| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Orbis Investment Management Ltd. | 7,281,408 | -216,022 | 72,013,125.12 | 0.1725 | 23.2775 | 09/30/2025 |
| 2 | The Vanguard Group, Inc. | 825,253 | 33,724 | 8,161,752.17 | 0.0001 | 2.6382 | 12/31/2025 |
| 3 | Acadian Asset Management LLC | 511,473 | 138,786 | 5,058,467.97 | 0.0072 | 1.6351 | 09/30/2025 |
| 4 | Franklin Templeton Sealand Fund Management Co., Ltd. | 425,062 | 0 | 4,203,863.18 | 0.1074 | 1.3589 | 06/30/2025 |
| 5 | Connor, Clark & Lunn Investment Management Ltd. | 252,793 | 50,029 | 2,500,122.77 | 0.0065 | 0.8081 | 09/30/2025 |
| 6 | Vanguard Fiduciary Trust Co. | 211,666 | 0 | 2,093,376.74 | 0.0005 | 0.6767 | 12/31/2025 |
| 7 | Qube Research & Technologies Ltd. | 97,829 | -11,730 | 967,528.81 | 0.0013 | 0.3127 | 09/30/2025 |
| 8 | GSA Capital Partners LLP | 73,111 | 73,111 | 723,067.79 | 0.0592 | 0.2337 | 12/31/2025 |
| 9 | Renaissance Technologies LLC | 68,700 | 10,300 | 679,443 | 0.0009 | 0.2196 | 09/30/2025 |
| 10 | Walleye Capital LLC | 48,452 | -66,752 | 479,190.28 | 0.0025 | 0.1549 | 09/30/2025 |
| 11 | Marshall Wace LLP | 39,403 | 14,073 | 389,695.67 | 0.0004 | 0.126 | 09/30/2025 |
| 12 | The California Public Employees Retirement System | 37,309 | -2,499 | 368,986.01 | 0.0002 | 0.1193 | 09/30/2025 |
| 13 | Tidal Investments LLC | 29,434 | -833 | 291,102.26 | 0.0012 | 0.0941 | 09/30/2025 |
| 14 | Ohio Public Employees Retirement System | 29,286 | 7,729 | 289,638.54 | 0.0009 | 0.0936 | 09/30/2025 |
| 15 | Invesco Capital Management LLC | 28,983 | -308 | 286,641.87 | 0.0001 | 0.0927 | 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 | 0 | 72,545,919.2 | 2.0201 | 23.4497 | 06/30/2025 |
| 2 | Vanguard Total International Stock Index Fund | 369,834 | 0 | 3,657,658.26 | 0.0006 | 1.1823 | 12/31/2025 |
| 3 | Franklin Templeton Sealand Greater China Select Balanced Fund | 350,033 | 0 | 3,461,826.37 | 0.9231 | 1.119 | 06/30/2025 |
| 4 | Vanguard Emerging Markets Stock Index Fund | 345,764 | 27,412 | 3,419,605.96 | 0.0022 | 1.1054 | 12/31/2025 |
| 5 | Vanguard Institutional Total Intl. Stock Market Index Tr. II | 185,289 | 0 | 1,832,508.21 | 0.0006 | 0.5923 | 12/31/2025 |
| 6 | Vanguard FTSE All World (ex-US) Small Cap | 91,064 | 6,312 | 900,622.96 | 0.0066 | 0.2911 | 12/31/2025 |
| 7 | Franklin Templeton Sealand Asia (ex-Japan) Opportunities Fund | 75,029 | 0 | 742,036.81 | 1.7393 | 0.2399 | 06/30/2025 |
| 8 | Invesco Golden Dragon China ETF | 28,163 | -708 | 278,532.07 | 0.2014 | 0.09 | 01/30/2026 |
| 9 | Vanguard Institutional Total Intl. Stock Market Index Trust | 26,377 | 0 | 260,868.53 | 0.0006 | 0.0843 | 11/30/2025 |
| 10 | CC&L UCITS ICAV - Q Emerging Markets Equity UCITS Fund | 21,023 | 3,670 | 207,917.47 | 0.0114 | 0.0672 | 12/31/2025 |
| 11 | Dimensional Emerging Markets Core Equity 2 ETF | 17,550 | 8,297 | 173,569.5 | 0.0023 | 0.0561 | 01/30/2026 |
| 12 | Vanguard Total World Stock Index Fund | 14,330 | 0 | 141,723.7 | 0.0002 | 0.0458 | 12/31/2025 |
| 13 | Dimensional World ex-US Core Equity 2 ETF | 13,394 | 10,647 | 132,466.66 | 0.0012 | 0.0428 | 01/30/2026 |
| 14 | DFA Emerging Markets Core Equity 2 Portfolio | 12,744 | 4,665 | 126,038.16 | 0.0003 | 0.0407 | 11/30/2025 |
| 15 | DFA Emerging Markets Social Core Equity Portfolio | 7,159 | 0 | 70,802.51 | 0.0035 | 0.0229 | 11/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Acadian Asset Management LLC | 511,473 | 138,786 | 5,058,467.97 | 0.0072 | 1.6351 | 09/30/2025 |
| 2 | GSA Capital Partners LLP | 73,111 | 73,111 | 723,067.79 | 0.0592 | 0.2337 | 12/31/2025 |
| 3 | Connor, Clark & Lunn Investment Management Ltd. | 252,793 | 50,029 | 2,500,122.77 | 0.0065 | 0.8081 | 09/30/2025 |
| 4 | The Vanguard Group, Inc. | 825,253 | 33,724 | 8,161,752.17 | 0.0001 | 2.6382 | 12/31/2025 |
| 5 | Citadel Securities LLC | 25,297 | 25,297 | 250,187.33 | 0.0007 | 0.0809 | 09/30/2025 |
| 6 | Marshall Wace LLP | 39,403 | 14,073 | 389,695.67 | 0.0004 | 0.126 | 09/30/2025 |
| 7 | Goldman Sachs & Co. LLC (Private Banking) | 11,968 | 11,968 | 118,363.52 | 0.0001 | 0.0383 | 09/30/2025 |
| 8 | Renaissance Technologies LLC | 68,700 | 10,300 | 679,443 | 0.0009 | 0.2196 | 09/30/2025 |
| 9 | Ohio Public Employees Retirement System | 29,286 | 7,729 | 289,638.54 | 0.0009 | 0.0936 | 09/30/2025 |
| 10 | Morgan Stanley & Co. LLC | 9,690 | 5,000 | 95,834.1 | 0 | 0.031 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Orbis Investment Management Ltd. | 7,281,408 | -216,022 | 72,013,125.12 | 0.1725 | 23.2775 | 09/30/2025 |
| 2 | Walleye Capital LLC | 48,452 | -66,752 | 479,190.28 | 0.0025 | 0.1549 | 09/30/2025 |
| 3 | Bank of America, NA (Private Banking) | 5,611 | -62,983 | 55,492.79 | 0 | 0.0179 | 09/30/2025 |
| 4 | Susquehanna Financial Group LLLP | 0 | -26,241 | 0 | 0 | 0 | |
| 5 | Jane Street Capital LLC | 0 | -19,158 | 0 | 0 | 0 | |
| 6 | Ayalon Mutual Funds Ltd. | 0 | -12,462 | 0 | 0 | 0 | |
| 7 | Qube Research & Technologies Ltd. | 97,829 | -11,730 | 967,528.81 | 0.0013 | 0.3127 | 09/30/2025 |
| 8 | Group One Trading LLC | 1,947 | -5,824 | 19,255.83 | 0.0006 | 0.0062 | 09/30/2025 |
| 9 | Vident Advisory LLC | 12,662 | -3,582 | 125,227.18 | 0.001 | 0.0405 | 09/30/2025 |
| 10 | Morgan Stanley Smith Barney LLC (Investment Management) | 11,921 | -2,809 | 117,898.69 | 0 | 0.0381 | 09/30/2025 |
Data provided by FactSet Research Systems Inc.