| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | RREEF America LLC | 6,975,701 | 6,968,280 | 58,386,617.37 | 0.2555 | 0.5518 | 03/31/2026 |
| 2 | SSgA Funds Management, Inc. | 6,314,082 | 1,489,779 | 52,848,866.34 | 0.0016 | 0.4995 | 03/31/2026 |
| 3 | DWS Investments (UK) Ltd. | 5,148,823 | 5,148,823 | 43,095,648.51 | 0.0166 | 0.4073 | 03/31/2026 |
| 4 | UBS Securities LLC | 4,335,321 | 568,104 | 36,286,636.77 | 0.0134 | 0.343 | 03/31/2026 |
| 5 | Dynamo Internacional Gestao de Recursos Ltda. | 2,589,234 | 2,200,000 | 21,671,888.58 | 6.198 | 0.2048 | 03/31/2026 |
| 6 | American Century Investment Management, Inc. | 2,315,042 | 646,353 | 19,376,901.54 | 0.0067 | 0.1831 | 03/31/2026 |
| 7 | Parametric Portfolio Associates LLC | 1,397,168 | -40,689 | 11,694,296.16 | 0.0027 | 0.1105 | 03/31/2026 |
| 8 | Citadel Securities LLC | 1,273,348 | 1,251,853 | 10,657,922.76 | 0.0232 | 0.1007 | 03/31/2026 |
| 9 | AzValor Asset Management SGIIC SA | 1,202,849 | 210,967 | 10,067,846.13 | 0.2696 | 0.0952 | 12/31/2025 |
| 10 | Goldman Sachs & Co. LLC (Private Banking) | 1,147,808 | 1,097,415 | 9,607,152.96 | 0.003 | 0.0908 | 03/31/2026 |
| 11 | Goldman Sachs International | 1,097,770 | -2,277,980 | 9,188,334.9 | 0.0719 | 0.0868 | 03/31/2026 |
| 12 | Kapitalo Investimentos Ltda. | 1,094,733 | 870,235 | 9,162,915.21 | 0.2581 | 0.0866 | 03/31/2026 |
| 13 | Morgan Stanley Latam LLC | 967,921 | 862,551 | 8,101,498.77 | 0.6319 | 0.0766 | 03/31/2026 |
| 14 | Millennium Management LLC | 953,561 | 635,578 | 7,981,305.57 | 0.0057 | 0.0754 | 03/31/2026 |
| 15 | Ramirez Asset Management, Inc. | 924,318 | 242,101 | 7,736,541.66 | 0.9067 | 0.0731 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | State Street SPDR S&P Global Natural Resources ETF | 5,819,273 | 801,033 | 48,707,315.01 | 1.0025 | 0.4603 | 04/30/2026 |
| 2 | UniRak | 2,714,650 | 0 | 22,721,620.5 | 0.3482 | 0.2147 | 09/30/2025 |
| 3 | DWS RREEF Real Assets Fund | 2,373,100 | 379,100 | 19,862,847 | 0.5194 | 0.1877 | 03/31/2026 |
| 4 | Avantis Emerging Markets Equity ETF | 2,046,267 | 603,499 | 17,127,254.79 | 0.0717 | 0.1619 | 04/30/2026 |
| 5 | azValor Internacional, FI | 1,110,511 | 118,629 | 9,294,977.07 | 0.2497 | 0.0878 | 12/31/2025 |
| 6 | Schroder ISF - Emerging Markets Equity Alpha | 657,183 | 0 | 5,500,621.71 | 0.7569 | 0.052 | 06/30/2025 |
| 7 | Quilter Investors OEIC - Natural Resources Equity Fund | 573,882 | 573,882 | 4,803,392.34 | 1.8517 | 0.0454 | 04/30/2026 |
| 8 | State Street SPDR Portfolio Emerging Markets ETF | 489,235 | 44,569 | 4,094,896.95 | 0.0234 | 0.0387 | 04/30/2026 |
| 9 | UniRak Konservativ | 437,786 | 0 | 3,664,268.82 | 0.3735 | 0.0346 | 09/30/2025 |
| 10 | Principal Funds, Inc. - Diversified Real Asset Fund | 377,962 | 166,552 | 3,163,541.94 | 0.1216 | 0.0299 | 03/31/2026 |
| 11 | DWS Global Natural Resource Equity Type | 376,575 | 219,002 | 3,151,932.75 | 2.4122 | 0.0298 | 03/31/2026 |
| 12 | Seafarer Overseas Value Fund | 365,000 | 365,000 | 3,055,050 | 2.07 | 0.0289 | 03/31/2026 |
| 13 | Avantage Fund, FI | 359,954 | 61,189 | 3,012,814.98 | 2.1379 | 0.0285 | 12/31/2025 |
| 14 | Eaton Vance Global Opportunities Portfolio | 330,200 | 0 | 2,763,774 | -0.3699 | 0.0261 | 01/31/2026 |
| 15 | CIBC Emerging Markets Fund | 222,200 | 0 | 1,859,814 | 0.158 | 0.0176 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | RREEF America LLC | 6,975,701 | 6,968,280 | 58,386,617.37 | 0.2555 | 0.5518 | 03/31/2026 |
| 2 | DWS Investments (UK) Ltd. | 5,148,823 | 5,148,823 | 43,095,648.51 | 0.0166 | 0.4073 | 03/31/2026 |
| 3 | Dynamo Internacional Gestao de Recursos Ltda. | 2,589,234 | 2,200,000 | 21,671,888.58 | 6.198 | 0.2048 | 03/31/2026 |
| 4 | SSgA Funds Management, Inc. | 6,314,082 | 1,489,779 | 52,848,866.34 | 0.0016 | 0.4995 | 03/31/2026 |
| 5 | Citadel Securities LLC | 1,273,348 | 1,251,853 | 10,657,922.76 | 0.0232 | 0.1007 | 03/31/2026 |
| 6 | Goldman Sachs & Co. LLC (Private Banking) | 1,147,808 | 1,097,415 | 9,607,152.96 | 0.003 | 0.0908 | 03/31/2026 |
| 7 | Kapitalo Investimentos Ltda. | 1,094,733 | 870,235 | 9,162,915.21 | 0.2581 | 0.0866 | 03/31/2026 |
| 8 | Morgan Stanley Latam LLC | 967,921 | 862,551 | 8,101,498.77 | 0.6319 | 0.0766 | 03/31/2026 |
| 9 | American Century Investment Management, Inc. | 2,315,042 | 646,353 | 19,376,901.54 | 0.0067 | 0.1831 | 03/31/2026 |
| 10 | Millennium Management LLC | 953,561 | 635,578 | 7,981,305.57 | 0.0057 | 0.0754 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Union Investment Institutional GmbH | 0 | -3,192,436 | 0 | 0 | 0 | |
| 2 | Goldman Sachs International | 1,097,770 | -2,277,980 | 9,188,334.9 | 0.0719 | 0.0868 | 03/31/2026 |
| 3 | Two Sigma Investments LP | 62,500 | -1,090,121 | 523,125 | 0.0004 | 0.0049 | 03/31/2026 |
| 4 | Merrill Lynch International (Investment Management) | 149,186 | -847,569 | 1,248,686.82 | 0.005 | 0.0118 | 03/31/2026 |
| 5 | Deka Investment GmbH | 0 | -778,866 | 0 | 0 | 0 | |
| 6 | Two Sigma Advisers LP | 0 | -770,900 | 0 | 0 | 0 | |
| 7 | UBS Switzerland AG (Investment Management) | 459,971 | -764,530 | 3,849,957.27 | 0.0075 | 0.0364 | 03/31/2026 |
| 8 | Janus Henderson Investors (Australia) Instl. Funds Mgmt. Ltd. | 0 | -502,101 | 0 | 0 | 0 | |
| 9 | Balyasny Asset Management LP | 0 | -481,142 | 0 | 0 | 0 | |
| 10 | RBC Dominion Securities, Inc. (Investment Management) | 184 | -443,900 | 1,540.08 | 0 | 0 | 03/31/2026 |
Data provided by FactSet Research Systems Inc.