| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | GQG Partners LLC | 96,959,405 | 2,615,799 | 814,459,002 | 0.6022 | 1.7925 | 12/31/2025 |
| 2 | Orbis Investment Management Ltd. | 81,682,615 | -5,397,641 | 686,133,966 | 1.7038 | 1.5101 | 12/31/2025 |
| 3 | Arrowstreet Capital LP | 63,525,566 | 5,997,838 | 533,614,754.4 | 0.2869 | 1.1744 | 12/31/2025 |
| 4 | Westwood Global Investments LLC | 61,328,933 | -4,687,651 | 515,163,037.2 | 12.697 | 1.1338 | 12/31/2025 |
| 5 | Robeco Institutional Asset Management BV | 58,581,150 | 16,058,277 | 492,081,660 | 0.4332 | 1.083 | 12/31/2025 |
| 6 | Fidelity Management & Research Co. LLC | 55,304,937 | -13,625,549 | 464,561,470.8 | 0.0257 | 1.0224 | 12/31/2025 |
| 7 | Schroder Investment Management Ltd. | 47,495,296 | 47,495,296 | 398,960,486.4 | 0.1561 | 0.8781 | 12/31/2025 |
| 8 | William Blair Investment Management LLC | 36,551,763 | 6,394,947 | 307,034,809.2 | 0.7198 | 0.6757 | 12/31/2025 |
| 9 | Capital Research & Management Co. (Global Investors) | 30,359,075 | 607,241 | 255,016,230 | 0.0395 | 0.5613 | 12/31/2025 |
| 10 | BlackRock Fund Advisors | 28,711,936 | 8,347,113 | 241,180,262.4 | 0.0043 | 0.5308 | 12/31/2025 |
| 11 | Fisher Asset Management LLC | 28,540,037 | -34,802,049 | 239,736,310.8 | 0.0784 | 0.5276 | 12/31/2025 |
| 12 | Viking Global Investors LP | 28,396,545 | 28,396,545 | 238,530,978 | 0.6162 | 0.525 | 12/31/2025 |
| 13 | Templeton Asset Management Ltd. | 27,119,283 | 891,735 | 227,801,977.2 | 1.2758 | 0.5014 | 12/31/2025 |
| 14 | Wellington Management Co. LLP | 26,058,137 | -3,239,387 | 218,888,350.8 | 0.0355 | 0.4817 | 12/31/2025 |
| 15 | Schroder Investment Management North America, Inc. | 25,327,328 | -20,206,150 | 212,749,555.2 | 1.2503 | 0.4682 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Canada Pension Plan | 56,333,893 | 0 | 473,204,701.2 | 0.0752 | 1.0415 | 03/31/2024 |
| 2 | iShares Tr. - Latin America 40 ETF | 35,864,537 | 15,947,544 | 301,262,110.8 | 7.2909 | 0.663 | 02/27/2026 |
| 3 | Fidelity Inv. Trust - Emerging Markets Opportunities Fund | 26,348,966 | -6,895,878 | 221,331,314.4 | 0.7731 | 0.4871 | 12/31/2025 |
| 4 | American Funds New World Fund | 24,758,011 | -58,431 | 207,967,292.4 | 0.2759 | 0.4577 | 12/31/2025 |
| 5 | Robeco Capital Gr. Fds. - Emerging Stars Equities | 18,258,543 | 3,360,399 | 153,371,761.2 | 3.6721 | 0.3376 | 01/30/2026 |
| 6 | R-co Valor Fund | 15,603,479 | 7,853,865 | 131,069,223.6 | 1.4113 | 0.2885 | 11/28/2025 |
| 7 | American Funds Capital World Growth & Income Fund | 14,953,653 | 0 | 125,610,685.2 | 0.0871 | 0.2765 | 12/31/2025 |
| 8 | Dodge & Cox Worldwide Funds - Global Stock Fund | 13,525,151 | 206,000 | 113,611,268.4 | 1.6152 | 0.25 | 09/30/2025 |
| 9 | AP7 Aktiefond | 13,053,580 | 1,225,036 | 109,650,072 | 0.0731 | 0.2413 | 12/31/2025 |
| 10 | JPMorgan Emerging Markets Equity Fund | 12,462,206 | -712,127 | 104,682,530.4 | 1.015 | 0.2304 | 01/31/2026 |
| 11 | GQG Global UCITS ICAV - Partners Emerging Markets Equity Fund | 12,148,608 | 0 | 102,048,307.2 | 3.7478 | 0.2246 | 06/30/2025 |
| 12 | Vanguard Emerging Markets Stock Index Fund | 11,052,589 | -656,697 | 92,841,747.6 | 0.0595 | 0.2043 | 01/31/2026 |
| 13 | Seafarer Overseas Growth & Income Fund | 10,428,750 | -618,000 | 87,601,500 | 2.4824 | 0.1928 | 12/31/2025 |
| 14 | Schroder ISF - Emerging Markets | 9,797,176 | -1,578,201 | 82,296,278.4 | 1.0991 | 0.1811 | 01/31/2026 |
| 15 | Hartford Schroders Emerging Markets Equity Fund | 9,776,969 | -1,263,076 | 82,126,539.6 | 1.1271 | 0.1807 | 01/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Schroder Investment Management Ltd. | 47,495,296 | 47,495,296 | 398,960,486.4 | 0.1561 | 0.8781 | 12/31/2025 |
| 2 | Viking Global Investors LP | 28,396,545 | 28,396,545 | 238,530,978 | 0.6162 | 0.525 | 12/31/2025 |
| 3 | T. Rowe Price Hong Kong Ltd. | 22,049,782 | 22,049,782 | 185,218,168.8 | 0.6741 | 0.4076 | 12/31/2025 |
| 4 | Robeco Institutional Asset Management BV | 58,581,150 | 16,058,277 | 492,081,660 | 0.4332 | 1.083 | 12/31/2025 |
| 5 | Boston Partners Global Investors, Inc. | 13,576,614 | 12,853,307 | 114,043,557.6 | 0.1004 | 0.251 | 12/31/2025 |
| 6 | Rothschild & Co. Asset Management SCS | 17,806,322 | 8,849,781 | 149,573,104.8 | 1.1043 | 0.3292 | 01/30/2026 |
| 7 | BlackRock Fund Advisors | 28,711,936 | 8,347,113 | 241,180,262.4 | 0.0043 | 0.5308 | 12/31/2025 |
| 8 | Samlyn Capital LLC | 7,922,354 | 7,922,354 | 66,547,773.6 | 1.1263 | 0.1465 | 12/31/2025 |
| 9 | Two Sigma Investments LP | 8,250,080 | 7,035,747 | 69,300,672 | 0.1021 | 0.1525 | 12/31/2025 |
| 10 | William Blair Investment Management LLC | 36,551,763 | 6,394,947 | 307,034,809.2 | 0.7198 | 0.6757 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Fisher Asset Management LLC | 28,540,037 | -34,802,049 | 239,736,310.8 | 0.0784 | 0.5276 | 12/31/2025 |
| 2 | T. Rowe Price International Ltd. | 19,968 | -28,247,980 | 167,731.2 | 0.0001 | 0.0004 | 12/31/2025 |
| 3 | Schroder & Co. Ltd. | 0 | -27,615,754 | 0 | 0 | 0 | |
| 4 | Schroder Investment Management North America, Inc. | 25,327,328 | -20,206,150 | 212,749,555.2 | 1.2503 | 0.4682 | 12/31/2025 |
| 5 | Renaissance Technologies LLC | 8,606,381 | -18,946,089 | 72,293,600.4 | 0.1098 | 0.1591 | 12/31/2025 |
| 6 | Fidelity Management & Research Co. LLC | 55,304,937 | -13,625,549 | 464,561,470.8 | 0.0257 | 1.0224 | 12/31/2025 |
| 7 | Carmignac Gestion SA | 7,152,585 | -7,314,908 | 60,081,714 | 0.5441 | 0.1322 | 12/31/2025 |
| 8 | Orbis Investment Management Ltd. | 81,682,615 | -5,397,641 | 686,133,966 | 1.7038 | 1.5101 | 12/31/2025 |
| 9 | GMT Capital Corp. | 1,174,334 | -5,061,832 | 9,864,405.6 | 0.2886 | 0.0217 | 12/31/2025 |
| 10 | Mondrian Investment Partners Ltd. | 16,471 | -4,724,721 | 138,356.4 | 0.0008 | 0.0003 | 12/31/2025 |
Data provided by FactSet Research Systems Inc.