| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Aquamarine Financial (Cayman) Ltd. | 12,444,948 | 1,952,391 | 633,696,752.16 | 36.2989 | 3.1646 | 06/30/2026 |
| 2 | Fidelity Management & Research Co. LLC | 6,380,039 | 6,379,949 | 324,871,585.88 | 0.0156 | 1.6223 | 06/30/2026 |
| 3 | FIAM LLC | 4,325,477 | 4,325,477 | 220,253,288.84 | 0.0849 | 1.0999 | 06/30/2026 |
| 4 | North of South Capital LLP | 4,023,562 | 2,353,184 | 204,879,777.04 | 3.5473 | 1.0231 | 06/30/2026 |
| 5 | VR Advisory Services (USA) LLC | 3,231,396 | 0 | 164,542,684.32 | 14.3797 | 0.8217 | 06/30/2026 |
| 6 | JPMorgan Investment Management, Inc. | 3,122,394 | 559,968 | 158,992,302.48 | 0.0153 | 0.794 | 06/30/2026 |
| 7 | Ping Capital Management, Inc. | 1,611,500 | -337,200 | 82,057,580 | 27.2482 | 0.4098 | 06/30/2026 |
| 8 | Global X Management Co. LLC | 1,606,623 | -57,195 | 81,809,243.16 | 0.0763 | 0.4085 | 06/30/2026 |
| 9 | BNP Paribas Financial Markets SNC | 1,481,846 | 1,409,846 | 75,455,598.32 | 0.0382 | 0.3768 | 06/30/2026 |
| 10 | Russell Investment Management LLC | 1,476,250 | 1,022,455 | 75,170,650 | 0.0582 | 0.3754 | 06/30/2026 |
| 11 | Oaktree Capital Management LP | 991,346 | 991,346 | 50,479,338.32 | 0.8839 | 0.2521 | 06/30/2026 |
| 12 | JPMorgan Asset Management (UK) Ltd. | 988,613 | 79,846 | 50,340,173.96 | 0.0269 | 0.2514 | 06/30/2026 |
| 13 | Boston Management & Research | 938,713 | 285,400 | 47,799,265.96 | 0.0699 | 0.2387 | 06/30/2026 |
| 14 | Jane Street Capital LLC | 792,401 | 635,839 | 40,349,058.92 | 0.0238 | 0.2015 | 06/30/2026 |
| 15 | Equinox Partners Investment Management LLC | 714,200 | 714,200 | 36,367,064 | 5.8643 | 0.1816 | 06/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Strategic Advisers Fidelity Emerging Markets Fund | 2,231,405 | 2,231,405 | 113,623,142.6 | 0.2847 | 0.5674 | 06/30/2026 |
| 2 | Fidelity Advisor Focused Emerging Markets Fund | 2,138,805 | 2,138,805 | 108,907,950.6 | 0.8135 | 0.5439 | 06/30/2026 |
| 3 | JPMorgan Emerging Markets Equity Fund | 1,800,991 | 364,252 | 91,706,461.72 | 0.8142 | 0.458 | 06/30/2026 |
| 4 | Global X MSCI Argentina ETF | 1,550,751 | -248,273 | 78,964,240.92 | 9.7311 | 0.3943 | 07/31/2026 |
| 5 | Pacific Capital UCITS Funds Plc - North of South EM | 1,471,189 | 818,439 | 74,912,943.88 | 2.0932 | 0.3741 | 07/31/2026 |
| 6 | JPMorgan Funds - Emerging Markets Equity Fund | 1,110,036 | 181,359 | 56,523,033.12 | 1.0187 | 0.2823 | 07/31/2026 |
| 7 | Fidelity Series Emerging Markets Fund | 1,033,967 | 1,033,967 | 52,649,599.64 | 0.6554 | 0.2629 | 06/30/2026 |
| 8 | Eaton Vance Emerging & Frontier Countries Equity Fund | 938,713 | 445,300 | 47,799,265.96 | 1.1849 | 0.2387 | 06/30/2026 |
| 9 | Eaton Vance Global Macro Capital Opportunities Portfolio | 938,713 | 445,300 | 47,799,265.96 | 1.2325 | 0.2387 | 04/30/2026 |
| 10 | JPMorgan Fund ICVC - Emerging Markets Fund | 849,497 | 232,362 | 43,256,387.24 | 1.0421 | 0.216 | 07/31/2026 |
| 11 | Fidelity Inv. Trust - Emerging Markets Opportunities Fund | 797,000 | 797,000 | 40,583,240 | 0.1246 | 0.2027 | 06/30/2026 |
| 12 | Fidelity Strategic Advisers Emerging Markets Fund | 654,394 | 654,394 | 33,321,742.48 | 0.2122 | 0.1664 | 06/30/2026 |
| 13 | Pacific North of South Global Emerging Markets Equity | 585,626 | 364,081 | 29,820,075.92 | 2.9849 | 0.1489 | 07/31/2026 |
| 14 | FIAM Select Emerging Markets Equity | 523,397 | 523,397 | 26,651,375.24 | 0.6595 | 0.1331 | 06/30/2026 |
| 15 | GMO Resources Fund | 482,867 | -342,600 | 24,587,587.64 | 1.9506 | 0.1228 | 06/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Fidelity Management & Research Co. LLC | 6,380,039 | 6,379,949 | 324,871,585.88 | 0.0156 | 1.6223 | 06/30/2026 |
| 2 | FIAM LLC | 4,325,477 | 4,325,477 | 220,253,288.84 | 0.0849 | 1.0999 | 06/30/2026 |
| 3 | North of South Capital LLP | 4,023,562 | 2,353,184 | 204,879,777.04 | 3.5473 | 1.0231 | 06/30/2026 |
| 4 | Aquamarine Financial (Cayman) Ltd. | 12,444,948 | 1,952,391 | 633,696,752.16 | 36.2989 | 3.1646 | 06/30/2026 |
| 5 | BNP Paribas Financial Markets SNC | 1,481,846 | 1,409,846 | 75,455,598.32 | 0.0382 | 0.3768 | 06/30/2026 |
| 6 | Russell Investment Management LLC | 1,476,250 | 1,022,455 | 75,170,650 | 0.0582 | 0.3754 | 06/30/2026 |
| 7 | Oaktree Capital Management LP | 991,346 | 991,346 | 50,479,338.32 | 0.8839 | 0.2521 | 06/30/2026 |
| 8 | Equinox Partners Investment Management LLC | 714,200 | 714,200 | 36,367,064 | 5.8643 | 0.1816 | 06/30/2026 |
| 9 | Two Sigma Investments LP | 693,965 | 693,965 | 35,336,697.8 | 0.0264 | 0.1765 | 06/30/2026 |
| 10 | Jane Street Capital LLC | 792,401 | 635,839 | 40,349,058.92 | 0.0238 | 0.2015 | 06/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Citadel Securities LLC | 30,730 | -563,082 | 1,564,771.6 | 0.0037 | 0.0078 | 06/30/2026 |
| 2 | Grantham, Mayo, Van Otterloo & Co. LLC | 666,620 | -479,258 | 33,944,290.4 | 0.0557 | 0.1695 | 06/30/2026 |
| 3 | Ping Capital Management, Inc. | 1,611,500 | -337,200 | 82,057,580 | 27.2482 | 0.4098 | 06/30/2026 |
| 4 | UBS Switzerland AG (Investment Management) | 199,100 | -280,983 | 10,138,172 | 0.0159 | 0.0506 | 06/30/2026 |
| 5 | Goldman Sachs & Co. LLC (Private Banking) | 194,934 | -247,706 | 9,926,039.28 | 0.0025 | 0.0496 | 06/30/2026 |
| 6 | NWI Management LP | 0 | -226,475 | 0 | 0 | 0 | |
| 7 | Group One Trading LLC | 6,107 | -205,252 | 310,968.44 | 0.0089 | 0.0016 | 06/30/2026 |
| 8 | Morgan Stanley & Co. International Plc | 97,902 | -161,175 | 4,985,169.84 | 0.0359 | 0.0249 | 06/30/2026 |
| 9 | UBS Securities LLC | 69,915 | -159,705 | 3,560,071.8 | 0.0013 | 0.0178 | 06/30/2026 |
| 10 | Verition Fund Management LLC | 0 | -147,000 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.