| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | GQG Partners LLC | 91,595,734 | 13,860,845 | 652,161,626.08 | 0.4989 | 1.8902 | 06/30/2025 |
| 2 | Orbis Investment Management Ltd. | 84,543,938 | 43,153,787 | 601,952,838.56 | 1.5868 | 1.7447 | 06/30/2025 |
| 3 | Fidelity Management & Research Co. LLC | 66,922,802 | 8,472,181 | 476,490,350.24 | 0.0264 | 1.381 | 06/30/2025 |
| 4 | Fisher Asset Management LLC | 61,497,171 | 5,828,296 | 437,859,857.52 | 0.1568 | 1.2691 | 06/30/2025 |
| 5 | Arrowstreet Capital LP | 55,852,163 | 4,440,223 | 397,667,400.56 | 0.2531 | 1.1526 | 06/30/2025 |
| 6 | Schroder Investment Management North America, Inc. | 44,207,260 | 15,079,091 | 314,755,691.2 | 0.3252 | 0.9123 | 06/30/2025 |
| 7 | Robeco Institutional Asset Management BV | 41,284,343 | -680,286 | 293,944,522.16 | 0.2773 | 0.852 | 06/30/2025 |
| 8 | William Blair Investment Management LLC | 29,278,462 | 10,002,310 | 208,462,649.44 | 0.4398 | 0.6042 | 06/30/2025 |
| 9 | Capital Research & Management Co. (Global Investors) | 28,885,276 | 15,185,055 | 205,663,165.12 | 0.0314 | 0.5961 | 06/30/2025 |
| 10 | Wellington Management Co. LLP | 28,444,198 | 22,532,785 | 202,522,689.76 | 0.0328 | 0.587 | 06/30/2025 |
| 11 | T. Rowe Price International Ltd. | 27,444,610 | 27,375,544 | 195,405,623.2 | 0.1165 | 0.5664 | 06/30/2025 |
| 12 | Schroder & Co. Ltd. | 26,811,412 | 26,811,412 | 190,897,253.44 | 1.5066 | 0.5533 | 06/30/2025 |
| 13 | Renaissance Technologies LLC | 26,749,971 | 5,419,400 | 190,459,793.52 | 0.2316 | 0.552 | 06/30/2025 |
| 14 | Templeton Asset Management Ltd. | 25,463,639 | -637,245 | 181,301,109.68 | 1.1017 | 0.5255 | 06/30/2025 |
| 15 | JPMorgan Investment Management, Inc. | 23,413,185 | -3,520,310 | 166,701,877.2 | 0.0171 | 0.4832 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Canada Pension Plan | 54,693,100 | 0 | 389,414,872 | 0.0621 | 1.1287 | 03/31/2024 |
| 2 | Fidelity Inv. Trust - Emerging Markets Opportunities Fund | 32,276,548 | -7,710,528 | 229,809,021.76 | 0.8531 | 0.6661 | 08/31/2025 |
| 3 | American Funds New World Fund | 24,093,633 | 0 | 171,546,666.96 | 0.244 | 0.4972 | 06/30/2025 |
| 4 | iShares Tr. - Latin America 40 ETF | 19,758,861 | 2,671,131 | 140,683,090.32 | 7.4618 | 0.4077 | 09/30/2025 |
| 5 | American Funds Capital World Growth & Income Fund | 14,518,110 | 14,518,110 | 103,368,943.2 | 0.0748 | 0.2996 | 06/30/2025 |
| 6 | Robeco Capital Gr. Fds. - Emerging Stars Equities | 14,464,217 | 710,597 | 102,985,225.04 | 3.142 | 0.2985 | 07/31/2025 |
| 7 | Dodge & Cox Worldwide Funds - Global Stock Fund | 12,931,215 | 192,000 | 92,070,250.8 | 1.4504 | 0.2669 | 06/30/2025 |
| 8 | JPMorgan Emerging Markets Equity Fund | 12,790,615 | -521,318 | 91,069,178.8 | 0.9729 | 0.264 | 08/31/2025 |
| 9 | GQG Global UCITS ICAV - Partners Emerging Markets Equity Fund | 11,794,765 | 2,011,130 | 83,978,726.8 | 3.3947 | 0.2434 | 06/30/2025 |
| 10 | AP7 Aktiefond | 11,484,023 | 0 | 81,766,243.76 | 0.0606 | 0.237 | 02/28/2025 |
| 11 | Vanguard Emerging Markets Stock Index Fund | 11,368,239 | 0 | 80,941,861.68 | 0.0563 | 0.2346 | 08/31/2025 |
| 12 | Schroder ISF - Emerging Markets | 11,044,055 | -84,135 | 78,633,671.6 | 1.208 | 0.2279 | 08/31/2025 |
| 13 | Seafarer Overseas Growth & Income Fund | 10,725,000 | 0 | 76,362,000 | 2.2767 | 0.2213 | 06/30/2025 |
| 14 | Hartford Schroders Emerging Markets Equity Fund | 10,718,490 | -1,389,755 | 76,315,648.8 | 1.1889 | 0.2212 | 08/31/2025 |
| 15 | T Rowe Price Emerging Markets Stock Fund | 10,669,461 | 8,369,476 | 75,966,562.32 | 1.2886 | 0.2202 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Orbis Investment Management Ltd. | 84,543,938 | 43,153,787 | 601,952,838.56 | 1.5868 | 1.7447 | 06/30/2025 |
| 2 | T. Rowe Price International Ltd. | 27,444,610 | 27,375,544 | 195,405,623.2 | 0.1165 | 0.5664 | 06/30/2025 |
| 3 | Schroder & Co. Ltd. | 26,811,412 | 26,811,412 | 190,897,253.44 | 1.5066 | 0.5533 | 06/30/2025 |
| 4 | Wellington Management Co. LLP | 28,444,198 | 22,532,785 | 202,522,689.76 | 0.0328 | 0.587 | 06/30/2025 |
| 5 | Capital Research & Management Co. (Global Investors) | 28,885,276 | 15,185,055 | 205,663,165.12 | 0.0314 | 0.5961 | 06/30/2025 |
| 6 | Schroder Investment Management North America, Inc. | 44,207,260 | 15,079,091 | 314,755,691.2 | 0.3252 | 0.9123 | 06/30/2025 |
| 7 | GQG Partners LLC | 91,595,734 | 13,860,845 | 652,161,626.08 | 0.4989 | 1.8902 | 06/30/2025 |
| 8 | William Blair Investment Management LLC | 29,278,462 | 10,002,310 | 208,462,649.44 | 0.4398 | 0.6042 | 06/30/2025 |
| 9 | Fidelity Management & Research Co. LLC | 66,922,802 | 8,472,181 | 476,490,350.24 | 0.0264 | 1.381 | 06/30/2025 |
| 10 | Wellington Management International Ltd. | 7,381,226 | 7,381,226 | 52,554,329.12 | 0.2227 | 0.1523 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Schroder Investment Management Ltd. | 0 | -47,162,862 | 0 | 0 | 0 | |
| 2 | D. E. Shaw & Co. LP | 1,080,148 | -12,017,052 | 7,690,653.76 | 0.007 | 0.0223 | 06/30/2025 |
| 3 | Metzler Asset Management GmbH | 770,736 | -7,870,541 | 5,487,640.32 | 0.0388 | 0.0159 | 06/30/2025 |
| 4 | T. Rowe Price Singapore Pte Ltd. | 0 | -5,583,674 | 0 | 0 | 0 | |
| 5 | Numeric Investors LLC | 205,495 | -4,768,913 | 1,463,124.4 | 0.0041 | 0.0042 | 06/30/2025 |
| 6 | JPMorgan Investment Management, Inc. | 23,413,185 | -3,520,310 | 166,701,877.2 | 0.0171 | 0.4832 | 06/30/2025 |
| 7 | Victory Capital Management, Inc. (Investment Management) | 167,491 | -3,231,953 | 1,192,535.92 | 0.0006 | 0.0035 | 06/30/2025 |
| 8 | TT International Asset Management Ltd. | 140,000 | -3,101,085 | 996,800 | 0.0524 | 0.0029 | 09/30/2025 |
| 9 | Driehaus Capital Management LLC | 11,779,163 | -2,774,411 | 83,867,640.56 | 0.4436 | 0.2431 | 06/30/2025 |
| 10 | AQR Capital Management LLC | 141,896 | -2,331,120 | 1,010,299.52 | 0.0007 | 0.0029 | 06/30/2025 |
Data provided by FactSet Research Systems Inc.