| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Baillie Gifford & Co. | 4,673,083 | -358,131 | 337,490,054.26 | 0.222 | 2.4593 | 12/31/2025 |
| 2 | Pzena Investment Management LLC | 2,705,734 | 1,025,088 | 195,408,109.48 | 0.3158 | 1.424 | 12/31/2025 |
| 3 | Sands Capital Management LLC | 1,948,761 | 266,748 | 140,739,519.42 | 0.3722 | 1.0256 | 12/31/2025 |
| 4 | FIL Investments International | 1,799,956 | -910,817 | 129,992,822.32 | 0.0947 | 0.9473 | 12/31/2025 |
| 5 | Schroder Investment Management Ltd. | 1,503,898 | 377,089 | 108,611,513.56 | 0.0459 | 0.7915 | 12/31/2025 |
| 6 | Southpoint Capital Advisors LP | 1,500,000 | 250,000 | 108,330,000 | 2.4537 | 0.7894 | 12/31/2025 |
| 7 | Fidelity Management & Research Co. LLC | 1,103,823 | -186,408 | 79,718,097.06 | 0.0048 | 0.5809 | 12/31/2025 |
| 8 | Fidelity Management & Research (Hong Kong) Ltd. | 1,102,900 | -37,800 | 79,651,438 | 0.5724 | 0.5804 | 01/31/2026 |
| 9 | VR Advisory Services (USA) LLC | 1,077,369 | 0 | 77,807,589.18 | 12.2113 | 0.567 | 12/31/2025 |
| 10 | Samlyn Capital LLC | 1,059,191 | 45,889 | 76,494,774.02 | 1.4063 | 0.5574 | 12/31/2025 |
| 11 | Strategic Advisers LLC | 1,054,110 | -100,394 | 76,127,824.2 | 0.0247 | 0.5547 | 01/31/2026 |
| 12 | BIT Capital GmbH | 1,014,104 | 199,941 | 73,238,590.88 | 3.6719 | 0.5337 | 12/31/2025 |
| 13 | Columbia Management Investment Advisers LLC | 785,912 | 732,220 | 56,758,564.64 | 0.0142 | 0.4136 | 12/31/2025 |
| 14 | FIL Investment Advisors (UK) Ltd. | 731,209 | -133,672 | 52,807,913.98 | 0.21 | 0.3848 | 12/31/2025 |
| 15 | Greenvale Capital LLP | 650,000 | -500,000 | 46,943,000 | 3.4129 | 0.3421 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Fidelity Emerging Markets Fund | 1,102,900 | -37,800 | 79,651,438 | 0.8742 | 0.5804 | 01/31/2026 |
| 2 | Strategic Advisers Fidelity Emerging Markets Fund | 1,054,110 | -100,394 | 76,127,824.2 | 0.2352 | 0.5547 | 01/31/2026 |
| 3 | Advisors Series Tr. - Pzena Emerging Markets Value Fund | 633,758 | 12,570 | 45,770,002.76 | 1.3552 | 0.3335 | 11/30/2025 |
| 4 | Polar Capital Funds Plc - Emerging Market Stars Fund | 602,578 | 76,771 | 43,518,183.16 | 1.0876 | 0.3171 | 01/30/2026 |
| 5 | Fidelity Funds SICAV - Emerging Markets Fund | 594,829 | -215,449 | 42,958,550.38 | 1.2775 | 0.313 | 01/31/2026 |
| 6 | American Funds New World Fund | 518,470 | 108,691 | 37,443,903.4 | 0.054 | 0.2729 | 12/31/2025 |
| 7 | BIT Global Technology Leaders | 497,803 | 0 | 35,951,332.66 | 3.6585 | 0.262 | 06/30/2025 |
| 8 | Schroder ISF - Emerging Europe | 489,354 | 15,370 | 35,341,145.88 | 2.3427 | 0.2575 | 01/31/2026 |
| 9 | Baillie Gifford Overseas Growth Fund - Pacific Fund | 462,196 | -46,314 | 33,379,795.12 | 0.8314 | 0.2432 | 02/28/2026 |
| 10 | Ranmore Global Equity Fund Plc | 452,558 | 452,558 | 32,683,738.76 | 1.7427 | 0.2382 | 11/30/2025 |
| 11 | Schroder ISF - Global Emerging Market Opportunities | 440,416 | 70,055 | 31,806,843.52 | 1.1425 | 0.2318 | 01/31/2026 |
| 12 | Sands Capital Funds Plc - Emerging Markets Growth Fund | 437,875 | 522 | 31,623,332.5 | 1.7194 | 0.2304 | 09/30/2025 |
| 13 | Columbia Overseas Value Fund | 418,574 | 418,574 | 30,229,414.28 | 0.4685 | 0.2203 | 01/31/2026 |
| 14 | Coeli SICAV I - Frontier Markets | 393,826 | 200,500 | 28,442,113.72 | 9.1767 | 0.2073 | 02/27/2026 |
| 15 | Columbia Variable Portfolio - Overseas Core Fund | 378,095 | 378,095 | 27,306,020.9 | 0.7391 | 0.199 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Pzena Investment Management LLC | 2,705,734 | 1,025,088 | 195,408,109.48 | 0.3158 | 1.424 | 12/31/2025 |
| 2 | Columbia Management Investment Advisers LLC | 785,912 | 732,220 | 56,758,564.64 | 0.0142 | 0.4136 | 12/31/2025 |
| 3 | Brandes Investment Partners LP | 558,071 | 558,071 | 40,303,887.62 | 0.1672 | 0.2937 | 12/31/2025 |
| 4 | Ranmore Fund Management Ltd. | 452,558 | 452,558 | 32,683,738.76 | 1.8207 | 0.2382 | 12/31/2025 |
| 5 | Wellington Management Co. LLP | 578,922 | 378,755 | 41,809,746.84 | 0.0073 | 0.3047 | 12/31/2025 |
| 6 | Threadneedle Asset Management Ltd. | 378,095 | 378,095 | 27,306,020.9 | 0.039 | 0.199 | 12/31/2025 |
| 7 | Schroder Investment Management Ltd. | 1,503,898 | 377,089 | 108,611,513.56 | 0.0459 | 0.7915 | 12/31/2025 |
| 8 | DWS Investments (UK) Ltd. | 334,910 | 334,910 | 24,187,200.2 | 0.0108 | 0.1763 | 12/31/2025 |
| 9 | Balyasny Asset Management LP | 319,737 | 319,737 | 23,091,406.14 | 0.047 | 0.1683 | 12/31/2025 |
| 10 | TT International Asset Management Ltd. | 286,939 | 286,939 | 20,722,734.58 | 1.3474 | 0.151 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Schroder Investment Management North America, Inc. | 0 | -1,389,030 | 0 | 0 | 0 | |
| 2 | GQG Partners LLC | 126,522 | -1,350,129 | 9,137,418.84 | 0.0071 | 0.0666 | 09/30/2025 |
| 3 | FIL Investments International | 1,799,956 | -910,817 | 129,992,822.32 | 0.0947 | 0.9473 | 12/31/2025 |
| 4 | Mawer Investment Management Ltd. | 72,791 | -732,733 | 5,256,966.02 | 0.0141 | 0.0383 | 12/31/2025 |
| 5 | AllianceBernstein LP | 6,736 | -598,962 | 486,473.92 | 0.0002 | 0.0035 | 08/28/2025 |
| 6 | Greenvale Capital LLP | 650,000 | -500,000 | 46,943,000 | 3.4129 | 0.3421 | 12/31/2025 |
| 7 | BlackRock Investment Management (UK) Ltd. | 604,924 | -477,385 | 43,687,611.28 | 0.0056 | 0.3184 | 12/31/2025 |
| 8 | Baillie Gifford & Co. | 4,673,083 | -358,131 | 337,490,054.26 | 0.222 | 2.4593 | 12/31/2025 |
| 9 | BlackRock Advisors LLC | 41,050 | -355,723 | 2,964,631 | 0.0014 | 0.0216 | 12/31/2025 |
| 10 | Amova Asset Management Co., Ltd. | 0 | -299,625 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.