| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Schroder Investment Management North America, Inc. | 38,011,732 | 20,731,696 | 353,889,224.92 | 2.2676 | 5.3057 | 12/31/2025 |
| 2 | Schroder Investment Management Ltd. | 29,480,382 | 29,480,382 | 274,462,356.42 | 0.116 | 4.1149 | 12/31/2025 |
| 3 | Krane Funds Advisors LLC | 20,047,192 | 4,882,961 | 186,639,357.52 | 2.3234 | 2.7982 | 12/31/2025 |
| 4 | Cantillon Capital Management LLC | 18,708,502 | 20,507 | 174,176,153.62 | 1.0287 | 2.6114 | 12/31/2025 |
| 5 | BlackRock Fund Advisors | 16,327,290 | -2,845,049 | 152,007,069.9 | 0.0034 | 2.279 | 12/31/2025 |
| 6 | Overlook Investments LP | 15,868,843 | 15,868,843 | 147,738,928.33 | 100 | 2.215 | 12/31/2025 |
| 7 | The Vanguard Group, Inc. | 15,393,287 | 266,150 | 143,311,501.97 | 0.002 | 2.1486 | 12/31/2025 |
| 8 | Baillie Gifford & Co. | 13,042,381 | -3,770,943 | 121,424,567.11 | 0.0799 | 1.8205 | 12/31/2025 |
| 9 | Fidelity Management & Research Co. LLC | 11,669,037 | 2,132,456 | 108,638,734.47 | 0.0065 | 1.6288 | 12/31/2025 |
| 10 | Schroder Investment Management (Singapore) Ltd. | 9,788,096 | 8,561,799 | 91,127,173.76 | 0.8887 | 1.3662 | 12/31/2025 |
| 11 | SSgA Funds Management, Inc. | 9,590,961 | -2,963,031 | 89,291,846.91 | 0.0031 | 1.3387 | 12/31/2025 |
| 12 | Renaissance Technologies LLC | 8,450,152 | 86,662 | 78,670,915.12 | 0.1269 | 1.1795 | 12/31/2025 |
| 13 | BlackRock Advisors (UK) Ltd. | 7,851,572 | 413,299 | 73,098,135.32 | 0.0082 | 1.0959 | 12/31/2025 |
| 14 | Mawer Investment Management Ltd. | 7,808,297 | -2,337,509 | 72,695,245.07 | 0.1947 | 1.0899 | 12/31/2025 |
| 15 | JPMorgan Investment Management, Inc. | 7,709,349 | -3,393,026 | 71,774,039.19 | 0.0078 | 1.0761 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | KraneShares CSI China Internet ETF | 16,575,922 | 118,877 | 154,321,833.82 | 2.5059 | 2.3137 | 02/27/2026 |
| 2 | Government Pension Fund - Global (The) | 10,771,742 | 2,990,974 | 100,284,918.02 | 0.0062 | 1.5035 | 12/31/2025 |
| 3 | Vanguard International Growth Fund | 10,670,343 | 712,399 | 99,340,893.33 | 0.2385 | 1.4894 | 11/30/2025 |
| 4 | Hartford Schroders International Stock Fund | 7,517,345 | 183,880 | 69,986,481.95 | 0.783 | 1.0493 | 01/31/2026 |
| 5 | Vanguard Total International Stock Index Fund | 7,271,418 | 94,196 | 67,696,901.58 | 0.0117 | 1.015 | 02/28/2026 |
| 6 | Vanguard Emerging Markets Stock Index Fund | 6,863,061 | 244,427 | 63,895,097.91 | 0.0426 | 0.958 | 02/28/2026 |
| 7 | ACTIAM Duurzaam Index Aandelenfonds Opkomende Landen | 6,577,599 | 6,515,279 | 61,237,446.69 | 0.0294 | 0.9181 | 02/27/2026 |
| 8 | iShares Core MSCI Emerging Markets ETF | 6,407,540 | 849,048 | 59,654,197.4 | 0.0454 | 0.8944 | 02/27/2026 |
| 9 | American Funds New World Fund | 6,237,143 | -5,025,533 | 58,067,801.33 | 0.0837 | 0.8706 | 12/31/2025 |
| 10 | Fidelity Emerging Markets Fund | 5,736,525 | -196,500 | 53,407,047.75 | 0.5862 | 0.8007 | 01/31/2026 |
| 11 | Invesco China Technology ETF | 5,707,143 | 5,707,143 | 53,133,501.33 | 2.0719 | 0.7966 | 02/27/2026 |
| 12 | Schroder ISF - Asian Total Return | 4,825,029 | 0 | 44,921,019.99 | 0.8045 | 0.6735 | 01/31/2026 |
| 13 | JPMorgan Emerging Markets Equity Fund | 3,866,756 | -3,583,722 | 35,999,498.36 | 0.3757 | 0.5397 | 01/31/2026 |
| 14 | Schroder ISF - Emerging Markets | 3,781,206 | 1,051,544 | 35,203,027.86 | 0.5122 | 0.5278 | 01/31/2026 |
| 15 | Mawer International Equity Fund | 3,679,574 | 0 | 34,256,833.94 | 0.6702 | 0.5136 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Schroder Investment Management Ltd. | 29,480,382 | 29,480,382 | 274,462,356.42 | 0.116 | 4.1149 | 12/31/2025 |
| 2 | Schroder Investment Management North America, Inc. | 38,011,732 | 20,731,696 | 353,889,224.92 | 2.2676 | 5.3057 | 12/31/2025 |
| 3 | Overlook Investments LP | 15,868,843 | 15,868,843 | 147,738,928.33 | 100 | 2.215 | 12/31/2025 |
| 4 | Schroder Investment Management (Singapore) Ltd. | 9,788,096 | 8,561,799 | 91,127,173.76 | 0.8887 | 1.3662 | 12/31/2025 |
| 5 | Invesco Capital Management LLC | 6,004,980 | 5,451,127 | 55,906,363.8 | 0.0138 | 0.8382 | 12/31/2025 |
| 6 | Green Court Capital Management Ltd. | 5,893,162 | 5,355,162 | 54,865,338.22 | 5.264 | 0.8226 | 12/31/2025 |
| 7 | Krane Funds Advisors LLC | 20,047,192 | 4,882,961 | 186,639,357.52 | 2.3234 | 2.7982 | 12/31/2025 |
| 8 | Amova Asset Management Co., Ltd. | 5,764,321 | 4,078,061 | 53,665,828.51 | 0.017 | 0.8046 | 12/31/2025 |
| 9 | Robeco Institutional Asset Management BV | 5,706,740 | 3,771,692 | 53,129,749.4 | 0.0504 | 0.7966 | 12/31/2025 |
| 10 | William Blair Investment Management LLC | 3,592,177 | 3,592,177 | 33,443,167.87 | 0.086 | 0.5014 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Schroder & Co. Ltd. | 87,910 | -39,814,445 | 818,442.1 | 0.0065 | 0.0123 | 12/31/2025 |
| 2 | T. Rowe Price International Ltd. | 24,903 | -6,920,245 | 231,846.93 | 0.0001 | 0.0035 | 12/31/2025 |
| 3 | Schroder Investment Management (Taiwan) Ltd. | 0 | -6,192,076 | 0 | 0 | 0 | |
| 4 | Capital Research & Management Co. (World Investors) | 7,030,660 | -5,274,801 | 65,455,444.6 | 0.007 | 0.9813 | 12/31/2025 |
| 5 | Invesco Asset Management Ltd. | 679,359 | -4,143,753 | 6,324,832.29 | 0.0069 | 0.0948 | 12/31/2025 |
| 6 | Baillie Gifford & Co. | 13,042,381 | -3,770,943 | 121,424,567.11 | 0.0799 | 1.8205 | 12/31/2025 |
| 7 | Keystone Investors Pte Ltd. | 0 | -3,525,623 | 0 | 0 | 0 | |
| 8 | Driehaus Capital Management LLC | 0 | -3,444,934 | 0 | 0 | 0 | |
| 9 | JPMorgan Investment Management, Inc. | 7,709,349 | -3,393,026 | 71,774,039.19 | 0.0078 | 1.0761 | 12/31/2025 |
| 10 | SSgA Funds Management, Inc. | 9,590,961 | -2,963,031 | 89,291,846.91 | 0.0031 | 1.3387 | 12/31/2025 |
Data provided by FactSet Research Systems Inc.