| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Morgan Stanley & Co. LLC | 7,304,267 | 93,060 | 50,910,740.99 | 0.0179 | 0.83 | 12/31/2025 |
| 2 | Aperio Group LLC | 5,090,711 | 1,338,864 | 35,482,255.67 | 0.0257 | 0.5785 | 12/31/2025 |
| 3 | Nomura Investment Management Business Trust | 4,686,553 | 11,651 | 32,665,274.41 | 0.0317 | 0.5326 | 12/31/2025 |
| 4 | Operadora Inbursa de Fondos de Inversion SA de CV | 4,260,001 | 3,880,000 | 29,692,206.97 | 0.5752 | 0.4841 | 12/31/2025 |
| 5 | Parametric Portfolio Associates LLC | 3,854,092 | 485,183 | 26,863,021.24 | 0.0068 | 0.438 | 12/31/2025 |
| 6 | Millennium Management LLC | 3,329,078 | 2,509,368 | 23,203,673.66 | 0.0165 | 0.3783 | 12/31/2025 |
| 7 | Goldman Sachs & Co. LLC (Private Banking) | 2,920,617 | 1,289,134 | 20,356,700.49 | 0.009 | 0.3319 | 12/31/2025 |
| 8 | Two Sigma Investments LP | 2,177,337 | 1,210,820 | 15,176,038.89 | 0.0223 | 0.2474 | 12/31/2025 |
| 9 | Arrowstreet Capital LP | 1,529,827 | -1,071,915 | 10,662,894.19 | 0.0057 | 0.1738 | 12/31/2025 |
| 10 | American Century Investment Management, Inc. | 1,424,409 | 375,386 | 9,928,130.73 | 0.0036 | 0.1619 | 12/31/2025 |
| 11 | Point72 Asset Management LP | 1,399,240 | 1,201,740 | 9,752,702.8 | 0.0148 | 0.159 | 12/31/2025 |
| 12 | Renaissance Technologies LLC | 1,280,600 | 915,700 | 8,925,782 | 0.0136 | 0.1455 | 12/31/2025 |
| 13 | Citadel Securities LLC | 1,063,320 | 964,964 | 7,411,340.4 | 0.0155 | 0.1208 | 12/31/2025 |
| 14 | SSgA Funds Management, Inc. | 1,026,095 | 249,944 | 7,151,882.15 | 0.0002 | 0.1166 | 12/31/2025 |
| 15 | BNP Paribas Financial Markets | 880,604 | 414,206 | 6,137,809.88 | 0.0038 | 0.1001 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Macquarie Emerging Markets Fund | 4,449,485 | 0 | 31,012,910.45 | 0.2848 | 0.5056 | 12/31/2025 |
| 2 | Inbuinter, SA De CV Fondo de Inversion de Renta Variable | 4,260,001 | 3,880,000 | 29,692,206.97 | 3.0783 | 0.4841 | 12/31/2025 |
| 3 | Avantis Emerging Markets Equity ETF | 1,320,436 | 423,073 | 9,203,438.92 | 0.0473 | 0.15 | 01/30/2026 |
| 4 | State Street SPDR S&P Kensho New Economies Composite ETF | 996,990 | 298,076 | 6,949,020.3 | 0.2775 | 0.1133 | 01/30/2026 |
| 5 | RAM Lux Systematic Funds - Emerging Markets Equities | 270,321 | 0 | 1,884,137.37 | 0.1936 | 0.0307 | 06/30/2025 |
| 6 | Gabelli Utilities Fund (The) | 267,500 | 0 | 1,864,475 | 0.104 | 0.0304 | 09/30/2025 |
| 7 | Praxis International Index Fund | 155,365 | -6,210 | 1,082,894.05 | 0.1829 | 0.0177 | 12/31/2025 |
| 8 | Avantis Emerging Markets Value ETF | 152,191 | 43,145 | 1,060,771.27 | 0.0873 | 0.0173 | 01/30/2026 |
| 9 | ART Global Macro | 100,000 | 0 | 697,000 | 0.4723 | 0.0114 | 04/30/2025 |
| 10 | Gabelli Utility Trust | 60,000 | 0 | 418,200 | 0.1406 | 0.0068 | 09/30/2025 |
| 11 | Sparinvest INDEX Globale Aktier KL | 51,131 | 0 | 356,383.07 | 0.0146 | 0.0058 | 12/31/2025 |
| 12 | Barclays MM Fd. Plc - GlobalAccess Emerging Markets Equity Fd. | 50,108 | 0 | 349,252.76 | 0.0509 | 0.0057 | 05/31/2025 |
| 13 | Value Investment Fonds Klassik | 48,000 | 0 | 334,560 | 0.0653 | 0.0055 | 12/30/2025 |
| 14 | Macquarie Fd. Sol. - Emerging Markets Fund | 47,270 | -26,649 | 329,471.9 | 0.1302 | 0.0054 | 09/30/2025 |
| 15 | Avantis Emerging Markets Equity Fund | 43,376 | 0 | 302,330.72 | 0.0345 | 0.0049 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Operadora Inbursa de Fondos de Inversion SA de CV | 4,260,001 | 3,880,000 | 29,692,206.97 | 0.5752 | 0.4841 | 12/31/2025 |
| 2 | Millennium Management LLC | 3,329,078 | 2,509,368 | 23,203,673.66 | 0.0165 | 0.3783 | 12/31/2025 |
| 3 | Aperio Group LLC | 5,090,711 | 1,338,864 | 35,482,255.67 | 0.0257 | 0.5785 | 12/31/2025 |
| 4 | Goldman Sachs & Co. LLC (Private Banking) | 2,920,617 | 1,289,134 | 20,356,700.49 | 0.009 | 0.3319 | 12/31/2025 |
| 5 | Two Sigma Investments LP | 2,177,337 | 1,210,820 | 15,176,038.89 | 0.0223 | 0.2474 | 12/31/2025 |
| 6 | Point72 Asset Management LP | 1,399,240 | 1,201,740 | 9,752,702.8 | 0.0148 | 0.159 | 12/31/2025 |
| 7 | Citadel Securities LLC | 1,063,320 | 964,964 | 7,411,340.4 | 0.0155 | 0.1208 | 12/31/2025 |
| 8 | Renaissance Technologies LLC | 1,280,600 | 915,700 | 8,925,782 | 0.0136 | 0.1455 | 12/31/2025 |
| 9 | UBS Securities LLC | 745,889 | 735,765 | 5,198,846.33 | 0.0021 | 0.0848 | 12/31/2025 |
| 10 | Voloridge Investment Management LLC | 527,939 | 527,939 | 3,679,734.83 | 0.0127 | 0.06 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Marshall Wace LLP | 161,692 | -2,433,868 | 1,126,993.24 | 0.0011 | 0.0184 | 12/31/2025 |
| 2 | Arrowstreet Capital LP | 1,529,827 | -1,071,915 | 10,662,894.19 | 0.0057 | 0.1738 | 12/31/2025 |
| 3 | Discovery Capital Management LLC | 0 | -898,131 | 0 | 0 | 0 | |
| 4 | Trustus Capital Management BV | 0 | -227,300 | 0 | 0 | 0 | |
| 5 | BlackRock Financial Management, Inc. | 0 | -195,446 | 0 | 0 | 0 | |
| 6 | Quantinno Capital Management LP | 49,199 | -112,639 | 342,917.03 | 0.0007 | 0.0056 | 12/31/2025 |
| 7 | Acadian Asset Management LLC | 13,251 | -109,144 | 92,359.47 | 0.0001 | 0.0015 | 12/31/2025 |
| 8 | Vident Advisory LLC | 243,812 | -90,810 | 1,699,369.64 | 0.0127 | 0.0277 | 12/31/2025 |
| 9 | Cubist Systematic Strategies LLC | 0 | -88,031 | 0 | 0 | 0 | |
| 10 | AQR Capital Management LLC | 231,920 | -72,198 | 1,616,482.4 | 0.0008 | 0.0264 | 12/31/2025 |
Data provided by FactSet Research Systems Inc.