| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Aquamarine Financial (Cayman) Ltd. | 12,444,948 | 1,952,391 | 608,557,957.2 | 33.1877 | 3.1646 | 06/30/2026 |
| 2 | North of South Capital LLP | 4,023,562 | 2,353,184 | 196,752,181.8 | 3.3788 | 1.0231 | 06/30/2026 |
| 3 | VR Advisory Services (USA) LLC | 3,231,396 | 0 | 158,015,264.4 | 16.7855 | 0.8217 | 03/31/2026 |
| 4 | JPMorgan Investment Management, Inc. | 3,122,394 | 559,968 | 152,685,066.6 | 0.0027 | 0.794 | 06/30/2026 |
| 5 | Global X Management Co. LLC | 1,732,061 | 68,243 | 84,697,782.9 | 0.0785 | 0.4404 | 03/31/2026 |
| 6 | Ping Capital Management, Inc. | 1,611,500 | -337,200 | 78,802,350 | 25.7862 | 0.4098 | 06/30/2026 |
| 7 | Russell Investment Management LLC | 1,476,250 | 1,022,455 | 72,188,625 | 0.0554 | 0.3754 | 06/30/2026 |
| 8 | Jane Street Capital LLC | 1,223,721 | 1,067,159 | 59,839,956.9 | 0.047 | 0.3112 | 03/31/2026 |
| 9 | Boston Management & Research | 1,210,361 | 557,048 | 59,186,652.9 | 0.0858 | 0.3078 | 03/31/2026 |
| 10 | JPMorgan Asset Management (UK) Ltd. | 988,613 | 79,846 | 48,343,175.7 | 0.0257 | 0.2514 | 06/30/2026 |
| 11 | Grantham, Mayo, Van Otterloo & Co. LLC | 926,178 | -219,700 | 45,290,104.2 | 0.0748 | 0.2355 | 03/31/2026 |
| 12 | Oaktree Capital Management LP | 886,465 | 886,465 | 43,348,138.5 | 0.7419 | 0.2254 | 03/31/2026 |
| 13 | Goldman Sachs & Co. LLC (Private Banking) | 792,033 | 349,393 | 38,730,413.7 | 0.0114 | 0.2014 | 03/31/2026 |
| 14 | Millennium Management LLC | 736,463 | 586,553 | 36,013,040.7 | 0.0237 | 0.1873 | 03/31/2026 |
| 15 | RWC Asset Management LLP | 660,589 | 600,327 | 32,302,802.1 | 0.2765 | 0.168 | 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 | 109,115,704.5 | 0.2753 | 0.5674 | 06/30/2026 |
| 2 | Fidelity Advisor Focused Emerging Markets Fund | 2,138,805 | 2,138,805 | 104,587,564.5 | 0.7817 | 0.5439 | 06/30/2026 |
| 3 | JPMorgan Emerging Markets Equity Fund | 1,800,991 | 364,252 | 88,068,459.9 | 0.7932 | 0.458 | 06/30/2026 |
| 4 | Global X MSCI Argentina ETF | 1,550,751 | -248,273 | 75,831,723.9 | 9.4207 | 0.3943 | 07/31/2026 |
| 5 | Pacific Capital UCITS Funds Plc - North of South EM | 1,471,189 | 818,439 | 71,941,142.1 | 1.9949 | 0.3741 | 07/31/2026 |
| 6 | JPMorgan Funds - Emerging Markets Equity Fund | 1,110,036 | 181,359 | 54,280,760.4 | 1.0042 | 0.2823 | 06/30/2026 |
| 7 | Fidelity Series Emerging Markets Fund | 1,033,967 | 1,033,967 | 50,560,986.3 | 0.6357 | 0.2629 | 06/30/2026 |
| 8 | Eaton Vance Emerging & Frontier Countries Equity Fund | 938,713 | 445,300 | 45,903,065.7 | 1.1488 | 0.2387 | 06/30/2026 |
| 9 | Eaton Vance Global Macro Capital Opportunities Portfolio | 938,713 | 445,300 | 45,903,065.7 | 1.197 | 0.2387 | 04/30/2026 |
| 10 | JPMorgan Fund ICVC - Emerging Markets Fund | 849,497 | 232,362 | 41,540,403.3 | 1.016 | 0.216 | 06/30/2026 |
| 11 | Fidelity Inv. Trust - Emerging Markets Opportunities Fund | 797,000 | 797,000 | 38,973,300 | 0.121 | 0.2027 | 06/30/2026 |
| 12 | GMO Resources Fund | 668,667 | -156,800 | 32,697,816.3 | 2.6042 | 0.17 | 03/31/2026 |
| 13 | Fidelity Strategic Advisers Emerging Markets Fund | 654,394 | 654,394 | 31,999,866.6 | 0.2052 | 0.1664 | 06/30/2026 |
| 14 | Pacific North of South Global Emerging Markets Equity | 585,626 | 364,081 | 28,637,111.4 | 2.8499 | 0.1489 | 07/31/2026 |
| 15 | FIAM Select Emerging Markets Equity | 523,397 | 523,397 | 25,594,113.3 | 0.6402 | 0.1331 | 06/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | North of South Capital LLP | 4,023,562 | 2,353,184 | 196,752,181.8 | 3.3788 | 1.0231 | 06/30/2026 |
| 2 | Aquamarine Financial (Cayman) Ltd. | 12,444,948 | 1,952,391 | 608,557,957.2 | 33.1877 | 3.1646 | 06/30/2026 |
| 3 | Jane Street Capital LLC | 1,223,721 | 1,067,159 | 59,839,956.9 | 0.047 | 0.3112 | 03/31/2026 |
| 4 | Russell Investment Management LLC | 1,476,250 | 1,022,455 | 72,188,625 | 0.0554 | 0.3754 | 06/30/2026 |
| 5 | Oaktree Capital Management LP | 886,465 | 886,465 | 43,348,138.5 | 0.7419 | 0.2254 | 03/31/2026 |
| 6 | RWC Asset Management LLP | 660,589 | 600,327 | 32,302,802.1 | 0.2765 | 0.168 | 06/30/2026 |
| 7 | Millennium Management LLC | 736,463 | 586,553 | 36,013,040.7 | 0.0237 | 0.1873 | 03/31/2026 |
| 8 | JPMorgan Investment Management, Inc. | 3,122,394 | 559,968 | 152,685,066.6 | 0.0027 | 0.794 | 06/30/2026 |
| 9 | Boston Management & Research | 1,210,361 | 557,048 | 59,186,652.9 | 0.0858 | 0.3078 | 03/31/2026 |
| 10 | Rheos Capital Works, Inc. (Investment Management) | 500,000 | 500,000 | 24,450,000 | 0.2736 | 0.1271 | 06/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Ping Capital Management, Inc. | 1,611,500 | -337,200 | 78,802,350 | 25.7862 | 0.4098 | 06/30/2026 |
| 2 | NWI Management LP | 0 | -226,475 | 0 | 0 | 0 | |
| 3 | Grantham, Mayo, Van Otterloo & Co. LLC | 926,178 | -219,700 | 45,290,104.2 | 0.0748 | 0.2355 | 03/31/2026 |
| 4 | Group One Trading LLC | 0 | -211,359 | 0 | 0 | 0 | |
| 5 | UBS Switzerland AG (Investment Management) | 284,800 | -195,283 | 13,926,720 | 0.0241 | 0.0724 | 03/31/2026 |
| 6 | Verition Fund Management LLC | 0 | -147,000 | 0 | 0 | 0 | |
| 7 | Citadel Securities LLC | 471,888 | -121,924 | 23,075,323.2 | 0.0462 | 0.12 | 03/31/2026 |
| 8 | Santander Asset Management SA SGIIC | 34,476 | -105,308 | 1,685,876.4 | 0.0107 | 0.0088 | 06/30/2026 |
| 9 | BofA Securities, Inc. | 0 | -81,269 | 0 | 0 | 0 | |
| 10 | Walleye Capital LLC | 0 | -78,227 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.