| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Susquehanna Financial Group LLLP | 16,492,230 | -2,400 | 87,243,896.7 | 0.1233 | 11.774 | 12/31/2025 |
| 2 | Acadian Asset Management LLC | 4,181,715 | -1,257,311 | 22,121,272.35 | 0.0308 | 2.9854 | 12/31/2025 |
| 3 | Bank of America, NA (Private Banking) | 3,606,935 | 13,198 | 19,080,686.15 | 0.0057 | 2.575 | 12/31/2025 |
| 4 | Causeway Capital Management LLC | 2,761,927 | 410,724 | 14,610,593.83 | 0.0287 | 1.9718 | 12/31/2025 |
| 5 | Morgan Stanley & Co. LLC | 2,697,481 | 493,730 | 14,269,674.49 | 0.0051 | 1.9258 | 12/31/2025 |
| 6 | Qube Research & Technologies Ltd. | 2,463,779 | 1,832,075 | 13,033,390.91 | 0.0182 | 1.7589 | 12/31/2025 |
| 7 | BlackRock Fund Advisors | 2,319,933 | -214,644 | 12,272,445.57 | 0.0002 | 1.6562 | 12/31/2025 |
| 8 | SSgA Funds Management, Inc. | 2,080,720 | -1,824,259 | 11,007,008.8 | 0.0004 | 1.4854 | 12/31/2025 |
| 9 | Arrowstreet Capital LP | 1,968,404 | -498,556 | 10,412,857.16 | 0.0056 | 1.4053 | 12/31/2025 |
| 10 | Goldman Sachs & Co. LLC (Private Banking) | 1,958,106 | 227,265 | 10,358,380.74 | 0.0046 | 1.3979 | 12/31/2025 |
| 11 | Dimensional Fund Advisors LP | 1,943,313 | -202,454 | 10,280,125.77 | 0.0014 | 1.3873 | 12/31/2025 |
| 12 | The Vanguard Group, Inc. | 1,888,002 | -1,709,633 | 9,987,530.58 | 0.0001 | 1.3479 | 12/31/2025 |
| 13 | Janus Henderson Investors UK Ltd. | 1,746,206 | 989,327 | 9,237,429.74 | 0.015 | 1.2466 | 12/31/2025 |
| 14 | Lazard Asset Management LLC | 1,432,708 | 1,143,731 | 7,579,025.32 | 0.0065 | 1.0228 | 12/31/2025 |
| 15 | American Century Investment Management, Inc. | 1,101,671 | -5,522 | 5,827,839.59 | 0.0021 | 0.7865 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Government Pension Fund - Global (The) | 1,744,251 | 0 | 9,227,087.79 | 0.0006 | 1.2452 | 06/30/2025 |
| 2 | iShares Core MSCI Emerging Markets ETF | 1,570,590 | 143,578 | 8,308,421.1 | 0.0059 | 1.1213 | 02/27/2026 |
| 3 | Henderson Far East Income Ltd. | 1,453,755 | 860,335 | 7,690,363.95 | 1.0934 | 1.0378 | 10/31/2025 |
| 4 | Avantis Emerging Markets Equity ETF | 1,023,368 | 257,936 | 5,413,616.72 | 0.0258 | 0.7306 | 02/27/2026 |
| 5 | DFA Emerging Markets Core Equity 2 Portfolio | 983,717 | 0 | 5,203,862.93 | 0.0139 | 0.7023 | 12/31/2025 |
| 6 | Vanguard Total International Stock Index Fund | 832,799 | -714,487 | 4,405,506.71 | 0.0007 | 0.5945 | 01/31/2026 |
| 7 | Vanguard Emerging Markets Stock Index Fund | 760,745 | -874,992 | 4,024,341.05 | 0.0026 | 0.5431 | 01/31/2026 |
| 8 | JNL Multi Manager International Small Cap Fund | 667,922 | 0 | 3,533,307.38 | 0.4714 | 0.4768 | 12/31/2025 |
| 9 | State Street SPDR S&P Kensho New Economies Composite ETF | 579,465 | -329,856 | 3,065,369.85 | 0.1233 | 0.4137 | 02/27/2026 |
| 10 | State Street AUT Emerging Market Tilted Index Equity Fund | 492,900 | 492,900 | 2,607,441 | 0.0253 | 0.3519 | 12/31/2025 |
| 11 | Causeway International Small Cap Fund | 488,064 | -5,350 | 2,581,858.56 | 0.7987 | 0.3484 | 12/31/2025 |
| 12 | Vanguard Institutional Total Intl. Stock Market Index Tr. II | 432,845 | -354,812 | 2,289,750.05 | 0.0007 | 0.309 | 01/31/2026 |
| 13 | iShares plc - Core MSCI Emerging Markets IMI UCITS ETF | 401,220 | 57,704 | 2,122,453.8 | 0.0054 | 0.2864 | 02/27/2026 |
| 14 | DFA Dimensional Emerging Markets Value Fund | 399,473 | -73,055 | 2,113,212.17 | 0.0145 | 0.2852 | 12/31/2025 |
| 15 | Russell Invt. Co. Plc - Acadian Emerging Markets Equ. UCITS II | 374,355 | 2,912 | 1,980,337.95 | 0.068 | 0.2673 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Qube Research & Technologies Ltd. | 2,463,779 | 1,832,075 | 13,033,390.91 | 0.0182 | 1.7589 | 12/31/2025 |
| 2 | Lazard Asset Management LLC | 1,432,708 | 1,143,731 | 7,579,025.32 | 0.0065 | 1.0228 | 12/31/2025 |
| 3 | Janus Henderson Investors UK Ltd. | 1,746,206 | 989,327 | 9,237,429.74 | 0.015 | 1.2466 | 12/31/2025 |
| 4 | Jane Street Capital LLC | 648,039 | 648,039 | 3,428,126.31 | 0.004 | 0.4626 | 12/31/2025 |
| 5 | Citadel Securities LLC | 655,726 | 639,042 | 3,468,790.54 | 0.0073 | 0.4681 | 12/31/2025 |
| 6 | XTX Markets LLC | 504,741 | 504,741 | 2,670,079.89 | 0.0687 | 0.3603 | 12/31/2025 |
| 7 | Citigroup Global Markets, Inc. (Investment Management) | 675,048 | 503,337 | 3,571,003.92 | 0.0026 | 0.4819 | 12/31/2025 |
| 8 | Morgan Stanley & Co. LLC | 2,697,481 | 493,730 | 14,269,674.49 | 0.0051 | 1.9258 | 12/31/2025 |
| 9 | Maven Investment Partners Ltd. | 488,809 | 488,809 | 2,585,799.61 | 0.3298 | 0.349 | 12/31/2025 |
| 10 | State Street Global Advisors Ltd. | 546,711 | 446,331 | 2,892,101.19 | 0.0019 | 0.3903 | 02/27/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Numeric Investors LLC | 26,688 | -4,082,371 | 141,179.52 | 0.0003 | 0.0191 | 12/31/2025 |
| 2 | SSgA Funds Management, Inc. | 2,080,720 | -1,824,259 | 11,007,008.8 | 0.0004 | 1.4854 | 12/31/2025 |
| 3 | Eastspring Investments (Singapore) Ltd. | 0 | -1,780,693 | 0 | 0 | 0 | |
| 4 | The Vanguard Group, Inc. | 1,888,002 | -1,709,633 | 9,987,530.58 | 0.0001 | 1.3479 | 12/31/2025 |
| 5 | Acadian Asset Management LLC | 4,181,715 | -1,257,311 | 22,121,272.35 | 0.0308 | 2.9854 | 12/31/2025 |
| 6 | Walleye Capital LLC | 0 | -1,178,266 | 0 | 0 | 0 | |
| 7 | Norges Bank Investment Management | 624,435 | -1,119,817 | 3,303,261.15 | 0.0002 | 0.4458 | 12/31/2025 |
| 8 | Mackenzie Financial Corp. | 0 | -742,405 | 0 | 0 | 0 | |
| 9 | Marshall Wace LLP | 230,308 | -710,777 | 1,218,329.32 | 0.0012 | 0.1644 | 12/31/2025 |
| 10 | Mackenzie Investments Corp. (United States) | 1,086 | -548,645 | 5,744.94 | 0.0001 | 0.0008 | 09/30/2025 |
Data provided by FactSet Research Systems Inc.