| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | GQG Partners LLC | 3,127,768 | 3,127,768 | 89,735,663.92 | 0.0685 | 2.3605 | 06/30/2025 |
| 2 | Global X Management Co. LLC | 1,937,465 | 664,533 | 55,585,870.85 | 0.0773 | 1.4622 | 06/30/2025 |
| 3 | PointState Capital LP | 1,598,899 | 94,742 | 45,872,412.31 | 0.8088 | 1.2067 | 06/30/2025 |
| 4 | Axiom Investors LLC | 1,442,719 | -23,235 | 41,391,608.11 | 0.2499 | 1.0888 | 06/30/2025 |
| 5 | T. Rowe Price Associates, Inc. (IM) | 1,100,319 | 531,904 | 31,568,152.11 | 0.0036 | 0.8304 | 06/30/2025 |
| 6 | Capital Research & Management Co. (World Investors) | 1,099,332 | 412,355 | 31,539,835.08 | 0.0032 | 0.8297 | 06/30/2025 |
| 7 | Driehaus Capital Management LLC | 1,095,098 | 467,041 | 31,418,361.62 | 0.1672 | 0.8265 | 06/30/2025 |
| 8 | INCA Investments LLC | 1,069,878 | -28,612 | 30,694,799.82 | 13.4614 | 0.8074 | 06/30/2025 |
| 9 | Arrowstreet Capital LP | 1,066,605 | -70,046 | 30,600,897.45 | 0.0195 | 0.805 | 06/30/2025 |
| 10 | William Blair Investment Management LLC | 1,028,488 | -47,776 | 29,507,320.72 | 0.0621 | 0.7762 | 06/30/2025 |
| 11 | Jane Street Capital LLC | 989,585 | 970,790 | 28,391,193.65 | 0.0388 | 0.7468 | 06/30/2025 |
| 12 | Itau USA Asset Management, Inc. | 893,965 | 424,693 | 25,647,855.85 | 0.5446 | 0.6747 | 06/30/2025 |
| 13 | T. Rowe Price Hong Kong Ltd. | 793,512 | -112,335 | 22,765,859.28 | 0.0944 | 0.5989 | 06/30/2025 |
| 14 | CI Investments, Inc. | 760,319 | 585,889 | 21,813,552.11 | 0.047 | 0.5738 | 06/30/2025 |
| 15 | Jennison Associates LLC | 683,645 | -401,684 | 19,613,775.05 | 0.0103 | 0.5159 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | GQG Partners Emerging Markets Equity Fund | 2,040,261 | 2,040,261 | 58,535,088.09 | 0.2518 | 1.5398 | 06/30/2025 |
| 2 | Global X MSCI Argentina ETF | 1,658,612 | 385,680 | 47,585,578.28 | 7.7643 | 1.2518 | 09/30/2025 |
| 3 | American Funds New World Fund | 1,013,234 | 377,358 | 29,069,683.46 | 0.0412 | 0.7647 | 06/30/2025 |
| 4 | DWS Invest - Latin American Equities | 669,744 | 517,044 | 19,214,955.36 | 1.0033 | 0.5055 | 08/29/2025 |
| 5 | Driehaus Mutual Funds - Emerging Markets Growth Fund | 653,964 | 384,734 | 18,762,227.16 | 0.4584 | 0.4935 | 07/31/2025 |
| 6 | Eaton Vance Emerging & Frontier Countries Equity Fund | 434,023 | 283,586 | 12,452,119.87 | 0.5651 | 0.3276 | 07/31/2025 |
| 7 | Eaton Vance Global Macro Capital Opportunities Portfolio | 434,023 | 434,023 | 12,452,119.87 | 0.565 | 0.3276 | 07/31/2025 |
| 8 | TT International Funds Plc - Emerging Markets Unconstrained | 416,885 | -119,353 | 11,960,430.65 | 1.3681 | 0.3146 | 05/31/2025 |
| 9 | State Board of Administration of Florida Retirement System | 392,774 | -296,465 | 11,268,686.06 | 0.0099 | 0.2964 | 06/30/2025 |
| 10 | Larrainvial AM SICAV - Latin American Equity Fund | 302,680 | 0 | 8,683,889.2 | 0.6905 | 0.2284 | 12/31/2024 |
| 11 | T Rowe Price Emerging Markets Discovery Stock Fund | 285,211 | -44,900 | 8,182,703.59 | 0.1448 | 0.2152 | 06/30/2025 |
| 12 | GQG Global UCITS ICAV - Partners Emerging Markets Equity Fund | 220,387 | 220,387 | 6,322,903.03 | 0.2548 | 0.1663 | 06/30/2025 |
| 13 | Redwheel Emerging Markets Equity Fund Ltd. | 218,137 | 0 | 6,258,350.53 | 0.1749 | 0.1646 | 06/28/2024 |
| 14 | Redwheel Next Generation Emerging Markets Equity Fund | 205,343 | 205,343 | 5,891,290.67 | 0.3593 | 0.155 | 08/29/2025 |
| 15 | Axiom Investors Trust - Emerging Markets | 191,120 | -34,291 | 5,483,232.8 | 0.3126 | 0.1442 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | GQG Partners LLC | 3,127,768 | 3,127,768 | 89,735,663.92 | 0.0685 | 2.3605 | 06/30/2025 |
| 2 | Jane Street Capital LLC | 989,585 | 970,790 | 28,391,193.65 | 0.0388 | 0.7468 | 06/30/2025 |
| 3 | Global X Management Co. LLC | 1,937,465 | 664,533 | 55,585,870.85 | 0.0773 | 1.4622 | 06/30/2025 |
| 4 | Wellington Management Co. LLP | 637,501 | 637,501 | 18,289,903.69 | 0.003 | 0.4811 | 06/30/2025 |
| 5 | CI Investments, Inc. | 760,319 | 585,889 | 21,813,552.11 | 0.047 | 0.5738 | 06/30/2025 |
| 6 | T. Rowe Price Associates, Inc. (IM) | 1,100,319 | 531,904 | 31,568,152.11 | 0.0036 | 0.8304 | 06/30/2025 |
| 7 | Driehaus Capital Management LLC | 1,095,098 | 467,041 | 31,418,361.62 | 0.1672 | 0.8265 | 06/30/2025 |
| 8 | Samlyn Capital LLC | 437,515 | 437,515 | 12,552,305.35 | 0.1788 | 0.3302 | 06/30/2025 |
| 9 | Itau USA Asset Management, Inc. | 893,965 | 424,693 | 25,647,855.85 | 0.5446 | 0.6747 | 06/30/2025 |
| 10 | Capital Research & Management Co. (World Investors) | 1,099,332 | 412,355 | 31,539,835.08 | 0.0032 | 0.8297 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | HSBC Bank Plc (Broker) | 103,715 | -11,746,120 | 2,975,583.35 | 0.0068 | 0.0783 | 06/30/2025 |
| 2 | Discovery Capital Management LLC | 500,000 | -507,805 | 14,345,000 | 0.7362 | 0.3773 | 06/30/2025 |
| 3 | Fourth Sail Capital LP | 0 | -414,167 | 0 | 0 | 0 | |
| 4 | Jennison Associates LLC | 683,645 | -401,684 | 19,613,775.05 | 0.0103 | 0.5159 | 06/30/2025 |
| 5 | Duquesne Family Office LLC | 231,481 | -150,000 | 6,641,189.89 | 0.1503 | 0.1747 | 06/30/2025 |
| 6 | Ratan Capital Management LP | 55,000 | -139,992 | 1,577,950 | 0.6564 | 0.0415 | 06/30/2025 |
| 7 | Two Sigma Investments LP | 23,805 | -128,794 | 682,965.45 | 0.0011 | 0.018 | 06/30/2025 |
| 8 | Leap Investments LP | 0 | -126,620 | 0 | 0 | 0 | |
| 9 | Victory Capital Management, Inc. (Investment Management) | 11,877 | -120,464 | 340,751.13 | 0.0002 | 0.009 | 06/30/2025 |
| 10 | T. Rowe Price Hong Kong Ltd. | 793,512 | -112,335 | 22,765,859.28 | 0.0944 | 0.5989 | 06/30/2025 |
Data provided by FactSet Research Systems Inc.