| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Susquehanna Financial Group LLLP | 16,494,830 | 200 | 88,907,133.7 | 0.1343 | 11.7758 | 09/30/2025 |
| 2 | Acadian Asset Management LLC | 5,256,278 | -182,748 | 28,331,338.42 | 0.0408 | 3.7525 | 09/30/2025 |
| 3 | Bank of America, NA (Private Banking) | 2,859,172 | -734,565 | 15,410,937.08 | 0.0046 | 2.0412 | 09/30/2025 |
| 4 | Causeway Capital Management LLC | 2,834,783 | 483,580 | 15,279,480.37 | 0.03 | 2.0238 | 09/30/2025 |
| 5 | Morgan Stanley & Co. LLC | 2,629,628 | 425,877 | 14,173,694.92 | 0.0048 | 1.8773 | 09/30/2025 |
| 6 | SSgA Funds Management, Inc. | 2,623,544 | -1,281,435 | 14,140,902.16 | 0.0005 | 1.873 | 09/30/2025 |
| 7 | Arrowstreet Capital LP | 2,512,974 | 46,014 | 13,544,929.86 | 0.0078 | 1.794 | 09/30/2025 |
| 8 | Qube Research & Technologies Ltd. | 2,297,374 | 1,665,670 | 12,382,845.86 | 0.0173 | 1.6401 | 09/30/2025 |
| 9 | BlackRock Fund Advisors | 2,221,475 | -313,102 | 11,973,750.25 | 0.0003 | 1.5859 | 09/30/2025 |
| 10 | Dimensional Fund Advisors LP | 2,106,595 | -39,172 | 11,354,547.05 | 0.0017 | 1.5039 | 09/30/2025 |
| 11 | The Vanguard Group, Inc. | 1,886,972 | -1,710,663 | 10,170,779.08 | 0.0001 | 1.3471 | 09/30/2025 |
| 12 | Eastspring Investments (Singapore) Ltd. | 1,822,693 | 42,000 | 9,824,315.27 | 0.0372 | 1.3012 | 09/30/2025 |
| 13 | Norges Bank Investment Management | 1,744,252 | 0 | 9,401,518.28 | 0.0006 | 1.2452 | 06/30/2025 |
| 14 | Marshall Wace LLP | 1,464,989 | 523,904 | 7,896,290.71 | 0.0084 | 1.0459 | 09/30/2025 |
| 15 | Goldman Sachs & Co. LLC (Private Banking) | 1,445,546 | -285,295 | 7,791,492.94 | 0.0033 | 1.032 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Government Pension Fund - Global (The) | 1,744,251 | 0 | 9,401,512.89 | 0.0006 | 1.2452 | 06/30/2025 |
| 2 | iShares Core MSCI Emerging Markets ETF | 1,445,945 | -31,503 | 7,793,643.55 | 0.0063 | 1.0323 | 12/31/2025 |
| 3 | DFA Emerging Markets Core Equity 2 Portfolio | 983,717 | 10,430 | 5,302,234.63 | 0.015 | 0.7023 | 10/31/2025 |
| 4 | Avantis Emerging Markets Equity ETF | 930,373 | -30,545 | 5,014,710.47 | 0.0303 | 0.6642 | 12/31/2025 |
| 5 | Vanguard Total International Stock Index Fund | 832,799 | -714,487 | 4,488,786.61 | 0.0008 | 0.5945 | 11/30/2025 |
| 6 | Vanguard Emerging Markets Stock Index Fund | 760,745 | -851,179 | 4,100,415.55 | 0.0027 | 0.5431 | 11/30/2025 |
| 7 | JNL Multi Manager International Small Cap Fund | 667,922 | 0 | 3,600,099.58 | 0.4971 | 0.4768 | 09/30/2025 |
| 8 | Henderson Far East Income Ltd. | 593,420 | 0 | 3,198,533.8 | 0.4901 | 0.4236 | 08/31/2025 |
| 9 | State Street SPDR S&P Kensho New Economies Composite ETF | 572,805 | -346,291 | 3,087,418.95 | 0.1222 | 0.4089 | 12/31/2025 |
| 10 | Causeway International Small Cap Fund | 514,614 | 21,200 | 2,773,769.46 | 0.9265 | 0.3674 | 09/30/2025 |
| 11 | State Street AUT Emerging Market Tilted Index Equity Fund | 492,900 | 492,900 | 2,656,731 | 0.0282 | 0.3519 | 11/30/2025 |
| 12 | DFA Dimensional Emerging Markets Value Fund | 472,528 | 0 | 2,546,925.92 | 0.0184 | 0.3373 | 10/31/2025 |
| 13 | Vanguard Institutional Total Intl. Stock Market Index Tr. II | 432,845 | -370,086 | 2,333,034.55 | 0.0008 | 0.309 | 11/30/2025 |
| 14 | Russell Invt. Co. Plc - Acadian Emerging Markets Equ. UCITS II | 371,443 | 0 | 2,002,077.77 | 0.0855 | 0.2652 | 03/31/2025 |
| 15 | iShares plc - Core MSCI Emerging Markets IMI UCITS ETF | 366,637 | 28,823 | 1,976,173.43 | 0.0058 | 0.2617 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Qube Research & Technologies Ltd. | 2,297,374 | 1,665,670 | 12,382,845.86 | 0.0173 | 1.6401 | 09/30/2025 |
| 2 | Lazard Asset Management LLC | 1,233,834 | 944,857 | 6,650,365.26 | 0.0051 | 0.8808 | 09/30/2025 |
| 3 | Ariose Capital Management Ltd. | 780,955 | 780,955 | 4,209,347.45 | 1.2572 | 0.5575 | 09/30/2025 |
| 4 | Cederberg Capital Ltd. | 680,600 | 680,600 | 3,668,434 | 0.85 | 0.4859 | 09/30/2025 |
| 5 | Marshall Wace LLP | 1,464,989 | 523,904 | 7,896,290.71 | 0.0084 | 1.0459 | 09/30/2025 |
| 6 | Citigroup Global Markets, Inc. (Investment Management) | 688,225 | 516,514 | 3,709,532.75 | 0.003 | 0.4913 | 09/30/2025 |
| 7 | UBS Securities LLC | 653,463 | 508,332 | 3,522,165.57 | 0.0014 | 0.4665 | 09/30/2025 |
| 8 | Voloridge Investment Management LLC | 505,245 | 505,245 | 2,723,270.55 | 0.0088 | 0.3607 | 09/30/2025 |
| 9 | Causeway Capital Management LLC | 2,834,783 | 483,580 | 15,279,480.37 | 0.03 | 2.0238 | 09/30/2025 |
| 10 | Morgan Stanley & Co. LLC | 2,629,628 | 425,877 | 14,173,694.92 | 0.0048 | 1.8773 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Numeric Investors LLC | 1,402,328 | -2,706,731 | 7,558,547.92 | 0.0187 | 1.0011 | 09/30/2025 |
| 2 | The Vanguard Group, Inc. | 1,886,972 | -1,710,663 | 10,170,779.08 | 0.0001 | 1.3471 | 09/30/2025 |
| 3 | SSgA Funds Management, Inc. | 2,623,544 | -1,281,435 | 14,140,902.16 | 0.0005 | 1.873 | 09/30/2025 |
| 4 | Walleye Capital LLC | 0 | -1,178,266 | 0 | 0 | 0 | |
| 5 | Bank of America, NA (Private Banking) | 2,859,172 | -734,565 | 15,410,937.08 | 0.0046 | 2.0412 | 09/30/2025 |
| 6 | Vanguard Fiduciary Trust Co. | 502,901 | -435,723 | 2,710,636.39 | 0.0006 | 0.359 | 09/30/2025 |
| 7 | TIAA-CREF Investment Management LLC | 74,900 | -414,200 | 403,711 | 0.0002 | 0.0535 | 09/30/2025 |
| 8 | Mackenzie Financial Corp. | 328,415 | -413,990 | 1,770,156.85 | 0.0016 | 0.2345 | 09/30/2025 |
| 9 | JPMorgan Securities LLC (Investment Management) | 0 | -411,906 | 0 | 0 | 0 | |
| 10 | Canada Pension Plan Investment Board | 0 | -407,797 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.