| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | T. Rowe Price Associates, Inc. (IM) | 62,080,228 | 62,080,228 | 126,643,665.12 | 0.0146 | 11.7461 | 10/31/2025 |
| 2 | T. Rowe Price Hong Kong Ltd. | 41,164,012 | 41,164,012 | 83,974,584.48 | 0.3183 | 7.7886 | 09/30/2025 |
| 3 | Krane Funds Advisors LLC | 27,539,381 | 634,290 | 56,180,337.24 | 0.5104 | 5.2107 | 09/30/2025 |
| 4 | The Vanguard Group, Inc. | 15,073,135 | 613,514 | 30,749,195.4 | 0.0004 | 2.852 | 09/30/2025 |
| 5 | Morgan Stanley & Co. LLC | 14,669,913 | 11,210,714 | 29,926,622.52 | 0.0102 | 2.7757 | 09/30/2025 |
| 6 | D. E. Shaw & Co. LP | 14,653,879 | 2,801,851 | 29,893,913.16 | 0.0239 | 2.7726 | 09/30/2025 |
| 7 | Triata Capital Ltd. | 11,802,100 | 11,802,100 | 24,076,284 | 3.1838 | 2.2331 | 09/30/2025 |
| 8 | Norges Bank Investment Management | 10,478,846 | 8,531,385 | 21,376,845.84 | 0.0014 | 1.9827 | 06/30/2025 |
| 9 | Robeco Institutional Asset Management BV | 9,886,273 | -13,731,625 | 20,167,996.92 | 0.0182 | 1.8706 | 09/30/2025 |
| 10 | Dimensional Fund Advisors LP | 9,166,858 | -413,882 | 18,700,390.32 | 0.0029 | 1.7345 | 09/30/2025 |
| 11 | BlackRock Fund Advisors | 8,230,170 | 353,793 | 16,789,546.8 | 0.0004 | 1.5572 | 09/30/2025 |
| 12 | Two Sigma Advisers LP | 7,166,700 | 3,148,500 | 14,620,068 | 0.0287 | 1.356 | 09/30/2025 |
| 13 | UBS Securities LLC | 6,365,996 | 495,990 | 12,986,631.84 | 0.0053 | 1.2045 | 09/30/2025 |
| 14 | SSgA Funds Management, Inc. | 6,234,634 | 1,124,815 | 12,718,653.36 | 0.0004 | 1.1796 | 09/30/2025 |
| 15 | Charles Schwab Investment Management, Inc. | 5,913,460 | 4,029,076 | 12,063,458.4 | 0.0014 | 1.1189 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Government Pension Fund - Global (The) | 16,736,246 | 13,250,381 | 34,141,941.84 | 0.0022 | 3.1666 | 06/30/2025 |
| 2 | T. Rowe Price Emerging Markets Discovery Stock Fund | 14,801,391 | 14,801,391 | 30,194,837.64 | 0.5242 | 2.8006 | 09/30/2025 |
| 3 | Vanguard Total International Stock Index Fund | 7,181,317 | 271,399 | 14,649,886.68 | 0.0026 | 1.3588 | 10/31/2025 |
| 4 | Vanguard Emerging Markets Stock Index Fund | 6,578,737 | 380,711 | 13,420,623.48 | 0.0093 | 1.2448 | 10/31/2025 |
| 5 | Schwab Fundamental Emerging Markets Equity ETF | 4,650,518 | 3,483,326 | 9,487,056.72 | 0.1164 | 0.8799 | 11/28/2025 |
| 6 | iShares Core MSCI Emerging Markets ETF | 4,512,801 | 323,485 | 9,206,114.04 | 0.0081 | 0.8539 | 10/31/2025 |
| 7 | DFA Emerging Markets Core Equity 2 Portfolio | 3,953,410 | 0 | 8,064,956.4 | 0.0235 | 0.748 | 09/30/2025 |
| 8 | Vanguard Institutional Total Intl. Stock Market Index Tr. II | 3,721,515 | 151,394 | 7,591,890.6 | 0.0026 | 0.7041 | 10/31/2025 |
| 9 | BOCOM Schroder CSI Overseas China Internet Index Fund | 3,267,385 | -716,358 | 6,665,465.4 | 0.5415 | 0.6182 | 06/30/2025 |
| 10 | Harvest Global Internet Stock Fund | 3,020,000 | 0 | 6,160,800 | 4.254 | 0.5714 | 06/30/2025 |
| 11 | State Street SPDR S&P Kensho New Economies Composite ETF | 2,494,923 | 1,221,542 | 5,089,642.92 | 0.205 | 0.4721 | 11/28/2025 |
| 12 | T Rowe Price New Asia Fund | 2,458,620 | 2,458,620 | 5,015,584.8 | 0.2405 | 0.4652 | 09/30/2025 |
| 13 | Avantis Emerging Markets Equity ETF | 2,354,562 | 485,056 | 4,803,306.48 | 0.0316 | 0.4455 | 11/28/2025 |
| 14 | E Fund CSI Overseas China Internet 50 ETF | 2,105,130 | -562,628 | 4,294,465.2 | 0.0807 | 0.3983 | 06/30/2025 |
| 15 | PIMCO RAE Emerging Markets Fund | 1,816,695 | 1,816,695 | 3,706,057.8 | 0.1447 | 0.3437 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | T. Rowe Price Associates, Inc. (IM) | 62,080,228 | 62,080,228 | 126,643,665.12 | 0.0146 | 11.7461 | 10/31/2025 |
| 2 | T. Rowe Price Hong Kong Ltd. | 41,164,012 | 41,164,012 | 83,974,584.48 | 0.3183 | 7.7886 | 09/30/2025 |
| 3 | Triata Capital Ltd. | 11,802,100 | 11,802,100 | 24,076,284 | 3.1838 | 2.2331 | 09/30/2025 |
| 4 | Morgan Stanley & Co. LLC | 14,669,913 | 11,210,714 | 29,926,622.52 | 0.0102 | 2.7757 | 09/30/2025 |
| 5 | Norges Bank Investment Management | 10,478,846 | 8,531,385 | 21,376,845.84 | 0.0014 | 1.9827 | 06/30/2025 |
| 6 | Charles Schwab Investment Management, Inc. | 5,913,460 | 4,029,076 | 12,063,458.4 | 0.0014 | 1.1189 | 09/30/2025 |
| 7 | T. Rowe Price International Ltd. | 3,707,913 | 3,707,913 | 7,564,142.52 | 0.0044 | 0.7016 | 09/30/2025 |
| 8 | Ariose Capital Management Ltd. | 3,649,847 | 3,649,847 | 7,445,687.88 | 2.2927 | 0.6906 | 09/30/2025 |
| 9 | Perseverance Asset Management LP | 5,390,000 | 3,510,000 | 10,995,600 | 0.2392 | 1.0198 | 09/30/2025 |
| 10 | Two Sigma Advisers LP | 7,166,700 | 3,148,500 | 14,620,068 | 0.0287 | 1.356 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Robeco Institutional Asset Management BV | 9,886,273 | -13,731,625 | 20,167,996.92 | 0.0182 | 1.8706 | 09/30/2025 |
| 2 | Hermes Investment Management Ltd. | 0 | -9,370,852 | 0 | 0 | 0 | |
| 3 | Two Sigma Investments LP | 0 | -7,611,711 | 0 | 0 | 0 | |
| 4 | Millennium Management LLC | 0 | -6,954,713 | 0 | 0 | 0 | |
| 5 | Jane Street Capital LLC | 0 | -3,316,938 | 0 | 0 | 0 | |
| 6 | Citadel Securities LLC | 453,422 | -3,270,751 | 924,980.88 | 0.0026 | 0.0858 | 09/30/2025 |
| 7 | Arrowstreet Capital LP | 300,801 | -3,264,599 | 613,634.04 | 0.0004 | 0.0569 | 09/30/2025 |
| 8 | Woodline Partners LP | 0 | -3,155,906 | 0 | 0 | 0 | |
| 9 | Causeway Capital Management LLC | 0 | -2,896,200 | 0 | 0 | 0 | |
| 10 | JPMorgan Securities LLC (Investment Management) | 285 | -2,364,136 | 581.4 | 0 | 0.0001 | 09/30/2025 |
Data provided by FactSet Research Systems Inc.