| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | J.O. Hambro Capital Management Ltd. | 11,630,447 | 0 | 81,296,824.53 | 0.4714 | 9.6528 | 03/31/2025 |
| 2 | Renaissance Technologies LLC | 8,173,090 | -17,200 | 57,129,899.1 | 0.0737 | 6.7834 | 09/30/2025 |
| 3 | Goldman Sachs & Co. LLC (Private Banking) | 6,899,399 | -941,912 | 48,226,799.01 | 0.0204 | 5.7262 | 09/30/2025 |
| 4 | Acadian Asset Management LLC | 6,326,491 | -303,181 | 44,222,172.09 | 0.0634 | 5.2508 | 09/30/2025 |
| 5 | Athos Capital Ltd. | 6,136,645 | 6,136,645 | 42,895,148.55 | 11.193 | 5.0932 | 12/19/2025 |
| 6 | The Vanguard Group, Inc. | 3,709,000 | -50,989 | 25,925,910 | 0.0003 | 3.0783 | 09/30/2025 |
| 7 | Rothschild & Co. Asset Management SCS | 3,292,798 | -414,251 | 23,016,658.02 | 0.1732 | 2.7329 | 09/30/2025 |
| 8 | Arrowstreet Capital LP | 3,103,183 | -36,959 | 21,691,249.17 | 0.0124 | 2.5755 | 09/30/2025 |
| 9 | LSV Asset Management | 2,939,819 | 173,424 | 20,549,334.81 | 0.0328 | 2.4399 | 09/30/2025 |
| 10 | Causeway Capital Management LLC | 2,794,347 | 448,123 | 19,532,485.53 | 0.0379 | 2.3192 | 09/30/2025 |
| 11 | BlackRock Fund Advisors | 2,432,118 | -354,696 | 17,000,504.82 | 0.0004 | 2.0186 | 09/30/2025 |
| 12 | Dimensional Fund Advisors LP | 2,316,193 | -90,709 | 16,190,189.07 | 0.0023 | 1.9224 | 09/30/2025 |
| 13 | SSgA Funds Management, Inc. | 2,052,234 | -394,410 | 14,345,115.66 | 0.0005 | 1.7033 | 09/30/2025 |
| 14 | Norges Bank Investment Management | 1,774,396 | 0 | 12,403,028.04 | 0.0008 | 1.4727 | 06/30/2025 |
| 15 | FIL Investment Advisors (UK) Ltd. | 1,618,439 | 0 | 11,312,888.61 | 0.0416 | 1.3432 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | R-co Valor Fund | 2,917,865 | -362,529 | 20,395,876.35 | 0.2295 | 2.4217 | 09/30/2025 |
| 2 | Vanguard Total International Stock Index Fund | 1,658,658 | 0 | 11,594,019.42 | 0.0019 | 1.3766 | 12/31/2025 |
| 3 | Fidelity China Special Situations Plc | 1,618,439 | 0 | 11,312,888.61 | 0.4924 | 1.3432 | 09/30/2025 |
| 4 | Vanguard Emerging Markets Stock Index Fund | 1,529,170 | -83,217 | 10,688,898.3 | 0.0069 | 1.2692 | 12/31/2025 |
| 5 | iShares Core MSCI Emerging Markets ETF | 1,387,529 | 29,827 | 9,698,827.71 | 0.0076 | 1.1516 | 12/31/2025 |
| 6 | DFA Emerging Markets Core Equity 2 Portfolio | 1,022,267 | -158,788 | 7,145,646.33 | 0.0196 | 0.8484 | 10/31/2025 |
| 7 | Schwab Fundamental Emerging Markets Equity ETF | 1,019,459 | 537,684 | 7,126,018.41 | 0.0829 | 0.8461 | 12/31/2025 |
| 8 | Avantis Emerging Markets Equity ETF | 915,596 | 158,610 | 6,400,016.04 | 0.0373 | 0.7599 | 12/31/2025 |
| 9 | Vanguard Institutional Total Intl. Stock Market Index Tr. II | 861,831 | 0 | 6,024,198.69 | 0.0019 | 0.7153 | 11/30/2025 |
| 10 | Fullgoal Intl. Fds. SICAV - China Small-Mid Cap Growth Fund | 780,574 | 0 | 5,456,212.26 | 1.1314 | 0.6478 | 06/30/2025 |
| 11 | State Street SPDR S&P Kensho New Economies Composite ETF | 755,797 | -156,163 | 5,283,021.03 | 0.1993 | 0.6273 | 12/31/2025 |
| 12 | Jupiter Asset Mgmt. Series Plc - Global Eq. Abs. Ret. Fd. | 612,300 | 470,100 | 4,279,977 | 0.0959 | 0.5082 | 08/29/2025 |
| 13 | DFA Dimensional Emerging Markets Value Fund | 594,528 | -5,228 | 4,155,750.72 | 0.0291 | 0.4934 | 10/31/2025 |
| 14 | Causeway Emerging Markets Fund | 557,948 | 21,130 | 3,900,056.52 | 0.13 | 0.4631 | 09/30/2025 |
| 15 | iShares plc - Core MSCI Emerging Markets IMI UCITS ETF | 498,965 | 39,202 | 3,487,765.35 | 0.0098 | 0.4141 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Athos Capital Ltd. | 6,136,645 | 6,136,645 | 42,895,148.55 | 11.193 | 5.0932 | 12/19/2025 |
| 2 | Assenagon Asset Management SA (Germany) | 1,194,428 | 1,003,407 | 8,349,051.72 | 0.0113 | 0.9913 | 12/31/2025 |
| 3 | D. E. Shaw & Co. LP | 1,428,476 | 625,250 | 9,985,047.24 | 0.0076 | 1.1856 | 09/30/2025 |
| 4 | Thrivent Asset Management LLC | 453,634 | 453,634 | 3,170,901.66 | 0.0056 | 0.3765 | 09/30/2025 |
| 5 | Causeway Capital Management LLC | 2,794,347 | 448,123 | 19,532,485.53 | 0.0379 | 2.3192 | 09/30/2025 |
| 6 | Qube Research & Technologies Ltd. | 502,197 | 415,983 | 3,510,357.03 | 0.0048 | 0.4168 | 09/30/2025 |
| 7 | Point72 Asset Management LP | 555,085 | 403,190 | 3,880,044.15 | 0.0068 | 0.4607 | 09/30/2025 |
| 8 | BNP Paribas Financial Markets | 626,565 | 380,254 | 4,379,689.35 | 0.0032 | 0.52 | 09/30/2025 |
| 9 | JPMorgan Investment Management, Inc. | 371,795 | 364,816 | 2,598,847.05 | 0.0001 | 0.3086 | 09/30/2025 |
| 10 | Y-Intercept (Hong Kong) Ltd. | 278,838 | 278,838 | 1,949,077.62 | 0.0446 | 0.2314 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Invesco Asset Management Ltd. | 0 | -5,621,400 | 0 | 0 | 0 | |
| 2 | Goldman Sachs & Co. LLC (Private Banking) | 6,899,399 | -941,912 | 48,226,799.01 | 0.0204 | 5.7262 | 09/30/2025 |
| 3 | Invesco Advisers, Inc. | 689,400 | -894,600 | 4,818,906 | 0.002 | 0.5722 | 09/30/2025 |
| 4 | Morgan Stanley & Co. LLC | 1,335,724 | -876,253 | 9,336,710.76 | 0.0031 | 1.1086 | 09/30/2025 |
| 5 | Walleye Capital LLC | 234,063 | -685,926 | 1,636,100.37 | 0.0083 | 0.1943 | 09/30/2025 |
| 6 | Healthcare of Ontario Pension Plan | 0 | -549,400 | 0 | 0 | 0 | |
| 7 | Canada Pension Plan Investment Board | 0 | -464,875 | 0 | 0 | 0 | |
| 8 | Rothschild & Co. Asset Management SCS | 3,292,798 | -414,251 | 23,016,658.02 | 0.1732 | 2.7329 | 09/30/2025 |
| 9 | SSgA Funds Management, Inc. | 2,052,234 | -394,410 | 14,345,115.66 | 0.0005 | 1.7033 | 09/30/2025 |
| 10 | Cubist Systematic Strategies LLC | 149,740 | -361,476 | 1,046,682.6 | 0.0137 | 0.1243 | 09/30/2025 |
Data provided by FactSet Research Systems Inc.