| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (World Investors) | 104,839,174 | 48,381,842 | 1,647,023,423.54 | 0.1436 | 2.3617 | 03/31/2026 |
| 2 | Arrowstreet Capital LP | 47,947,703 | 46,169,769 | 753,258,414.13 | 0.3429 | 1.0801 | 03/31/2026 |
| 3 | BlackRock Investment Management (UK) Ltd. | 38,760,058 | -2,377,943 | 608,920,511.18 | 0.0694 | 0.8731 | 03/31/2026 |
| 4 | Fidelity Management & Research Co. LLC | 38,579,237 | -18,233 | 606,079,813.27 | 0.0295 | 0.8691 | 03/31/2026 |
| 5 | Morgan Stanley Latam LLC | 34,130,577 | 34,130,477 | 536,191,364.67 | 43.3707 | 0.7689 | 03/31/2026 |
| 6 | Robeco Institutional Asset Management BV | 27,561,997 | 15,856,422 | 432,998,972.87 | 0.3381 | 0.6209 | 03/31/2026 |
| 7 | BlackRock Fund Advisors | 25,444,101 | 11,025,866 | 399,726,826.71 | 0.0076 | 0.5732 | 03/31/2026 |
| 8 | Lazard Asset Management LLC | 23,685,915 | 1,413,408 | 372,105,724.65 | 0.2915 | 0.5336 | 03/31/2026 |
| 9 | Fisher Asset Management LLC | 22,519,675 | 777,171 | 353,784,094.25 | 0.1054 | 0.5073 | 03/31/2026 |
| 10 | Orbis Investment Management Ltd. | 19,372,500 | 5,798,705 | 304,341,975 | 0.712 | 0.4364 | 03/31/2026 |
| 11 | Itau USA Asset Management, Inc. | 17,874,446 | 11,907,366 | 280,807,546.66 | 4.3403 | 0.4027 | 03/31/2026 |
| 12 | Goldman Sachs & Co. LLC (Private Banking) | 16,968,725 | 13,388,453 | 266,578,669.75 | 0.081 | 0.3823 | 03/31/2026 |
| 13 | GQG Partners LLC | 16,574,442 | -29,160,734 | 260,384,483.82 | 0.2037 | 0.3734 | 03/31/2026 |
| 14 | Assenagon Asset Management SA (Germany) | 15,663,641 | 13,752,562 | 246,075,800.11 | 0.3144 | 0.3529 | 03/31/2026 |
| 15 | FIAM LLC | 15,236,043 | -1,046,602 | 239,358,235.53 | 0.0972 | 0.3432 | 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 | 628,475,517.97 | 0.4427 | 0.9012 | 03/31/2026 |
| 2 | iShares Tr. - Latin America 40 ETF | 24,884,505 | 9,750,650 | 390,935,573.55 | 9.0189 | 0.5606 | 05/29/2026 |
| 3 | BlackRock World Mining Fund | 23,621,569 | 0 | 371,094,848.99 | 4.9417 | 0.5321 | 04/30/2026 |
| 4 | American Funds Income Fund of America | 21,864,276 | 21,864,276 | 343,487,775.96 | 0.3419 | 0.4925 | 03/31/2026 |
| 5 | American Funds Capital World Growth & Income Fund | 18,418,666 | 8,418,763 | 289,357,242.86 | 0.1832 | 0.4149 | 03/31/2026 |
| 6 | Invesco Developing Markets Fund | 12,428,848 | -11,502,750 | 195,257,202.08 | 2.0689 | 0.28 | 04/30/2026 |
| 7 | Fidelity Inv. Trust - Emerging Markets Opportunities Fund | 12,159,270 | -936,100 | 191,022,131.7 | 0.5568 | 0.2739 | 04/30/2026 |
| 8 | American Funds Growth Fund of America | 10,435,289 | 10,435,289 | 163,938,390.19 | 0.0472 | 0.2351 | 03/31/2026 |
| 9 | GQG Partners Emerging Markets Equity Fund | 8,946,453 | -14,878,194 | 140,548,776.63 | 0.6227 | 0.2015 | 03/31/2026 |
| 10 | Fidelity Advisor Focused Emerging Markets Fund | 8,505,820 | 66,700 | 133,626,432.2 | 0.9588 | 0.1916 | 04/30/2026 |
| 11 | Avantis Emerging Markets Equity ETF | 7,930,870 | 3,275,111 | 124,593,967.7 | 0.465 | 0.1787 | 05/29/2026 |
| 12 | Lazard Emerging Markets Equity Portfolio | 7,462,741 | 982,233 | 117,239,661.11 | 1.2417 | 0.1681 | 05/31/2026 |
| 13 | BlackRock World Mining Trust Plc | 6,600,507 | -2,113,049 | 103,693,964.97 | 4.1136 | 0.1487 | 05/29/2026 |
| 14 | MFS Emerging Markets Equity Fund | 6,465,161 | -2,015,256 | 101,567,679.31 | 0.9158 | 0.1456 | 04/30/2026 |
| 15 | Principal Funds, Inc. - Global Emerging Markets Fund | 6,368,525 | 6,368,525 | 100,049,527.75 | 1.1921 | 0.1435 | 05/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (World Investors) | 104,839,174 | 48,381,842 | 1,647,023,423.54 | 0.1436 | 2.3617 | 03/31/2026 |
| 2 | Arrowstreet Capital LP | 47,947,703 | 46,169,769 | 753,258,414.13 | 0.3429 | 1.0801 | 03/31/2026 |
| 3 | Morgan Stanley Latam LLC | 34,130,577 | 34,130,477 | 536,191,364.67 | 43.3707 | 0.7689 | 03/31/2026 |
| 4 | Robeco Institutional Asset Management BV | 27,561,997 | 15,856,422 | 432,998,972.87 | 0.3381 | 0.6209 | 03/31/2026 |
| 5 | Assenagon Asset Management SA (Germany) | 15,663,641 | 13,752,562 | 246,075,800.11 | 0.3144 | 0.3529 | 03/31/2026 |
| 6 | Goldman Sachs & Co. LLC (Private Banking) | 16,968,725 | 13,388,453 | 266,578,669.75 | 0.081 | 0.3823 | 03/31/2026 |
| 7 | Merrill Lynch International (Investment Management) | 13,516,416 | 13,346,281 | 212,342,895.36 | 0.778 | 0.3045 | 03/31/2026 |
| 8 | Itau USA Asset Management, Inc. | 17,874,446 | 11,907,366 | 280,807,546.66 | 4.3403 | 0.4027 | 03/31/2026 |
| 9 | BlackRock Fund Advisors | 25,444,101 | 11,025,866 | 399,726,826.71 | 0.0076 | 0.5732 | 03/31/2026 |
| 10 | Jane Street Capital LLC | 10,156,515 | 9,450,225 | 159,558,850.65 | 0.1359 | 0.2288 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (International Investors) | 3,593,319 | -42,622,068 | 56,451,041.49 | 0.0102 | 0.0809 | 03/31/2026 |
| 2 | GQG Partners LLC | 16,574,442 | -29,160,734 | 260,384,483.82 | 0.2037 | 0.3734 | 03/31/2026 |
| 3 | Invesco Asset Management Ltd. | 12,666,225 | -15,307,597 | 198,986,394.75 | 0.1984 | 0.2853 | 03/31/2026 |
| 4 | Marshall Wace LLP | 526,302 | -8,645,573 | 8,268,204.42 | 0.0075 | 0.0119 | 03/31/2026 |
| 5 | Ninety One UK Ltd. | 0 | -7,632,938 | 0 | 0 | 0 | |
| 6 | BofA Securities, Inc. | 908,619 | -6,554,451 | 14,274,404.49 | 0.0192 | 0.0205 | 03/31/2026 |
| 7 | Goldman Sachs International | 1,667,277 | -6,098,084 | 26,192,921.67 | 0.1838 | 0.0376 | 03/31/2026 |
| 8 | SPX Gestao de Recursos Ltda. | 5,539,608 | -5,528,795 | 87,027,241.68 | 3.0881 | 0.1248 | 03/31/2026 |
| 9 | Susquehanna Financial Group LLLP | 1,035,030 | -5,236,274 | 16,260,321.3 | 0.0176 | 0.0233 | 03/31/2026 |
| 10 | Driehaus Capital Management LLC | 3,667,947 | -4,518,567 | 57,623,447.37 | 0.2477 | 0.0826 | 03/31/2026 |
Data provided by FactSet Research Systems Inc.