| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Morgan Stanley & Co. LLC | 7,304,267 | -310,417 | 43,533,431.32 | 0.0158 | 0.83 | 12/31/2025 |
| 2 | Aperio Group LLC | 5,090,711 | 819,641 | 30,340,637.56 | 0.0228 | 0.5785 | 12/31/2025 |
| 3 | Nomura Investment Management Business Trust | 4,686,553 | 40,224 | 27,931,855.88 | 0.0384 | 0.5326 | 12/31/2025 |
| 4 | Operadora Inbursa de Fondos de Inversion SA de CV | 4,154,501 | -33,000 | 24,760,825.96 | 0.4984 | 0.4721 | 01/30/2026 |
| 5 | Parametric Portfolio Associates LLC | 3,854,092 | 227,164 | 22,970,388.32 | 0.006 | 0.438 | 12/31/2025 |
| 6 | Millennium Management LLC | 3,329,078 | -166,313 | 19,841,304.88 | 0.0146 | 0.3783 | 12/31/2025 |
| 7 | Goldman Sachs & Co. LLC (Private Banking) | 2,920,617 | 348,401 | 17,406,877.32 | 0.008 | 0.3319 | 12/31/2025 |
| 8 | Two Sigma Investments LP | 2,177,337 | 210,509 | 12,976,928.52 | 0.0199 | 0.2474 | 12/31/2025 |
| 9 | Arrowstreet Capital LP | 1,529,827 | 476,496 | 9,117,768.92 | 0.0051 | 0.1738 | 12/31/2025 |
| 10 | American Century Investment Management, Inc. | 1,424,409 | 170,207 | 8,489,477.64 | 0.0032 | 0.1619 | 12/31/2025 |
| 11 | Point72 Asset Management LP | 1,399,240 | 817,041 | 8,339,470.4 | 0.013 | 0.159 | 12/31/2025 |
| 12 | Renaissance Technologies LLC | 1,280,600 | 827,415 | 7,632,376 | 0.0118 | 0.1455 | 12/31/2025 |
| 13 | Citadel Securities LLC | 1,063,320 | 1,013,211 | 6,337,387.2 | 0.0137 | 0.1208 | 12/31/2025 |
| 14 | SSgA Funds Management, Inc. | 1,026,095 | 261,791 | 6,115,526.2 | 0.0002 | 0.1166 | 12/31/2025 |
| 15 | BNP Paribas Financial Markets | 880,604 | 41,159 | 5,248,399.84 | 0.0033 | 0.1001 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Nomura Emerging Markets Fund | 4,449,485 | 0 | 26,518,930.6 | 0.2842 | 0.5056 | 02/27/2026 |
| 2 | Inbuinter, SA De CV Fondo de Inversion de Renta Variable | 4,154,501 | -33,000 | 24,760,825.96 | 2.6776 | 0.4721 | 01/30/2026 |
| 3 | Avantis Emerging Markets Equity ETF | 1,509,151 | 454,353 | 8,994,539.96 | 0.0443 | 0.1715 | 03/31/2026 |
| 4 | State Street SPDR S&P Kensho New Economies Composite ETF | 991,782 | 298,499 | 5,911,020.72 | 0.2464 | 0.1127 | 03/31/2026 |
| 5 | RAM Lux Systematic Funds - Emerging Markets Equities | 270,321 | 0 | 1,611,113.16 | 0.1789 | 0.0307 | 06/30/2025 |
| 6 | Gabelli Utilities Fund (The) | 267,500 | 0 | 1,594,300 | 0.0892 | 0.0304 | 12/31/2025 |
| 7 | Avantis Emerging Markets Value ETF | 193,561 | 84,515 | 1,153,623.56 | 0.0912 | 0.022 | 03/31/2026 |
| 8 | Praxis International Index Fund | 155,365 | -49,783 | 925,975.4 | 0.1693 | 0.0177 | 12/31/2025 |
| 9 | ART Global Macro | 100,000 | 0 | 596,000 | 0.4133 | 0.0114 | 10/31/2025 |
| 10 | Gabelli Utility Trust | 60,000 | 0 | 357,600 | 0.1226 | 0.0068 | 12/31/2025 |
| 11 | Sparinvest INDEX Globale Aktier KL | 51,131 | 0 | 304,740.76 | 0.0132 | 0.0058 | 01/31/2026 |
| 12 | Value Investment Fonds Klassik | 48,000 | 0 | 286,080 | 0.0617 | 0.0055 | 02/27/2026 |
| 13 | Macquarie Fd. Sol. - Emerging Markets Fund | 47,270 | 0 | 281,729.2 | 0.1215 | 0.0054 | 09/30/2025 |
| 14 | Avantis Emerging Markets Equity Fund | 43,376 | 0 | 258,520.96 | 0.0321 | 0.0049 | 12/31/2025 |
| 15 | Dimensional Emerging Markets Core Equity 2 ETF | 40,975 | 40,975 | 244,211 | 0.0032 | 0.0047 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Citadel Securities LLC | 1,063,320 | 1,013,211 | 6,337,387.2 | 0.0137 | 0.1208 | 12/31/2025 |
| 2 | Renaissance Technologies LLC | 1,280,600 | 827,415 | 7,632,376 | 0.0118 | 0.1455 | 12/31/2025 |
| 3 | Aperio Group LLC | 5,090,711 | 819,641 | 30,340,637.56 | 0.0228 | 0.5785 | 12/31/2025 |
| 4 | Point72 Asset Management LP | 1,399,240 | 817,041 | 8,339,470.4 | 0.013 | 0.159 | 12/31/2025 |
| 5 | Voloridge Investment Management LLC | 527,939 | 527,939 | 3,146,516.44 | 0.0112 | 0.06 | 12/31/2025 |
| 6 | UBS Securities LLC | 745,889 | 520,578 | 4,445,498.44 | 0.0019 | 0.0848 | 12/31/2025 |
| 7 | Arrowstreet Capital LP | 1,529,827 | 476,496 | 9,117,768.92 | 0.0051 | 0.1738 | 12/31/2025 |
| 8 | Qube Research & Technologies Ltd. | 515,126 | 438,204 | 3,070,150.96 | 0.0044 | 0.0585 | 12/31/2025 |
| 9 | Goldman Sachs & Co. LLC (Private Banking) | 2,920,617 | 348,401 | 17,406,877.32 | 0.008 | 0.3319 | 12/31/2025 |
| 10 | Creative Planning LLC | 697,644 | 301,175 | 4,157,958.24 | 0.003 | 0.0793 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Marshall Wace LLP | 161,692 | -1,326,559 | 963,684.32 | 0.0009 | 0.0184 | 12/31/2025 |
| 2 | Discovery Capital Management LLC | 0 | -1,123,037 | 0 | 0 | 0 | |
| 3 | Morgan Stanley & Co. LLC | 7,304,267 | -310,417 | 43,533,431.32 | 0.0158 | 0.83 | 12/31/2025 |
| 4 | Quadrature Capital Ltd. | 108,183 | -309,374 | 644,770.68 | 0.0066 | 0.0123 | 12/31/2025 |
| 5 | Cubist Systematic Strategies LLC | 0 | -306,699 | 0 | 0 | 0 | |
| 6 | Trustus Capital Management BV | 0 | -227,300 | 0 | 0 | 0 | |
| 7 | Millennium Management LLC | 3,329,078 | -166,313 | 19,841,304.88 | 0.0146 | 0.3783 | 12/31/2025 |
| 8 | Leap Investments LP | 109,263 | -92,993 | 651,207.48 | 0.0124 | 0.0124 | 12/31/2025 |
| 9 | BlackRock Financial Management, Inc. | 0 | -79,350 | 0 | 0 | 0 | |
| 10 | BlackRock Fund Advisors | 0 | -70,898 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.