| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Robeco Institutional Asset Management BV | 31,027,467 | 6,920,421 | 593,865,718.38 | 0.4887 | 1.1394 | 03/31/2026 |
| 2 | JPMorgan Investment Management, Inc. | 18,007,116 | 2,778,899 | 344,656,200.24 | 0.0339 | 0.6612 | 12/31/2025 |
| 3 | Massachusetts Financial Services Co. | 13,411,339 | -89,521 | 256,693,028.46 | 0.0809 | 0.4925 | 12/31/2025 |
| 4 | BlackRock Fund Advisors | 12,176,857 | 2,400,051 | 233,065,042.98 | 0.0047 | 0.4471 | 12/31/2025 |
| 5 | Itau USA Asset Management, Inc. | 9,218,618 | 2,818,928 | 176,444,348.52 | 2.617 | 0.3385 | 12/31/2025 |
| 6 | JPMorgan Asset Management (UK) Ltd. | 8,904,788 | 3,147,976 | 170,437,642.32 | 0.0982 | 0.327 | 12/31/2025 |
| 7 | Dimensional Fund Advisors LP | 6,576,824 | 375,229 | 125,880,411.36 | 0.0171 | 0.2415 | 12/31/2025 |
| 8 | Nomura Investment Management Business Trust | 6,185,509 | 0 | 118,390,642.26 | 0.1497 | 0.2271 | 12/31/2025 |
| 9 | Amundi SGR SpA | 5,946,064 | 0 | 113,807,664.96 | 0.796 | 0.2183 | 12/31/2025 |
| 10 | Brandes Investment Partners LP | 5,492,474 | 233,835 | 105,125,952.36 | 0.4036 | 0.2017 | 12/31/2025 |
| 11 | SSgA Funds Management, Inc. | 5,003,803 | -558,087 | 95,772,789.42 | 0.003 | 0.1837 | 12/31/2025 |
| 12 | Renaissance Technologies LLC | 4,485,600 | -593,400 | 85,854,384 | 0.1258 | 0.1647 | 12/31/2025 |
| 13 | American Century Investment Management, Inc. | 4,301,442 | 508,356 | 82,329,599.88 | 0.0291 | 0.158 | 12/31/2025 |
| 14 | Ranmore Fund Management Ltd. | 3,980,000 | 1,180,000 | 76,177,200 | 3.8246 | 0.1461 | 12/31/2025 |
| 15 | Packer & Co. Ltd. | 3,948,602 | 0 | 75,576,242.28 | 16.4236 | 0.145 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | iShares Tr. - Latin America 40 ETF | 14,485,027 | 6,308,435 | 277,243,416.78 | 6.3942 | 0.5319 | 03/31/2026 |
| 2 | JPMorgan Emerging Markets Equity Fund | 8,275,215 | 302,072 | 158,387,615.1 | 1.4288 | 0.3039 | 02/28/2026 |
| 3 | Robeco Capital Gr. Fds. - Emerging Stars Equities | 6,618,069 | 1,290,142 | 126,669,840.66 | 2.7367 | 0.243 | 02/27/2026 |
| 4 | MFS International Intrinsic Value Fund | 6,516,267 | -1,434,031 | 124,721,350.38 | 0.4959 | 0.2393 | 03/31/2026 |
| 5 | Avantis Emerging Markets Equity ETF | 4,946,470 | 1,415,538 | 94,675,435.8 | 0.4247 | 0.1816 | 03/31/2026 |
| 6 | Nomura Emerging Markets Fund | 4,900,000 | -1,000,000 | 93,786,000 | 0.7674 | 0.1799 | 02/27/2026 |
| 7 | Ranmore Global Equity Fund Plc | 3,980,000 | 1,180,000 | 76,177,200 | 3.5866 | 0.1461 | 12/31/2025 |
| 8 | JPMorgan Funds - Emerging Markets Equity Fund | 3,965,529 | -51,518 | 75,900,225.06 | 1.5003 | 0.1456 | 03/31/2026 |
| 9 | Fidelity Inv. Trust - Emerging Markets Opportunities Fund | 3,312,400 | -1,014,000 | 63,399,336 | 0.2143 | 0.1216 | 02/28/2026 |
| 10 | JPMorgan Emerging Markets Growth & Income Plc | 3,247,073 | 3,247,073 | 62,148,977.22 | 2.8045 | 0.1192 | 02/28/2026 |
| 11 | JPMorgan Fund ICVC - Emerging Markets Fund | 3,018,825 | -125,164 | 57,780,310.5 | 1.4634 | 0.1109 | 03/31/2026 |
| 12 | State Street SPDR Portfolio Emerging Markets ETF | 2,916,320 | -429,368 | 55,818,364.8 | 0.3201 | 0.1071 | 03/31/2026 |
| 13 | DFA Dimensional Emerging Markets Value Fund | 2,874,100 | 0 | 55,010,274 | 0.3651 | 0.1055 | 12/31/2025 |
| 14 | JPMorgan Funds - Latin America Equity Fund | 2,832,225 | 618,945 | 54,208,786.5 | 9.5447 | 0.104 | 03/31/2026 |
| 15 | Robeco Capital Gr. Fds. - QI Emerging Markets Active Equities | 2,567,228 | 395,578 | 49,136,743.92 | 0.7484 | 0.0943 | 02/27/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Robeco Institutional Asset Management BV | 31,027,467 | 6,920,421 | 593,865,718.38 | 0.4887 | 1.1394 | 03/31/2026 |
| 2 | JPMorgan Asset Management (UK) Ltd. | 8,904,788 | 3,147,976 | 170,437,642.32 | 0.0982 | 0.327 | 12/31/2025 |
| 3 | Itau USA Asset Management, Inc. | 9,218,618 | 2,818,928 | 176,444,348.52 | 2.617 | 0.3385 | 12/31/2025 |
| 4 | JPMorgan Investment Management, Inc. | 18,007,116 | 2,778,899 | 344,656,200.24 | 0.0339 | 0.6612 | 12/31/2025 |
| 5 | BlackRock Fund Advisors | 12,176,857 | 2,400,051 | 233,065,042.98 | 0.0047 | 0.4471 | 12/31/2025 |
| 6 | JPMorgan Asset Management (Canada) Inc. | 2,777,410 | 1,583,033 | 53,159,627.4 | 0.5738 | 0.102 | 12/31/2025 |
| 7 | Ranmore Fund Management Ltd. | 3,980,000 | 1,180,000 | 76,177,200 | 3.8246 | 0.1461 | 12/31/2025 |
| 8 | Invesco Asset Management Ltd. | 3,559,911 | 1,013,688 | 68,136,696.54 | 0.0697 | 0.1307 | 12/31/2025 |
| 9 | BlackRock Advisors (UK) Ltd. | 2,352,042 | 807,310 | 45,018,083.88 | 0.0046 | 0.0864 | 12/31/2025 |
| 10 | JPMorgan Chase Bank, NA (Investment Management) | 737,112 | 737,002 | 14,108,323.68 | 0.0055 | 0.0271 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | State of Wisconsin Investment Board | 0 | -1,517,747 | 0 | 0 | 0 | |
| 2 | Qube Research & Technologies Ltd. | 94,079 | -1,280,177 | 1,800,672.06 | 0.0025 | 0.0035 | 12/31/2025 |
| 3 | Fidelity Management & Research Co. LLC | 3,939,321 | -1,151,943 | 75,398,603.94 | 0.0039 | 0.1447 | 12/31/2025 |
| 4 | D. E. Shaw & Co. LP | 0 | -891,186 | 0 | 0 | 0 | |
| 5 | Point72 Asset Management LP | 0 | -639,800 | 0 | 0 | 0 | |
| 6 | Renaissance Technologies LLC | 4,485,600 | -593,400 | 85,854,384 | 0.1258 | 0.1647 | 12/31/2025 |
| 7 | SPX Gestao de Recursos Ltda. | 1,173,051 | -569,178 | 22,452,196.14 | 0.776 | 0.0431 | 12/31/2025 |
| 8 | SSgA Funds Management, Inc. | 5,003,803 | -558,087 | 95,772,789.42 | 0.003 | 0.1837 | 12/31/2025 |
| 9 | Y-Intercept (Hong Kong) Ltd. | 177,170 | -520,929 | 3,391,033.8 | 0.0607 | 0.0065 | 03/31/2026 |
| 10 | Cubist Systematic Strategies LLC | 0 | -362,046 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.