| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | J.O. Hambro Capital Management Ltd. | 11,630,447 | 0 | 77,575,081.49 | 0.4532 | 9.6528 | 03/31/2025 |
| 2 | Renaissance Technologies LLC | 7,823,010 | -367,280 | 52,179,476.7 | 0.0797 | 6.4928 | 12/31/2025 |
| 3 | Athos Capital Ltd. | 7,230,359 | 7,230,359 | 48,226,494.53 | 10.0726 | 6.0009 | 12/31/2025 |
| 4 | Acadian Asset Management LLC | 6,271,105 | -358,567 | 41,828,270.35 | 0.0574 | 5.2048 | 12/31/2025 |
| 5 | The Vanguard Group, Inc. | 3,705,659 | -54,330 | 24,716,745.53 | 0.0003 | 3.0756 | 12/31/2025 |
| 6 | LSV Asset Management | 3,565,971 | 799,576 | 23,785,026.57 | 0.0377 | 2.9596 | 12/31/2025 |
| 7 | Rothschild & Co. Asset Management SCS | 3,292,798 | -11,013 | 21,962,962.66 | 0.1607 | 2.7329 | 10/31/2025 |
| 8 | Goldman Sachs & Co. LLC (Private Banking) | 3,199,145 | -4,642,166 | 21,338,297.15 | 0.0094 | 2.6552 | 12/31/2025 |
| 9 | BlackRock Fund Advisors | 2,428,859 | -357,955 | 16,200,489.53 | 0.0003 | 2.0159 | 12/31/2025 |
| 10 | Arrowstreet Capital LP | 2,205,218 | -934,924 | 14,708,804.06 | 0.0078 | 1.8303 | 12/31/2025 |
| 11 | D. E. Shaw & Co. LP | 2,193,216 | 1,389,990 | 14,628,750.72 | 0.0111 | 1.8203 | 12/31/2025 |
| 12 | Dimensional Fund Advisors LP | 2,042,313 | -364,589 | 13,622,227.71 | 0.0019 | 1.695 | 12/31/2025 |
| 13 | SSgA Funds Management, Inc. | 1,872,606 | -574,038 | 12,490,282.02 | 0.0004 | 1.5542 | 12/31/2025 |
| 14 | FIL Investment Advisors (UK) Ltd. | 1,618,439 | 0 | 10,794,988.13 | 0.0387 | 1.3432 | 12/31/2025 |
| 15 | Norges Bank Investment Management | 1,396,296 | -378,100 | 9,313,294.32 | 0.0006 | 1.1589 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | R-co Valor Fund | 2,917,865 | 0 | 19,462,159.55 | 0.2099 | 2.4217 | 10/31/2025 |
| 2 | Vanguard Total International Stock Index Fund | 1,658,658 | 0 | 11,063,248.86 | 0.0017 | 1.3766 | 01/31/2026 |
| 3 | Fidelity China Special Situations Plc | 1,618,439 | 0 | 10,794,988.13 | 0.4723 | 1.3432 | 10/31/2025 |
| 4 | Vanguard Emerging Markets Stock Index Fund | 1,572,496 | -65,499 | 10,488,548.32 | 0.0065 | 1.3051 | 01/31/2026 |
| 5 | iShares Core MSCI Emerging Markets ETF | 1,484,457 | 93,605 | 9,901,328.19 | 0.0068 | 1.232 | 01/30/2026 |
| 6 | Schwab Fundamental Emerging Markets Equity ETF | 1,050,629 | 552,422 | 7,007,695.43 | 0.0766 | 0.872 | 01/30/2026 |
| 7 | DFA Emerging Markets Core Equity 2 Portfolio | 988,334 | -202,234 | 6,592,187.78 | 0.017 | 0.8203 | 11/30/2025 |
| 8 | Avantis Emerging Markets Equity ETF | 984,218 | 221,962 | 6,564,734.06 | 0.0337 | 0.8169 | 01/30/2026 |
| 9 | Vanguard Institutional Total Intl. Stock Market Index Tr. II | 861,831 | 0 | 5,748,412.77 | 0.0018 | 0.7153 | 12/31/2025 |
| 10 | Fullgoal Intl. Fds. SICAV - China Small-Mid Cap Growth Fund | 780,574 | 0 | 5,206,428.58 | 1.069 | 0.6478 | 06/30/2025 |
| 11 | State Street SPDR S&P Kensho New Economies Composite ETF | 761,609 | -142,631 | 5,079,932.03 | 0.2028 | 0.6321 | 01/30/2026 |
| 12 | DFA Dimensional Emerging Markets Value Fund | 594,528 | -5,228 | 3,965,501.76 | 0.0263 | 0.4934 | 11/30/2025 |
| 13 | iShares plc - Core MSCI Emerging Markets IMI UCITS ETF | 519,336 | 53,903 | 3,463,971.12 | 0.0089 | 0.431 | 01/30/2026 |
| 14 | Fullgoal Global Consumption Selected Mixed Fund QDII | 473,262 | 0 | 3,156,657.54 | 0.8485 | 0.3928 | 06/30/2025 |
| 15 | Fullgoal Blue Chip Selection Equity Fund (QDII) | 460,000 | 0 | 3,068,200 | 1.2752 | 0.3818 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Athos Capital Ltd. | 7,230,359 | 7,230,359 | 48,226,494.53 | 10.0726 | 6.0009 | 12/31/2025 |
| 2 | D. E. Shaw & Co. LP | 2,193,216 | 1,389,990 | 14,628,750.72 | 0.0111 | 1.8203 | 12/31/2025 |
| 3 | Assenagon Asset Management SA (Germany) | 1,194,428 | 1,003,407 | 7,966,834.76 | 0.0111 | 0.9913 | 12/31/2025 |
| 4 | Qube Research & Technologies Ltd. | 889,912 | 803,698 | 5,935,713.04 | 0.0083 | 0.7386 | 12/31/2025 |
| 5 | LSV Asset Management | 3,565,971 | 799,576 | 23,785,026.57 | 0.0377 | 2.9596 | 12/31/2025 |
| 6 | Charles Schwab Investment Management, Inc. | 1,207,069 | 648,742 | 8,051,150.23 | 0.0009 | 1.0018 | 12/31/2025 |
| 7 | Capitolis Liquid Global Markets LLC | 477,600 | 477,600 | 3,185,592 | 0.0193 | 0.3964 | 12/31/2025 |
| 8 | Caxton Associates LLP | 404,169 | 404,169 | 2,695,807.23 | 0.0533 | 0.3354 | 12/31/2025 |
| 9 | JPMorgan Investment Management, Inc. | 394,992 | 388,013 | 2,634,596.64 | 0.0003 | 0.3278 | 12/31/2025 |
| 10 | UBS Securities LLC | 953,245 | 269,131 | 6,358,144.15 | 0.0026 | 0.7912 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Invesco Asset Management Ltd. | 0 | -5,621,400 | 0 | 0 | 0 | |
| 2 | Goldman Sachs & Co. LLC (Private Banking) | 3,199,145 | -4,642,166 | 21,338,297.15 | 0.0094 | 2.6552 | 12/31/2025 |
| 3 | Invesco Advisers, Inc. | 0 | -1,584,000 | 0 | 0 | 0 | |
| 4 | Causeway Capital Management LLC | 889,397 | -1,456,827 | 5,932,277.99 | 0.011 | 0.7382 | 12/31/2025 |
| 5 | Morgan Stanley & Co. LLC | 989,027 | -1,222,950 | 6,596,810.09 | 0.0023 | 0.8209 | 12/31/2025 |
| 6 | Arrowstreet Capital LP | 2,205,218 | -934,924 | 14,708,804.06 | 0.0078 | 1.8303 | 12/31/2025 |
| 7 | Walleye Capital LLC | 18,343 | -901,646 | 122,347.81 | 0.0005 | 0.0152 | 12/31/2025 |
| 8 | Marshall Wace LLP | 0 | -859,024 | 0 | 0 | 0 | |
| 9 | Jupiter Asset Management Ltd. | 0 | -828,200 | 0 | 0 | 0 | |
| 10 | SSgA Funds Management, Inc. | 1,872,606 | -574,038 | 12,490,282.02 | 0.0004 | 1.5542 | 12/31/2025 |
Data provided by FactSet Research Systems Inc.