| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | First Beijing Investment Ltd. | 10,105,965 | 759,464 | 552,695,225.85 | 14.3195 | 6.1799 | 12/31/2025 |
| 2 | GIC Pte Ltd. (Investment Management) | 6,434,718 | 0 | 351,914,727.42 | 0.4878 | 3.9349 | 06/30/2025 |
| 3 | Invesco Asset Management Ltd. | 4,007,630 | 4,007,630 | 219,177,284.7 | 0.2207 | 2.4507 | 12/31/2025 |
| 4 | Renaissance Technologies LLC | 3,002,664 | -258,790 | 164,215,694.16 | 0.2376 | 1.8362 | 12/31/2025 |
| 5 | Morgan Stanley & Co. LLC | 2,993,799 | -660,707 | 163,730,867.31 | 0.0548 | 1.8307 | 12/31/2025 |
| 6 | Discerene Group LP | 1,955,430 | 374,916 | 106,942,466.7 | 10.1611 | 1.1958 | 12/31/2025 |
| 7 | Point72 Asset Management LP | 1,754,094 | 1,555,554 | 95,931,400.86 | 0.1366 | 1.0727 | 12/31/2025 |
| 8 | Goldman Sachs & Co. LLC (Private Banking) | 1,702,726 | -299,857 | 93,122,084.94 | 0.0397 | 1.0412 | 12/31/2025 |
| 9 | Bank of America, NA (Private Banking) | 1,501,691 | -387,141 | 82,127,480.79 | 0.0233 | 0.9183 | 12/31/2025 |
| 10 | Alkeon Capital Management LLC | 1,447,986 | 0 | 79,190,354.34 | 0.2808 | 0.8855 | 12/31/2025 |
| 11 | Rothschild & Co. Asset Management SCS | 1,348,168 | 10,625 | 73,731,307.92 | 0.5432 | 0.8244 | 02/27/2026 |
| 12 | Greenwoods Investments SG Pte Ltd. | 1,328,218 | 0 | 72,640,242.42 | 1.7324 | 0.8122 | 12/31/2025 |
| 13 | Fidelity Management & Research Co. LLC | 924,315 | 694,733 | 50,550,787.35 | 0.0026 | 0.5652 | 12/31/2025 |
| 14 | Cederberg Capital Ltd. | 899,718 | 92,000 | 49,205,577.42 | 13.9218 | 0.5502 | 12/31/2025 |
| 15 | Healthcare of Ontario Pension Plan | 887,500 | -600 | 48,537,375 | 0.0748 | 0.5427 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Government Pension Fund - Global (The) | 9,024,666 | -1,317,124 | 493,558,983.54 | 0.0276 | 5.5187 | 12/31/2025 |
| 2 | Invesco Developing Markets Fund | 1,646,510 | 480,121 | 90,047,631.9 | 1.0251 | 1.0069 | 03/31/2026 |
| 3 | R-co Valor Fund | 1,181,664 | 0 | 64,625,204.16 | 0.6887 | 0.7226 | 12/31/2025 |
| 4 | Hermes Invt. Funds - Asia (ex-Japan) Equity Fund | 1,176,686 | 1,176,686 | 64,352,957.34 | 1.0117 | 0.7196 | 02/27/2026 |
| 5 | Invesco Far Eastern Invt. Ser. - Asian Fund (UK) | 1,107,635 | 540,275 | 60,576,558.15 | 1.4265 | 0.6773 | 03/31/2026 |
| 6 | Orbis SICAV - Emerging Markets Equity Fund | 806,305 | 806,305 | 44,096,820.45 | 1.3287 | 0.4931 | 12/31/2025 |
| 7 | ACAP Strategic Fund | 714,398 | 0 | 39,070,426.62 | 0.33 | 0.4369 | 12/31/2025 |
| 8 | Schroder ISF - Asian Opportunities | 714,347 | 163,080 | 39,067,637.43 | 0.5337 | 0.4368 | 02/28/2026 |
| 9 | AB Emerging Markets Opportunities ETF | 671,303 | 671,303 | 36,713,561.07 | 2.3891 | 0.4105 | 03/31/2026 |
| 10 | Invesco Funds - Asian Equity Fund | 524,262 | 369,334 | 28,671,888.78 | 0.6712 | 0.3206 | 03/31/2026 |
| 11 | Strategic Advisers Fidelity Emerging Markets Fund | 428,860 | 428,860 | 23,454,353.4 | 0.0658 | 0.2623 | 02/28/2026 |
| 12 | UBS Lux Equity Fund - China Opportunity USD | 392,421 | 0 | 21,461,504.49 | 0.658 | 0.24 | 01/30/2026 |
| 13 | Fidelity Inv. Trust - Emerging Markets Opportunities Fund | 382,584 | -25,993 | 20,923,518.96 | 0.0713 | 0.234 | 02/28/2026 |
| 14 | Fidelity Series Emerging Markets Fund | 372,700 | 372,700 | 20,382,963 | 0.2711 | 0.2279 | 02/28/2026 |
| 15 | Advantage Advisers Xanthus Fund | 203,852 | 0 | 11,148,665.88 | 0.3296 | 0.1247 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Invesco Asset Management Ltd. | 4,007,630 | 4,007,630 | 219,177,284.7 | 0.2207 | 2.4507 | 12/31/2025 |
| 2 | Point72 Asset Management LP | 1,754,094 | 1,555,554 | 95,931,400.86 | 0.1366 | 1.0727 | 12/31/2025 |
| 3 | UBS Asset Management (Americas) LLC | 816,640 | 816,640 | 44,662,041.6 | 0.0264 | 0.4994 | 12/31/2025 |
| 4 | First Beijing Investment Ltd. | 10,105,965 | 759,464 | 552,695,225.85 | 14.3195 | 6.1799 | 12/31/2025 |
| 5 | UBS Asset Management Switzerland AG | 742,772 | 742,772 | 40,622,200.68 | 0.0111 | 0.4542 | 12/31/2025 |
| 6 | Hermes Investment Management Ltd. | 742,249 | 736,934 | 40,593,597.81 | 0.225 | 0.4539 | 12/31/2025 |
| 7 | Fidelity Management & Research Co. LLC | 924,315 | 694,733 | 50,550,787.35 | 0.0026 | 0.5652 | 12/31/2025 |
| 8 | Invesco Advisers, Inc. | 527,456 | 527,456 | 28,846,568.64 | 0.0115 | 0.3225 | 12/31/2025 |
| 9 | Bright Valley Capital Ltd. | 525,961 | 525,961 | 28,764,807.09 | 18.4157 | 0.3216 | 12/31/2025 |
| 10 | Southeastern Asset Management, Inc. | 379,561 | 379,561 | 20,758,191.09 | 0.7797 | 0.2321 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | JPMorgan Securities LLC (Investment Management) | 93,917 | -992,099 | 5,136,320.73 | 0.0033 | 0.0574 | 12/31/2025 |
| 2 | Principal Asset Management (S) Pte. Ltd. | 0 | -860,900 | 0 | 0 | 0 | |
| 3 | UBS Securities LLC | 594,063 | -812,451 | 32,489,305.47 | 0.0127 | 0.3633 | 12/31/2025 |
| 4 | Morgan Stanley & Co. LLC | 2,993,799 | -660,707 | 163,730,867.31 | 0.0548 | 1.8307 | 12/31/2025 |
| 5 | NBC Global Finance Ltd. | 268,400 | -647,900 | 14,678,796 | 0.0647 | 0.1641 | 12/31/2025 |
| 6 | Norges Bank Investment Management | 0 | -623,886 | 0 | 0 | 0 | |
| 7 | Wellington Management Co. LLP | 0 | -392,057 | 0 | 0 | 0 | |
| 8 | Bank of America, NA (Private Banking) | 1,501,691 | -387,141 | 82,127,480.79 | 0.0233 | 0.9183 | 12/31/2025 |
| 9 | Farallon Capital Management LLC | 196,000 | -369,150 | 10,719,240 | 0.0587 | 0.1199 | 12/31/2025 |
| 10 | Nomura Investment Management Business Trust | 474,426 | -342,422 | 25,946,357.94 | 0.0325 | 0.2901 | 12/31/2025 |
Data provided by FactSet Research Systems Inc.