| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Naman Capital Ltda. | 14,079,999 | 0 | 56,319,996 | 8.09 | 1.2618 | 09/30/2025 |
| 2 | JPMorgan Securities LLC (Investment Management) | 4,082,816 | 3,010,375 | 16,331,264 | 0.0078 | 0.3659 | 09/30/2025 |
| 3 | Parametric Portfolio Associates LLC | 3,592,567 | 509,574 | 14,370,268 | 0.0037 | 0.322 | 09/30/2025 |
| 4 | Millennium Management LLC | 2,796,662 | 1,892,107 | 11,186,648 | 0.0086 | 0.2506 | 09/30/2025 |
| 5 | American Century Investment Management, Inc. | 2,785,187 | 892,930 | 11,140,748 | 0.0042 | 0.2496 | 09/30/2025 |
| 6 | Renaissance Technologies LLC | 2,575,600 | 423,800 | 10,302,400 | 0.0134 | 0.2308 | 09/30/2025 |
| 7 | UBS Securities LLC | 2,569,177 | 2,380,648 | 10,276,708 | 0.0041 | 0.2302 | 09/30/2025 |
| 8 | Morgan Stanley & Co. LLC | 2,061,541 | 735,251 | 8,246,164 | 0.0028 | 0.1848 | 09/30/2025 |
| 9 | Aperio Group LLC | 1,866,485 | 400,224 | 7,465,940 | 0.0056 | 0.1673 | 09/30/2025 |
| 10 | Goldman Sachs & Co. LLC (Private Banking) | 1,254,335 | 211,750 | 5,017,340 | 0.0021 | 0.1124 | 09/30/2025 |
| 11 | SLGI Asset Management, Inc. | 1,139,033 | -487,127 | 4,556,132 | 0.1186 | 0.1021 | 06/30/2025 |
| 12 | Acadian Asset Management LLC | 1,058,364 | -329,089 | 4,233,456 | 0.0063 | 0.0948 | 09/30/2025 |
| 13 | BlackRock Fund Advisors | 959,844 | -2,479,260 | 3,839,376 | 0.0001 | 0.086 | 09/30/2025 |
| 14 | Goldman Sachs International | 836,946 | -79,122 | 3,347,784 | 0.0249 | 0.075 | 09/30/2025 |
| 15 | Two Sigma Investments LP | 817,679 | -523,969 | 3,270,716 | 0.005 | 0.0733 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Avantis Emerging Markets Equity ETF | 2,718,357 | 582,238 | 10,873,428 | 0.0716 | 0.2436 | 11/28/2025 |
| 2 | Old Westbury Small & Mid Cap Strategies Fund | 2,310,064 | 581,017 | 9,240,256 | 0.0993 | 0.207 | 07/31/2025 |
| 3 | Sun Life Acadian International Equity Fund | 1,139,033 | -487,127 | 4,556,132 | 0.5232 | 0.1021 | 06/30/2025 |
| 4 | iShares Global Infrastructure Index Fund | 823,268 | 104,801 | 3,293,072 | 0.4776 | 0.0738 | 11/28/2025 |
| 5 | Lumyna - MW TOPS UCITS Fund | 553,161 | 0 | 2,212,644 | 0.0837 | 0.0496 | 03/31/2025 |
| 6 | White Fleet II SICAV - SGVP Global Value Equity Fund | 530,000 | 70,000 | 2,120,000 | 1.9772 | 0.0475 | 08/29/2025 |
| 7 | Warburg Value Fund | 405,000 | 0 | 1,620,000 | 1.3957 | 0.0363 | 05/30/2025 |
| 8 | Cantor Fitzgerald Infrastructure Fund | 399,500 | 310,000 | 1,598,000 | 0.2918 | 0.0358 | 09/30/2025 |
| 9 | Polunin Funds - Developing Countries | 321,935 | 321,935 | 1,287,740 | 0.3943 | 0.0289 | 06/30/2025 |
| 10 | HSBC ETFs Plc - MSCI Emerging Markets | 276,835 | 44,274 | 1,107,340 | 0.0279 | 0.0248 | 11/28/2025 |
| 11 | Dimensional World ex-US Core Equity 2 ETF | 180,861 | 0 | 723,444 | 0.0073 | 0.0162 | 11/28/2025 |
| 12 | BlackRock ISF - iShares EM Screened Equity Index Fund (IE) | 178,628 | 8,172 | 714,512 | 0.0995 | 0.016 | 10/31/2025 |
| 13 | DFA International Core Equity Fund | 131,402 | 0 | 525,608 | 0.0165 | 0.0118 | 06/30/2025 |
| 14 | Avantis Emerging Markets Equity Fund | 114,990 | 56,404 | 459,960 | 0.0636 | 0.0103 | 09/30/2025 |
| 15 | ActivePassive International Equity ETF | 97,479 | 80,104 | 389,916 | 0.0406 | 0.0087 | 11/28/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | JPMorgan Securities LLC (Investment Management) | 4,082,816 | 3,010,375 | 16,331,264 | 0.0078 | 0.3659 | 09/30/2025 |
| 2 | UBS Securities LLC | 2,569,177 | 2,380,648 | 10,276,708 | 0.0041 | 0.2302 | 09/30/2025 |
| 3 | Millennium Management LLC | 2,796,662 | 1,892,107 | 11,186,648 | 0.0086 | 0.2506 | 09/30/2025 |
| 4 | American Century Investment Management, Inc. | 2,785,187 | 892,930 | 11,140,748 | 0.0042 | 0.2496 | 09/30/2025 |
| 5 | Morgan Stanley & Co. LLC | 2,061,541 | 735,251 | 8,246,164 | 0.0028 | 0.1848 | 09/30/2025 |
| 6 | Parametric Portfolio Associates LLC | 3,592,567 | 509,574 | 14,370,268 | 0.0037 | 0.322 | 09/30/2025 |
| 7 | Morgan Stanley Latam LLC | 431,419 | 431,419 | 1,725,676 | 0.7038 | 0.0387 | 09/30/2025 |
| 8 | Jane Street Capital LLC | 430,732 | 430,732 | 1,722,928 | 0.002 | 0.0386 | 09/30/2025 |
| 9 | Renaissance Technologies LLC | 2,575,600 | 423,800 | 10,302,400 | 0.0134 | 0.2308 | 09/30/2025 |
| 10 | Aperio Group LLC | 1,866,485 | 400,224 | 7,465,940 | 0.0056 | 0.1673 | 09/30/2025 |
| # | 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 | 28,544 | -2,592,867 | 114,176 | 0.0001 | 0.0026 | 09/30/2025 |
| 3 | BlackRock Fund Advisors | 959,844 | -2,479,260 | 3,839,376 | 0.0001 | 0.086 | 09/30/2025 |
| 4 | Hennessy Advisors, Inc. (Investment Management) | 0 | -1,625,700 | 0 | 0 | 0 | |
| 5 | Qube Research & Technologies Ltd. | 220,760 | -1,393,534 | 883,040 | 0.0012 | 0.0198 | 09/30/2025 |
| 6 | Two Sigma Advisers LP | 163,400 | -1,058,600 | 653,600 | 0.0013 | 0.0146 | 09/30/2025 |
| 7 | Arrowstreet Capital LP | 0 | -840,749 | 0 | 0 | 0 | |
| 8 | SSgA Funds Management, Inc. | 210,043 | -645,900 | 840,172 | 0 | 0.0188 | 09/30/2025 |
| 9 | BofA Securities, Inc. | 0 | -552,576 | 0 | 0 | 0 | |
| 10 | Two Sigma Investments LP | 817,679 | -523,969 | 3,270,716 | 0.005 | 0.0733 | 09/30/2025 |
Data provided by FactSet Research Systems Inc.