| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Krane Funds Advisors LLC | 17,185,535 | 3,426,079 | 300,746,862.5 | 2.7488 | 4.1379 | 09/30/2025 |
| 2 | Acadian Asset Management LLC | 16,604,384 | 222,781 | 290,576,720 | 0.4107 | 3.9979 | 09/30/2025 |
| 3 | Invesco Asset Management Ltd. | 14,259,320 | 7,702,251 | 249,538,100 | 0.2392 | 3.4333 | 09/30/2025 |
| 4 | BlackRock Fund Advisors | 11,238,790 | 1,205,065 | 196,678,825 | 0.0041 | 2.706 | 09/30/2025 |
| 5 | Robeco Institutional Asset Management BV | 10,888,977 | -992,414 | 190,557,097.5 | 0.1644 | 2.6218 | 12/31/2025 |
| 6 | FIL Investments International | 10,054,635 | 1,374,887 | 175,956,112.5 | 0.1153 | 2.4209 | 09/30/2025 |
| 7 | Orbis Investment Management Ltd. | 9,587,623 | 4,712,986 | 167,783,402.5 | 0.3852 | 2.3085 | 09/30/2025 |
| 8 | Dimensional Fund Advisors LP | 7,414,734 | 156,348 | 129,757,845 | 0.0182 | 1.7853 | 09/30/2025 |
| 9 | The Vanguard Group, Inc. | 7,204,886 | -2,366,016 | 126,085,505 | 0.0016 | 1.7348 | 12/31/2025 |
| 10 | SSgA Funds Management, Inc. | 7,021,816 | -125,278 | 122,881,780 | 0.0039 | 1.6907 | 09/30/2025 |
| 11 | Carmignac Gestion SA | 6,518,398 | -2,992,266 | 114,071,965 | 1.0373 | 1.5695 | 09/30/2025 |
| 12 | BlackRock Advisors (UK) Ltd. | 5,644,361 | 799,030 | 98,776,317.5 | 0.0103 | 1.359 | 09/30/2025 |
| 13 | LSV Asset Management | 5,524,813 | 579,300 | 96,684,227.5 | 0.1524 | 1.3302 | 09/30/2025 |
| 14 | Fidelity Investments Canada ULC | 5,382,159 | 1,973,412 | 94,187,782.5 | 0.0997 | 1.2959 | 09/30/2025 |
| 15 | Arrowstreet Capital LP | 4,696,530 | -888,635 | 82,189,275 | 0.0463 | 1.1308 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | KraneShares CSI China Internet ETF | 11,106,264 | -1,391,904 | 194,359,620 | 2.2935 | 2.6741 | 12/31/2025 |
| 2 | Fidelity Funds SICAV - Global Technology Fund | 8,789,594 | 1,853,156 | 153,817,895 | 0.4462 | 2.1163 | 11/30/2025 |
| 3 | Invesco Developing Markets Fund | 5,874,362 | 5,686,034 | 102,801,335 | 0.8961 | 1.4144 | 11/30/2025 |
| 4 | Carmignac Emergents | 4,763,430 | 0 | 83,360,025 | 6.2127 | 1.1469 | 03/31/2025 |
| 5 | R-co Valor Fund | 3,697,322 | 0 | 64,703,135 | 0.7103 | 0.8902 | 09/30/2025 |
| 6 | Government Pension Fund - Global (The) | 3,370,406 | 0 | 58,982,105 | 0.0036 | 0.8115 | 06/30/2025 |
| 7 | Vanguard Total International Stock Index Fund | 3,287,297 | -1,090,070 | 57,527,697.5 | 0.0092 | 0.7915 | 12/31/2025 |
| 8 | iShares Core MSCI Emerging Markets ETF | 3,210,542 | 181,803 | 56,184,485 | 0.0425 | 0.773 | 12/31/2025 |
| 9 | Vanguard Emerging Markets Stock Index Fund | 3,001,235 | -1,049,577 | 52,521,612.5 | 0.0333 | 0.7226 | 12/31/2025 |
| 10 | DFA Emerging Markets Core Equity 2 Portfolio | 2,925,595 | 177,870 | 51,197,912.5 | 0.1351 | 0.7044 | 10/31/2025 |
| 11 | CapitalatWork Foyer Umbrella - Contrarian Equities at Work | 2,918,000 | 0 | 51,065,000 | 1.1591 | 0.7026 | 06/30/2025 |
| 12 | Invesco Far Eastern Invt. Ser. - Asian Fund (UK) | 2,873,565 | 0 | 50,287,387.5 | 1.1512 | 0.6919 | 12/31/2025 |
| 13 | Stichting Pensioenfonds ABP (Global Equity Portfolio) | 2,613,734 | 0 | 45,740,345 | 0.0112 | 0.6293 | 12/31/2024 |
| 14 | Robeco Capital Gr. Fds. - Emerging Stars Equities | 2,592,320 | 205,772 | 45,365,600 | 1.1376 | 0.6242 | 11/28/2025 |
| 15 | Fidelity Funds SICAV - China Consumer Funds | 2,262,429 | 2,262,429 | 39,592,507.5 | 1.2233 | 0.5447 | 11/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Invesco Asset Management Ltd. | 14,259,320 | 7,702,251 | 249,538,100 | 0.2392 | 3.4333 | 09/30/2025 |
| 2 | Orbis Investment Management Ltd. | 9,587,623 | 4,712,986 | 167,783,402.5 | 0.3852 | 2.3085 | 09/30/2025 |
| 3 | Krane Funds Advisors LLC | 17,185,535 | 3,426,079 | 300,746,862.5 | 2.7488 | 4.1379 | 09/30/2025 |
| 4 | Fidelity Investments Canada ULC | 5,382,159 | 1,973,412 | 94,187,782.5 | 0.0997 | 1.2959 | 09/30/2025 |
| 5 | FIL Investment Management (Hong Kong) Ltd. | 2,054,615 | 1,698,917 | 35,955,762.5 | 0.155 | 0.4947 | 09/30/2025 |
| 6 | FIL Investments International | 10,054,635 | 1,374,887 | 175,956,112.5 | 0.1153 | 2.4209 | 09/30/2025 |
| 7 | BlackRock Fund Advisors | 11,238,790 | 1,205,065 | 196,678,825 | 0.0041 | 2.706 | 09/30/2025 |
| 8 | Clark Capital Management Group, Inc. | 931,890 | 931,890 | 16,308,075 | 0.0971 | 0.2244 | 09/30/2025 |
| 9 | Numeric Investors LLC | 1,386,108 | 902,799 | 24,256,890 | 0.059 | 0.3337 | 09/30/2025 |
| 10 | Grantham, Mayo, Van Otterloo & Co. LLC | 1,343,921 | 852,300 | 23,518,617.5 | 0.0446 | 0.3236 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Polaris Capital Management LLC | 0 | -5,593,300 | 0 | 0 | 0 | |
| 2 | Allspring Global Investments LLC | 9,606 | -4,125,514 | 168,105 | 0.0002 | 0.0023 | 12/31/2025 |
| 3 | Point72 Asset Management LP | 75,679 | -3,153,135 | 1,324,382.5 | 0.0023 | 0.0182 | 09/30/2025 |
| 4 | Carmignac Gestion SA | 6,518,398 | -2,992,266 | 114,071,965 | 1.0373 | 1.5695 | 09/30/2025 |
| 5 | Massachusetts Financial Services Co. | 658,628 | -2,533,541 | 11,525,990 | 0.0035 | 0.1586 | 12/31/2025 |
| 6 | The Vanguard Group, Inc. | 7,204,886 | -2,366,016 | 126,085,505 | 0.0016 | 1.7348 | 12/31/2025 |
| 7 | UBS Asset Management Switzerland AG | 0 | -2,102,952 | 0 | 0 | 0 | |
| 8 | Morgan Stanley & Co. LLC | 2,814,443 | -1,982,720 | 49,252,752.5 | 0.0163 | 0.6777 | 09/30/2025 |
| 9 | Nordea Investment Management AB (Denmark) | 0 | -1,616,025 | 0 | 0 | 0 | |
| 10 | Verition Fund Management LLC | 17,492 | -1,444,116 | 306,110 | 0.0017 | 0.0042 | 09/30/2025 |
Data provided by FactSet Research Systems Inc.