| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Acadian Asset Management LLC | 1,468,574 | -46,194 | 88,936,841.44 | 0.1238 | 4.1914 | 12/31/2025 |
| 2 | Krane Funds Advisors LLC | 1,320,319 | 141,225 | 79,958,518.64 | 0.9453 | 3.7683 | 12/31/2025 |
| 3 | Stonehill Capital Management LLC | 1,103,571 | -984,016 | 66,832,259.76 | 17.5091 | 3.1497 | 12/31/2025 |
| 4 | Arrowstreet Capital LP | 838,362 | 48,858 | 50,771,202.72 | 0.0274 | 2.3928 | 12/31/2025 |
| 5 | The Vanguard Group, Inc. | 832,452 | -10,556 | 50,413,293.12 | 0.0007 | 2.3759 | 12/31/2025 |
| 6 | Causeway Capital Management LLC | 812,601 | 80,731 | 49,211,116.56 | 0.1039 | 2.3192 | 12/31/2025 |
| 7 | Morgan Stanley & Co. LLC | 653,551 | -35,259 | 39,579,048.56 | 0.014 | 1.8653 | 12/31/2025 |
| 8 | Point72 Asset Management LP | 647,635 | 422,781 | 39,220,775.6 | 0.0599 | 1.8484 | 12/31/2025 |
| 9 | Farallon Capital Management LLC | 578,200 | -209,706 | 35,015,792 | 0.2044 | 1.6502 | 12/31/2025 |
| 10 | BlackRock Fund Advisors | 559,637 | 17,725 | 33,891,616.72 | 0.0007 | 1.5973 | 12/31/2025 |
| 11 | LSV Asset Management | 558,011 | 208,712 | 33,793,146.16 | 0.0545 | 1.5926 | 12/31/2025 |
| 12 | Alpine Investment Management Ltd. | 496,300 | -417,853 | 30,055,928 | 13.5553 | 1.4165 | 12/31/2025 |
| 13 | Whitefort Capital Management, LP | 404,944 | -509,999 | 24,523,408.64 | 6.5794 | 1.1557 | 12/31/2025 |
| 14 | SSgA Funds Management, Inc. | 392,001 | -163,854 | 23,739,580.56 | 0.0008 | 1.1188 | 12/31/2025 |
| 15 | Ariose Capital Management Ltd. | 379,837 | 302,000 | 23,002,928.72 | 7.8286 | 1.0841 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | KraneShares CSI China Internet ETF | 1,091,408 | -185,437 | 66,095,668.48 | 1.0188 | 3.115 | 02/27/2026 |
| 2 | Vanguard Total International Stock Index Fund | 389,248 | 0 | 23,572,858.88 | 0.0038 | 1.1109 | 01/31/2026 |
| 3 | Vanguard Emerging Markets Stock Index Fund | 371,095 | -5,908 | 22,473,513.2 | 0.0146 | 1.0591 | 01/31/2026 |
| 4 | iShares Core MSCI Emerging Markets ETF | 323,928 | 45,799 | 19,617,079.68 | 0.0141 | 0.9245 | 02/27/2026 |
| 5 | Invesco China Technology ETF | 309,141 | 131,059 | 18,721,578.96 | 0.6701 | 0.8823 | 02/27/2026 |
| 6 | CREF Total Global Stock Account | 294,425 | 9,625 | 17,830,378 | 0.013 | 0.8403 | 12/31/2025 |
| 7 | Jupiter Asset Mgmt. Series Plc - Global Eq. Abs. Ret. Fd. | 289,000 | 0 | 17,501,840 | 0.3089 | 0.8248 | 11/30/2025 |
| 8 | Vanguard Institutional Total Intl. Stock Market Index Tr. II | 199,709 | -2,504 | 12,094,377.04 | 0.0039 | 0.57 | 01/31/2026 |
| 9 | BOCOM Schroder CSI Overseas China Internet Index Fund | 183,152 | 0 | 11,091,685.12 | 1.0537 | 0.5227 | 06/30/2025 |
| 10 | Causeway Emerging Markets Fund | 153,646 | 33,946 | 9,304,801.76 | 0.2758 | 0.4385 | 12/31/2025 |
| 11 | Nuveen Quant International Small Cap Equity Fund | 142,000 | 2,700 | 8,599,520 | 0.5835 | 0.4053 | 12/31/2025 |
| 12 | First Trust NASDAQ Technology Dividend Index Fund | 140,708 | 140,708 | 8,521,276.48 | 0.23 | 0.4016 | 02/27/2026 |
| 13 | Fidelity SAI Emerging Markets Value Index Fund | 125,634 | 125,634 | 7,608,395.04 | 0.0734 | 0.3586 | 10/31/2025 |
| 14 | JNL Multi Manager International Small Cap Fund | 114,804 | -27,188 | 6,952,530.24 | 0.9321 | 0.3277 | 12/31/2025 |
| 15 | SEI Institutional Invt. Trust - World Equity (ex-US) Fund | 113,942 | 0 | 6,900,327.52 | 0.0803 | 0.3252 | 01/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Point72 Asset Management LP | 647,635 | 422,781 | 39,220,775.6 | 0.0599 | 1.8484 | 12/31/2025 |
| 2 | Ariose Capital Management Ltd. | 379,837 | 302,000 | 23,002,928.72 | 7.8286 | 1.0841 | 12/31/2025 |
| 3 | Tiger Pacific Capital LP | 294,141 | 294,141 | 17,813,178.96 | 5.3481 | 0.8395 | 12/31/2025 |
| 4 | Healthcare of Ontario Pension Plan | 251,600 | 251,600 | 15,236,896 | 0.0251 | 0.7181 | 12/31/2025 |
| 5 | Capitolis Liquid Global Markets LLC | 240,600 | 240,600 | 14,570,736 | 0.0883 | 0.6867 | 12/31/2025 |
| 6 | Qube Research & Technologies Ltd. | 286,696 | 228,356 | 17,362,309.76 | 0.0244 | 0.8183 | 12/31/2025 |
| 7 | LSV Asset Management | 558,011 | 208,712 | 33,793,146.16 | 0.0545 | 1.5926 | 12/31/2025 |
| 8 | Broad Peak Investment Advisers Pte Ltd. | 159,700 | 159,700 | 9,671,432 | 1.6967 | 0.4558 | 12/31/2025 |
| 9 | First Trust Advisors LP | 143,093 | 143,093 | 8,665,712.08 | 0.0056 | 0.4084 | 12/31/2025 |
| 10 | Krane Funds Advisors LLC | 1,320,319 | 141,225 | 79,958,518.64 | 0.9453 | 3.7683 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Stonehill Capital Management LLC | 1,103,571 | -984,016 | 66,832,259.76 | 17.5091 | 3.1497 | 12/31/2025 |
| 2 | Bright Valley Capital Ltd. | 338,700 | -646,390 | 20,511,672 | 14.3755 | 0.9667 | 12/31/2025 |
| 3 | Whitefort Capital Management, LP | 404,944 | -509,999 | 24,523,408.64 | 6.5794 | 1.1557 | 12/31/2025 |
| 4 | Alpine Investment Management Ltd. | 496,300 | -417,853 | 30,055,928 | 13.5553 | 1.4165 | 12/31/2025 |
| 5 | OLP Capital Management Ltd. | 170,866 | -410,288 | 10,347,644.96 | 1.1552 | 0.4877 | 12/31/2025 |
| 6 | Canada Pension Plan Investment Board | 0 | -370,304 | 0 | 0 | 0 | |
| 7 | Fidelity Management & Research Co. LLC | 7,502 | -364,818 | 454,321.12 | 0 | 0.0214 | 12/31/2025 |
| 8 | Invesco Hong Kong Ltd. | 111,414 | -211,243 | 6,747,231.84 | 0.2048 | 0.318 | 12/31/2025 |
| 9 | Farallon Capital Management LLC | 578,200 | -209,706 | 35,015,792 | 0.2044 | 1.6502 | 12/31/2025 |
| 10 | SSgA Funds Management, Inc. | 392,001 | -163,854 | 23,739,580.56 | 0.0008 | 1.1188 | 12/31/2025 |
Data provided by FactSet Research Systems Inc.