| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (World Investors) | 89,322,261 | 32,864,929 | 1,510,439,433.51 | 0.1458 | 1.9679 | 12/31/2025 |
| 2 | GQG Partners LLC | 65,132,572 | 19,397,396 | 1,101,391,792.52 | 0.8205 | 1.435 | 12/31/2025 |
| 3 | BlackRock Investment Management (UK) Ltd. | 43,043,875 | 1,905,874 | 727,871,926.25 | 0.0853 | 0.9483 | 12/31/2025 |
| 4 | Arrowstreet Capital LP | 41,596,000 | 39,818,066 | 703,388,360 | 0.367 | 0.9164 | 12/31/2025 |
| 5 | Fidelity Management & Research Co. LLC | 35,906,718 | -2,690,752 | 607,182,601.38 | 0.0317 | 0.7911 | 12/31/2025 |
| 6 | Capital Research & Management Co. (International Investors) | 27,642,423 | -18,572,964 | 467,433,372.93 | 0.0652 | 0.609 | 12/31/2025 |
| 7 | Robeco Institutional Asset Management BV | 27,561,997 | 15,856,422 | 466,073,369.27 | 0.3835 | 0.6072 | 03/31/2026 |
| 8 | Lazard Asset Management LLC | 22,480,635 | 208,128 | 380,147,537.85 | 0.3174 | 0.4953 | 12/31/2025 |
| 9 | Fisher Asset Management LLC | 21,597,376 | -145,128 | 365,211,628.16 | 0.1166 | 0.4758 | 12/31/2025 |
| 10 | FIAM LLC | 18,725,993 | 2,443,348 | 316,656,541.63 | 0.1475 | 0.4126 | 12/31/2025 |
| 11 | Orbis Investment Management Ltd. | 18,242,181 | 4,668,386 | 308,475,280.71 | 0.756 | 0.4019 | 12/31/2025 |
| 12 | Connor, Clark & Lunn Investment Management Ltd. | 17,937,883 | 4,760,229 | 303,329,601.53 | 0.6706 | 0.3952 | 12/31/2025 |
| 13 | BlackRock Fund Advisors | 17,099,848 | 2,681,613 | 289,158,429.68 | 0.0058 | 0.3767 | 12/31/2025 |
| 14 | Invesco Asset Management Ltd. | 16,356,231 | -11,617,591 | 276,583,866.21 | 0.283 | 0.3603 | 12/31/2025 |
| 15 | Assenagon Asset Management SA (Germany) | 15,663,641 | 13,752,562 | 264,872,169.31 | 0.352 | 0.3451 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | American Funds EUPAC Fund | 40,004,807 | 11,299,168 | 676,481,286.37 | 0.5203 | 0.8814 | 03/31/2026 |
| 2 | GQG Partners Emerging Markets Equity Fund | 34,800,434 | 10,975,787 | 588,475,338.94 | 2.4383 | 0.7667 | 12/31/2025 |
| 3 | BlackRock World Mining Fund | 23,621,569 | 2,429,421 | 399,440,731.79 | 5.2401 | 0.5204 | 03/31/2026 |
| 4 | iShares Tr. - Latin America 40 ETF | 23,546,951 | 10,255,030 | 398,178,941.41 | 9.1834 | 0.5188 | 03/31/2026 |
| 5 | American Funds Income Fund of America | 21,864,276 | 21,864,276 | 369,724,907.16 | 0.3695 | 0.4817 | 03/31/2026 |
| 6 | American Funds Capital World Growth & Income Fund | 18,418,666 | 8,418,763 | 311,459,642.06 | 0.2127 | 0.4058 | 03/31/2026 |
| 7 | Invesco Developing Markets Fund | 12,666,225 | -15,178,756 | 214,185,864.75 | 2.3492 | 0.2791 | 02/28/2026 |
| 8 | Fidelity Inv. Trust - Emerging Markets Opportunities Fund | 11,591,770 | -2,054,400 | 196,016,830.7 | 0.6626 | 0.2554 | 02/28/2026 |
| 9 | American Funds Growth Fund of America | 10,435,289 | 10,435,289 | 176,460,736.99 | 0.0538 | 0.2299 | 03/31/2026 |
| 10 | Fidelity Global Innovators Investment Trust | 7,837,955 | 7,837,955 | 132,539,819.05 | 0.4618 | 0.1727 | 01/31/2026 |
| 11 | Avantis Emerging Markets Equity ETF | 7,371,445 | 3,120,926 | 124,651,134.95 | 0.5592 | 0.1624 | 03/31/2026 |
| 12 | Lazard Emerging Markets Equity Portfolio | 7,330,936 | 1,243,297 | 123,966,127.76 | 1.4602 | 0.1615 | 03/31/2026 |
| 13 | MFS Emerging Markets Equity Fund | 6,624,053 | -2,103,288 | 112,012,736.23 | 1.0713 | 0.1459 | 03/31/2026 |
| 14 | BlackRock World Mining Trust Plc | 6,600,507 | -2,113,049 | 111,614,573.37 | 4.6475 | 0.1454 | 03/30/2026 |
| 15 | Fidelity Advisor Focused Emerging Markets Fund | 5,992,820 | -3,724,200 | 101,338,586.2 | 0.8652 | 0.132 | 02/28/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Arrowstreet Capital LP | 41,596,000 | 39,818,066 | 703,388,360 | 0.367 | 0.9164 | 12/31/2025 |
| 2 | Capital Research & Management Co. (World Investors) | 89,322,261 | 32,864,929 | 1,510,439,433.51 | 0.1458 | 1.9679 | 12/31/2025 |
| 3 | GQG Partners LLC | 65,132,572 | 19,397,396 | 1,101,391,792.52 | 0.8205 | 1.435 | 12/31/2025 |
| 4 | Robeco Institutional Asset Management BV | 27,561,997 | 15,856,422 | 466,073,369.27 | 0.3835 | 0.6072 | 03/31/2026 |
| 5 | Assenagon Asset Management SA (Germany) | 15,663,641 | 13,752,562 | 264,872,169.31 | 0.352 | 0.3451 | 03/31/2026 |
| 6 | AQR Capital Management LLC | 9,530,954 | 8,502,501 | 161,168,432.14 | 0.0738 | 0.21 | 12/31/2025 |
| 7 | Two Sigma Investments LP | 7,758,691 | 6,336,976 | 131,199,464.81 | 0.1894 | 0.1709 | 12/31/2025 |
| 8 | Artemis Investment Management LLP | 5,808,527 | 5,808,527 | 98,222,191.57 | 0.2162 | 0.128 | 03/31/2026 |
| 9 | Truist Advisory Services, Inc. | 5,753,941 | 5,708,299 | 97,299,142.31 | 0.2312 | 0.1268 | 03/31/2026 |
| 10 | Holocene Advisors, LP | 7,532,061 | 5,227,544 | 127,367,151.51 | 0.2581 | 0.1659 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (International Investors) | 27,642,423 | -18,572,964 | 467,433,372.93 | 0.0652 | 0.609 | 12/31/2025 |
| 2 | Invesco Asset Management Ltd. | 16,356,231 | -11,617,591 | 276,583,866.21 | 0.283 | 0.3603 | 12/31/2025 |
| 3 | SPX Gestao de Recursos Ltda. | 395,018 | -10,673,385 | 6,679,754.38 | 0.2309 | 0.0087 | 12/31/2025 |
| 4 | Ninety One UK Ltd. | 0 | -7,632,938 | 0 | 0 | 0 | |
| 5 | Marshall Wace LLP | 3,165,210 | -6,006,665 | 53,523,701.1 | 0.0489 | 0.0697 | 12/31/2025 |
| 6 | BofA Securities, Inc. | 2,922,690 | -4,540,380 | 49,422,687.9 | 0.0746 | 0.0644 | 12/31/2025 |
| 7 | Contrarian Capital Management LLC | 0 | -3,551,171 | 0 | 0 | 0 | |
| 8 | Ninety One North America, Inc. | 0 | -3,377,582 | 0 | 0 | 0 | |
| 9 | Woodline Partners LP | 0 | -3,320,210 | 0 | 0 | 0 | |
| 10 | UBS Switzerland AG (Investment Management) | 0 | -3,097,007 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.