| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | GQG Partners LLC | 187,199,112 | 51,195,900 | 3,043,857,561.12 | 2.4291 | 5.0307 | 05/21/2026 |
| 2 | Baillie Gifford & Co. | 44,438,548 | 14,915,026 | 722,570,790.48 | 0.4174 | 1.1942 | 03/31/2026 |
| 3 | Capital Research & Management Co. (International Investors) | 44,242,564 | 13,605,256 | 719,384,090.64 | 0.1282 | 1.189 | 03/31/2026 |
| 4 | Arrowstreet Capital LP | 28,553,456 | 28,553,456 | 464,279,194.56 | 0.2122 | 0.7673 | 03/31/2026 |
| 5 | Invesco Asset Management Ltd. | 28,182,838 | 1,071,273 | 458,252,945.88 | 0.4583 | 0.7574 | 03/31/2026 |
| 6 | Lazard Asset Management LLC | 25,251,430 | 2,080,666 | 410,588,251.8 | 0.3206 | 0.6786 | 03/31/2026 |
| 7 | Itau USA Asset Management, Inc. | 20,775,870 | 947,711 | 337,815,646.2 | 5.251 | 0.5583 | 03/31/2026 |
| 8 | ARGA Investment Management LP | 17,680,229 | -1,294,948 | 287,480,523.54 | 1.4258 | 0.4751 | 03/31/2026 |
| 9 | T. Rowe Price Hong Kong Ltd. | 14,511,751 | 4,742,157 | 235,961,071.26 | 0.8214 | 0.39 | 03/31/2026 |
| 10 | Capital Research & Management Co. (World Investors) | 14,102,155 | 14,102,155 | 229,301,040.3 | 0.02 | 0.379 | 03/31/2026 |
| 11 | BlackRock Fund Advisors | 13,714,639 | 4,312,684 | 223,000,030.14 | 0.0042 | 0.3686 | 03/31/2026 |
| 12 | Schroder Investment Management Ltd. | 12,562,954 | -3,116,015 | 204,273,632.04 | 0.0752 | 0.3376 | 03/31/2026 |
| 13 | Fisher Asset Management LLC | 11,830,951 | -2,152,030 | 192,371,263.26 | 0.0569 | 0.3179 | 03/31/2026 |
| 14 | Mondrian Investment Partners Ltd. | 11,104,808 | -1,550,286 | 180,564,178.08 | 1.0809 | 0.2984 | 03/31/2026 |
| 15 | Robeco Institutional Asset Management BV | 7,831,368 | 1,818,171 | 127,338,043.68 | 0.1003 | 0.2105 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Goldman Sachs GQG Partners International Opportunities Fund | 58,879,115 | -7,576,948 | 957,374,409.9 | 1.7027 | 1.5823 | 04/30/2026 |
| 2 | GQG Partners Emerging Markets Equity Fund | 47,670,787 | 18,721,684 | 775,126,996.62 | 3.4273 | 1.2811 | 03/31/2026 |
| 3 | American Funds New World Fund | 30,108,672 | 18,356,980 | 489,567,006.72 | 0.5873 | 0.8091 | 03/31/2026 |
| 4 | Invesco Developing Markets Fund | 14,584,406 | -1,257,006 | 237,142,441.56 | 2.6228 | 0.3919 | 05/31/2026 |
| 5 | American Funds EUPAC Fund | 11,786,946 | 0 | 191,655,741.96 | 0.1367 | 0.3168 | 03/31/2026 |
| 6 | iShares Tr. - Latin America 40 ETF | 11,086,076 | 2,965,884 | 180,259,595.76 | 4.8035 | 0.2979 | 06/30/2026 |
| 7 | St. James's Place Unit Trust - Emerging Markets Equity | 7,384,226 | 0 | 120,067,514.76 | 0.8439 | 0.1984 | 09/30/2025 |
| 8 | Lazard Emerging Markets Equity Portfolio | 5,965,900 | 714,789 | 97,005,534 | 1.0466 | 0.1603 | 05/31/2026 |
| 9 | Invesco Funds - Emerging Markets Equity Fund | 5,634,410 | 647,479 | 91,615,506.6 | 2.5891 | 0.1514 | 04/30/2026 |
| 10 | American Funds Insurance Series - Growth Fund | 5,608,068 | 5,608,068 | 91,187,185.68 | 0.1649 | 0.1507 | 03/31/2026 |
| 11 | Baillie Gifford Emerging Markets Equities Fund | 5,164,719 | 0 | 83,978,330.94 | 0.9182 | 0.1388 | 12/31/2025 |
| 12 | T. Rowe Price Emerging Markets Discovery Stock Fund | 5,084,593 | 1,693,482 | 82,675,482.18 | 1.2371 | 0.1366 | 03/31/2026 |
| 13 | Avantis Emerging Markets Equity ETF | 4,271,458 | 1,062,958 | 69,453,907.08 | 0.2688 | 0.1148 | 06/30/2026 |
| 14 | DWS Invest - Latin American Equities | 4,176,775 | 2,007,946 | 67,914,361.5 | 2.6652 | 0.1122 | 05/29/2026 |
| 15 | AB Emerging Markets Opportunities ETF | 3,453,654 | 3,453,654 | 56,156,414.04 | 2.6287 | 0.0928 | 06/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | GQG Partners LLC | 187,199,112 | 51,195,900 | 3,043,857,561.12 | 2.4291 | 5.0307 | 05/21/2026 |
| 2 | Arrowstreet Capital LP | 28,553,456 | 28,553,456 | 464,279,194.56 | 0.2122 | 0.7673 | 03/31/2026 |
| 3 | Baillie Gifford & Co. | 44,438,548 | 14,915,026 | 722,570,790.48 | 0.4174 | 1.1942 | 03/31/2026 |
| 4 | Capital Research & Management Co. (World Investors) | 14,102,155 | 14,102,155 | 229,301,040.3 | 0.02 | 0.379 | 03/31/2026 |
| 5 | Capital Research & Management Co. (International Investors) | 44,242,564 | 13,605,256 | 719,384,090.64 | 0.1282 | 1.189 | 03/31/2026 |
| 6 | Acadian Asset Management LLC | 7,470,000 | 7,412,766 | 121,462,200 | 0.1282 | 0.2007 | 03/31/2026 |
| 7 | Russell Investment Management LLC | 7,221,753 | 6,607,952 | 117,425,703.78 | 0.0986 | 0.1941 | 03/31/2026 |
| 8 | Oaktree Capital Management LP | 6,089,413 | 6,089,413 | 99,013,855.38 | 1.7164 | 0.1636 | 03/31/2026 |
| 9 | Morgan Stanley Latam LLC | 7,658,001 | 5,780,983 | 124,519,096.26 | 10.0474 | 0.2058 | 03/31/2026 |
| 10 | T. Rowe Price Hong Kong Ltd. | 14,511,751 | 4,742,157 | 235,961,071.26 | 0.8214 | 0.39 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Marshall Wace LLP | 2,929,986 | -6,482,595 | 47,641,572.36 | 0.0431 | 0.0787 | 03/31/2026 |
| 2 | Massachusetts Financial Services Co. | 2,999,525 | -6,402,916 | 48,772,276.5 | 0.0151 | 0.0806 | 03/31/2026 |
| 3 | Point72 Asset Management LP | 0 | -4,895,056 | 0 | 0 | 0 | |
| 4 | JPMorgan Mansart Management Ltd. | 0 | -4,169,174 | 0 | 0 | 0 | |
| 5 | Merrill Lynch International (Investment Management) | 2,639,474 | -4,031,786 | 42,917,847.24 | 0.1558 | 0.0709 | 03/31/2026 |
| 6 | SPX Gestao de Recursos Ltda. | 1,732,842 | -3,154,716 | 28,176,010.92 | 0.9973 | 0.0466 | 03/31/2026 |
| 7 | Schroder Investment Management Ltd. | 12,562,954 | -3,116,015 | 204,273,632.04 | 0.0752 | 0.3376 | 03/31/2026 |
| 8 | Goldman Sachs International | 1,398,665 | -2,725,126 | 22,742,292.9 | 0.1602 | 0.0376 | 03/31/2026 |
| 9 | Goldman Sachs & Co. LLC (Private Banking) | 5,503,102 | -2,469,047 | 89,480,438.52 | 0.0272 | 0.1479 | 03/31/2026 |
| 10 | Optiver US LLC | 0 | -2,223,170 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.