| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | BlackRock Fund Advisors | 1,344,779 | 190,629 | 311,934,936.84 | 0.007 | 3.0882 | 06/30/2025 |
| 2 | Lazard Asset Management LLC | 835,369 | 59,351 | 193,772,193.24 | 0.1573 | 1.9184 | 06/30/2025 |
| 3 | RREEF America LLC | 739,230 | 7,768 | 171,471,790.8 | 0.8999 | 1.6976 | 06/30/2025 |
| 4 | T. Rowe Price Hong Kong Ltd. | 726,877 | -20,465 | 168,606,388.92 | 0.7023 | 1.6692 | 06/30/2025 |
| 5 | Renaissance Technologies LLC | 485,900 | -10,300 | 112,709,364 | 0.1371 | 1.1158 | 06/30/2025 |
| 6 | T. Rowe Price International Ltd. | 477,521 | 434,437 | 110,765,771.16 | 0.066 | 1.0966 | 06/30/2025 |
| 7 | SSgA Funds Management, Inc. | 411,953 | -230 | 95,556,617.88 | 0.0032 | 0.946 | 06/30/2025 |
| 8 | Northcape Capital Pty Ltd. | 195,409 | 23,568 | 45,327,071.64 | 3.7533 | 0.4487 | 06/30/2025 |
| 9 | Nuveen Asset Management LLC | 178,465 | 17,057 | 41,396,741.4 | 0.0978 | 0.4098 | 06/30/2025 |
| 10 | American Century Investment Management, Inc. | 143,018 | 94,115 | 33,174,455.28 | 0.013 | 0.3284 | 06/30/2025 |
| 11 | Capital Research & Management Co. (Global Investors) | 133,722 | 614 | 31,018,155.12 | 0.0047 | 0.3071 | 06/30/2025 |
| 12 | Dimensional Fund Advisors LP | 122,968 | 1,236 | 28,523,657.28 | 0.0044 | 0.2824 | 06/30/2025 |
| 13 | BlackRock Investment Management (UK) Ltd. | 108,620 | -23,909 | 25,195,495.2 | 0.0033 | 0.2494 | 06/30/2025 |
| 14 | Russell Investment Management LLC | 107,669 | 7,406 | 24,974,901.24 | 0.0267 | 0.2473 | 06/30/2025 |
| 15 | Morgan Stanley & Co. International Plc | 97,915 | 64,108 | 22,712,363.4 | 0.2246 | 0.2249 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | iShares Tr. - Global Infrastructure ETF | 1,418,770 | 311,929 | 329,097,889.2 | 3.9555 | 3.2581 | 09/30/2025 |
| 2 | Lazard Emerging Markets Equity Portfolio | 298,352 | 73,270 | 69,205,729.92 | 1.2362 | 0.6851 | 08/31/2025 |
| 3 | T Rowe Price Emerging Markets Discovery Stock Fund | 265,593 | -10,700 | 61,606,952.28 | 1.0944 | 0.6099 | 06/30/2025 |
| 4 | DWS Invest - Global Infrastructure | 212,049 | 11,800 | 49,186,886.04 | 1.6891 | 0.487 | 08/29/2025 |
| 5 | T Rowe Price Emerging Markets Stock Fund | 174,374 | 50,277 | 40,447,793.04 | 0.6861 | 0.4004 | 06/30/2025 |
| 6 | American Funds New World Fund | 122,073 | 0 | 28,316,053.08 | 0.0403 | 0.2803 | 06/30/2025 |
| 7 | DWS RREEF Real Assets Fund | 122,026 | -6,000 | 28,305,150.96 | 0.8593 | 0.2802 | 08/31/2025 |
| 8 | SPDR S&P Global Infrastructure ETF | 105,550 | 14,629 | 24,483,378 | 3.9441 | 0.2424 | 09/30/2025 |
| 9 | NBI Global Real Assets Income ETF | 76,603 | 16,919 | 17,768,831.88 | 1.6204 | 0.1759 | 09/30/2025 |
| 10 | DWS RREEF Global Infrastructure Fund | 65,779 | -390 | 15,258,096.84 | 1.6901 | 0.1511 | 08/31/2025 |
| 11 | Lazard Investment Funds - Emerging Markets Fund | 64,943 | 0 | 15,064,178.28 | 1.0867 | 0.1491 | 11/29/2024 |
| 12 | American Century Emerging Markets Fund | 60,507 | 60,507 | 14,035,203.72 | 0.6855 | 0.139 | 06/30/2025 |
| 13 | Avantis Emerging Markets Equity ETF | 59,897 | 15,950 | 13,893,708.12 | 0.1016 | 0.1375 | 09/30/2025 |
| 14 | Dynamic Global Infrastructure Fund | 59,110 | 0 | 13,711,155.6 | 1.4111 | 0.1357 | 06/30/2025 |
| 15 | Vanguard Total International Stock Index Fund | 58,499 | 0 | 13,569,428.04 | 0.0024 | 0.1343 | 08/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | T. Rowe Price International Ltd. | 477,521 | 434,437 | 110,765,771.16 | 0.066 | 1.0966 | 06/30/2025 |
| 2 | BlackRock Fund Advisors | 1,344,779 | 190,629 | 311,934,936.84 | 0.007 | 3.0882 | 06/30/2025 |
| 3 | American Century Investment Management, Inc. | 143,018 | 94,115 | 33,174,455.28 | 0.013 | 0.3284 | 06/30/2025 |
| 4 | Morgan Stanley & Co. International Plc | 97,915 | 64,108 | 22,712,363.4 | 0.2246 | 0.2249 | 06/30/2025 |
| 5 | Lazard Asset Management LLC | 835,369 | 59,351 | 193,772,193.24 | 0.1573 | 1.9184 | 06/30/2025 |
| 6 | Principal Global Investors LLC | 57,872 | 57,872 | 13,423,989.12 | 0.0062 | 0.1329 | 06/30/2025 |
| 7 | BlackRock Financial Management, Inc. | 33,632 | 33,632 | 7,801,278.72 | 0.0044 | 0.0772 | 06/30/2025 |
| 8 | Qube Research & Technologies Ltd. | 37,348 | 26,099 | 8,663,242.08 | 0.0116 | 0.0858 | 06/30/2025 |
| 9 | FundLogic SASU | 24,317 | 24,317 | 5,640,571.32 | 0.819 | 0.0558 | 06/30/2025 |
| 10 | Northcape Capital Pty Ltd. | 195,409 | 23,568 | 45,327,071.64 | 3.7533 | 0.4487 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | T. Rowe Price Singapore Pte Ltd. | 0 | -311,507 | 0 | 0 | 0 | |
| 2 | Janney Montgomery Scott LLC (Investment Management) | 1,183 | -86,461 | 274,408.68 | 0.0007 | 0.0027 | 06/30/2025 |
| 3 | National Bank Trust, Inc. | 0 | -62,800 | 0 | 0 | 0 | |
| 4 | UBS Asset Management (Americas) LLC | 0 | -55,383 | 0 | 0 | 0 | |
| 5 | Capitolis Liquid Global Markets LLC | 0 | -38,500 | 0 | 0 | 0 | |
| 6 | BlackRock Advisors LLC | 67,151 | -33,328 | 15,576,345.96 | 0.0068 | 0.1542 | 06/30/2025 |
| 7 | UBS Asset Management Switzerland AG | 0 | -31,600 | 0 | 0 | 0 | |
| 8 | BlackRock Investment Management (UK) Ltd. | 108,620 | -23,909 | 25,195,495.2 | 0.0033 | 0.2494 | 06/30/2025 |
| 9 | T. Rowe Price Hong Kong Ltd. | 726,877 | -20,465 | 168,606,388.92 | 0.7023 | 1.6692 | 06/30/2025 |
| 10 | JPMorgan Investment Management, Inc. | 18,630 | -18,758 | 4,321,414.8 | 0.0004 | 0.0428 | 06/30/2025 |
Data provided by FactSet Research Systems Inc.