| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (Global Investors) | 84,609,325 | 54,517,661 | 665,029,294.5 | 0.0779 | 1.5642 | 03/31/2026 |
| 2 | GQG Partners LLC | 81,646,220 | -12,312,140 | 641,739,289.2 | 0.4816 | 1.5094 | 03/31/2026 |
| 3 | Orbis Investment Management Ltd. | 69,269,672 | -16,557,320 | 544,459,621.92 | 1.2596 | 1.2806 | 03/31/2026 |
| 4 | Westwood Global Investments LLC | 60,727,358 | -3,263,877 | 477,317,033.88 | 12.1051 | 1.1227 | 03/31/2026 |
| 5 | Arrowstreet Capital LP | 55,481,880 | -7,483,508 | 436,087,576.8 | 0.1959 | 1.0257 | 03/31/2026 |
| 6 | Robeco Institutional Asset Management BV | 54,692,228 | -4,660,686 | 429,880,912.08 | 0.3288 | 1.0111 | 03/31/2026 |
| 7 | Fidelity Management & Research Co. LLC | 46,015,609 | -18,937,199 | 361,682,686.74 | 0.0175 | 0.8507 | 03/31/2026 |
| 8 | Schroder Investment Management Ltd. | 42,501,492 | -7,122,410 | 334,061,727.12 | 0.1235 | 0.7857 | 03/31/2026 |
| 9 | BlackRock Fund Advisors | 42,175,098 | 18,515,397 | 331,496,270.28 | 0.0062 | 0.7797 | 03/31/2026 |
| 10 | William Blair Investment Management LLC | 31,684,708 | 1,330,407 | 249,041,804.88 | 0.5844 | 0.5858 | 03/31/2026 |
| 11 | Fisher Asset Management LLC | 28,614,724 | -34,650,021 | 224,911,730.64 | 0.0669 | 0.529 | 03/31/2026 |
| 12 | Templeton Asset Management Ltd. | 28,440,927 | 2,284,692 | 223,545,686.22 | 1.0344 | 0.5258 | 03/31/2026 |
| 13 | JPMorgan Investment Management, Inc. | 23,234,646 | -1,858,143 | 182,624,317.56 | 0.0175 | 0.4295 | 03/31/2026 |
| 14 | Schroder Investment Management North America, Inc. | 22,189,967 | -4,952,005 | 174,413,140.62 | 0.9385 | 0.4102 | 03/31/2026 |
| 15 | Rothschild & Co. Asset Management SCS | 21,094,441 | 3,359,022 | 165,802,306.26 | 1.192 | 0.39 | 04/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | iShares Tr. - Latin America 40 ETF | 40,404,064 | 17,232,183 | 317,575,943.04 | 6.7132 | 0.747 | 04/30/2026 |
| 2 | American Funds New World Fund | 36,833,337 | 12,016,895 | 289,510,028.82 | 0.3462 | 0.6809 | 03/31/2026 |
| 3 | Fidelity Inv. Trust - Emerging Markets Opportunities Fund | 23,923,751 | -4,945,530 | 188,040,682.86 | 0.5533 | 0.4423 | 04/30/2026 |
| 4 | Capital Income Builder | 21,159,826 | 21,159,826 | 166,316,232.36 | 0.1662 | 0.3912 | 03/31/2026 |
| 5 | Robeco Capital Gr. Fds. - Emerging Stars Equities | 19,283,303 | 2,567,603 | 151,566,761.58 | 2.6621 | 0.3565 | 04/30/2026 |
| 6 | R-co Valor Fund | 18,579,547 | 2,976,068 | 146,035,239.42 | 1.4731 | 0.3435 | 01/30/2026 |
| 7 | American Funds Capital World Growth & Income Fund | 14,953,653 | 0 | 117,535,712.58 | 0.0742 | 0.2765 | 03/31/2026 |
| 8 | Dodge & Cox Worldwide Funds - Global Stock Fund | 13,658,151 | 133,000 | 107,353,066.86 | 1.2983 | 0.2525 | 03/31/2026 |
| 9 | AP7 Aktiefond | 13,053,580 | 1,225,036 | 102,601,138.8 | 0.0616 | 0.2413 | 12/31/2025 |
| 10 | JPMorgan Emerging Markets Equity Fund | 12,462,206 | -712,127 | 97,952,939.16 | 0.7956 | 0.2304 | 03/31/2026 |
| 11 | American Funds Global Balanced Fund | 11,518,316 | 11,518,316 | 90,533,963.76 | 0.4232 | 0.2129 | 03/31/2026 |
| 12 | Vanguard Emerging Markets Stock Index Fund | 10,785,505 | -452,478 | 84,774,069.3 | 0.0493 | 0.1994 | 04/30/2026 |
| 13 | GQG Global UCITS ICAV - Partners Global Equity Fund | 10,483,011 | 962,818 | 82,396,466.46 | 1.9384 | 0.1938 | 12/31/2025 |
| 14 | Seafarer Overseas Growth & Income Fund | 10,428,750 | 0 | 81,969,975 | 2.1123 | 0.1928 | 03/31/2026 |
| 15 | GQG Global UCITS ICAV - Partners Emerging Markets Equity Fund | 9,704,726 | -2,443,882 | 76,279,146.36 | 3.3531 | 0.1794 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (Global Investors) | 84,609,325 | 54,517,661 | 665,029,294.5 | 0.0779 | 1.5642 | 03/31/2026 |
| 2 | Carrhae Capital LLP | 20,443,133 | 20,443,133 | 160,683,025.38 | 10.9803 | 0.3779 | 03/31/2026 |
| 3 | Vanguard Capital Management LLC | 20,252,308 | 20,252,308 | 159,183,140.88 | 0.0027 | 0.3744 | 03/31/2026 |
| 4 | BlackRock Fund Advisors | 42,175,098 | 18,515,397 | 331,496,270.28 | 0.0062 | 0.7797 | 03/31/2026 |
| 5 | Two Sigma Investments LP | 20,088,181 | 14,824,833 | 157,893,102.66 | 0.1161 | 0.3714 | 03/31/2026 |
| 6 | Jane Street Capital LLC | 11,094,671 | 11,017,390 | 87,204,114.06 | 0.0738 | 0.2051 | 03/31/2026 |
| 7 | TT International Asset Management Ltd. | 9,533,122 | 9,388,922 | 74,930,338.92 | 3.081 | 0.1762 | 03/31/2026 |
| 8 | Morgan Stanley Smith Barney LLC (Investment Management) | 7,879,537 | 7,608,822 | 61,933,160.82 | 0.0073 | 0.1457 | 03/31/2026 |
| 9 | Merrill Lynch International (Investment Management) | 6,521,500 | 6,521,500 | 51,258,990 | 0.2017 | 0.1206 | 03/31/2026 |
| 10 | Goldman Sachs & Co. LLC (Private Banking) | 8,161,948 | 5,342,770 | 64,152,911.28 | 0.0193 | 0.1509 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Fisher Asset Management LLC | 28,614,724 | -34,650,021 | 224,911,730.64 | 0.0669 | 0.529 | 03/31/2026 |
| 2 | The Vanguard Group, Inc. | 0 | -22,895,621 | 0 | 0 | 0 | |
| 3 | Fidelity Management & Research Co. LLC | 46,015,609 | -18,937,199 | 361,682,686.74 | 0.0175 | 0.8507 | 03/31/2026 |
| 4 | Orbis Investment Management Ltd. | 69,269,672 | -16,557,320 | 544,459,621.92 | 1.2596 | 1.2806 | 03/31/2026 |
| 5 | Wellington Management Co. LLP | 11,166,009 | -15,214,992 | 87,764,830.74 | 0.0136 | 0.2064 | 03/31/2026 |
| 6 | Samlyn Capital LLC | 0 | -13,946,872 | 0 | 0 | 0 | |
| 7 | Boston Partners Global Investors, Inc. | 98,294 | -12,687,845 | 772,590.84 | 0.0006 | 0.0018 | 03/31/2026 |
| 8 | GQG Partners LLC | 81,646,220 | -12,312,140 | 641,739,289.2 | 0.4816 | 1.5094 | 03/31/2026 |
| 9 | Renaissance Technologies LLC | 4,894,713 | -9,745,883 | 38,472,444.18 | 0.0521 | 0.0905 | 03/31/2026 |
| 10 | Arrowstreet Capital LP | 55,481,880 | -7,483,508 | 436,087,576.8 | 0.1959 | 1.0257 | 03/31/2026 |
Data provided by FactSet Research Systems Inc.