| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Fidelity Management & Research Co. LLC | 54,769,863 | 2,372,352 | 233,867,315.01 | 0.0124 | 4.2943 | 12/31/2025 |
| 2 | FIAM LLC | 43,880,952 | 10,980,515 | 187,371,665.04 | 0.0888 | 3.4406 | 12/31/2025 |
| 3 | Capital Research & Management Co. (International Investors) | 27,415,434 | -3,630,809 | 117,063,903.18 | 0.0165 | 2.1496 | 12/31/2025 |
| 4 | Donald Smith & Co., Inc. | 24,211,588 | 7,982,296 | 103,383,480.76 | 1.8588 | 1.8984 | 12/31/2025 |
| 5 | Aquamarine Financial (Cayman) Ltd. | 19,526,171 | 1,724,943 | 83,376,750.17 | 5.7951 | 1.531 | 12/31/2025 |
| 6 | Contrarian Capital Management LLC | 19,069,112 | 0 | 81,425,108.24 | 19.5077 | 1.4952 | 12/31/2025 |
| 7 | Dimensional Fund Advisors LP | 10,204,405 | -7,193 | 43,572,809.35 | 0.006 | 0.8001 | 12/31/2025 |
| 8 | Itau USA Asset Management, Inc. | 8,744,732 | -1,211,529 | 37,340,005.64 | 0.5395 | 0.6856 | 12/31/2025 |
| 9 | Causeway Capital Management LLC | 7,259,433 | 70,163 | 30,997,778.91 | 0.0642 | 0.5692 | 12/31/2025 |
| 10 | Renaissance Technologies LLC | 6,211,324 | -4,645,824 | 26,522,353.48 | 0.0393 | 0.487 | 12/31/2025 |
| 11 | Citadel Securities LLC | 5,847,791 | 3,967,783 | 24,970,067.57 | 0.0508 | 0.4585 | 12/31/2025 |
| 12 | BlackRock Fund Advisors | 5,705,543 | -40,989 | 24,362,668.61 | 0.0005 | 0.4474 | 12/31/2025 |
| 13 | American Century Investment Management, Inc. | 5,424,093 | 603,085 | 23,160,877.11 | 0.0083 | 0.4253 | 12/31/2025 |
| 14 | SPX Gestao de Recursos Ltda. | 4,894,496 | 403,454 | 20,899,497.92 | 0.6867 | 0.3838 | 12/31/2025 |
| 15 | Morgan Stanley & Co. LLC | 4,776,267 | 296,076 | 20,394,660.09 | 0.007 | 0.3745 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | American Funds New Perspective Fund | 20,168,239 | -2,098,611 | 86,118,380.53 | 0.0535 | 1.5813 | 12/31/2025 |
| 2 | iShares Tr. - Latin America 40 ETF | 8,425,701 | 3,570,348 | 35,977,743.27 | 0.7905 | 0.6606 | 03/31/2026 |
| 3 | PERSI - PSI Donald Smith Dom | 7,176,990 | 2,288,900 | 30,645,747.3 | 2.3965 | 0.5627 | 12/31/2025 |
| 4 | Avantis Emerging Markets Equity ETF | 5,903,277 | 1,699,387 | 25,206,992.79 | 0.1158 | 0.4629 | 03/31/2026 |
| 5 | Vanguard Selected Value Fund | 5,021,000 | 871,100 | 21,439,670 | 0.3288 | 0.3937 | 01/31/2026 |
| 6 | CIF - Capital Group New Perspective Fund (Lux) | 4,642,049 | -250,648 | 19,821,549.23 | 0.0971 | 0.364 | 12/31/2025 |
| 7 | MFS International New Discovery Fund | 3,383,774 | 3,383,774 | 14,448,714.98 | 0.1804 | 0.2653 | 02/28/2026 |
| 8 | DFA Dimensional Emerging Markets Value Fund | 3,232,746 | -108,462 | 13,803,825.42 | 0.0938 | 0.2535 | 12/31/2025 |
| 9 | State Street SPDR Portfolio Emerging Markets ETF | 3,117,920 | 323,464 | 13,313,518.4 | 0.0776 | 0.2445 | 03/31/2026 |
| 10 | DWS Invest - Latin American Equities | 3,080,169 | -1,879,301 | 13,152,321.63 | 0.4558 | 0.2415 | 02/27/2026 |
| 11 | Inbuinter, SA De CV Fondo de Inversion de Renta Variable | 2,847,200 | -251,141 | 12,157,544 | 1.2896 | 0.2232 | 01/30/2026 |
| 12 | DFA Emerging Markets Core Equity 2 Portfolio | 2,486,838 | 0 | 10,618,798.26 | 0.0279 | 0.195 | 12/31/2025 |
| 13 | Causeway Emerging Markets Fund | 2,163,051 | 89,253 | 9,236,227.77 | 0.2618 | 0.1696 | 12/31/2025 |
| 14 | UBS (Lux) Equity SICAV - Engage for Impact (USD) | 2,140,207 | 2,140,207 | 9,138,683.89 | 1.2792 | 0.1678 | 12/31/2025 |
| 15 | MFS Active International ETF | 1,732,030 | 799,958 | 7,395,768.1 | 0.7643 | 0.1358 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | FIAM LLC | 43,880,952 | 10,980,515 | 187,371,665.04 | 0.0888 | 3.4406 | 12/31/2025 |
| 2 | Donald Smith & Co., Inc. | 24,211,588 | 7,982,296 | 103,383,480.76 | 1.8588 | 1.8984 | 12/31/2025 |
| 3 | Citadel Securities LLC | 5,847,791 | 3,967,783 | 24,970,067.57 | 0.0508 | 0.4585 | 12/31/2025 |
| 4 | Fidelity Management & Research Co. LLC | 54,769,863 | 2,372,352 | 233,867,315.01 | 0.0124 | 4.2943 | 12/31/2025 |
| 5 | Leap Investments LP | 1,986,943 | 1,986,943 | 8,484,246.61 | 0.153 | 0.1558 | 12/31/2025 |
| 6 | Mackenzie Financial Corp. | 4,117,253 | 1,837,160 | 17,580,670.31 | 0.0154 | 0.3228 | 12/31/2025 |
| 7 | Aquamarine Financial (Cayman) Ltd. | 19,526,171 | 1,724,943 | 83,376,750.17 | 5.7951 | 1.531 | 12/31/2025 |
| 8 | Point72 Asset Management LP | 2,072,395 | 1,693,795 | 8,849,126.65 | 0.013 | 0.1625 | 12/31/2025 |
| 9 | Millennium Management LLC | 3,505,150 | 1,475,351 | 14,966,990.5 | 0.0106 | 0.2748 | 12/31/2025 |
| 10 | Jane Street Capital LLC | 1,251,423 | 1,251,423 | 5,343,576.21 | 0.0059 | 0.0981 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Merrill Lynch International (Investment Management) | 1 | -15,808,714 | 4.27 | 0 | 0 | 12/31/2025 |
| 2 | Renaissance Technologies LLC | 6,211,324 | -4,645,824 | 26,522,353.48 | 0.0393 | 0.487 | 12/31/2025 |
| 3 | Two Sigma Investments LP | 3,751,067 | -3,740,143 | 16,017,056.09 | 0.0235 | 0.2941 | 12/31/2025 |
| 4 | Capital Research & Management Co. (International Investors) | 27,415,434 | -3,630,809 | 117,063,903.18 | 0.0165 | 2.1496 | 12/31/2025 |
| 5 | Goldman Sachs International | 226,667 | -3,057,196 | 967,868.09 | 0.0088 | 0.0178 | 12/31/2025 |
| 6 | Optiver US LLC | 2,530,923 | -2,904,408 | 10,807,041.21 | 0.1868 | 0.1984 | 12/31/2025 |
| 7 | Two Sigma Advisers LP | 525,580 | -2,693,780 | 2,244,226.6 | 0.0043 | 0.0412 | 12/31/2025 |
| 8 | Kawa Capital Management, Inc. | 0 | -2,094,404 | 0 | 0 | 0 | |
| 9 | Kapitalo Investimentos Ltda. | 0 | -1,921,865 | 0 | 0 | 0 | |
| 10 | Engineers Gate Manager LP | 47,879 | -1,579,164 | 204,443.33 | 0.0023 | 0.0038 | 12/31/2025 |
Data provided by FactSet Research Systems Inc.