| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Helikon Investments Ltd. | 2,367,181 | 1,127,279 | 28,335,156.57 | 0.5507 | 2.7756 | 06/30/2025 |
| 2 | VR Advisory Services (USA) LLC | 2,251,611 | 0 | 26,951,783.67 | 7.4158 | 2.6401 | 06/30/2025 |
| 3 | Macquarie Investment Management Business Trust | 2,163,104 | 293,553 | 25,892,354.88 | 0.0268 | 2.5363 | 06/30/2025 |
| 4 | 683 Capital Management LLC | 905,000 | 505,000 | 10,832,850 | 0.8968 | 1.0611 | 06/30/2025 |
| 5 | Global X Management Co. LLC | 855,637 | 62,927 | 10,241,974.89 | 0.0147 | 1.0033 | 06/30/2025 |
| 6 | Fourth Sail Capital LP | 454,301 | 454,301 | 5,437,982.97 | 0.6974 | 0.5327 | 06/30/2025 |
| 7 | Millennium Management LLC | 354,260 | 354,260 | 4,240,492.2 | 0.0035 | 0.4154 | 06/30/2025 |
| 8 | JPMorgan Securities LLC (Investment Management) | 339,549 | 243,500 | 4,064,401.53 | 0.0021 | 0.3981 | 06/30/2025 |
| 9 | BNP Paribas Financial Markets | 166,710 | 159,210 | 1,995,518.7 | 0.0014 | 0.1955 | 06/30/2025 |
| 10 | Modern Capital Management Co. | 165,563 | 22,120 | 1,981,789.11 | 2.5725 | 0.1941 | 06/30/2025 |
| 11 | Bosun Asset Management LLC | 163,598 | -16,616 | 1,958,268.06 | 0.629 | 0.1918 | 06/30/2025 |
| 12 | Polen Capital Management LLC | 163,598 | 163,598 | 1,958,268.06 | 0.0058 | 0.1918 | 06/30/2025 |
| 13 | Renta 4 Gestora SGIIC SA | 152,370 | 152,370 | 1,823,868.9 | 0.132 | 0.1787 | 06/30/2025 |
| 14 | Capital Wealth Planning LLC | 111,735 | 111,735 | 1,337,467.95 | 0.0099 | 0.131 | 06/30/2025 |
| 15 | Systrade AG | 110,000 | 6,399 | 1,316,700 | 1.0955 | 0.129 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Macquarie Emerging Markets Fund | 1,718,793 | 242,695 | 20,573,952.21 | 0.2845 | 2.0153 | 07/31/2025 |
| 2 | Global X MSCI Argentina ETF | 758,859 | -165,935 | 9,083,542.23 | 1.1863 | 0.8898 | 08/29/2025 |
| 3 | Macquarie VIP Emerging Markets Series | 228,391 | 13,085 | 2,733,840.27 | 0.3584 | 0.2678 | 07/31/2025 |
| 4 | Modern Capital Tactical Income Fund | 165,563 | 22,120 | 1,981,789.11 | 2.3864 | 0.1941 | 06/30/2025 |
| 5 | Avantage Fund, FI | 152,370 | 152,370 | 1,823,868.9 | 1.4913 | 0.1787 | 06/30/2025 |
| 6 | State Board of Administration of Florida Retirement System | 114,887 | 3,175 | 1,375,197.39 | 0.0012 | 0.1347 | 06/30/2025 |
| 7 | ART Global Macro | 90,000 | 38,199 | 1,077,300 | 0.775 | 0.1055 | 04/30/2025 |
| 8 | Eaton Vance Emerging & Frontier Countries Equity Fund | 40,227 | 800 | 481,517.19 | 0.0222 | 0.0472 | 07/31/2025 |
| 9 | Eaton Vance Global Macro Capital Opportunities Portfolio | 40,227 | 40,227 | 481,517.19 | 0.0275 | 0.0472 | 04/30/2025 |
| 10 | ActivePassive International Equity ETF | 22,640 | 11,079 | 271,000.8 | 0.0297 | 0.0265 | 08/29/2025 |
| 11 | Even Herd Long Short ETF | 18,961 | -17,888 | 226,963.17 | 0.3961 | 0.0222 | 08/29/2025 |
| 12 | Macquarie Emerging Markets Trust | 18,836 | -1 | 225,466.92 | 0.2533 | 0.0221 | 07/31/2025 |
| 13 | Avantage Pure Equity FI | 17,925 | 17,925 | 214,562.25 | 1.9845 | 0.021 | 06/30/2025 |
| 14 | Eaton Vance Ser. Tr. II - Parametric Tax Managed EM Fund | 16,761 | 0 | 200,629.17 | 0.0355 | 0.0197 | 07/31/2025 |
| 15 | OTG Latin America ETF | 6,680 | 6,680 | 79,959.6 | 0.4116 | 0.0078 | 08/29/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Helikon Investments Ltd. | 2,367,181 | 1,127,279 | 28,335,156.57 | 0.5507 | 2.7756 | 06/30/2025 |
| 2 | 683 Capital Management LLC | 905,000 | 505,000 | 10,832,850 | 0.8968 | 1.0611 | 06/30/2025 |
| 3 | Fourth Sail Capital LP | 454,301 | 454,301 | 5,437,982.97 | 0.6974 | 0.5327 | 06/30/2025 |
| 4 | Millennium Management LLC | 354,260 | 354,260 | 4,240,492.2 | 0.0035 | 0.4154 | 06/30/2025 |
| 5 | Macquarie Investment Management Business Trust | 2,163,104 | 293,553 | 25,892,354.88 | 0.0268 | 2.5363 | 06/30/2025 |
| 6 | JPMorgan Securities LLC (Investment Management) | 339,549 | 243,500 | 4,064,401.53 | 0.0021 | 0.3981 | 06/30/2025 |
| 7 | Polen Capital Management LLC | 163,598 | 163,598 | 1,958,268.06 | 0.0058 | 0.1918 | 06/30/2025 |
| 8 | BNP Paribas Financial Markets | 166,710 | 159,210 | 1,995,518.7 | 0.0014 | 0.1955 | 06/30/2025 |
| 9 | Renta 4 Gestora SGIIC SA | 152,370 | 152,370 | 1,823,868.9 | 0.132 | 0.1787 | 06/30/2025 |
| 10 | Capital Wealth Planning LLC | 111,735 | 111,735 | 1,337,467.95 | 0.0099 | 0.131 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Brevan Howard Asset Management LLP | 0 | -515,917 | 0 | 0 | 0 | |
| 2 | Citigroup Global Markets, Inc. (Investment Management) | 0 | -221,917 | 0 | 0 | 0 | |
| 3 | Capricorn Fund Managers Ltd. | 0 | -199,241 | 0 | 0 | 0 | |
| 4 | Goldman Sachs Asset Management LP | 14,536 | -120,291 | 173,995.92 | 0 | 0.017 | 06/30/2025 |
| 5 | Mirabella Financial Services LLP | 0 | -88,504 | 0 | 0 | 0 | |
| 6 | Arrowstreet Capital LP | 22,580 | -68,103 | 270,282.6 | 0.0002 | 0.0265 | 06/30/2025 |
| 7 | UBS Securities LLC | 75,468 | -60,591 | 903,351.96 | 0.0004 | 0.0885 | 06/30/2025 |
| 8 | UBS Switzerland AG (Investment Management) | 377 | -55,897 | 4,512.69 | 0 | 0.0004 | 06/30/2025 |
| 9 | Citadel Advisors LLC | 0 | -47,592 | 0 | 0 | 0 | |
| 10 | Stokes Family Office LLC | 0 | -46,416 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.