| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Lazard Asset Management LLC | 20,359,765 | 5,442,858 | 369,733,332.4 | 0.343 | 2.0553 | 12/31/2025 |
| 2 | Harding Loevner LP | 4,476,641 | -538,461 | 81,295,800.56 | 0.3474 | 0.4519 | 12/31/2025 |
| 3 | Renaissance Technologies LLC | 3,696,614 | -145,200 | 67,130,510.24 | 0.1082 | 0.3732 | 12/31/2025 |
| 4 | Allspring Global Investments LLC | 2,936,322 | -1,011,140 | 53,323,607.52 | 0.0755 | 0.2964 | 12/31/2025 |
| 5 | Invesco Capital Management LLC | 1,637,399 | -307,667 | 29,735,165.84 | 0.0073 | 0.1653 | 12/31/2025 |
| 6 | Aperio Group LLC | 1,289,795 | 498,342 | 23,422,677.2 | 0.0183 | 0.1302 | 12/31/2025 |
| 7 | Northcape Capital Pty Ltd. | 1,256,211 | 810,038 | 22,812,791.76 | 1.5865 | 0.1268 | 12/31/2025 |
| 8 | Parametric Portfolio Associates LLC | 1,108,555 | 254,632 | 20,131,358.8 | 0.0055 | 0.1119 | 12/31/2025 |
| 9 | American Century Investment Management, Inc. | 1,011,661 | 198,824 | 18,371,763.76 | 0.0072 | 0.1021 | 12/31/2025 |
| 10 | Northern Trust Investments, Inc.(Investment Management) | 854,960 | 6,420 | 15,526,073.6 | 0.0023 | 0.0863 | 12/31/2025 |
| 11 | Envestnet Asset Management, Inc. | 807,113 | -73,968 | 14,657,172.08 | 0.0045 | 0.0815 | 12/31/2025 |
| 12 | Dimensional Fund Advisors LP | 612,513 | 29,577 | 11,123,236.08 | 0.0017 | 0.0618 | 12/31/2025 |
| 13 | Ramirez Asset Management, Inc. | 545,405 | 194,055 | 9,904,554.8 | 1.2364 | 0.0551 | 12/31/2025 |
| 14 | Arrowstreet Capital LP | 535,086 | -179,205 | 9,717,161.76 | 0.0057 | 0.054 | 12/31/2025 |
| 15 | Managed Account Advisors LLC | 468,120 | 415,899 | 8,501,059.2 | 0.0013 | 0.0473 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Lazard Emerging Markets Equity Portfolio | 5,494,392 | 1,379,813 | 99,778,158.72 | 1.3019 | 0.5546 | 02/28/2026 |
| 2 | St. James's Place Unit Trust - Emerging Markets Equity | 3,611,851 | 803,644 | 65,591,214.16 | 0.5805 | 0.3646 | 09/30/2025 |
| 3 | Invesco International Dividend Achievers ETF | 1,621,002 | -308,778 | 29,437,396.32 | 3.354 | 0.1636 | 02/27/2026 |
| 4 | Allspring Emerging Markets Equity Fund | 1,112,471 | -85,000 | 20,202,473.36 | 0.5609 | 0.1123 | 01/31/2026 |
| 5 | Avantis Emerging Markets Equity ETF | 976,182 | 311,898 | 17,727,465.12 | 0.0914 | 0.0985 | 02/27/2026 |
| 6 | Lazard Investment Funds - Emerging Markets Fund | 884,980 | 0 | 16,071,236.8 | 1.0526 | 0.0893 | 03/31/2025 |
| 7 | EQ/Lazard Emerging Markets Equity Portfolio | 414,849 | 71,178 | 7,533,657.84 | 1.2453 | 0.0419 | 12/31/2025 |
| 8 | DFA Emerging Markets Core Equity 2 Portfolio | 365,576 | 0 | 6,638,860.16 | 0.0191 | 0.0369 | 12/31/2025 |
| 9 | Lazard Retirement Emerging Markets Equity Portfolio | 318,862 | 30,869 | 5,790,533.92 | 1.2968 | 0.0322 | 02/28/2026 |
| 10 | State Board of Administration of Florida Retirement System | 293,818 | -60,000 | 5,335,734.88 | 0.0051 | 0.0297 | 12/31/2025 |
| 11 | First Trust NASDAQ Technology Dividend Index Fund | 288,720 | 288,720 | 5,243,155.2 | 0.1526 | 0.0291 | 02/27/2026 |
| 12 | Lazard Glb. Active Fds. Plc - Emerging Markets Equity Fund | 270,964 | 80,860 | 4,920,706.24 | 1.2742 | 0.0274 | 09/30/2025 |
| 13 | Lazard Emerging Markets CIT | 270,249 | 0 | 4,907,721.84 | 1.0663 | 0.0273 | 12/31/2024 |
| 14 | Allspring (Lux) Ww. Fd. - Emerging Markets Equity Fund | 221,589 | -70,000 | 4,024,056.24 | 1.4089 | 0.0224 | 01/30/2026 |
| 15 | Lazard Actions Emergentes | 174,838 | 0 | 3,175,058.08 | 1.0121 | 0.0176 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Lazard Asset Management LLC | 20,359,765 | 5,442,858 | 369,733,332.4 | 0.343 | 2.0553 | 12/31/2025 |
| 2 | Northcape Capital Pty Ltd. | 1,256,211 | 810,038 | 22,812,791.76 | 1.5865 | 0.1268 | 12/31/2025 |
| 3 | Aperio Group LLC | 1,289,795 | 498,342 | 23,422,677.2 | 0.0183 | 0.1302 | 12/31/2025 |
| 4 | Managed Account Advisors LLC | 468,120 | 415,899 | 8,501,059.2 | 0.0013 | 0.0473 | 12/31/2025 |
| 5 | First Trust Advisors LP | 299,227 | 268,943 | 5,433,962.32 | 0.0038 | 0.0302 | 12/31/2025 |
| 6 | Parametric Portfolio Associates LLC | 1,108,555 | 254,632 | 20,131,358.8 | 0.0055 | 0.1119 | 12/31/2025 |
| 7 | American Century Investment Management, Inc. | 1,011,661 | 198,824 | 18,371,763.76 | 0.0072 | 0.1021 | 12/31/2025 |
| 8 | Ramirez Asset Management, Inc. | 545,405 | 194,055 | 9,904,554.8 | 1.2364 | 0.0551 | 12/31/2025 |
| 9 | UBS Securities LLC | 369,314 | 189,938 | 6,706,742.24 | 0.0029 | 0.0373 | 12/31/2025 |
| 10 | Neuberger Berman Investment Advisers LLC | 234,619 | 169,180 | 4,260,681.04 | 0.0032 | 0.0237 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Allspring Global Investments LLC | 2,936,322 | -1,011,140 | 53,323,607.52 | 0.0755 | 0.2964 | 12/31/2025 |
| 2 | Harding Loevner LP | 4,476,641 | -538,461 | 81,295,800.56 | 0.3474 | 0.4519 | 12/31/2025 |
| 3 | Millennium Management LLC | 15,985 | -365,563 | 290,287.6 | 0.0002 | 0.0016 | 12/31/2025 |
| 4 | SEI Investments Management Corp. | 25,851 | -333,622 | 469,454.16 | 0.0004 | 0.0026 | 12/31/2025 |
| 5 | Invesco Capital Management LLC | 1,637,399 | -307,667 | 29,735,165.84 | 0.0073 | 0.1653 | 12/31/2025 |
| 6 | Metzler Asset Management GmbH | 10,008 | -195,601 | 181,745.28 | 0.0014 | 0.001 | 12/31/2025 |
| 7 | Walter Scott & Partners Ltd. | 0 | -188,900 | 0 | 0 | 0 | |
| 8 | Bank of America, NA (Private Banking) | 32,659 | -188,466 | 593,087.44 | 0.0002 | 0.0033 | 12/31/2025 |
| 9 | Arrowstreet Capital LP | 535,086 | -179,205 | 9,717,161.76 | 0.0057 | 0.054 | 12/31/2025 |
| 10 | Renaissance Technologies LLC | 3,696,614 | -145,200 | 67,130,510.24 | 0.1082 | 0.3732 | 12/31/2025 |
Data provided by FactSet Research Systems Inc.