| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (International Investors) | 39,929,929 | 2,464,742 | 2,481,245,788.06 | 0.3532 | 7.6162 | 12/31/2025 |
| 2 | Capital Research & Management Co. (World Investors) | 31,051,257 | 312,323 | 1,929,525,109.98 | 0.1892 | 5.9227 | 12/31/2025 |
| 3 | Massachusetts Financial Services Co. | 21,684,362 | -1,545,865 | 1,347,466,254.68 | 0.4291 | 4.1361 | 12/31/2025 |
| 4 | Baillie Gifford & Co. | 11,343,819 | -2,141,748 | 704,904,912.66 | 0.4287 | 2.1637 | 12/31/2025 |
| 5 | Fidelity Management & Research Co. LLC | 9,238,663 | 469,238 | 574,090,518.82 | 0.0309 | 1.7622 | 12/31/2025 |
| 6 | T. Rowe Price International Ltd. | 7,133,206 | 814,256 | 443,257,420.84 | 0.2583 | 1.3606 | 12/31/2025 |
| 7 | Janus Henderson Investors US LLC | 5,484,599 | 120,266 | 340,812,981.86 | 0.1624 | 1.0461 | 12/31/2025 |
| 8 | Harding Loevner LP | 4,966,655 | -377,497 | 308,627,941.7 | 1.217 | 0.9473 | 12/31/2025 |
| 9 | Sprucegrove Investment Management Ltd. | 4,537,122 | -736,386 | 281,936,761.08 | 8.7314 | 0.8654 | 12/31/2025 |
| 10 | Trinity Street Asset Management LLP | 3,680,298 | -55,300 | 228,693,717.72 | 7.8048 | 0.702 | 12/31/2025 |
| 11 | Metropolis Capital Ltd. | 3,563,802 | -1,118,032 | 221,454,656.28 | 5.93 | 0.6798 | 12/31/2025 |
| 12 | MFS Institutional Advisors, Inc. | 3,322,982 | -218,956 | 206,490,101.48 | 0.7774 | 0.6338 | 12/31/2025 |
| 13 | Brave Warrior Advisors LLC | 3,056,698 | -1,027,548 | 189,943,213.72 | 4.6516 | 0.583 | 12/31/2025 |
| 14 | Wellington Management Co. LLP | 2,688,742 | 1,508,712 | 167,078,427.88 | 0.0269 | 0.5128 | 12/31/2025 |
| 15 | RBC Global Asset Management (UK) Ltd. | 2,624,074 | -26,306 | 163,059,958.36 | 0.2727 | 0.5005 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | American Funds Fundamental Investors | 16,803,289 | 111,800 | 1,044,156,378.46 | 0.6249 | 3.2051 | 12/31/2025 |
| 2 | American Funds New Perspective Fund | 12,637,628 | 0 | 785,302,203.92 | 0.4965 | 2.4105 | 12/31/2025 |
| 3 | American Funds Capital World Growth & Income Fund | 9,755,471 | 0 | 606,204,967.94 | 0.4128 | 1.8608 | 12/31/2025 |
| 4 | MFS International Equity Fund | 8,248,225 | -469,899 | 512,544,701.5 | 1.7401 | 1.5733 | 02/28/2026 |
| 5 | American Funds Growth Fund of America | 5,558,616 | 0 | 345,412,398.24 | 0.1075 | 1.0602 | 12/31/2025 |
| 6 | MFS International Intrinsic Value Fund | 4,286,473 | -254,284 | 266,361,432.22 | 1.0529 | 0.8176 | 02/28/2026 |
| 7 | American Funds EUPAC Fund | 4,234,633 | 0 | 263,140,094.62 | 0.1937 | 0.8077 | 12/31/2025 |
| 8 | Janus Henderson Enterprise Fund | 3,441,065 | 0 | 213,827,779.1 | 0.9613 | 0.6563 | 12/31/2025 |
| 9 | American Funds International Growth & Income Fund | 3,385,486 | -11,781 | 210,374,100.04 | 1.0849 | 0.6457 | 12/31/2025 |
| 10 | T Rowe Price Overseas Stock Fund | 2,124,635 | 400,290 | 132,024,818.9 | 0.5212 | 0.4053 | 12/31/2025 |
| 11 | Fidelity Inv. Trust - Series International Value Fund | 2,056,400 | 103,900 | 127,784,696 | 0.7329 | 0.3922 | 02/28/2026 |
| 12 | Harding Loevner International Equity Portfolio | 1,976,373 | -234,067 | 122,811,818.22 | 0.9569 | 0.377 | 12/31/2025 |
| 13 | RBC European Equity Fund | 1,844,299 | 0 | 114,604,739.86 | 1.657 | 0.3518 | 06/30/2025 |
| 14 | American Funds Global Insight Fund | 1,593,954 | 0 | 99,048,301.56 | 0.5235 | 0.304 | 12/31/2025 |
| 15 | CIF - Capital Group New Perspective Fund (Lux) | 1,547,035 | 31,957 | 96,132,754.9 | 0.4795 | 0.2951 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (International Investors) | 39,929,929 | 2,464,742 | 2,481,245,788.06 | 0.3532 | 7.6162 | 12/31/2025 |
| 2 | Wellington Management Co. LLP | 2,688,742 | 1,508,712 | 167,078,427.88 | 0.0269 | 0.5128 | 12/31/2025 |
| 3 | Norges Bank Investment Management | 1,274,000 | 1,233,500 | 79,166,360 | 0.0049 | 0.243 | 12/31/2025 |
| 4 | ClearBridge Investments LLC | 847,079 | 847,079 | 52,637,489.06 | 0.0407 | 0.1616 | 12/31/2025 |
| 5 | T. Rowe Price International Ltd. | 7,133,206 | 814,256 | 443,257,420.84 | 0.2583 | 1.3606 | 12/31/2025 |
| 6 | Ovata Capital Management Ltd. | 981,383 | 710,791 | 60,983,139.62 | 8.2955 | 0.1872 | 12/31/2025 |
| 7 | Milford Asset Management Ltd. | 545,491 | 545,491 | 33,896,810.74 | 0.4219 | 0.104 | 12/31/2025 |
| 8 | Fidelity Management & Research Co. LLC | 9,238,663 | 469,238 | 574,090,518.82 | 0.0309 | 1.7622 | 12/31/2025 |
| 9 | SEI Investments Management Corp. | 1,617,288 | 437,874 | 100,498,276.32 | 0.0869 | 0.3085 | 12/31/2025 |
| 10 | Fidelity Investments Canada ULC | 1,541,168 | 359,888 | 95,768,179.52 | 0.1007 | 0.294 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Baillie Gifford & Co. | 11,343,819 | -2,141,748 | 704,904,912.66 | 0.4287 | 2.1637 | 12/31/2025 |
| 2 | Massachusetts Financial Services Co. | 21,684,362 | -1,545,865 | 1,347,466,254.68 | 0.4291 | 4.1361 | 12/31/2025 |
| 3 | Metropolis Capital Ltd. | 3,563,802 | -1,118,032 | 221,454,656.28 | 5.93 | 0.6798 | 12/31/2025 |
| 4 | Brave Warrior Advisors LLC | 3,056,698 | -1,027,548 | 189,943,213.72 | 4.6516 | 0.583 | 12/31/2025 |
| 5 | Harris Associates LP | 2,233,754 | -826,717 | 138,805,473.56 | 0.1399 | 0.4261 | 12/31/2025 |
| 6 | Sprucegrove Investment Management Ltd. | 4,537,122 | -736,386 | 281,936,761.08 | 8.7314 | 0.8654 | 12/31/2025 |
| 7 | Voloridge Investment Management LLC | 229,199 | -425,822 | 14,242,425.86 | 0.0485 | 0.0437 | 12/31/2025 |
| 8 | Harding Loevner LP | 4,966,655 | -377,497 | 308,627,941.7 | 1.217 | 0.9473 | 12/31/2025 |
| 9 | Towers Watson Investment Management Ltd. | 752,069 | -363,040 | 46,733,567.66 | 0.6851 | 0.1434 | 02/28/2026 |
| 10 | Lansforsakringar Fondforvaltning AB | 0 | -328,615 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.