| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Acadian Asset Management LLC | 1,468,574 | 2,169 | 86,278,722.5 | 0.1133 | 4.3631 | 12/31/2025 |
| 2 | Krane Funds Advisors LLC | 1,320,319 | -154,581 | 77,568,741.25 | 0.9197 | 3.9226 | 12/31/2025 |
| 3 | Stonehill Capital Management LLC | 1,103,571 | -276,483 | 64,834,796.25 | 17.6207 | 3.2787 | 12/31/2025 |
| 4 | Arrowstreet Capital LP | 838,362 | -50,849 | 49,253,767.5 | 0.025 | 2.4907 | 12/31/2025 |
| 5 | The Vanguard Group, Inc. | 832,452 | 5,062 | 48,906,555 | 0.0016 | 2.4732 | 12/31/2025 |
| 6 | Causeway Capital Management LLC | 812,601 | 22,541 | 47,740,308.75 | 0.0999 | 2.4142 | 12/31/2025 |
| 7 | Morgan Stanley & Co. LLC | 653,551 | 28,695 | 38,396,121.25 | 0.0127 | 1.9417 | 12/31/2025 |
| 8 | Point72 Asset Management LP | 647,635 | 432,843 | 38,048,556.25 | 0.0533 | 1.9241 | 12/31/2025 |
| 9 | Farallon Capital Management LLC | 578,200 | -46,800 | 33,969,250 | 0.1853 | 1.7178 | 12/31/2025 |
| 10 | BlackRock Fund Advisors | 559,637 | 4,165 | 32,878,673.75 | 0.0006 | 1.6627 | 12/31/2025 |
| 11 | LSV Asset Management | 558,011 | 57,812 | 32,783,146.25 | 0.0503 | 1.6578 | 12/31/2025 |
| 12 | Alpine Investment Management Ltd. | 496,300 | -78,700 | 29,157,625 | 12.4185 | 1.4745 | 12/31/2025 |
| 13 | MY.Alpha Management (HK) Advisors Ltd. | 451,904 | 98,700 | 26,549,360 | 8.5812 | 1.3426 | 12/31/2025 |
| 14 | UBS Securities LLC | 421,606 | 339,305 | 24,769,352.5 | 0.0091 | 1.2526 | 03/31/2026 |
| 15 | Whitefort Capital Management, LP | 404,944 | 0 | 23,790,460 | 6.1922 | 1.2031 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | KraneShares CSI China Internet ETF | 1,110,504 | -262,199 | 65,242,110 | 1.0156 | 3.2993 | 04/30/2026 |
| 2 | Vanguard Total International Stock Index Fund | 389,248 | 0 | 22,868,320 | 0.0036 | 1.1564 | 03/31/2026 |
| 3 | Vanguard Emerging Markets Stock Index Fund | 367,850 | 5,225 | 21,611,187.5 | 0.013 | 1.0929 | 03/31/2026 |
| 4 | iShares Core MSCI Emerging Markets ETF | 324,028 | 38,526 | 19,036,645 | 0.0124 | 0.9627 | 04/30/2026 |
| 5 | CREF Total Global Stock Account | 294,425 | 7,700 | 17,297,468.75 | 0.0122 | 0.8747 | 02/28/2026 |
| 6 | Jupiter Asset Mgmt. Series Plc - Global Eq. Abs. Ret. Fd. | 289,000 | 0 | 16,978,750 | 0.2386 | 0.8586 | 01/31/2026 |
| 7 | Invesco China Technology ETF | 252,419 | -75,110 | 14,829,616.25 | 0.5451 | 0.7499 | 04/30/2026 |
| 8 | Vanguard Institutional Total Intl. Stock Market Index Tr. II | 195,479 | -6,734 | 11,484,391.25 | 0.0037 | 0.5808 | 03/31/2026 |
| 9 | First Trust NASDAQ Technology Dividend Index Fund | 174,264 | 70,103 | 10,238,010 | 0.245 | 0.5177 | 04/30/2026 |
| 10 | Causeway Emerging Markets Fund | 158,345 | 33,934 | 9,302,768.75 | 0.2393 | 0.4704 | 03/31/2026 |
| 11 | BOCOM Schroder CSI Overseas China Internet Index Fund | 146,966 | -36,186 | 8,634,252.5 | 0.978 | 0.4366 | 12/31/2025 |
| 12 | Nuveen Quant International Small Cap Equity Fund | 142,000 | 2,700 | 8,342,500 | 0.5668 | 0.4219 | 02/28/2026 |
| 13 | FTIF SICAV - Templeton Asian Smaller Companies Fund | 130,800 | 130,800 | 7,684,500 | 1.021 | 0.3886 | 03/31/2026 |
| 14 | SEI Institutional Invt. Trust - World Equity (ex-US) Fund | 113,942 | 0 | 6,694,092.5 | 0.0768 | 0.3385 | 03/31/2026 |
| 15 | KraneShares ICAV - CSI China Internet UCITS ETF | 113,404 | -16,391 | 6,662,485 | 0.9963 | 0.3369 | 04/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Point72 Asset Management LP | 647,635 | 432,843 | 38,048,556.25 | 0.0533 | 1.9241 | 12/31/2025 |
| 2 | UBS Securities LLC | 421,606 | 339,305 | 24,769,352.5 | 0.0091 | 1.2526 | 03/31/2026 |
| 3 | Capitolis Liquid Global Markets LLC | 240,600 | 240,600 | 14,135,250 | 0.0804 | 0.7148 | 12/31/2025 |
| 4 | Citadel Advisors LLC | 269,560 | 113,417 | 15,836,650 | 0.015 | 0.8009 | 12/31/2025 |
| 5 | SG Americas Securities LLC | 112,466 | 107,245 | 6,607,377.5 | 0.0063 | 0.3341 | 03/31/2026 |
| 6 | Fullgoal Fund Management Co., Ltd. | 160,458 | 104,458 | 9,426,907.5 | 0.0152 | 0.4767 | 12/31/2025 |
| 7 | MY.Alpha Management (HK) Advisors Ltd. | 451,904 | 98,700 | 26,549,360 | 8.5812 | 1.3426 | 12/31/2025 |
| 8 | Qube Research & Technologies Ltd. | 286,696 | 94,376 | 16,843,390 | 0.0225 | 0.8518 | 12/31/2025 |
| 9 | Franklin Templeton Sealand Fund Management Co., Ltd. | 92,612 | 92,612 | 5,440,955 | 0.1498 | 0.2751 | 12/31/2025 |
| 10 | Storebrand Asset Management AS | 85,513 | 85,513 | 5,023,888.75 | 0.0068 | 0.2541 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | OLP Capital Management Ltd. | 170,866 | -410,288 | 10,038,377.5 | 1.0817 | 0.5076 | 12/31/2025 |
| 2 | Ariose Capital Management Ltd. | 42,677 | -327,760 | 2,507,273.75 | 1.008 | 0.1268 | 03/31/2026 |
| 3 | Stonehill Capital Management LLC | 1,103,571 | -276,483 | 64,834,796.25 | 17.6207 | 3.2787 | 12/31/2025 |
| 4 | Invesco Hong Kong Ltd. | 111,414 | -245,250 | 6,545,572.5 | 0.2083 | 0.331 | 12/31/2025 |
| 5 | Nan Fung Trinity (HK) Ltd. | 46,930 | -230,770 | 2,757,137.5 | 0.279 | 0.1394 | 03/31/2026 |
| 6 | Goldman Sachs & Co. LLC (Private Banking) | 158,212 | -196,538 | 9,294,955 | 0.0039 | 0.47 | 12/31/2025 |
| 7 | Polunin Capital Partners Ltd. | 0 | -163,430 | 0 | 0 | 0 | |
| 8 | Coatue Management LLC | 0 | -155,705 | 0 | 0 | 0 | |
| 9 | Krane Funds Advisors LLC | 1,320,319 | -154,581 | 77,568,741.25 | 0.9197 | 3.9226 | 12/31/2025 |
| 10 | Geode Capital Management LLC | 74,956 | -116,202 | 4,403,665 | 0.0002 | 0.2227 | 12/31/2025 |
Data provided by FactSet Research Systems Inc.