| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | SSgA Funds Management, Inc. | 4,257,445 | -35,007 | 40,530,876.4 | 0.0014 | 0.3368 | 06/30/2025 |
| 2 | UBS Securities LLC | 4,088,071 | 1,552,034 | 38,918,435.92 | 0.016 | 0.3234 | 06/30/2025 |
| 3 | Goldman Sachs International | 3,547,395 | 3,111,217 | 33,771,200.4 | 0.2737 | 0.2806 | 06/30/2025 |
| 4 | Union Investment Institutional GmbH | 3,212,890 | 0 | 30,586,712.8 | 0.1842 | 0.2542 | 06/30/2025 |
| 5 | Millennium Management LLC | 1,844,894 | 292,779 | 17,563,390.88 | 0.0144 | 0.1459 | 06/30/2025 |
| 6 | American Century Investment Management, Inc. | 1,591,333 | 422,897 | 15,149,490.16 | 0.0059 | 0.1259 | 06/30/2025 |
| 7 | Parametric Portfolio Associates LLC | 1,401,587 | -60,948 | 13,343,108.24 | 0.0036 | 0.1109 | 06/30/2025 |
| 8 | Two Sigma Advisers LP | 1,232,100 | 44,200 | 11,729,592 | 0.0222 | 0.0975 | 06/30/2025 |
| 9 | Two Sigma Investments LP | 1,193,855 | 41,030 | 11,365,499.6 | 0.019 | 0.0944 | 06/30/2025 |
| 10 | AzValor Asset Management SGIIC SA | 991,882 | 424,061 | 9,442,716.64 | 0.3853 | 0.0785 | 06/30/2025 |
| 11 | Bank of America, NA (Private Banking) | 949,330 | -679,165 | 9,037,621.6 | 0.0028 | 0.0751 | 06/30/2025 |
| 12 | Marshall Wace LLP | 921,337 | -1,102,863 | 8,771,128.24 | 0.0096 | 0.0729 | 06/30/2025 |
| 13 | Northern Trust Investments, Inc.(Investment Management) | 895,153 | -45,571 | 8,521,856.56 | 0.0012 | 0.0708 | 06/30/2025 |
| 14 | Itau USA Asset Management, Inc. | 870,012 | 0 | 8,282,514.24 | 0.1759 | 0.0688 | 06/30/2025 |
| 15 | UBS Switzerland AG (Investment Management) | 869,176 | 786,100 | 8,274,555.52 | 0.0191 | 0.0688 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | SPDR S&P Global Natural Resources ETF | 4,363,547 | 489,698 | 41,540,967.44 | 1.2285 | 0.3452 | 09/30/2025 |
| 2 | UniRak | 2,714,650 | 0 | 25,843,468 | 0.4066 | 0.2147 | 03/31/2025 |
| 3 | Avantis Emerging Markets Equity ETF | 1,394,336 | 430,042 | 13,274,078.72 | 0.0968 | 0.1103 | 09/30/2025 |
| 4 | azValor Internacional, FI | 991,882 | 424,061 | 9,442,716.64 | 0.3633 | 0.0785 | 06/30/2025 |
| 5 | Schroder ISF - Emerging Markets Equity Alpha | 670,286 | 0 | 6,381,122.72 | 1.0129 | 0.053 | 12/31/2024 |
| 6 | Macquarie Emerging Markets Fund | 478,196 | 478,196 | 4,552,425.92 | 0.0587 | 0.0378 | 08/29/2025 |
| 7 | SPDR Portfolio Emerging Markets ETF | 441,930 | 55,596 | 4,207,173.6 | 0.0287 | 0.035 | 09/30/2025 |
| 8 | UniRak Konservativ | 437,786 | 0 | 4,167,722.72 | 0.4274 | 0.0346 | 03/31/2025 |
| 9 | Quilter Investors OEIC - Natural Resources Equity Fund | 421,114 | 421,114 | 4,009,005.28 | 1.4505 | 0.0333 | 08/29/2025 |
| 10 | Vanguard Global Minimum Volatility Fund | 337,567 | 212,715 | 3,213,637.84 | 0.1451 | 0.0267 | 07/31/2025 |
| 11 | Avantage Fund, FI | 298,765 | 118,731 | 2,844,242.8 | 2.3088 | 0.0236 | 06/30/2025 |
| 12 | Eaton Vance Global Opportunities Portfolio | 295,100 | 295,100 | 2,809,352 | -0.1865 | 0.0233 | 07/31/2025 |
| 13 | DWS Invest - Latin American Equities | 178,100 | 0 | 1,695,512 | 0.0885 | 0.0141 | 08/29/2025 |
| 14 | Kepler Umwelt Aktienfonds | 177,981 | 0 | 1,694,379.12 | 0.8503 | 0.0141 | 12/31/2024 |
| 15 | Euromobiliare Pictet Global Trends ESG | 156,532 | -204,560 | 1,490,184.64 | 0.8165 | 0.0124 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Goldman Sachs International | 3,547,395 | 3,111,217 | 33,771,200.4 | 0.2737 | 0.2806 | 06/30/2025 |
| 2 | UBS Securities LLC | 4,088,071 | 1,552,034 | 38,918,435.92 | 0.016 | 0.3234 | 06/30/2025 |
| 3 | Janus Henderson Investors (Australia) Instl. Funds Mgmt. Ltd. | 848,857 | 848,857 | 8,081,118.64 | 2.1241 | 0.0672 | 06/30/2025 |
| 4 | UBS Switzerland AG (Investment Management) | 869,176 | 786,100 | 8,274,555.52 | 0.0191 | 0.0688 | 06/30/2025 |
| 5 | RBC Dominion Securities, Inc. (Investment Management) | 550,984 | 550,800 | 5,245,367.68 | 0.0038 | 0.0436 | 06/30/2025 |
| 6 | AzValor Asset Management SGIIC SA | 991,882 | 424,061 | 9,442,716.64 | 0.3853 | 0.0785 | 06/30/2025 |
| 7 | American Century Investment Management, Inc. | 1,591,333 | 422,897 | 15,149,490.16 | 0.0059 | 0.1259 | 06/30/2025 |
| 8 | Millennium Management LLC | 1,844,894 | 292,779 | 17,563,390.88 | 0.0144 | 0.1459 | 06/30/2025 |
| 9 | Kapitalo Investimentos Ltda. | 695,916 | 255,319 | 6,625,120.32 | 0.2319 | 0.0551 | 06/30/2025 |
| 10 | Morgan Stanley Latam LLC | 725,226 | 236,462 | 6,904,151.52 | 2.2073 | 0.0574 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Cubist Systematic Strategies LLC | 0 | -1,379,355 | 0 | 0 | 0 | |
| 2 | Marshall Wace LLP | 921,337 | -1,102,863 | 8,771,128.24 | 0.0096 | 0.0729 | 06/30/2025 |
| 3 | Bank of America, NA (Private Banking) | 949,330 | -679,165 | 9,037,621.6 | 0.0028 | 0.0751 | 06/30/2025 |
| 4 | Mirae Asset Global Investments (USA) LLC | 37,887 | -658,886 | 360,684.24 | 0.0012 | 0.003 | 06/30/2025 |
| 5 | BNP Paribas Financial Markets | 383,436 | -389,726 | 3,650,310.72 | 0.0026 | 0.0303 | 06/30/2025 |
| 6 | Point72 Asset Management LP | 0 | -229,400 | 0 | 0 | 0 | |
| 7 | Euromobiliare Asset Management SGR SpA | 156,532 | -204,560 | 1,490,184.64 | 0.0279 | 0.0124 | 06/30/2025 |
| 8 | Pictet Asset Management SA | 156,532 | -204,560 | 1,490,184.64 | 0.001 | 0.0124 | 06/30/2025 |
| 9 | BTG Pactual Asset Management US LLC | 0 | -182,120 | 0 | 0 | 0 | |
| 10 | Antipodes Partners Ltd. | 205,166 | -170,098 | 1,953,180.32 | 0.0475 | 0.0162 | 06/30/2025 |
Data provided by FactSet Research Systems Inc.