| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Aperio Group LLC | 2,023,402 | 245,440 | 145,118,391.44 | 0.104 | 0.4168 | 12/31/2025 |
| 2 | W1M Asset Management Ltd. | 2,012,715 | 2,012,715 | 144,351,919.8 | 1.4427 | 0.4146 | 12/31/2025 |
| 3 | Lazard Asset Management LLC | 1,671,184 | 173,217 | 119,857,316.48 | 0.1004 | 0.3442 | 12/31/2025 |
| 4 | Northern Trust Investments, Inc.(Investment Management) | 1,474,235 | -16,953 | 105,732,134.2 | 0.0147 | 0.3037 | 12/31/2025 |
| 5 | Dimensional Fund Advisors LP | 1,444,495 | -24,470 | 103,599,181.4 | 0.0142 | 0.2975 | 12/31/2025 |
| 6 | Parametric Portfolio Associates LLC | 1,378,256 | 131,236 | 98,848,520.32 | 0.0248 | 0.2839 | 12/31/2025 |
| 7 | American Century Investment Management, Inc. | 1,232,480 | 253,469 | 88,393,465.6 | 0.032 | 0.2539 | 12/31/2025 |
| 8 | Pzena Investment Management LLC | 911,788 | -115,858 | 65,393,435.36 | 0.0942 | 0.1878 | 12/31/2025 |
| 9 | Arrowstreet Capital LP | 894,817 | -217,228 | 64,176,275.24 | 0.0339 | 0.1843 | 12/31/2025 |
| 10 | Managed Account Advisors LLC | 642,030 | 68,436 | 46,046,391.6 | 0.0067 | 0.1322 | 12/31/2025 |
| 11 | Causeway Capital Management LLC | 579,796 | 29,658 | 41,582,969.12 | 0.077 | 0.1194 | 12/31/2025 |
| 12 | Marshall Wace LLP | 289,997 | 16,106 | 20,798,584.84 | 0.0195 | 0.0597 | 12/31/2025 |
| 13 | Connor, Clark & Lunn Investment Management Ltd. | 289,063 | -230,607 | 20,731,598.36 | 0.0465 | 0.0595 | 12/31/2025 |
| 14 | Morgan Stanley & Co. LLC | 275,179 | -82,403 | 19,735,837.88 | 0.0069 | 0.0567 | 12/31/2025 |
| 15 | Two Sigma Investments LP | 272,390 | 106,965 | 19,535,810.8 | 0.0283 | 0.0561 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Avantis Emerging Markets Equity ETF | 1,141,848 | 293,975 | 81,893,338.56 | 0.4239 | 0.2352 | 01/30/2026 |
| 2 | DFA Dimensional Emerging Markets Value Fund | 943,417 | -3,572 | 67,661,867.24 | 0.4532 | 0.1943 | 11/30/2025 |
| 3 | St. James's Place Unit Trust - Global Value | 455,251 | 0 | 32,650,601.72 | 0.0811 | 0.0938 | 09/30/2025 |
| 4 | Vanguard FTSE All World (ex-US) Index Fund | 268,016 | -25,568 | 19,222,107.52 | 0.0216 | 0.0552 | 01/31/2026 |
| 5 | PERSI - Pzena | 265,000 | 0 | 19,005,800 | 2.3064 | 0.0546 | 12/31/2025 |
| 6 | DFA Emerging Markets Core Equity 2 Portfolio | 257,772 | -11,998 | 18,487,407.84 | 0.0482 | 0.0531 | 11/30/2025 |
| 7 | Waverton Invt. Fds. Plc - Global Equity Fund | 245,107 | 245,107 | 17,579,074.04 | 2.3732 | 0.0505 | 10/31/2025 |
| 8 | Waverton Multi-Asset Growth Fund | 241,039 | 241,039 | 17,287,317.08 | 2.1566 | 0.0496 | 10/31/2025 |
| 9 | Amplify CWP International Enhanced Dividend Income ETF | 225,371 | 225,371 | 16,163,608.12 | 1.8002 | 0.0464 | 01/30/2026 |
| 10 | LF Waverton Portfolio Fund | 153,288 | 153,288 | 10,993,815.36 | 1.3364 | 0.0316 | 10/31/2025 |
| 11 | Avantis Emerging Markets Value ETF | 140,311 | 35,560 | 10,063,104.92 | 0.8371 | 0.0289 | 01/30/2026 |
| 12 | NEF - Ethical Global Trends SDG | 122,000 | 0 | 8,749,840 | 0.6004 | 0.0251 | 06/30/2025 |
| 13 | Sun Life Acadian International Equity Fund | 83,750 | 0 | 6,006,550 | 0.6346 | 0.0173 | 06/30/2025 |
| 14 | Waverton Investment Funds plc - Multi-Asset Balanced Fund | 82,401 | 82,401 | 5,909,799.72 | 1.7986 | 0.017 | 10/31/2025 |
| 15 | TM RWC - Global Emerging Markets Fund | 73,976 | 73,976 | 5,305,558.72 | 2.0017 | 0.0152 | 01/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | W1M Asset Management Ltd. | 2,012,715 | 2,012,715 | 144,351,919.8 | 1.4427 | 0.4146 | 12/31/2025 |
| 2 | American Century Investment Management, Inc. | 1,232,480 | 253,469 | 88,393,465.6 | 0.032 | 0.2539 | 12/31/2025 |
| 3 | Aperio Group LLC | 2,023,402 | 245,440 | 145,118,391.44 | 0.104 | 0.4168 | 12/31/2025 |
| 4 | Lazard Asset Management LLC | 1,671,184 | 173,217 | 119,857,316.48 | 0.1004 | 0.3442 | 12/31/2025 |
| 5 | Voleon Capital Management LP | 134,357 | 134,357 | 9,636,084.04 | 0.2056 | 0.0277 | 12/31/2025 |
| 6 | Parametric Portfolio Associates LLC | 1,378,256 | 131,236 | 98,848,520.32 | 0.0248 | 0.2839 | 12/31/2025 |
| 7 | UBS Securities LLC | 145,900 | 125,647 | 10,463,948 | 0.0042 | 0.0301 | 12/31/2025 |
| 8 | Two Sigma Investments LP | 272,390 | 106,965 | 19,535,810.8 | 0.0283 | 0.0561 | 12/31/2025 |
| 9 | Arbiter Partners Capital Management LLC | 138,169 | 98,569 | 9,909,480.68 | 4.6681 | 0.0285 | 12/31/2025 |
| 10 | Virtus Family Office LLC | 96,373 | 96,373 | 6,911,871.56 | 5.5294 | 0.0199 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Ranmore Fund Management Ltd. | 0 | -529,000 | 0 | 0 | 0 | |
| 2 | Brandes Investment Partners LP | 61,268 | -466,867 | 4,394,140.96 | 0.0166 | 0.0126 | 12/31/2025 |
| 3 | Connor, Clark & Lunn Investment Management Ltd. | 289,063 | -230,607 | 20,731,598.36 | 0.0465 | 0.0595 | 12/31/2025 |
| 4 | Arrowstreet Capital LP | 894,817 | -217,228 | 64,176,275.24 | 0.0339 | 0.1843 | 12/31/2025 |
| 5 | JPMorgan Securities LLC (Investment Management) | 155,510 | -205,266 | 11,153,177.2 | 0.0074 | 0.032 | 12/31/2025 |
| 6 | D. E. Shaw & Co. LP | 34,972 | -133,804 | 2,508,191.84 | 0.0019 | 0.0072 | 12/31/2025 |
| 7 | Pzena Investment Management LLC | 911,788 | -115,858 | 65,393,435.36 | 0.0942 | 0.1878 | 12/31/2025 |
| 8 | Millennium Management LLC | 203,703 | -82,680 | 14,609,579.16 | 0.0103 | 0.042 | 12/31/2025 |
| 9 | Morgan Stanley & Co. LLC | 275,179 | -82,403 | 19,735,837.88 | 0.0069 | 0.0567 | 12/31/2025 |
| 10 | Qube Research & Technologies Ltd. | 27,405 | -70,107 | 1,965,486.6 | 0.0027 | 0.0056 | 12/31/2025 |
Data provided by FactSet Research Systems Inc.