| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | ARGA Investment Management LP | 126,724,278 | 43,884,334 | 356,095,221.18 | 1.9767 | 2.3857 | 03/31/2025 |
| 2 | Massachusetts Financial Services Co. | 96,945,120 | 3,411,434 | 272,415,787.2 | 0.0847 | 1.8251 | 03/31/2025 |
| 3 | Fisher Asset Management LLC | 74,416,420 | -1,467,673 | 209,110,140.2 | 0.0794 | 1.4009 | 03/31/2025 |
| 4 | Wellington Management Co. LLP | 67,108,908 | 12,731,460 | 188,576,031.48 | 0.0317 | 1.2634 | 03/31/2025 |
| 5 | Arrowstreet Capital LP | 63,063,469 | 12,236,724 | 177,208,347.89 | 0.1237 | 1.1872 | 03/31/2025 |
| 6 | Two Sigma Advisers LP | 48,028,620 | 32,715,000 | 134,960,422.2 | 0.2657 | 0.9042 | 03/31/2025 |
| 7 | Templeton Asset Management Ltd. | 46,750,441 | 1,399,224 | 131,368,739.21 | 0.8264 | 0.8801 | 03/31/2025 |
| 8 | Two Sigma Investments LP | 29,902,447 | 18,424,107 | 84,025,876.07 | 0.1641 | 0.5629 | 03/31/2025 |
| 9 | Baillie Gifford & Co. | 29,880,816 | -861,038 | 83,965,092.96 | 0.0416 | 0.5625 | 03/31/2025 |
| 10 | Itau USA Asset Management, Inc. | 26,266,116 | -6,839,494 | 73,807,785.96 | 1.7473 | 0.4945 | 03/31/2025 |
| 11 | Goldman Sachs Asset Management LP | 26,168,403 | 11,937,739 | 73,533,212.43 | 0.0173 | 0.4926 | 03/31/2025 |
| 12 | EARNEST Partners LLC | 21,864,348 | 528,442 | 61,438,817.88 | 0.2512 | 0.4116 | 03/31/2025 |
| 13 | Marshall Wace LLP | 20,564,759 | -7,177,845 | 57,786,972.79 | 0.0667 | 0.3871 | 03/31/2025 |
| 14 | D. E. Shaw & Co. LP | 20,311,259 | 20,311,259 | 57,074,637.79 | 0.0597 | 0.3824 | 03/31/2025 |
| 15 | Macquarie Investment Management Business Trust | 19,409,679 | -377 | 54,541,197.99 | 0.0536 | 0.3654 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | MFS Research International Fund | 40,939,580 | -1,858,062 | 115,040,219.8 | 0.7281 | 0.7707 | 06/30/2025 |
| 2 | MFS Emerging Markets Equity Fund | 38,659,212 | 951,237 | 108,632,385.72 | 1.1978 | 0.7278 | 05/31/2025 |
| 3 | Hartford International Value Fund (The) | 29,098,908 | 9,603,358 | 81,767,931.48 | 0.9375 | 0.5478 | 05/31/2025 |
| 4 | iShares Tr. - Latin America 40 ETF | 18,552,634 | 3,659,531 | 52,132,901.54 | 3.3145 | 0.3493 | 06/30/2025 |
| 5 | Vanguard International Value Fund | 18,002,524 | 6,899,991 | 50,587,092.44 | 0.4149 | 0.3389 | 04/30/2025 |
| 6 | Vanguard Global Capital Cycles Fund | 16,825,119 | 4,986,206 | 47,278,584.39 | 2.6289 | 0.3167 | 04/30/2025 |
| 7 | Templeton Emerging Markets Investment Trust Plc | 15,951,354 | 671,296 | 44,823,304.74 | 1.5181 | 0.3003 | 06/30/2025 |
| 8 | DWS Invest - Latin American Equities | 15,384,465 | 3,795,100 | 43,230,346.65 | 2.8159 | 0.2896 | 05/30/2025 |
| 9 | Macquarie Emerging Markets Fund | 14,200,000 | 0 | 39,902,000 | 0.6078 | 0.2673 | 05/30/2025 |
| 10 | Baillie Gifford Emerging Markets Equities Fund | 12,759,463 | 0 | 35,854,091.03 | 0.5934 | 0.2402 | 03/31/2025 |
| 11 | GS Funds - Emerging Markets CORE Equity Portfolio | 9,780,200 | 6,515,300 | 27,482,362 | 0.7675 | 0.1841 | 03/31/2025 |
| 12 | Arga Emerging Markets Value Fund | 9,053,719 | 1,855,852 | 25,440,950.39 | 2.2237 | 0.1704 | 03/31/2025 |
| 13 | SPDR S&P Emerging Markets Dividend ETF | 8,479,681 | 1,335,743 | 23,827,903.61 | 3.0077 | 0.1596 | 06/30/2025 |
| 14 | SPDR Portfolio Emerging Markets ETF | 8,147,252 | 928,497 | 22,893,778.12 | 0.1823 | 0.1534 | 06/30/2025 |
| 15 | Templeton Developing Markets Trust | 8,075,367 | 946,423 | 22,691,781.27 | 1.5148 | 0.152 | 05/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | ARGA Investment Management LP | 126,724,278 | 43,884,334 | 356,095,221.18 | 1.9767 | 2.3857 | 03/31/2025 |
| 2 | Two Sigma Advisers LP | 48,028,620 | 32,715,000 | 134,960,422.2 | 0.2657 | 0.9042 | 03/31/2025 |
| 3 | D. E. Shaw & Co. LP | 20,311,259 | 20,311,259 | 57,074,637.79 | 0.0597 | 0.3824 | 03/31/2025 |
| 4 | Two Sigma Investments LP | 29,902,447 | 18,424,107 | 84,025,876.07 | 0.1641 | 0.5629 | 03/31/2025 |
| 5 | Wellington Management Co. LLP | 67,108,908 | 12,731,460 | 188,576,031.48 | 0.0317 | 1.2634 | 03/31/2025 |
| 6 | Moerus Capital Management LLC | 12,274,580 | 12,274,580 | 34,491,569.8 | 6.9288 | 0.2311 | 03/31/2025 |
| 7 | Arrowstreet Capital LP | 63,063,469 | 12,236,724 | 177,208,347.89 | 0.1237 | 1.1872 | 03/31/2025 |
| 8 | Goldman Sachs Asset Management LP | 26,168,403 | 11,937,739 | 73,533,212.43 | 0.0173 | 0.4926 | 03/31/2025 |
| 9 | Natixis Advisors LLC | 9,331,197 | 5,572,096 | 26,220,663.57 | 0.0437 | 0.1757 | 03/31/2025 |
| 10 | Aquatic Capital Management LLC | 5,429,108 | 5,429,108 | 15,255,793.48 | 0.3463 | 0.1022 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Causeway Capital Management LLC | 3,598,612 | -32,714,894 | 10,112,099.72 | 0.0258 | 0.0677 | 03/31/2025 |
| 2 | UBS Asset Management (Americas) LLC | 0 | -22,148,287 | 0 | 0 | 0 | |
| 3 | UBS Asset Management (UK) Ltd. | 0 | -10,145,096 | 0 | 0 | 0 | |
| 4 | Marshall Wace LLP | 20,564,759 | -7,177,845 | 57,786,972.79 | 0.0667 | 0.3871 | 03/31/2025 |
| 5 | Itau USA Asset Management, Inc. | 26,266,116 | -6,839,494 | 73,807,785.96 | 1.7473 | 0.4945 | 03/31/2025 |
| 6 | Verition Fund Management LLC | 0 | -6,525,958 | 0 | 0 | 0 | |
| 7 | UBS Asset Management Switzerland AG | 0 | -4,675,951 | 0 | 0 | 0 | |
| 8 | BNP Paribas Financial Markets | 3,159,247 | -4,045,991 | 8,877,484.07 | 0.006 | 0.0595 | 03/31/2025 |
| 9 | Sagil Capital LLP | 5,323,265 | -3,300,000 | 14,958,374.65 | 11.6708 | 0.1002 | 03/31/2025 |
| 10 | Citadel Securities LLC | 19,906 | -3,183,903 | 55,935.86 | 0.0002 | 0.0004 | 03/31/2025 |
Data provided by FactSet Research Systems Inc.