 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Oaktree Capital Management LP | 0 | -3,549,822 | 0 | 0 | 0 | |
| 2 | Russell Investment Management LLC | 45,891 | -1,857,486 | 640,179.45 | 0.0006 | 0.0022 | 12/31/2025 |
| 3 | Global X Management Co. LLC | 0 | -1,190,268 | 0 | 0 | 0 | |
| 4 | Candriam Belgium SA | 0 | -841,000 | 0 | 0 | 0 | |
| 5 | Militia Capital Management LLC | 0 | -556,200 | 0 | 0 | 0 | |
| 6 | EARNEST Partners LLC | 22,416 | -421,432 | 312,703.2 | 0.0011 | 0.0011 | 12/31/2025 |
| 7 | Global X Management Co. (UK) Ltd. | 0 | -418,238 | 0 | 0 | 0 | |
| 8 | Militia Investments LLC | 0 | -402,522 | 0 | 0 | 0 | |
| 9 | Empowered Funds LLC | 0 | -318,943 | 0 | 0 | 0 | |
| 10 | Empirical Finance LLC | 0 | -300,866 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.