| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | JPMorgan Securities LLC (Investment Management) | 10,979,796 | 10,979,796 | 170,406,433.92 | 0.0863 | 1.3485 | 06/30/2025 |
| 2 | Morgan Stanley & Co. LLC | 6,594,041 | 6,594,041 | 102,339,516.32 | 0.0347 | 0.8099 | 06/30/2025 |
| 3 | SSgA Funds Management, Inc. | 5,756,926 | 5,756,926 | 89,347,491.52 | 0.003 | 0.7071 | 06/30/2025 |
| 4 | Millennium Management LLC | 4,468,515 | 4,468,515 | 69,351,352.8 | 0.0576 | 0.5488 | 06/30/2025 |
| 5 | Merrill Lynch International (Investment Management) | 3,614,536 | 3,614,536 | 56,097,598.72 | 0.2998 | 0.4439 | 06/30/2025 |
| 6 | Van Eck Associates Corp. | 3,471,405 | 3,471,405 | 53,876,205.6 | 0.0462 | 0.4263 | 06/30/2025 |
| 7 | Verition Fund Management LLC | 2,479,511 | 2,479,511 | 38,482,010.72 | 0.1969 | 0.3045 | 06/30/2025 |
| 8 | Maple Rock Capital Partners, Inc. | 2,213,706 | 2,213,706 | 34,356,717.12 | 1.3079 | 0.2719 | 06/30/2025 |
| 9 | Geode Capital Management LLC | 2,127,900 | 2,127,900 | 33,025,008 | 0.0018 | 0.2613 | 06/30/2025 |
| 10 | Candlestick Capital Management LP | 2,029,657 | 2,029,657 | 31,500,276.64 | 0.9973 | 0.2493 | 06/30/2025 |
| 11 | Dendur Capital LP | 1,920,000 | 1,920,000 | 29,798,400 | 2.8673 | 0.2358 | 06/30/2025 |
| 12 | Hartree Partners LP (Investment Management) | 1,522,974 | 1,522,974 | 23,636,556.48 | 6.2934 | 0.187 | 06/30/2025 |
| 13 | Alberta Investment Management Corp. | 1,384,300 | 1,384,300 | 21,484,336 | 0.2177 | 0.17 | 06/30/2025 |
| 14 | Loews Corp. (Investment Portfolio) | 1,330,000 | 1,330,000 | 20,641,600 | 0.1703 | 0.1633 | 06/30/2025 |
| 15 | Goldman Sachs & Co. LLC (Private Banking) | 1,216,447 | 1,216,447 | 18,879,257.44 | 0.0077 | 0.1494 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | iShares MSCI Brazil ETF | 5,373,418 | 5,373,418 | 83,395,447.36 | 1.4783 | 0.6599 | 08/29/2025 |
| 2 | iShares Core MSCI Emerging Markets ETF | 3,578,042 | 3,578,042 | 55,531,211.84 | 0.0513 | 0.4394 | 08/29/2025 |
| 3 | Columbia Overseas Value Fund | 3,330,826 | 3,330,826 | 51,694,419.52 | 0.9485 | 0.4091 | 08/31/2025 |
| 4 | iShares MSCI Brazil UCITS ETF (DE) | 2,446,091 | 2,446,091 | 37,963,332.32 | 1.3481 | 0.3004 | 08/29/2025 |
| 5 | Metropolitan Series - Van Eck Global Natural Resources Port. | 1,690,150 | 1,690,150 | 26,231,128 | 3.1447 | 0.2076 | 06/30/2025 |
| 6 | VanEck Global Resources Fund | 1,108,556 | 1,108,556 | 17,204,789.12 | 3.2487 | 0.1362 | 07/31/2025 |
| 7 | iShares plc - Core MSCI Emerging Markets IMI UCITS ETF | 942,865 | 942,865 | 14,633,264.8 | 0.0483 | 0.1158 | 08/29/2025 |
| 8 | Macquarie Emerging Markets Fund | 800,000 | 800,000 | 12,416,000 | 0.1667 | 0.0983 | 07/31/2025 |
| 9 | iShares MSCI Emerging Markets ETF | 771,136 | 771,136 | 11,968,030.72 | 0.059 | 0.0947 | 08/29/2025 |
| 10 | iShares MSCI Emerging Markets (ex-China) ETF | 752,527 | 752,527 | 11,679,219.04 | 0.0859 | 0.0924 | 08/29/2025 |
| 11 | Fidelity Series Global (ex-US) Index Fund | 706,200 | 706,200 | 10,960,224 | 0.0184 | 0.0867 | 07/31/2025 |
| 12 | VanEck VIP Global Resources Fund | 631,550 | 631,550 | 9,801,656 | 3.1587 | 0.0776 | 06/30/2025 |
| 13 | Vanguard Investment Series Plc - Emerging Markets Stock Index | 619,964 | 619,964 | 9,621,841.28 | 0.0581 | 0.0761 | 08/31/2025 |
| 14 | SPDR Portfolio Emerging Markets ETF | 561,508 | 561,508 | 8,714,604.16 | 0.0628 | 0.069 | 08/29/2025 |
| 15 | iShares Tr. - Core MSCI Total International Stock ETF | 487,904 | 487,904 | 7,572,270.08 | 0.0154 | 0.0599 | 08/29/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | JPMorgan Securities LLC (Investment Management) | 10,979,796 | 10,979,796 | 170,406,433.92 | 0.0863 | 1.3485 | 06/30/2025 |
| 2 | Morgan Stanley & Co. LLC | 6,594,041 | 6,594,041 | 102,339,516.32 | 0.0347 | 0.8099 | 06/30/2025 |
| 3 | SSgA Funds Management, Inc. | 5,756,926 | 5,756,926 | 89,347,491.52 | 0.003 | 0.7071 | 06/30/2025 |
| 4 | Millennium Management LLC | 4,468,515 | 4,468,515 | 69,351,352.8 | 0.0576 | 0.5488 | 06/30/2025 |
| 5 | Merrill Lynch International (Investment Management) | 3,614,536 | 3,614,536 | 56,097,598.72 | 0.2998 | 0.4439 | 06/30/2025 |
| 6 | Van Eck Associates Corp. | 3,471,405 | 3,471,405 | 53,876,205.6 | 0.0462 | 0.4263 | 06/30/2025 |
| 7 | Verition Fund Management LLC | 2,479,511 | 2,479,511 | 38,482,010.72 | 0.1969 | 0.3045 | 06/30/2025 |
| 8 | Maple Rock Capital Partners, Inc. | 2,213,706 | 2,213,706 | 34,356,717.12 | 1.3079 | 0.2719 | 06/30/2025 |
| 9 | Geode Capital Management LLC | 2,127,900 | 2,127,900 | 33,025,008 | 0.0018 | 0.2613 | 06/30/2025 |
| 10 | Candlestick Capital Management LP | 2,029,657 | 2,029,657 | 31,500,276.64 | 0.9973 | 0.2493 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Yuanta Securities Investment Trust Co., Ltd. | 6,039 | -19,358 | 93,725.28 | 0.0002 | 0.0007 | 06/30/2025 |
| 2 | Yousif Capital Management LLC | 0 | -16,327 | 0 | 0 | 0 | |
| 3 | Confluence Investment Management LLC | 12,526 | -3,018 | 194,403.52 | 0.0027 | 0.0015 | 06/30/2025 |
| 4 | Atlas Capital Advisors, Inc. | 9,916 | -2,319 | 153,896.32 | 0.0178 | 0.0012 | 06/30/2025 |
| 5 | Ancora Family Wealth Advisors LLC | 488 | -584 | 7,573.76 | 0.0003 | 0.0001 | 06/30/2025 |
| 6 | PNC Investments LLC | 0 | -78 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.