| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | First Beijing Investment Ltd. | 9,346,501 | 3,890,123 | 517,328,830.35 | 16.6402 | 5.7155 | 09/30/2025 |
| 2 | GIC Pte Ltd. (Investment Management) | 6,434,718 | 885,873 | 356,161,641.3 | 0.4889 | 3.9349 | 06/30/2025 |
| 3 | Morgan Stanley & Co. LLC | 3,654,506 | -1,495,966 | 202,276,907.1 | 0.0696 | 2.2348 | 09/30/2025 |
| 4 | Renaissance Technologies LLC | 3,261,454 | 160,900 | 180,521,478.9 | 0.2393 | 1.9944 | 09/30/2025 |
| 5 | Goldman Sachs & Co. LLC (Private Banking) | 2,002,583 | -291,871 | 110,842,969.05 | 0.0484 | 1.2246 | 09/30/2025 |
| 6 | Bank of America, NA (Private Banking) | 1,888,832 | -372,440 | 104,546,851.2 | 0.0321 | 1.155 | 09/30/2025 |
| 7 | Discerene Group LP | 1,580,514 | 0 | 87,481,449.9 | 8.5926 | 0.9665 | 09/30/2025 |
| 8 | Alkeon Capital Management LLC | 1,447,986 | 358,500 | 80,146,025.1 | 0.3425 | 0.8855 | 09/30/2025 |
| 9 | UBS Securities LLC | 1,406,514 | -2,481,793 | 77,850,549.9 | 0.032 | 0.8601 | 09/30/2025 |
| 10 | Rothschild & Co. Asset Management SCS | 1,342,649 | 10,658 | 74,315,622.15 | 0.592 | 0.821 | 10/31/2025 |
| 11 | Greenwoods Investments SG Pte Ltd. | 1,328,218 | -67,821 | 73,516,866.3 | 1.7891 | 0.8122 | 09/30/2025 |
| 12 | JPMorgan Securities LLC (Investment Management) | 1,086,016 | -1,890,792 | 60,110,985.6 | 0.0295 | 0.6641 | 09/30/2025 |
| 13 | NBC Global Finance Ltd. | 916,300 | 224,000 | 50,717,205 | 0.2251 | 0.5603 | 09/30/2025 |
| 14 | Healthcare of Ontario Pension Plan | 888,100 | -1,212,400 | 49,156,335 | 0.089 | 0.5431 | 09/30/2025 |
| 15 | Principal Asset Management (S) Pte. Ltd. | 860,900 | 0 | 47,650,815 | 1.3279 | 0.5265 | 04/30/2024 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Government Pension Fund - Global (The) | 10,341,790 | 3,183,213 | 572,418,076.5 | 0.037 | 6.3241 | 06/30/2025 |
| 2 | R-co Valor Fund | 1,181,664 | 0 | 65,405,102.4 | 0.7719 | 0.7226 | 08/29/2025 |
| 3 | Invesco Developing Markets Fund | 1,166,389 | 1,166,389 | 64,559,631.15 | 0.6051 | 0.7133 | 10/31/2025 |
| 4 | Principal Islamic Asia Pacific Dynamic Equity Fund | 860,900 | 0 | 47,650,815 | 5.2185 | 0.5265 | 04/30/2024 |
| 5 | Invesco Far Eastern Invt. Ser. - Asian Fund (UK) | 793,449 | 793,449 | 43,917,402.15 | 1.1315 | 0.4852 | 11/28/2025 |
| 6 | ACAP Strategic Fund | 714,398 | 177,182 | 39,541,929.3 | 0.3688 | 0.4369 | 09/30/2025 |
| 7 | Schroder ISF - Asian Opportunities | 551,267 | 0 | 30,512,628.45 | 0.4839 | 0.3371 | 10/31/2025 |
| 8 | Invesco Funds - Asian Equity Fund | 468,280 | 468,280 | 25,919,298 | 0.7292 | 0.2864 | 11/28/2025 |
| 9 | Macquarie Emerging Markets Fund | 450,000 | -350,000 | 24,907,500 | 0.302 | 0.2752 | 10/31/2025 |
| 10 | Fidelity Inv. Trust - Emerging Markets Opportunities Fund | 408,577 | 408,577 | 22,614,736.95 | 0.0867 | 0.2499 | 10/31/2025 |
| 11 | UBS Lux Equity Fund - China Opportunity USD | 392,421 | 0 | 21,720,502.35 | 0.647 | 0.24 | 08/29/2025 |
| 12 | Advantage Advisers Xanthus Fund | 203,852 | 49,956 | 11,283,208.2 | 0.3486 | 0.1247 | 09/30/2025 |
| 13 | Amundi Funds - Emerging Markets Equity Focus | 178,819 | 0 | 9,897,631.65 | 0.2996 | 0.1094 | 06/30/2025 |
| 14 | Carmignac Emergents | 162,068 | 0 | 8,970,463.8 | 0.76 | 0.0991 | 03/31/2025 |
| 15 | FIAM Emerging Markets Opportunities Commingled Pool | 138,137 | 138,137 | 7,645,882.95 | 0.0985 | 0.0845 | 10/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | First Beijing Investment Ltd. | 9,346,501 | 3,890,123 | 517,328,830.35 | 16.6402 | 5.7155 | 09/30/2025 |
| 2 | GIC Pte Ltd. (Investment Management) | 6,434,718 | 885,873 | 356,161,641.3 | 0.4889 | 3.9349 | 06/30/2025 |
| 3 | Tiger Pacific Capital LP | 695,532 | 695,532 | 38,497,696.2 | 11.0235 | 0.4253 | 09/30/2025 |
| 4 | Orbis Investment Management Ltd. | 597,498 | 597,498 | 33,071,514.3 | 0.0843 | 0.3654 | 09/30/2025 |
| 5 | Monolith Management Ltd. (Hong Kong) | 506,046 | 506,046 | 28,009,646.1 | 12.5146 | 0.3095 | 09/30/2025 |
| 6 | Serenity Capital Management Pte Ltd. | 656,878 | 411,380 | 36,358,197.3 | 9.0357 | 0.4017 | 09/30/2025 |
| 7 | Alkeon Capital Management LLC | 1,447,986 | 358,500 | 80,146,025.1 | 0.3425 | 0.8855 | 09/30/2025 |
| 8 | Barclays Bank Plc (Private Banking) | 431,564 | 285,000 | 23,887,067.4 | 0.0119 | 0.2639 | 09/30/2025 |
| 9 | NBC Global Finance Ltd. | 916,300 | 224,000 | 50,717,205 | 0.2251 | 0.5603 | 09/30/2025 |
| 10 | Point72 Asset Management LP | 198,540 | 198,540 | 10,989,189 | 0.0202 | 0.1214 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | UBS Securities LLC | 1,406,514 | -2,481,793 | 77,850,549.9 | 0.032 | 0.8601 | 09/30/2025 |
| 2 | JPMorgan Securities LLC (Investment Management) | 1,086,016 | -1,890,792 | 60,110,985.6 | 0.0295 | 0.6641 | 09/30/2025 |
| 3 | Morgan Stanley & Co. LLC | 3,654,506 | -1,495,966 | 202,276,907.1 | 0.0696 | 2.2348 | 09/30/2025 |
| 4 | Fidelity Management & Research Co. LLC | 229,582 | -1,331,562 | 12,707,363.7 | 0.0007 | 0.1404 | 09/30/2025 |
| 5 | Healthcare of Ontario Pension Plan | 888,100 | -1,212,400 | 49,156,335 | 0.089 | 0.5431 | 09/30/2025 |
| 6 | BofA Securities, Inc. | 141,692 | -1,007,260 | 7,842,652.2 | 0.0136 | 0.0866 | 09/30/2025 |
| 7 | T. Rowe Price Singapore Pte Ltd. | 0 | -990,512 | 0 | 0 | 0 | |
| 8 | Norges Bank Investment Management | 623,886 | -814,956 | 34,532,090.1 | 0.0023 | 0.3815 | 06/30/2025 |
| 9 | Brilliance Asset Management Ltd. (China) | 244,534 | -771,937 | 13,534,956.9 | 5.8815 | 0.1495 | 09/30/2025 |
| 10 | Farallon Capital Management LLC | 565,150 | -740,000 | 31,281,052.5 | 0.1593 | 0.3456 | 09/30/2025 |
Data provided by FactSet Research Systems Inc.