| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Davis Selected Advisers LP | 26,244,660 | 26,244,660 | 353,778,016.8 | 1.2991 | 3.2233 | 03/31/2026 |
| 2 | BlackRock Fund Advisors | 19,764,251 | 3,770,973 | 266,422,103.48 | 0.0052 | 2.4274 | 03/31/2026 |
| 3 | Arrowstreet Capital LP | 7,687,775 | 3,733,508 | 103,631,207 | 0.0483 | 0.9442 | 03/31/2026 |
| 4 | D. E. Shaw & Co. LP | 6,389,933 | -3,337,758 | 86,136,296.84 | 0.0612 | 0.7848 | 03/31/2026 |
| 5 | SSgA Funds Management, Inc. | 6,158,278 | 347,106 | 83,013,587.44 | 0.0025 | 0.7563 | 03/31/2026 |
| 6 | Alberta Investment Management Corp. | 5,024,500 | 790,200 | 67,730,260 | 0.392 | 0.6171 | 03/31/2026 |
| 7 | Columbia Management Investment Advisers LLC | 4,995,939 | 234,724 | 67,345,257.72 | 0.0148 | 0.6136 | 03/31/2026 |
| 8 | RREEF America LLC | 4,217,891 | 3,176,391 | 56,857,170.68 | 0.2509 | 0.518 | 03/31/2026 |
| 9 | BlackRock Asset Management Deutschland AG | 3,734,336 | 1,148,539 | 50,338,849.28 | 0.0545 | 0.4586 | 03/31/2026 |
| 10 | BlackRock Advisors (UK) Ltd. | 3,621,899 | 1,067,731 | 48,823,198.52 | 0.0047 | 0.4448 | 03/31/2026 |
| 11 | Marshall Wace LLP | 3,603,137 | 513,204 | 48,570,286.76 | 0.0457 | 0.4425 | 03/31/2026 |
| 12 | Two Sigma Investments LP | 3,575,859 | 1,252,523 | 48,202,579.32 | 0.0374 | 0.4392 | 03/31/2026 |
| 13 | Raymond James & Associates, Inc. (Invt Mgmt) | 3,444,632 | 1,273,186 | 46,433,639.36 | 0.0198 | 0.4231 | 03/31/2026 |
| 14 | Discovery Capital Management LLC | 3,365,400 | 2,885,200 | 45,365,592 | 1.8786 | 0.4133 | 03/31/2026 |
| 15 | BNP Paribas Financial Markets | 3,121,110 | 317,254 | 42,072,562.8 | 0.0239 | 0.3833 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | iShares MSCI Brazil ETF | 8,521,907 | 2,838,591 | 114,875,306.36 | 1.0926 | 1.0466 | 04/30/2026 |
| 2 | iShares Core MSCI Emerging Markets ETF | 4,575,335 | 901,663 | 61,675,515.8 | 0.0399 | 0.5619 | 04/30/2026 |
| 3 | iShares MSCI Brazil UCITS ETF (DE) | 3,788,911 | 1,127,959 | 51,074,520.28 | 1.085 | 0.4653 | 04/30/2026 |
| 4 | Columbia Overseas Value Fund | 3,451,322 | 84,158 | 46,523,820.56 | 0.7124 | 0.4239 | 03/31/2026 |
| 5 | Carillon Scout Mid Cap Fund | 2,685,579 | 761,058 | 36,201,604.92 | 1.033 | 0.3298 | 12/31/2025 |
| 6 | DWS RREEF Real Assets Fund | 2,066,700 | 630,700 | 27,859,116 | 0.7322 | 0.2538 | 03/31/2026 |
| 7 | Columbia Variable Portfolio - Overseas Core Fund | 1,902,824 | 80,967 | 25,650,067.52 | 0.6356 | 0.2337 | 12/31/2025 |
| 8 | Davis New York Venture Fund | 1,695,060 | 1,695,060 | 22,849,408.8 | 0.2888 | 0.2082 | 01/31/2026 |
| 9 | Davis Global Fund | 1,554,020 | 1,554,020 | 20,948,189.6 | 2.2292 | 0.1909 | 01/31/2026 |
| 10 | Metropolitan Series - Van Eck Global Natural Resources Port. | 1,425,750 | -131,600 | 19,219,110 | 2.195 | 0.1751 | 12/31/2025 |
| 11 | Selected American Shares Fund | 1,331,620 | 1,331,620 | 17,950,237.6 | 0.8117 | 0.1635 | 12/31/2025 |
| 12 | Davis Select Worldwide ETF | 1,279,240 | 1,279,240 | 17,244,155.2 | 3.0154 | 0.1571 | 04/30/2026 |
| 13 | VanEck Global Resources Fund | 1,193,974 | 152,389 | 16,094,769.52 | 2.1672 | 0.1466 | 03/31/2026 |
| 14 | iShares plc - Core MSCI Emerging Markets IMI UCITS ETF | 1,096,373 | 132,197 | 14,779,108.04 | 0.0346 | 0.1347 | 04/30/2026 |
| 15 | Davis Series - Opportunity Fund | 1,095,410 | 1,095,410 | 14,766,126.8 | 2.2142 | 0.1345 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Davis Selected Advisers LP | 26,244,660 | 26,244,660 | 353,778,016.8 | 1.2991 | 3.2233 | 03/31/2026 |
| 2 | BlackRock Fund Advisors | 19,764,251 | 3,770,973 | 266,422,103.48 | 0.0052 | 2.4274 | 03/31/2026 |
| 3 | Arrowstreet Capital LP | 7,687,775 | 3,733,508 | 103,631,207 | 0.0483 | 0.9442 | 03/31/2026 |
| 4 | RREEF America LLC | 4,217,891 | 3,176,391 | 56,857,170.68 | 0.2509 | 0.518 | 03/31/2026 |
| 5 | Brandes Investment Partners LP | 2,982,674 | 2,982,674 | 40,206,445.52 | 0.1549 | 0.3663 | 03/31/2026 |
| 6 | Discovery Capital Management LLC | 3,365,400 | 2,885,200 | 45,365,592 | 1.8786 | 0.4133 | 03/31/2026 |
| 7 | Carrhae Capital LLP | 2,546,345 | 2,141,672 | 34,324,730.6 | 2.3763 | 0.3127 | 03/31/2026 |
| 8 | Neuberger Berman Investment Advisers LLC | 1,576,151 | 1,576,151 | 21,246,515.48 | 0.0143 | 0.1936 | 03/31/2026 |
| 9 | Morgan Stanley Latam LLC | 1,999,967 | 1,554,486 | 26,959,555.16 | 2.1141 | 0.2456 | 03/31/2026 |
| 10 | LSV Asset Management | 1,362,700 | 1,362,700 | 18,369,196 | 0.0285 | 0.1674 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Banco BTG Pactual SA (Investment Management) | 191,081 | -9,398,657 | 2,575,771.88 | 0.1094 | 0.0235 | 03/31/2026 |
| 2 | Millennium Management LLC | 1,636,064 | -4,352,633 | 22,054,142.72 | 0.0156 | 0.2009 | 03/31/2026 |
| 3 | D. E. Shaw & Co. LP | 6,389,933 | -3,337,758 | 86,136,296.84 | 0.0612 | 0.7848 | 03/31/2026 |
| 4 | Morgan Stanley & Co. LLC | 389,259 | -2,624,837 | 5,247,211.32 | 0.0016 | 0.0478 | 03/31/2026 |
| 5 | Jane Street Capital LLC | 0 | -2,430,203 | 0 | 0 | 0 | |
| 6 | Goldman Sachs & Co. LLC (Private Banking) | 349,728 | -2,093,531 | 4,714,333.44 | 0.0015 | 0.043 | 03/31/2026 |
| 7 | Two Sigma Advisers LP | 0 | -1,999,200 | 0 | 0 | 0 | |
| 8 | AQR Capital Management LLC | 393,647 | -1,652,328 | 5,306,361.56 | 0.0021 | 0.0483 | 03/31/2026 |
| 9 | Point72 Asset Management LP | 0 | -1,596,676 | 0 | 0 | 0 | |
| 10 | Oaktree Capital Management LP | 0 | -1,580,400 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.