| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Krane Funds Advisors LLC | 5,072,913 | -1,271,679 | 64,882,557.27 | 0.7724 | 3.5849 | 03/31/2026 |
| 2 | Triata Capital Ltd. | 3,496,428 | 2,412,448 | 44,719,314.12 | 7.8521 | 2.4708 | 03/31/2026 |
| 3 | Vanguard Capital Management LLC | 3,343,269 | 3,343,269 | 42,760,410.51 | 0.0007 | 2.3626 | 03/31/2026 |
| 4 | Greenwoods Investments SG Pte Ltd. | 3,295,438 | 0 | 42,148,652.02 | 0.8778 | 2.3288 | 03/31/2026 |
| 5 | D. E. Shaw & Co. LP | 3,130,511 | 3,130,511 | 40,039,235.69 | 0.0284 | 2.2122 | 03/31/2026 |
| 6 | BlackRock Fund Advisors | 2,733,162 | -394,752 | 34,957,141.98 | 0.0007 | 1.9314 | 03/31/2026 |
| 7 | Goldman Sachs & Co. LLC (Private Banking) | 2,131,866 | 1,725,519 | 27,266,566.14 | 0.0086 | 1.5065 | 03/31/2026 |
| 8 | Acadian Asset Management LLC | 1,896,986 | -3,005,043 | 24,262,450.94 | 0.0267 | 1.3405 | 03/31/2026 |
| 9 | Citigroup Global Markets, Inc. (Investment Management) | 1,793,490 | 294,511 | 22,938,737.1 | 0.0134 | 1.2674 | 03/31/2026 |
| 10 | Dimensional Fund Advisors LP | 1,636,471 | 12,810 | 20,930,464.09 | 0.0028 | 1.1564 | 03/31/2026 |
| 11 | Swedbank Robur Fonder AB | 1,629,500 | -30,564 | 20,841,305 | 0.0104 | 1.1515 | 03/31/2026 |
| 12 | Norges Bank Investment Management | 1,579,428 | 581,615 | 20,200,884.12 | 0.0012 | 1.1161 | 12/31/2025 |
| 13 | BlackRock Investment Management (UK) Ltd. | 1,539,022 | 1,000,854 | 19,684,091.38 | 0.0023 | 1.0876 | 03/31/2026 |
| 14 | American Century Investment Management, Inc. | 1,127,129 | 332,855 | 14,415,979.91 | 0.005 | 0.7965 | 03/31/2026 |
| 15 | SSgA Funds Management, Inc. | 1,120,163 | -1,120,697 | 14,326,884.77 | 0.0004 | 0.7916 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | KraneShares CSI China Internet ETF | 4,772,059 | -1,132,775 | 61,034,634.61 | 0.9531 | 3.3723 | 04/30/2026 |
| 2 | Morgan Stanley Invt. Fds. - Asia Opportunity Fund | 1,693,407 | -232,068 | 21,658,675.53 | 0.8186 | 1.1967 | 12/31/2025 |
| 3 | Vanguard Total International Stock Index Fund | 1,508,506 | -6,459 | 19,293,791.74 | 0.003 | 1.066 | 03/31/2026 |
| 4 | Vanguard Emerging Markets Stock Index Fund | 1,398,030 | -3,433 | 17,880,803.7 | 0.0108 | 0.9879 | 03/31/2026 |
| 5 | Swedbank Robur Global Emerging Markets | 1,329,500 | 0 | 17,004,305 | 0.7215 | 0.9395 | 04/30/2026 |
| 6 | BlackRock Global Funds - World Financials Fund | 1,135,533 | 1,135,533 | 14,523,467.07 | 0.5767 | 0.8024 | 03/31/2026 |
| 7 | iShares Core MSCI Emerging Markets ETF | 1,133,484 | 113,747 | 14,497,260.36 | 0.0094 | 0.801 | 04/30/2026 |
| 8 | DFA Emerging Markets Core Equity 2 Portfolio | 1,029,222 | 0 | 13,163,749.38 | 0.0332 | 0.7273 | 02/28/2026 |
| 9 | Avantis Emerging Markets Equity ETF | 1,022,942 | 314,791 | 13,083,428.18 | 0.0544 | 0.7229 | 04/30/2026 |
| 10 | Vanguard Institutional Total Intl. Stock Market Index Tr. II | 746,151 | -42,473 | 9,543,271.29 | 0.0031 | 0.5273 | 03/31/2026 |
| 11 | Artemis Smart GARP Global Emerging Markets Equity Fund | 641,800 | 0 | 8,208,622 | 0.2584 | 0.4535 | 08/31/2025 |
| 12 | BOCOM Schroder CSI Overseas China Internet Index Fund | 618,106 | -163,647 | 7,905,575.74 | 0.8981 | 0.4368 | 12/31/2025 |
| 13 | Man Funds Plc - Asia ex Japan Equity | 587,782 | 0 | 7,517,731.78 | 0.5082 | 0.4154 | 06/30/2025 |
| 14 | iShares V Plc - EM Dividend UCITS ETF | 560,767 | 560,767 | 7,172,209.93 | 0.5212 | 0.3963 | 04/30/2026 |
| 15 | iShares Emerging Markets Dividend ETF | 520,974 | 520,974 | 6,663,257.46 | 0.5266 | 0.3682 | 04/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Vanguard Capital Management LLC | 3,343,269 | 3,343,269 | 42,760,410.51 | 0.0007 | 2.3626 | 03/31/2026 |
| 2 | D. E. Shaw & Co. LP | 3,130,511 | 3,130,511 | 40,039,235.69 | 0.0284 | 2.2122 | 03/31/2026 |
| 3 | Triata Capital Ltd. | 3,496,428 | 2,412,448 | 44,719,314.12 | 7.8521 | 2.4708 | 03/31/2026 |
| 4 | Goldman Sachs & Co. LLC (Private Banking) | 2,131,866 | 1,725,519 | 27,266,566.14 | 0.0086 | 1.5065 | 03/31/2026 |
| 5 | BlackRock Investment Management (UK) Ltd. | 1,539,022 | 1,000,854 | 19,684,091.38 | 0.0023 | 1.0876 | 03/31/2026 |
| 6 | Tiger Pacific Capital LP | 954,921 | 954,921 | 12,213,439.59 | 5.9402 | 0.6748 | 03/31/2026 |
| 7 | M&G Investment Management Ltd. | 709,248 | 709,248 | 9,071,281.92 | 0.0109 | 0.5012 | 03/31/2026 |
| 8 | Norges Bank Investment Management | 1,579,428 | 581,615 | 20,200,884.12 | 0.0012 | 1.1161 | 12/31/2025 |
| 9 | Invesco Asset Management Ltd. | 460,252 | 454,428 | 5,886,623.08 | 0.0059 | 0.3252 | 03/31/2026 |
| 10 | Grantham, Mayo, Van Otterloo & Co. LLC | 466,829 | 453,799 | 5,970,742.91 | 0.0104 | 0.3299 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | OLP Capital Management Ltd. | 0 | -5,010,933 | 0 | 0 | 0 | |
| 2 | The Vanguard Group, Inc. | 0 | -3,313,020 | 0 | 0 | 0 | |
| 3 | Acadian Asset Management LLC | 1,896,986 | -3,005,043 | 24,262,450.94 | 0.0267 | 1.3405 | 03/31/2026 |
| 4 | Numeric Investors LLC | 0 | -2,282,852 | 0 | 0 | 0 | |
| 5 | Morgan Stanley Investment Management, Inc. | 0 | -2,255,853 | 0 | 0 | 0 | |
| 6 | Krane Funds Advisors LLC | 5,072,913 | -1,271,679 | 64,882,557.27 | 0.7724 | 3.5849 | 03/31/2026 |
| 7 | SSgA Funds Management, Inc. | 1,120,163 | -1,120,697 | 14,326,884.77 | 0.0004 | 0.7916 | 03/31/2026 |
| 8 | Morgan Stanley & Co. LLC | 774,108 | -1,111,577 | 9,900,841.32 | 0.003 | 0.547 | 03/31/2026 |
| 9 | Driehaus Capital Management LLC | 0 | -1,041,340 | 0 | 0 | 0 | |
| 10 | Point72 Asset Management LP | 0 | -995,101 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.