| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Baillie Gifford & Co. | 5,031,214 | -228,819 | 367,328,934.14 | 0.1814 | 2.6478 | 06/30/2025 |
| 2 | FIL Investments International | 2,710,773 | -266,178 | 197,913,536.73 | 0.1364 | 1.4266 | 06/30/2025 |
| 3 | Sands Capital Management LLC | 1,682,013 | 370,556 | 122,803,769.13 | 0.2552 | 0.8852 | 06/30/2025 |
| 4 | Pzena Investment Management LLC | 1,680,646 | 247,665 | 122,703,964.46 | 0.203 | 0.8845 | 06/30/2025 |
| 5 | GQG Partners LLC | 1,476,651 | -253,512 | 107,810,289.51 | 0.0828 | 0.7771 | 06/30/2025 |
| 6 | Schroder Investment Management North America, Inc. | 1,389,030 | 1,389,030 | 101,413,080.3 | 0.1038 | 0.731 | 06/30/2025 |
| 7 | Fidelity Management & Research Co. LLC | 1,290,231 | 257,447 | 94,199,765.31 | 0.0052 | 0.679 | 06/30/2025 |
| 8 | Southpoint Capital Advisors LP | 1,250,000 | 0 | 91,262,500 | 2.0161 | 0.6578 | 06/30/2025 |
| 9 | Strategic Advisers LLC | 1,154,504 | 1,154,502 | 84,290,337.04 | 0.0275 | 0.6076 | 08/31/2025 |
| 10 | Greenvale Capital LLP | 1,150,000 | 0 | 83,961,500 | 5.8832 | 0.6052 | 06/30/2025 |
| 11 | Fidelity Management & Research (Hong Kong) Ltd. | 1,140,700 | 258,500 | 83,282,507 | 0.5956 | 0.6003 | 08/31/2025 |
| 12 | Schroder Investment Management Ltd. | 1,127,047 | -232,223 | 82,285,701.47 | 0.0545 | 0.5931 | 08/31/2025 |
| 13 | BlackRock Investment Management (UK) Ltd. | 1,082,309 | -449,368 | 79,019,380.09 | 0.01 | 0.5696 | 06/30/2025 |
| 14 | VR Advisory Services (USA) LLC | 1,077,369 | 121,907 | 78,658,710.69 | 19.3114 | 0.567 | 06/30/2025 |
| 15 | Samlyn Capital LLC | 1,013,302 | -226,945 | 73,981,179.02 | 1.0581 | 0.5333 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Strategic Advisers Fidelity Emerging Markets Fund | 1,154,504 | 132,767 | 84,290,337.04 | 0.2658 | 0.6076 | 08/31/2025 |
| 2 | Fidelity Emerging Markets Fund | 1,140,700 | 258,500 | 83,282,507 | 0.8655 | 0.6003 | 08/31/2025 |
| 3 | GQG Partners Emerging Markets Equity Fund | 891,917 | -135,202 | 65,118,860.17 | 0.2701 | 0.4694 | 06/30/2025 |
| 4 | Fidelity Funds SICAV - Emerging Markets Fund | 810,278 | -305,313 | 59,158,396.78 | 1.7987 | 0.4264 | 08/31/2025 |
| 5 | Fidelity Institutional Funds - Emerging Markets Fund | 636,232 | 0 | 46,451,298.32 | 2.4466 | 0.3348 | 02/28/2025 |
| 6 | Advisors Series Tr. - Pzena Emerging Markets Value Fund | 621,188 | 406,274 | 45,352,935.88 | 1.5006 | 0.3269 | 08/31/2025 |
| 7 | BIT Global Technology Leaders | 578,844 | 0 | 42,261,400.44 | 3.8904 | 0.3046 | 12/31/2024 |
| 8 | Polar Capital Funds Plc - Emerging Market Stars Fund | 525,807 | 343,571 | 38,389,169.07 | 0.9651 | 0.2767 | 08/29/2025 |
| 9 | American Funds New World Fund | 519,694 | 109,915 | 37,942,858.94 | 0.0529 | 0.2735 | 09/30/2025 |
| 10 | Baillie Gifford Overseas Growth Fund - Pacific Fund | 476,289 | -207,999 | 34,773,859.89 | 0.9216 | 0.2507 | 09/30/2025 |
| 11 | Schroder ISF - Emerging Europe | 473,984 | 210,213 | 34,605,571.84 | 2.5041 | 0.2494 | 08/31/2025 |
| 12 | Sands Capital Funds Plc - Emerging Markets Growth Fund | 437,353 | 109,138 | 31,931,142.53 | 1.607 | 0.2302 | 06/30/2025 |
| 13 | Baillie Gifford Emerging Markets Equities Fund | 381,085 | -17,043 | 27,823,015.85 | 0.3815 | 0.2006 | 09/30/2025 |
| 14 | Schroder ISF - Global Emerging Market Opportunities | 370,361 | 65,485 | 27,040,056.61 | 1.1099 | 0.1949 | 08/31/2025 |
| 15 | Fidelity Invt. Funds - Special Situations Fund | 308,442 | 0 | 22,519,350.42 | 0.4769 | 0.1623 | 08/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Schroder Investment Management North America, Inc. | 1,389,030 | 1,389,030 | 101,413,080.3 | 0.1038 | 0.731 | 06/30/2025 |
| 2 | Strategic Advisers LLC | 1,154,504 | 1,154,502 | 84,290,337.04 | 0.0275 | 0.6076 | 08/31/2025 |
| 3 | Polar Capital LLP | 587,774 | 381,332 | 42,913,379.74 | 0.1141 | 0.3093 | 06/30/2025 |
| 4 | Sands Capital Management LLC | 1,682,013 | 370,556 | 122,803,769.13 | 0.2552 | 0.8852 | 06/30/2025 |
| 5 | Fidelity Management & Research (Hong Kong) Ltd. | 1,140,700 | 258,500 | 83,282,507 | 0.5956 | 0.6003 | 08/31/2025 |
| 6 | Fidelity Management & Research Co. LLC | 1,290,231 | 257,447 | 94,199,765.31 | 0.0052 | 0.679 | 06/30/2025 |
| 7 | Pzena Investment Management LLC | 1,680,646 | 247,665 | 122,703,964.46 | 0.203 | 0.8845 | 06/30/2025 |
| 8 | Coronation Asset Management (Pty) Ltd. | 516,697 | 205,385 | 37,724,047.97 | 0.26 | 0.2719 | 06/30/2025 |
| 9 | Trigon Asset Management AS | 500,120 | 202,325 | 36,513,761.2 | 3.7743 | 0.2632 | 06/30/2025 |
| 10 | Southeastern Asset Management, Inc. | 188,806 | 188,806 | 13,784,726.06 | 0.508 | 0.0994 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | BlackRock Investment Management (UK) Ltd. | 1,082,309 | -449,368 | 79,019,380.09 | 0.01 | 0.5696 | 06/30/2025 |
| 2 | BlackRock Advisors LLC | 396,773 | -422,927 | 28,968,396.73 | 0.0123 | 0.2088 | 06/30/2025 |
| 3 | FIL Investments International | 2,710,773 | -266,178 | 197,913,536.73 | 0.1364 | 1.4266 | 06/30/2025 |
| 4 | Ninety One UK Ltd. | 206,743 | -264,370 | 15,094,306.43 | 0.0247 | 0.1088 | 09/30/2025 |
| 5 | GQG Partners LLC | 1,476,651 | -253,512 | 107,810,289.51 | 0.0828 | 0.7771 | 06/30/2025 |
| 6 | Schroder Investment Management Ltd. | 1,127,047 | -232,223 | 82,285,701.47 | 0.0545 | 0.5931 | 08/31/2025 |
| 7 | Park West Asset Management LLC | 290,028 | -230,636 | 21,174,944.28 | 1.4978 | 0.1526 | 06/30/2025 |
| 8 | Baillie Gifford & Co. | 5,031,214 | -228,819 | 367,328,934.14 | 0.1814 | 2.6478 | 06/30/2025 |
| 9 | Samlyn Capital LLC | 1,013,302 | -226,945 | 73,981,179.02 | 1.0581 | 0.5333 | 06/30/2025 |
| 10 | BlackRock Asset Management North Asia Ltd. | 61,630 | -210,336 | 4,499,606.3 | 0.0116 | 0.0324 | 09/30/2025 |
Data provided by FactSet Research Systems Inc.