| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Orbis Investment Management Ltd. | 7,281,408 | -1,057,980 | 66,916,139.52 | 0.1662 | 23.2775 | 09/30/2025 |
| 2 | The Vanguard Group, Inc. | 797,841 | 5,174 | 7,332,158.79 | 0.0001 | 2.5506 | 09/30/2025 |
| 3 | Acadian Asset Management LLC | 511,473 | 228,785 | 4,700,436.87 | 0.0069 | 1.6351 | 09/30/2025 |
| 4 | Franklin Templeton Sealand Fund Management Co., Ltd. | 425,062 | -19,702 | 3,906,319.78 | 0.1069 | 1.3589 | 06/30/2025 |
| 5 | Connor, Clark & Lunn Investment Management Ltd. | 252,793 | 115,337 | 2,323,167.67 | 0.0062 | 0.8081 | 09/30/2025 |
| 6 | Vanguard Fiduciary Trust Co. | 211,666 | 5,828 | 1,945,210.54 | 0.0005 | 0.6767 | 09/30/2025 |
| 7 | Qube Research & Technologies Ltd. | 97,829 | -11,066 | 899,048.51 | 0.0012 | 0.3127 | 09/30/2025 |
| 8 | Renaissance Technologies LLC | 68,700 | 8,400 | 631,353 | 0.0008 | 0.2196 | 09/30/2025 |
| 9 | Walleye Capital LLC | 48,452 | -143,270 | 445,273.88 | 0.0023 | 0.1549 | 09/30/2025 |
| 10 | Marshall Wace LLP | 39,403 | 13,622 | 362,113.57 | 0.0004 | 0.126 | 09/30/2025 |
| 11 | The California Public Employees Retirement System | 37,309 | -2,400 | 342,869.71 | 0.0002 | 0.1193 | 09/30/2025 |
| 12 | Tidal Investments LLC | 29,434 | 595 | 270,498.46 | 0.0011 | 0.0941 | 09/30/2025 |
| 13 | Ohio Public Employees Retirement System | 29,286 | 13,294 | 269,138.34 | 0.0008 | 0.0936 | 09/30/2025 |
| 14 | Invesco Capital Management LLC | 28,983 | -2,170 | 266,353.77 | 0.0001 | 0.0927 | 09/30/2025 |
| 15 | Citadel Securities LLC | 25,297 | 25,297 | 232,479.43 | 0.0006 | 0.0809 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Orbis SICAV - Emerging Markets Equity Fund | 7,335,280 | -1,304,044 | 67,411,223.2 | 2.0912 | 23.4497 | 06/30/2025 |
| 2 | Vanguard Total International Stock Index Fund | 369,834 | 0 | 3,398,774.46 | 0.0006 | 1.1823 | 11/30/2025 |
| 3 | Franklin Templeton Sealand Greater China Select Balanced Fund | 350,033 | -26,731 | 3,216,803.27 | 0.939 | 1.119 | 06/30/2025 |
| 4 | Vanguard Emerging Markets Stock Index Fund | 318,352 | 0 | 2,925,654.88 | 0.002 | 1.0177 | 11/30/2025 |
| 5 | Vanguard Institutional Total Intl. Stock Market Index Tr. II | 185,289 | 5,828 | 1,702,805.91 | 0.0006 | 0.5923 | 11/30/2025 |
| 6 | Vanguard FTSE All World (ex-US) Small Cap | 91,064 | 6,312 | 836,878.16 | 0.0066 | 0.2911 | 11/30/2025 |
| 7 | Franklin Templeton Sealand Asia (ex-Japan) Opportunities Fund | 75,029 | 7,029 | 689,516.51 | 1.7258 | 0.2399 | 06/30/2025 |
| 8 | Even Herd Long Short ETF | 28,839 | 0 | 265,030.41 | 0.4529 | 0.0922 | 11/28/2025 |
| 9 | Invesco Golden Dragon China ETF | 27,685 | -2,184 | 254,425.15 | 0.1828 | 0.0885 | 11/28/2025 |
| 10 | Vanguard Institutional Total Intl. Stock Market Index Trust | 26,377 | 0 | 242,404.63 | 0.0005 | 0.0843 | 11/30/2025 |
| 11 | CC&L UCITS ICAV - Q Emerging Markets Equity UCITS Fund | 21,023 | 8,721 | 193,201.37 | 0.0117 | 0.0672 | 11/28/2025 |
| 12 | Dimensional Emerging Markets Core Equity 2 ETF | 15,109 | 15,109 | 138,851.71 | 0.0021 | 0.0483 | 11/28/2025 |
| 13 | Vanguard Total World Stock Index Fund | 14,330 | 0 | 131,692.7 | 0.0002 | 0.0458 | 11/30/2025 |
| 14 | ActivePassive International Equity ETF | 13,112 | 13,112 | 120,499.28 | 0.0125 | 0.0419 | 11/28/2025 |
| 15 | DFA Emerging Markets Core Equity 2 Portfolio | 9,339 | 4,482 | 85,825.41 | 0.0002 | 0.0299 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Acadian Asset Management LLC | 511,473 | 228,785 | 4,700,436.87 | 0.0069 | 1.6351 | 09/30/2025 |
| 2 | Connor, Clark & Lunn Investment Management Ltd. | 252,793 | 115,337 | 2,323,167.67 | 0.0062 | 0.8081 | 09/30/2025 |
| 3 | Citadel Securities LLC | 25,297 | 25,297 | 232,479.43 | 0.0006 | 0.0809 | 09/30/2025 |
| 4 | Marshall Wace LLP | 39,403 | 13,622 | 362,113.57 | 0.0004 | 0.126 | 09/30/2025 |
| 5 | Ohio Public Employees Retirement System | 29,286 | 13,294 | 269,138.34 | 0.0008 | 0.0936 | 09/30/2025 |
| 6 | Goldman Sachs & Co. LLC (Private Banking) | 11,968 | 11,968 | 109,985.92 | 0 | 0.0383 | 09/30/2025 |
| 7 | Renaissance Technologies LLC | 68,700 | 8,400 | 631,353 | 0.0008 | 0.2196 | 09/30/2025 |
| 8 | UBS Switzerland AG (Investment Management) | 6,593 | 6,593 | 60,589.67 | 0.0001 | 0.0211 | 09/30/2025 |
| 9 | Vanguard Fiduciary Trust Co. | 211,666 | 5,828 | 1,945,210.54 | 0.0005 | 0.6767 | 09/30/2025 |
| 10 | The Vanguard Group, Inc. | 797,841 | 5,174 | 7,332,158.79 | 0.0001 | 2.5506 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Orbis Investment Management Ltd. | 7,281,408 | -1,057,980 | 66,916,139.52 | 0.1662 | 23.2775 | 09/30/2025 |
| 2 | Walleye Capital LLC | 48,452 | -143,270 | 445,273.88 | 0.0023 | 0.1549 | 09/30/2025 |
| 3 | Bank of America, NA (Private Banking) | 5,611 | -105,663 | 51,565.09 | 0 | 0.0179 | 09/30/2025 |
| 4 | Norges Bank Investment Management | 0 | -96,600 | 0 | 0 | 0 | |
| 5 | Vident Advisory LLC | 12,662 | -44,530 | 116,363.78 | 0.0009 | 0.0405 | 09/30/2025 |
| 6 | Citadel Advisors LLC | 0 | -31,228 | 0 | 0 | 0 | |
| 7 | Susquehanna Financial Group LLLP | 0 | -24,096 | 0 | 0 | 0 | |
| 8 | GSA Capital Partners LLP | 20,253 | -23,654 | 186,125.07 | 0.0149 | 0.0647 | 09/30/2025 |
| 9 | Franklin Templeton Sealand Fund Management Co., Ltd. | 425,062 | -19,702 | 3,906,319.78 | 0.1069 | 1.3589 | 06/30/2025 |
| 10 | Tower Research Capital LLC | 202 | -12,545 | 1,856.38 | 0 | 0.0006 | 09/30/2025 |
Data provided by FactSet Research Systems Inc.