| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Naman Capital Ltda. | 14,079,999 | 0 | 55,193,596.08 | 8.2248 | 1.2622 | 06/30/2025 |
| 2 | Parametric Portfolio Associates LLC | 3,942,723 | 859,730 | 15,455,474.16 | 0.0041 | 0.3534 | 06/30/2025 |
| 3 | BlackRock Fund Advisors | 3,596,302 | 157,198 | 14,097,503.84 | 0.0003 | 0.3224 | 06/30/2025 |
| 4 | American Century Investment Management, Inc. | 2,695,322 | 803,065 | 10,565,662.24 | 0.0041 | 0.2416 | 06/30/2025 |
| 5 | Renaissance Technologies LLC | 2,414,700 | 262,900 | 9,465,624 | 0.0116 | 0.2165 | 06/30/2025 |
| 6 | Morgan Stanley & Co. LLC | 2,276,838 | 950,548 | 8,925,204.96 | 0.0029 | 0.2041 | 06/30/2025 |
| 7 | Aperio Group LLC | 1,912,021 | 445,760 | 7,495,122.32 | 0.0059 | 0.1714 | 06/30/2025 |
| 8 | JPMorgan Securities LLC (Investment Management) | 1,878,562 | 806,121 | 7,363,963.04 | 0.0036 | 0.1684 | 06/30/2025 |
| 9 | Qube Research & Technologies Ltd. | 1,513,765 | -100,529 | 5,933,958.8 | 0.0079 | 0.1357 | 06/30/2025 |
| 10 | UBS Securities LLC | 1,210,828 | 1,022,299 | 4,746,445.76 | 0.0019 | 0.1085 | 06/30/2025 |
| 11 | Acadian Asset Management LLC | 1,139,033 | -248,420 | 4,465,009.36 | 0.0072 | 0.1021 | 06/30/2025 |
| 12 | SLGI Asset Management, Inc. | 1,139,033 | -487,127 | 4,465,009.36 | 0.1202 | 0.1021 | 06/30/2025 |
| 13 | Goldman Sachs & Co. LLC (Private Banking) | 1,119,633 | 77,048 | 4,388,961.36 | 0.0017 | 0.1004 | 06/30/2025 |
| 14 | Two Sigma Investments LP | 1,013,235 | -328,413 | 3,971,881.2 | 0.0066 | 0.0908 | 06/30/2025 |
| 15 | Marshall Wace LLP | 915,813 | -1,705,598 | 3,589,986.96 | 0.0038 | 0.0821 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Avantis Emerging Markets Equity ETF | 2,481,982 | 668,749 | 9,729,369.44 | 0.0697 | 0.2225 | 09/30/2025 |
| 2 | Old Westbury Small & Mid Cap Strategies Fund | 2,310,064 | 2,310,064 | 9,055,450.88 | 0.0992 | 0.2071 | 07/31/2025 |
| 3 | iShares Tr. - Global Infrastructure ETF | 2,139,813 | 103,657 | 8,388,066.96 | 0.0996 | 0.1918 | 09/30/2025 |
| 4 | Sun Life Acadian International Equity Fund | 1,139,033 | -487,127 | 4,465,009.36 | 0.5231 | 0.1021 | 06/30/2025 |
| 5 | iShares Global Infrastructure Index Fund | 759,768 | 48,978 | 2,978,290.56 | 0.4671 | 0.0681 | 09/30/2025 |
| 6 | Lumyna - MW TOPS UCITS Fund | 553,161 | 0 | 2,168,391.12 | 0.0827 | 0.0496 | 03/31/2025 |
| 7 | White Fleet II SICAV - SGVP Global Value Equity Fund | 460,000 | 60,000 | 1,803,200 | 1.6775 | 0.0412 | 06/30/2025 |
| 8 | Warburg Value Fund | 405,000 | 30,000 | 1,587,600 | 1.4162 | 0.0363 | 05/30/2025 |
| 9 | Polunin Funds - Developing Countries | 321,935 | 321,935 | 1,261,985.2 | 0.3848 | 0.0289 | 06/30/2025 |
| 10 | HSBC ETFs Plc - MSCI Emerging Markets | 251,423 | 18,862 | 985,578.16 | 0.026 | 0.0225 | 09/30/2025 |
| 11 | BlackRock ISF - iShares EM Screened Equity Index Fund (IE) | 218,672 | 74,506 | 857,194.24 | 0.1146 | 0.0196 | 09/30/2025 |
| 12 | Dimensional World ex-US Core Equity 2 ETF | 180,861 | 120,017 | 708,975.12 | 0.0073 | 0.0162 | 09/30/2025 |
| 13 | SPDR S&P Global Infrastructure ETF | 160,700 | -6,700 | 629,944 | 0.1003 | 0.0144 | 09/30/2025 |
| 14 | DFA International Core Equity Fund | 131,402 | 0 | 515,095.84 | 0.0163 | 0.0118 | 06/30/2025 |
| 15 | Avantis Emerging Markets Equity Fund | 114,990 | 56,404 | 450,760.8 | 0.0598 | 0.0103 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | UBS Securities LLC | 1,210,828 | 1,022,299 | 4,746,445.76 | 0.0019 | 0.1085 | 06/30/2025 |
| 2 | Morgan Stanley & Co. LLC | 2,276,838 | 950,548 | 8,925,204.96 | 0.0029 | 0.2041 | 06/30/2025 |
| 3 | Parametric Portfolio Associates LLC | 3,942,723 | 859,730 | 15,455,474.16 | 0.0041 | 0.3534 | 06/30/2025 |
| 4 | JPMorgan Securities LLC (Investment Management) | 1,878,562 | 806,121 | 7,363,963.04 | 0.0036 | 0.1684 | 06/30/2025 |
| 5 | American Century Investment Management, Inc. | 2,695,322 | 803,065 | 10,565,662.24 | 0.0041 | 0.2416 | 06/30/2025 |
| 6 | Quadrant Capital Group LLC | 497,253 | 460,388 | 1,949,231.76 | 0.064 | 0.0446 | 06/30/2025 |
| 7 | Aperio Group LLC | 1,912,021 | 445,760 | 7,495,122.32 | 0.0059 | 0.1714 | 06/30/2025 |
| 8 | BNP Paribas Financial Markets | 374,838 | 304,758 | 1,469,364.96 | 0.001 | 0.0336 | 06/30/2025 |
| 9 | Renaissance Technologies LLC | 2,414,700 | 262,900 | 9,465,624 | 0.0116 | 0.2165 | 06/30/2025 |
| 10 | Longfellow Investment Management Co. LLC | 616,345 | 174,818 | 2,416,072.4 | 0.5519 | 0.0553 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Polunin Capital Partners Ltd. | 0 | -8,680,434 | 0 | 0 | 0 | |
| 2 | Marshall Wace LLP | 915,813 | -1,705,598 | 3,589,986.96 | 0.0038 | 0.0821 | 06/30/2025 |
| 3 | Hennessy Advisors, Inc. (Investment Management) | 0 | -1,625,700 | 0 | 0 | 0 | |
| 4 | Arrowstreet Capital LP | 0 | -840,749 | 0 | 0 | 0 | |
| 5 | Goldman Sachs International | 191,933 | -724,135 | 752,377.36 | 0.006 | 0.0172 | 06/30/2025 |
| 6 | SLGI Asset Management, Inc. | 1,139,033 | -487,127 | 4,465,009.36 | 0.1202 | 0.1021 | 06/30/2025 |
| 7 | Two Sigma Advisers LP | 763,100 | -458,900 | 2,991,352 | 0.0056 | 0.0684 | 06/30/2025 |
| 8 | Citadel Advisors LLC | 0 | -434,507 | 0 | 0 | 0 | |
| 9 | BofA Securities, Inc. | 189,816 | -362,760 | 744,078.72 | 0.0013 | 0.017 | 06/30/2025 |
| 10 | UBS Switzerland AG (Investment Management) | 32,548 | -354,089 | 127,588.16 | 0.0003 | 0.0029 | 06/30/2025 |
Data provided by FactSet Research Systems Inc.