| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | GQG Partners LLC | 74,633,839 | -998,186 | 1,950,928,551.46 | 1.4496 | 2.0847 | 12/31/2025 |
| 2 | WCM Investment Management LLC | 53,308,528 | -859,080 | 1,393,484,921.92 | 1.7268 | 1.489 | 12/31/2025 |
| 3 | Morgan Stanley Investment Management, Inc. | 31,400,532 | -3,189,623 | 820,809,906.48 | 0.8769 | 0.8771 | 12/31/2025 |
| 4 | Temasek Holdings Pte Ltd. (Investment Management) | 29,195,789 | 2,964,312 | 763,177,924.46 | 1.753 | 0.8155 | 12/31/2025 |
| 5 | Robeco Institutional Asset Management BV | 19,838,697 | 865,776 | 518,583,539.58 | 0.4207 | 0.5541 | 03/31/2026 |
| 6 | Capital Research & Management Co. (International Investors) | 13,070,452 | -7,239,528 | 341,661,615.28 | 0.0473 | 0.3651 | 12/31/2025 |
| 7 | Invesco Asset Management Ltd. | 11,523,156 | 1,788,089 | 301,215,297.84 | 0.3017 | 0.3219 | 12/31/2025 |
| 8 | Dimensional Fund Advisors LP | 10,539,707 | 135,233 | 275,507,940.98 | 0.0371 | 0.2944 | 12/31/2025 |
| 9 | Morgan Stanley & Co. LLC | 10,105,088 | 6,190,648 | 264,147,000.32 | 0.0884 | 0.2823 | 12/31/2025 |
| 10 | Ninety One UK Ltd. | 9,651,781 | 145,719 | 252,297,555.34 | 0.4033 | 0.2696 | 03/31/2026 |
| 11 | Invesco Advisers, Inc. | 8,503,012 | -2,355,469 | 222,268,733.68 | 0.0902 | 0.2375 | 12/31/2025 |
| 12 | North of South Capital LLP | 8,439,972 | 5,201,739 | 220,620,868.08 | 4.0482 | 0.2357 | 03/31/2026 |
| 13 | SSgA Funds Management, Inc. | 8,345,467 | -109,126 | 218,150,507.38 | 0.0067 | 0.2331 | 12/31/2025 |
| 14 | Milestone Resources Group Ltd. | 7,890,422 | 0 | 206,255,631.08 | 10.3877 | 0.2204 | 12/31/2025 |
| 15 | JPMorgan Securities LLC (Investment Management) | 7,783,681 | -3,179,349 | 203,465,421.34 | 0.1296 | 0.2174 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Goldman Sachs GQG Partners International Opportunities Fund | 43,531,253 | 8,529,768 | 1,137,906,953.42 | 1.9677 | 1.2159 | 01/31/2026 |
| 2 | WCM Focused International Growth Fund | 12,704,100 | -606,316 | 332,085,174 | 1.5553 | 0.3549 | 12/31/2025 |
| 3 | AM One Global High Quality Growth Equity Mother Fund | 8,049,774 | 0 | 210,421,092.36 | 2.8752 | 0.2249 | 09/08/2025 |
| 4 | American Funds New Perspective Fund | 6,917,154 | -2,363,157 | 180,814,405.56 | 0.1138 | 0.1932 | 03/31/2026 |
| 5 | St. James's Place Global Growth Unit Trust | 5,641,683 | 0 | 147,473,593.62 | 0.6988 | 0.1576 | 07/31/2025 |
| 6 | Morgan Stanley Invt. Fds. - Asia Opportunity Fund | 5,424,436 | -1,486,003 | 141,794,757.04 | 5.2204 | 0.1515 | 12/31/2025 |
| 7 | Avantis Emerging Markets Equity ETF | 4,798,262 | 1,680,374 | 125,426,568.68 | 0.5291 | 0.134 | 04/30/2026 |
| 8 | Morgan Stanley Invt. Fds. - Global Opportunity Fund | 4,347,369 | -137,565 | 113,640,225.66 | 0.8653 | 0.1214 | 12/31/2025 |
| 9 | Ashoka WhiteOak ICAV - India Opportunities Fund | 4,339,763 | 0 | 113,441,404.82 | 6.1245 | 0.1212 | 06/30/2025 |
| 10 | State Street SPDR Portfolio Emerging Markets ETF | 4,304,990 | 419,111 | 112,532,438.6 | 0.6378 | 0.1202 | 04/30/2026 |
| 11 | DFA Emerging Markets Core Equity 2 Portfolio | 4,267,697 | 0 | 111,557,599.58 | 0.281 | 0.1192 | 12/31/2025 |
| 12 | Robeco Capital Gr. Fds. - Emerging Stars Equities | 3,940,432 | 1,165,607 | 103,002,892.48 | 2.1534 | 0.1101 | 03/31/2026 |
| 13 | Fidelity Funds SICAV - India Focus Fund | 3,843,793 | 3,843,793 | 100,476,749.02 | 4.6528 | 0.1074 | 03/31/2026 |
| 14 | Pacific Capital UCITS Funds Plc - North of South EM | 3,725,450 | 1,572,299 | 97,383,263 | 2.5692 | 0.1041 | 03/31/2026 |
| 15 | Daiwa Asset Daiwa Indian Equity Active Mother Fund | 3,596,500 | -1,151,700 | 94,012,510 | 6.3812 | 0.1005 | 12/16/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Morgan Stanley & Co. LLC | 10,105,088 | 6,190,648 | 264,147,000.32 | 0.0884 | 0.2823 | 12/31/2025 |
| 2 | D. E. Shaw & Co. LP | 5,920,209 | 5,892,309 | 154,754,263.26 | 0.1105 | 0.1654 | 12/31/2025 |
| 3 | North of South Capital LLP | 8,439,972 | 5,201,739 | 220,620,868.08 | 4.0482 | 0.2357 | 03/31/2026 |
| 4 | DWS Investments (UK) Ltd. | 3,061,269 | 3,061,269 | 80,021,571.66 | 0.0319 | 0.0855 | 12/31/2025 |
| 5 | Goldman Sachs Asset Management LP | 7,614,475 | 2,981,486 | 199,042,376.5 | 0.0381 | 0.2127 | 12/31/2025 |
| 6 | Temasek Holdings Pte Ltd. (Investment Management) | 29,195,789 | 2,964,312 | 763,177,924.46 | 1.753 | 0.8155 | 12/31/2025 |
| 7 | BlackRock Fund Advisors | 2,800,837 | 2,646,155 | 73,213,879.18 | 0.0015 | 0.0782 | 12/31/2025 |
| 8 | Two Sigma Investments LP | 4,032,212 | 2,598,602 | 105,402,021.68 | 0.1501 | 0.1126 | 12/31/2025 |
| 9 | LMR Partners LLP | 2,666,414 | 2,164,680 | 69,700,061.96 | 0.655 | 0.0745 | 12/31/2025 |
| 10 | Numeric Investors LLC | 6,523,917 | 2,131,248 | 170,535,190.38 | 0.3987 | 0.1822 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (International Investors) | 13,070,452 | -7,239,528 | 341,661,615.28 | 0.0473 | 0.3651 | 12/31/2025 |
| 2 | RBC Global Asset Management (UK) Ltd. | 569,591 | -6,665,261 | 14,889,108.74 | 0.0239 | 0.0159 | 12/31/2025 |
| 3 | Axiom Investors LLC | 1,840,970 | -3,237,115 | 48,122,955.8 | 0.2636 | 0.0514 | 12/31/2025 |
| 4 | AGF Investments, Inc. | 13,624 | -3,218,357 | 356,131.36 | 0.0015 | 0.0004 | 12/31/2025 |
| 5 | Morgan Stanley Investment Management, Inc. | 31,400,532 | -3,189,623 | 820,809,906.48 | 0.8769 | 0.8771 | 12/31/2025 |
| 6 | JPMorgan Securities LLC (Investment Management) | 7,783,681 | -3,179,349 | 203,465,421.34 | 0.1296 | 0.2174 | 12/31/2025 |
| 7 | HSBC Global Asset Management (Singapore) Ltd. | 0 | -2,910,644 | 0 | 0 | 0 | |
| 8 | Invesco Advisers, Inc. | 8,503,012 | -2,355,469 | 222,268,733.68 | 0.0902 | 0.2375 | 12/31/2025 |
| 9 | Carrhae Capital LLP | 1,992,766 | -2,009,787 | 52,090,903.24 | 3.4649 | 0.0557 | 12/31/2025 |
| 10 | Brock Milton Capital AB (Investment Management) | 0 | -2,001,441 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.