| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Alpine Investment Management Ltd. | 12,404,000 | 8,179,000 | 16,621,360 | 7.1304 | 1.48 | 03/31/2026 |
| 2 | Vanguard Capital Management LLC | 9,701,707 | 9,701,707 | 13,000,287.38 | 0.0002 | 1.1576 | 03/31/2026 |
| 3 | Baillie Gifford & Co. | 8,186,456 | -220,840 | 10,969,851.04 | 0.0068 | 0.9768 | 03/31/2026 |
| 4 | Acadian Asset Management LLC | 5,945,969 | -1,406,942 | 7,967,598.46 | 0.0088 | 0.7095 | 03/31/2026 |
| 5 | Charles Schwab Investment Management, Inc. | 4,877,374 | -684,406 | 6,535,681.16 | 0.0001 | 0.582 | 03/31/2026 |
| 6 | BlackRock Fund Advisors | 4,732,425 | 269,653 | 6,341,449.5 | 0.0001 | 0.5647 | 03/31/2026 |
| 7 | Fidelity Management & Research (Hong Kong) Ltd. | 3,947,300 | 0 | 5,289,382 | 0.0309 | 0.471 | 04/30/2026 |
| 8 | Fidelity Management & Research (Japan) Ltd. | 3,947,300 | 1,730,718 | 5,289,382 | 0.3118 | 0.471 | 03/31/2026 |
| 9 | Norges Bank Investment Management | 3,151,227 | 1,385,186 | 4,222,644.18 | 0.0002 | 0.376 | 12/31/2025 |
| 10 | Vanguard Fiduciary Trust Co. | 2,616,288 | -71,857 | 3,505,825.92 | 0.0005 | 0.3122 | 03/31/2026 |
| 11 | SSgA Funds Management, Inc. | 2,299,420 | -2,358,464 | 3,081,222.8 | 0.0001 | 0.2744 | 03/31/2026 |
| 12 | Legal & General Investment Management Ltd. | 1,538,855 | 782,872 | 2,062,065.7 | 0.0007 | 0.1836 | 03/31/2026 |
| 13 | Pacific Investment Management Co. LLC | 1,103,972 | -149,337 | 1,479,322.48 | 0.0042 | 0.1317 | 03/31/2026 |
| 14 | BlackRock Advisors (UK) Ltd. | 829,196 | 76,794 | 1,111,122.64 | 0.0001 | 0.0989 | 03/31/2026 |
| 15 | UBS Securities LLC | 826,341 | -204,939 | 1,107,296.94 | 0.0004 | 0.0986 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Vanguard Total International Stock Index Fund | 4,500,113 | 0 | 6,030,151.42 | 0.0009 | 0.5369 | 04/30/2026 |
| 2 | Vanguard Emerging Markets Stock Index Fund | 4,221,928 | 120,158 | 5,657,383.52 | 0.0034 | 0.5038 | 04/30/2026 |
| 3 | Fidelity Inv. Trust - Pacific Basin Fund | 3,947,300 | 0 | 5,289,382 | 0.4456 | 0.471 | 04/30/2026 |
| 4 | Schwab Fundamental Emerging Markets Equity ETF | 3,831,933 | -630,914 | 5,134,790.22 | 0.0553 | 0.4572 | 05/29/2026 |
| 5 | iShares Core MSCI Emerging Markets ETF | 2,833,474 | 236,430 | 3,796,855.16 | 0.0025 | 0.3381 | 05/29/2026 |
| 6 | Vanguard Institutional Total Intl. Stock Market Index Tr. II | 2,253,534 | -51,198 | 3,019,735.56 | 0.0009 | 0.2689 | 04/30/2026 |
| 7 | Pacific Horizon Investment Trust Plc | 1,927,297 | -194,661 | 2,582,577.98 | 0.194 | 0.23 | 03/31/2026 |
| 8 | PIMCO RAE Emerging Markets Fund | 921,768 | -111,850 | 1,235,169.12 | 0.044 | 0.11 | 03/31/2026 |
| 9 | R-co 2 SICAV - Thematic Blockchain Global Equity | 790,544 | 0 | 1,059,328.96 | 0.7067 | 0.0943 | 02/27/2026 |
| 10 | State Street SPDR S&P Kensho New Economies Composite ETF | 751,746 | -773,611 | 1,007,339.64 | 0.0374 | 0.0897 | 05/29/2026 |
| 11 | Vanguard FTSE All World (ex-US) Index Fund | 688,126 | 37,178 | 922,088.84 | 0.001 | 0.0821 | 04/30/2026 |
| 12 | Schwab Fundamental Emerging Markets Equity Index Fund | 680,622 | -71,541 | 912,033.48 | 0.0537 | 0.0812 | 04/30/2026 |
| 13 | iShares plc - Core MSCI Emerging Markets IMI UCITS ETF | 618,505 | 69,892 | 828,796.7 | 0.0019 | 0.0738 | 05/29/2026 |
| 14 | Invesco RAFI Emerging Markets ETF | 427,204 | -92,929 | 572,453.36 | 0.0297 | 0.051 | 05/29/2026 |
| 15 | Schwab Emerging Markets Equity ETF | 364,819 | -44,331 | 488,857.46 | 0.0039 | 0.0435 | 05/29/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Vanguard Capital Management LLC | 9,701,707 | 9,701,707 | 13,000,287.38 | 0.0002 | 1.1576 | 03/31/2026 |
| 2 | Alpine Investment Management Ltd. | 12,404,000 | 8,179,000 | 16,621,360 | 7.1304 | 1.48 | 03/31/2026 |
| 3 | Fidelity Management & Research (Japan) Ltd. | 3,947,300 | 1,730,718 | 5,289,382 | 0.3118 | 0.471 | 03/31/2026 |
| 4 | Norges Bank Investment Management | 3,151,227 | 1,385,186 | 4,222,644.18 | 0.0002 | 0.376 | 12/31/2025 |
| 5 | Legal & General Investment Management Ltd. | 1,538,855 | 782,872 | 2,062,065.7 | 0.0007 | 0.1836 | 03/31/2026 |
| 6 | Two Sigma Investments LP | 430,676 | 430,676 | 577,105.84 | 0.0004 | 0.0514 | 03/31/2026 |
| 7 | Barometer Capital Management, Inc. | 534,700 | 391,200 | 716,498 | 0.2 | 0.0638 | 03/31/2026 |
| 8 | Mellon Investments Corp. | 315,500 | 315,500 | 422,770 | 0.0001 | 0.0376 | 03/31/2026 |
| 9 | BlackRock Fund Advisors | 4,732,425 | 269,653 | 6,341,449.5 | 0.0001 | 0.5647 | 03/31/2026 |
| 10 | Morgan Stanley & Co. LLC | 441,967 | 180,079 | 592,235.78 | 0.0002 | 0.0527 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | The Vanguard Group, Inc. | 0 | -9,457,256 | 0 | 0 | 0 | |
| 2 | Tiger Pacific Capital LP | 0 | -5,472,835 | 0 | 0 | 0 | |
| 3 | SSgA Funds Management, Inc. | 2,299,420 | -2,358,464 | 3,081,222.8 | 0.0001 | 0.2744 | 03/31/2026 |
| 4 | State Street Global Advisors Ltd. | 103,347 | -1,508,642 | 138,484.98 | 0.0001 | 0.0123 | 05/29/2026 |
| 5 | Acadian Asset Management LLC | 5,945,969 | -1,406,942 | 7,967,598.46 | 0.0088 | 0.7095 | 03/31/2026 |
| 6 | Renaissance Technologies LLC | 0 | -1,347,319 | 0 | 0 | 0 | |
| 7 | Two Sigma Advisers LP | 0 | -989,662 | 0 | 0 | 0 | |
| 8 | Marshall Wace LLP | 0 | -985,283 | 0 | 0 | 0 | |
| 9 | Citadel Securities LLC | 0 | -851,788 | 0 | 0 | 0 | |
| 10 | Jane Street Capital LLC | 798,785 | -721,676 | 1,070,371.9 | 0.001 | 0.0953 | 03/31/2026 |
Data provided by FactSet Research Systems Inc.