| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Schroder Investment Management North America, Inc. | 42,552,088 | 9,375,856 | 360,416,185.36 | 2.097 | 5.7392 | 03/31/2026 |
| 2 | Schroder Investment Management Ltd. | 21,358,889 | 321,417 | 180,909,789.83 | 0.069 | 2.8808 | 03/31/2026 |
| 3 | Krane Funds Advisors LLC | 17,884,151 | -1,136,490 | 151,478,758.97 | 1.8033 | 2.4121 | 03/31/2026 |
| 4 | BlackRock Fund Advisors | 17,499,085 | 1,495,807 | 148,217,249.95 | 0.0029 | 2.3602 | 03/31/2026 |
| 5 | Overlook Investments LP | 15,868,843 | 15,868,843 | 134,409,100.21 | 100 | 2.1403 | 12/31/2025 |
| 6 | Vanguard Capital Management LLC | 15,676,267 | 15,676,267 | 132,777,981.49 | 0.0023 | 2.1143 | 03/31/2026 |
| 7 | Invesco Asset Management Ltd. | 14,794,791 | 13,660,565 | 125,311,879.77 | 0.1253 | 1.9954 | 03/31/2026 |
| 8 | Cantillon Capital Management LLC | 13,382,595 | -5,069,621 | 113,350,579.65 | 0.6635 | 1.805 | 03/31/2026 |
| 9 | Baillie Gifford & Co. | 9,735,914 | -3,271,285 | 82,463,191.58 | 0.0503 | 1.3131 | 03/31/2026 |
| 10 | SSgA Funds Management, Inc. | 9,570,073 | -1,418,014 | 81,058,518.31 | 0.0024 | 1.2908 | 03/31/2026 |
| 11 | Schroder Investment Management (Singapore) Ltd. | 9,517,668 | 3,071,437 | 80,614,647.96 | 0.6613 | 1.2837 | 03/31/2026 |
| 12 | BlackRock Advisors (UK) Ltd. | 8,024,044 | 810,008 | 67,963,652.68 | 0.0066 | 1.0822 | 03/31/2026 |
| 13 | Fidelity Management & Research Co. LLC | 7,617,221 | 222,140 | 64,517,861.87 | 0.0033 | 1.0274 | 03/31/2026 |
| 14 | JPMorgan Investment Management, Inc. | 7,452,873 | -2,009,694 | 63,125,834.31 | 0.0008 | 1.0052 | 03/31/2026 |
| 15 | Mawer Investment Management Ltd. | 7,214,749 | -1,167,390 | 61,108,924.03 | 0.1677 | 0.9731 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | KraneShares CSI China Internet ETF | 16,871,833 | -834,706 | 142,904,425.51 | 2.2315 | 2.2756 | 04/30/2026 |
| 2 | Vanguard International Growth Fund | 12,636,981 | 2,679,037 | 107,035,229.07 | 0.2426 | 1.7044 | 02/28/2026 |
| 3 | Government Pension Fund - Global (The) | 10,771,742 | 2,990,974 | 91,236,654.74 | 0.005 | 1.4528 | 12/31/2025 |
| 4 | Hartford Schroders International Stock Fund | 9,840,857 | 2,225,999 | 83,352,058.79 | 0.8787 | 1.3273 | 03/31/2026 |
| 5 | Vanguard Total International Stock Index Fund | 7,264,293 | 63,875 | 61,528,561.71 | 0.0096 | 0.9798 | 03/31/2026 |
| 6 | Vanguard Emerging Markets Stock Index Fund | 6,885,687 | 265,306 | 58,321,768.89 | 0.0351 | 0.9287 | 03/31/2026 |
| 7 | iShares Core MSCI Emerging Markets ETF | 6,409,521 | 702,474 | 54,288,642.87 | 0.0351 | 0.8645 | 04/30/2026 |
| 8 | Invesco Developing Markets Fund | 5,934,438 | 5,500,174 | 50,264,689.86 | 0.5489 | 0.8004 | 03/31/2026 |
| 9 | Fidelity Emerging Markets Fund | 5,678,225 | -58,300 | 48,094,565.75 | 0.4365 | 0.7658 | 03/31/2026 |
| 10 | Schroder ISF - Asian Total Return | 4,825,029 | 0 | 40,867,995.63 | 0.6236 | 0.6508 | 02/28/2026 |
| 11 | Invesco China Technology ETF | 4,721,828 | 4,721,828 | 39,993,883.16 | 1.4188 | 0.6369 | 04/30/2026 |
| 12 | JPMorgan Emerging Markets Equity Fund | 3,866,756 | -653,044 | 32,751,423.32 | 0.2856 | 0.5215 | 03/31/2026 |
| 13 | Schroder ISF - Emerging Markets | 3,781,206 | 1,145,549 | 32,026,814.82 | 0.3814 | 0.51 | 02/28/2026 |
| 14 | Vanguard Institutional Total Intl. Stock Market Index Tr. II | 3,645,731 | -101,977 | 30,879,341.57 | 0.0099 | 0.4917 | 03/31/2026 |
| 15 | Schroder ISF - Global Equity Alpha | 3,605,738 | 1,189,007 | 30,540,600.86 | 0.6162 | 0.4863 | 02/28/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Overlook Investments LP | 15,868,843 | 15,868,843 | 134,409,100.21 | 100 | 2.1403 | 12/31/2025 |
| 2 | Vanguard Capital Management LLC | 15,676,267 | 15,676,267 | 132,777,981.49 | 0.0023 | 2.1143 | 03/31/2026 |
| 3 | Invesco Asset Management Ltd. | 14,794,791 | 13,660,565 | 125,311,879.77 | 0.1253 | 1.9954 | 03/31/2026 |
| 4 | Schroder Investment Management North America, Inc. | 42,552,088 | 9,375,856 | 360,416,185.36 | 2.097 | 5.7392 | 03/31/2026 |
| 5 | Himalaya Capital Management LLC | 6,590,836 | 6,590,836 | 55,824,380.92 | 1.2684 | 0.8889 | 03/31/2026 |
| 6 | D. E. Shaw & Co. LP | 6,572,907 | 5,954,224 | 55,672,522.29 | 0.0395 | 0.8865 | 03/31/2026 |
| 7 | JPMorgan Securities LLC (Investment Management) | 6,430,781 | 5,644,417 | 54,468,715.07 | 0.0258 | 0.8673 | 03/31/2026 |
| 8 | Voloridge Investment Management LLC | 5,661,906 | 5,628,574 | 47,956,343.82 | 0.178 | 0.7636 | 03/31/2026 |
| 9 | Morgan Stanley & Co. LLC | 6,407,966 | 4,758,958 | 54,275,472.02 | 0.0164 | 0.8643 | 03/31/2026 |
| 10 | Invesco Capital Management LLC | 5,365,062 | 4,694,884 | 45,442,075.14 | 0.0095 | 0.7236 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | The Vanguard Group, Inc. | 0 | -15,181,360 | 0 | 0 | 0 | |
| 2 | Capital Research & Management Co. (World Investors) | 0 | -10,469,475 | 0 | 0 | 0 | |
| 3 | Goldman Sachs Asset Management LP | 398,378 | -5,539,607 | 3,374,261.66 | 0.0006 | 0.0537 | 03/31/2026 |
| 4 | Cantillon Capital Management LLC | 13,382,595 | -5,069,621 | 113,350,579.65 | 0.6635 | 1.805 | 03/31/2026 |
| 5 | T. Rowe Price Hong Kong Ltd. | 0 | -4,374,290 | 0 | 0 | 0 | |
| 6 | William Blair Investment Management LLC | 0 | -3,777,985 | 0 | 0 | 0 | |
| 7 | Jane Street Capital LLC | 100,493 | -3,324,577 | 851,175.71 | 0.0008 | 0.0136 | 03/31/2026 |
| 8 | Baillie Gifford & Co. | 9,735,914 | -3,271,285 | 82,463,191.58 | 0.0503 | 1.3131 | 03/31/2026 |
| 9 | Renaissance Technologies LLC | 6,570,344 | -3,026,646 | 55,650,813.68 | 0.0794 | 0.8862 | 03/31/2026 |
| 10 | Driehaus Capital Management LLC | 0 | -2,984,661 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.