| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | HHLR Advisors Ltd. | 5,980,568 | 0 | 25,058,579.92 | 0.1962 | 7.3941 | 06/30/2025 |
| 2 | Ariose Capital Management Ltd. | 1,704,393 | 1,704,393 | 7,141,406.67 | 2.2878 | 2.1072 | 09/30/2025 |
| 3 | Candriam Belgium SA | 1,132,563 | 1,132,563 | 4,745,438.97 | 0.0128 | 1.4003 | 09/30/2025 |
| 4 | SG Americas Securities LLC | 463,894 | -358,147 | 1,943,715.86 | 0.0071 | 0.5735 | 09/30/2025 |
| 5 | Abaris Investment Management AG | 224,000 | -58,000 | 938,560 | 2.1564 | 0.2769 | 12/31/2024 |
| 6 | Two Sigma Advisers LP | 209,383 | -153,817 | 877,314.77 | 0.0017 | 0.2589 | 06/30/2025 |
| 7 | UBS Securities LLC | 184,845 | -133,701 | 774,500.55 | 0.0003 | 0.2285 | 06/30/2025 |
| 8 | abrdn, Inc. | 136,471 | -26,109 | 571,813.49 | 0.0056 | 0.1687 | 06/30/2025 |
| 9 | BNP Paribas Financial Markets | 122,405 | 1,496 | 512,876.95 | 0.0004 | 0.1513 | 06/30/2025 |
| 10 | Two Sigma Investments LP | 113,262 | -97,104 | 474,567.78 | 0.0008 | 0.14 | 06/30/2025 |
| 11 | ALPS Advisors, Inc. | 111,490 | 111,490 | 467,143.1 | 0.0024 | 0.1378 | 09/30/2025 |
| 12 | Alberta Investment Management Corp. | 74,723 | 0 | 313,089.37 | 0.0032 | 0.0924 | 06/30/2025 |
| 13 | Renaissance Technologies LLC | 63,700 | -100 | 266,903 | 0.0003 | 0.0788 | 06/30/2025 |
| 14 | Morgan Stanley & Co. LLC | 58,295 | 23,478 | 244,256.05 | 0.0001 | 0.0721 | 06/30/2025 |
| 15 | Geode Capital Management LLC | 54,562 | 32,525 | 228,614.78 | 0 | 0.0675 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | SPDR Portfolio Emerging Markets ETF | 272,672 | 272,672 | 1,142,495.68 | 0.0077 | 0.3371 | 10/31/2025 |
| 2 | Abaris Emerging Markets Equity | 124,000 | 0 | 519,560 | 4.3176 | 0.1533 | 04/30/2024 |
| 3 | ALPS Barrons 400 ETF | 111,490 | 111,490 | 467,143.1 | 0.2621 | 0.1378 | 10/31/2025 |
| 4 | Abaris Biotechnology Opportunities | 100,000 | 0 | 419,000 | 1.8017 | 0.1236 | 12/31/2024 |
| 5 | Fidelity Nasdaq Composite Index Fund | 54,562 | 32,525 | 228,614.78 | 0.001 | 0.0675 | 09/30/2025 |
| 6 | SPDR S&P Emerging Markets Small Cap ETF | 52,900 | 52,900 | 221,651 | 0.0301 | 0.0654 | 10/31/2025 |
| 7 | abrdn Healthcare Opportunities Fund | 43,738 | 0 | 183,262.22 | 0.0222 | 0.0541 | 09/30/2025 |
| 8 | DFA Emerging Markets Social Core Equity Portfolio | 18,909 | 0 | 79,228.71 | 0.0041 | 0.0234 | 08/31/2025 |
| 9 | DFA Emerging Markets Core Equity 2 Portfolio | 16,217 | 16,217 | 67,949.23 | 0.0002 | 0.02 | 08/31/2025 |
| 10 | Dimensional Funds II Plc - Emerging Markets Targeted Value Fd. | 14,503 | -518 | 60,767.57 | 0.009 | 0.0179 | 05/31/2025 |
| 11 | SPDR S&P China ETF | 13,500 | 13,500 | 56,565 | 0.0114 | 0.0167 | 10/31/2025 |
| 12 | DFA Emerging Markets Sustainability Core 1 Portfolio | 9,306 | 0 | 38,992.14 | 0.0031 | 0.0115 | 08/31/2025 |
| 13 | ActivePassive International Equity ETF | 8,172 | 8,172 | 34,240.68 | 0.0036 | 0.0101 | 10/31/2025 |
| 14 | Dimensional Emerging Markets Sustainability Trust | 6,531 | 6,531 | 27,364.89 | 0.0067 | 0.0081 | 09/30/2025 |
| 15 | Blackstone Alternative Multi Strategy Fund | 6,500 | -1,000 | 27,235 | 0.0013 | 0.008 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Ariose Capital Management Ltd. | 1,704,393 | 1,704,393 | 7,141,406.67 | 2.2878 | 2.1072 | 09/30/2025 |
| 2 | Candriam Belgium SA | 1,132,563 | 1,132,563 | 4,745,438.97 | 0.0128 | 1.4003 | 09/30/2025 |
| 3 | ALPS Advisors, Inc. | 111,490 | 111,490 | 467,143.1 | 0.0024 | 0.1378 | 09/30/2025 |
| 4 | Susquehanna Financial Group LLLP | 37,537 | 37,537 | 157,280.03 | 0.0002 | 0.0464 | 06/30/2025 |
| 5 | CreativeOne Wealth LLC | 37,430 | 37,430 | 156,831.7 | 0.0039 | 0.0463 | 06/30/2025 |
| 6 | Geode Capital Management LLC | 54,562 | 32,525 | 228,614.78 | 0 | 0.0675 | 06/30/2025 |
| 7 | Connor, Clark & Lunn Investment Management Ltd. | 27,800 | 27,800 | 116,482 | 0.0003 | 0.0344 | 06/30/2025 |
| 8 | Morgan Stanley & Co. LLC | 58,295 | 23,478 | 244,256.05 | 0.0001 | 0.0721 | 06/30/2025 |
| 9 | Two Sigma Securities LLC | 12,821 | 12,821 | 53,719.99 | 0.0063 | 0.0159 | 06/30/2025 |
| 10 | HRT Financial LP (US) | 25,110 | 9,119 | 105,210.9 | 0.0005 | 0.031 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Stonepine Capital Management LLC | 0 | -483,647 | 0 | 0 | 0 | |
| 2 | SG Americas Securities LLC | 463,894 | -358,147 | 1,943,715.86 | 0.0071 | 0.5735 | 09/30/2025 |
| 3 | Two Sigma Advisers LP | 209,383 | -153,817 | 877,314.77 | 0.0017 | 0.2589 | 06/30/2025 |
| 4 | UBS Securities LLC | 184,845 | -133,701 | 774,500.55 | 0.0003 | 0.2285 | 06/30/2025 |
| 5 | Two Sigma Investments LP | 113,262 | -97,104 | 474,567.78 | 0.0008 | 0.14 | 06/30/2025 |
| 6 | Ground Swell Capital LLC | 0 | -63,730 | 0 | 0 | 0 | |
| 7 | Millennium Management LLC | 0 | -61,478 | 0 | 0 | 0 | |
| 8 | Abaris Investment Management AG | 224,000 | -58,000 | 938,560 | 2.1564 | 0.2769 | 12/31/2024 |
| 9 | HBK Sorce Advisory LLC | 0 | -46,060 | 0 | 0 | 0 | |
| 10 | abrdn, Inc. | 136,471 | -26,109 | 571,813.49 | 0.0056 | 0.1687 | 06/30/2025 |
Data provided by FactSet Research Systems Inc.