| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Millennium Management LLC | 2,591,458 | 2,330,379 | 33,481,637.36 | 0.0243 | 0.1261 | 12/31/2025 |
| 2 | Fundamenta Capital SA (Uruguay) | 2,009,495 | 2,009,495 | 25,962,675.4 | 17.5341 | 0.0977 | 12/31/2025 |
| 3 | Vanguard Fiduciary Trust Co. | 1,918,323 | 63,986 | 24,784,733.16 | 0.0056 | 0.0933 | 12/31/2025 |
| 4 | Charles Schwab Investment Management, Inc. | 1,407,890 | 227,536 | 18,189,938.8 | 0.002 | 0.0685 | 12/31/2025 |
| 5 | Two Sigma Investments LP | 1,328,004 | 1,105,844 | 17,157,811.68 | 0.0257 | 0.0646 | 12/31/2025 |
| 6 | BlackRock Fund Advisors | 1,241,574 | 212,077 | 16,041,136.08 | 0.0003 | 0.0604 | 12/31/2025 |
| 7 | The Vanguard Group, Inc. | 1,189,747 | -162,375 | 15,371,531.24 | 0.0002 | 0.0579 | 12/31/2025 |
| 8 | Goldman Sachs & Co. LLC (Private Banking) | 836,891 | 338,114 | 10,812,631.72 | 0.0049 | 0.0407 | 12/31/2025 |
| 9 | D. E. Shaw & Co. LP | 690,567 | 482,487 | 8,922,125.64 | 0.0069 | 0.0336 | 12/31/2025 |
| 10 | American Century Investment Management, Inc. | 583,350 | 135,290 | 7,536,882 | 0.0028 | 0.0284 | 12/31/2025 |
| 11 | Truffle Hound Capital LLC | 550,000 | 0 | 7,106,000 | 3.9679 | 0.0268 | 12/31/2025 |
| 12 | Morgan Stanley & Co. LLC | 487,320 | 232,457 | 6,296,174.4 | 0.0023 | 0.0237 | 12/31/2025 |
| 13 | Citadel Securities LLC | 483,906 | 310,706 | 6,252,065.52 | 0.0134 | 0.0235 | 12/31/2025 |
| 14 | Two Sigma Advisers LP | 477,900 | 477,900 | 6,174,468 | 0.012 | 0.0232 | 12/31/2025 |
| 15 | Fisher Asset Management LLC | 445,260 | -11,559 | 5,752,759.2 | 0.0019 | 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 | 21,849,735.52 | 0.0071 | 0.0823 | 01/31/2026 |
| 2 | iShares Tr. - Latin America 40 ETF | 1,603,271 | 711,037 | 20,714,261.32 | 0.5103 | 0.078 | 02/27/2026 |
| 3 | Schwab Fundamental Emerging Markets Equity ETF | 1,236,585 | 198,119 | 15,976,678.2 | 0.1788 | 0.0602 | 02/27/2026 |
| 4 | Vanguard Emerging Markets Stock Index Fund | 892,308 | -24,029 | 11,528,619.36 | 0.0075 | 0.0434 | 01/31/2026 |
| 5 | Avantis Emerging Markets Equity ETF | 836,836 | 372,977 | 10,811,921.12 | 0.0527 | 0.0407 | 02/27/2026 |
| 6 | Allianz Global Investors Fund - Emerging Markets Equity | 226,659 | 30,689 | 2,928,434.28 | 0.4698 | 0.011 | 10/31/2025 |
| 7 | Vanguard FTSE All World (ex-US) Index Fund | 226,475 | 14,275 | 2,926,057 | 0.0035 | 0.011 | 01/31/2026 |
| 8 | MDPIM International Equity Pool | 225,309 | 0 | 2,910,992.28 | 0.0721 | 0.011 | 06/30/2025 |
| 9 | JPMorgan Funds - Latin America Equity Fund | 217,967 | 217,967 | 2,816,133.64 | 0.5537 | 0.0106 | 01/31/2026 |
| 10 | Schwab Fundamental Emerging Markets Equity Index Fund | 211,988 | 40,830 | 2,738,884.96 | 0.1797 | 0.0103 | 01/31/2026 |
| 11 | State Street SPDR S&P Global Natural Resources ETF | 202,620 | 15,601 | 2,617,850.4 | 0.0564 | 0.0099 | 02/27/2026 |
| 12 | Vanguard Institutional Total Intl. Stock Market Index Trust | 200,580 | 17,104 | 2,591,493.6 | 0.0052 | 0.0098 | 01/31/2026 |
| 13 | iShares Global Energy ETF | 164,869 | -402 | 2,130,107.48 | 0.0952 | 0.008 | 02/27/2026 |
| 14 | ActivePassive International Equity ETF | 131,887 | 478 | 1,703,980.04 | 0.1759 | 0.0064 | 02/27/2026 |
| 15 | Fisher Invts. Instl. Fds. Plc - Emerging Markets Eq. ESG Fund | 121,110 | -10,559 | 1,564,741.2 | 1.3784 | 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 | 33,481,637.36 | 0.0243 | 0.1261 | 12/31/2025 |
| 2 | Fundamenta Capital SA (Uruguay) | 2,009,495 | 2,009,495 | 25,962,675.4 | 17.5341 | 0.0977 | 12/31/2025 |
| 3 | Two Sigma Investments LP | 1,328,004 | 1,105,844 | 17,157,811.68 | 0.0257 | 0.0646 | 12/31/2025 |
| 4 | D. E. Shaw & Co. LP | 690,567 | 482,487 | 8,922,125.64 | 0.0069 | 0.0336 | 12/31/2025 |
| 5 | Two Sigma Advisers LP | 477,900 | 477,900 | 6,174,468 | 0.012 | 0.0232 | 12/31/2025 |
| 6 | Goldman Sachs & Co. LLC (Private Banking) | 836,891 | 338,114 | 10,812,631.72 | 0.0049 | 0.0407 | 12/31/2025 |
| 7 | Citadel Securities LLC | 483,906 | 310,706 | 6,252,065.52 | 0.0134 | 0.0235 | 12/31/2025 |
| 8 | Voloridge Investment Management LLC | 236,586 | 236,586 | 3,056,691.12 | 0.0107 | 0.0115 | 12/31/2025 |
| 9 | Morgan Stanley & Co. LLC | 487,320 | 232,457 | 6,296,174.4 | 0.0023 | 0.0237 | 12/31/2025 |
| 10 | Charles Schwab Investment Management, Inc. | 1,407,890 | 227,536 | 18,189,938.8 | 0.002 | 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 | 592,911.72 | 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 | 289,614.72 | 0.001 | 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.