| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Bill & Melinda Gates Foundation Trust (Investment Management) | 6,214,719 | 0 | 540,804,847.38 | 1.0069 | 11.8329 | 03/31/2025 |
| 2 | Tweedy, Browne Co. LLC | 1,285,257 | -44,683 | 111,843,064.14 | 1.6626 | 2.4471 | 03/31/2025 |
| 3 | Robeco Institutional Asset Management BV | 1,139,269 | -86,763 | 99,139,188.38 | 0.0957 | 2.1692 | 06/30/2025 |
| 4 | Itau USA Asset Management, Inc. | 1,004,136 | 1,004,136 | 87,379,914.72 | 2.0504 | 1.9119 | 03/31/2025 |
| 5 | Corvex Management LP | 998,713 | -67,395 | 86,908,005.26 | 2.6074 | 1.9016 | 03/31/2025 |
| 6 | Lazard Asset Management LLC | 617,451 | 7,771 | 53,730,586.02 | 0.046 | 1.1756 | 03/31/2025 |
| 7 | Goldman Sachs Asset Management LP | 584,422 | -42,200 | 50,856,402.44 | 0.0118 | 1.1127 | 03/31/2025 |
| 8 | Macquarie Investment Management Business Trust | 537,668 | 3,770 | 46,787,869.36 | 0.0456 | 1.0237 | 03/31/2025 |
| 9 | Cullen Capital Management LLC | 518,743 | 43,620 | 45,141,015.86 | 0.4303 | 0.9877 | 03/31/2025 |
| 10 | Fort Washington Investment Advisors, Inc. | 496,545 | -17,025 | 43,209,345.9 | 0.2437 | 0.9454 | 06/30/2025 |
| 11 | First Eagle Investment Management LLC | 356,823 | 33,860 | 31,050,737.46 | 0.034 | 0.6794 | 03/31/2025 |
| 12 | LarrainVial Asset Management AGF SA | 294,194 | 0 | 25,600,761.88 | 1.1158 | 0.5601 | 12/31/2024 |
| 13 | Natixis Advisors LLC | 268,479 | 26,634 | 23,363,042.58 | 0.0385 | 0.5112 | 03/31/2025 |
| 14 | Connor, Clark & Lunn Investment Management Ltd. | 249,490 | 48,924 | 21,710,619.8 | 0.0744 | 0.475 | 03/31/2025 |
| 15 | Envestnet Asset Management, Inc. | 218,216 | -6,654 | 18,989,156.32 | 0.0056 | 0.4155 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Tweedy Browne International Value Fund | 976,029 | -37,024 | 84,934,043.58 | 1.6812 | 1.8584 | 03/31/2025 |
| 2 | John Hancock Disciplined Value International Fund | 832,839 | 832,839 | 72,473,649.78 | 1.2921 | 1.5857 | 06/30/2025 |
| 3 | DWS Invest - Latin American Equities | 511,874 | 102,492 | 44,543,275.48 | 2.8773 | 0.9746 | 05/30/2025 |
| 4 | Robeco Capital Gr. Fds. - QI Emerging Conservative Equities | 384,450 | -10,301 | 33,454,839 | 1.1777 | 0.732 | 05/30/2025 |
| 5 | Macquarie Emerging Markets Fund | 300,000 | 0 | 26,106,000 | 0.3982 | 0.5712 | 05/30/2025 |
| 6 | Larrainvial AM SICAV - Latin American Equity Fund | 294,194 | 0 | 25,600,761.88 | 2.194 | 0.5601 | 12/31/2024 |
| 7 | Touchstone Strategic Trust - Focused Fund | 273,492 | -3,782 | 23,799,273.84 | 1.7331 | 0.5207 | 06/30/2025 |
| 8 | Invesco International Dividend Achievers ETF | 202,688 | -209,146 | 17,637,909.76 | 2.0402 | 0.3859 | 06/30/2025 |
| 9 | First Eagle Global Income Builder Fund | 187,916 | 8,890 | 16,352,450.32 | 1.0601 | 0.3578 | 04/30/2025 |
| 10 | Goldman Sachs Emerging Markets Equity Insights Fund | 181,642 | -37,390 | 15,806,486.84 | 0.6407 | 0.3458 | 04/30/2025 |
| 11 | GS Funds - Emerging Markets CORE Equity Portfolio | 178,257 | 1,640 | 15,511,924.14 | 0.4293 | 0.3394 | 03/31/2025 |
| 12 | First Eagle Amundi - Income Builder Fund | 174,597 | 30,660 | 15,193,430.94 | 1.1573 | 0.3324 | 05/30/2025 |
| 13 | DWS Latin America Equity Fund | 91,264 | 1,698 | 7,941,793.28 | 3.1003 | 0.1738 | 05/31/2025 |
| 14 | Lazard Glb. Active Fds. Plc - Emerging Markets Eq. Adv. Fd. | 82,974 | 0 | 7,220,397.48 | 0.8826 | 0.158 | 11/29/2024 |
| 15 | DFA Emerging Markets Core Equity 2 Portfolio | 81,220 | 0 | 7,067,764.4 | 0.022 | 0.1546 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Itau USA Asset Management, Inc. | 1,004,136 | 1,004,136 | 87,379,914.72 | 2.0504 | 1.9119 | 03/31/2025 |
| 2 | The Caisse de depot et placement du Quebec | 96,200 | 96,200 | 8,371,324 | 0.008 | 0.1832 | 03/31/2025 |
| 3 | Ramirez Asset Management, Inc. | 104,723 | 91,042 | 9,112,995.46 | 1.3482 | 0.1994 | 06/30/2025 |
| 4 | Hosking Partners LLP | 86,738 | 86,738 | 7,547,940.76 | 0.2319 | 0.1651 | 03/31/2025 |
| 5 | Victory Capital Management, Inc. (Investment Management) | 83,388 | 83,388 | 7,256,423.76 | 0.0058 | 0.1588 | 03/31/2025 |
| 6 | DePrince, Race & Zollo, Inc. | 53,450 | 53,450 | 4,651,219 | 0.0941 | 0.1018 | 03/31/2025 |
| 7 | Connor, Clark & Lunn Investment Management Ltd. | 249,490 | 48,924 | 21,710,619.8 | 0.0744 | 0.475 | 03/31/2025 |
| 8 | Arrowstreet Capital LP | 149,394 | 46,538 | 13,000,265.88 | 0.009 | 0.2844 | 03/31/2025 |
| 9 | Cullen Capital Management LLC | 518,743 | 43,620 | 45,141,015.86 | 0.4303 | 0.9877 | 03/31/2025 |
| 10 | Ninety One UK Ltd. | 43,585 | 43,585 | 3,792,766.7 | 0.0065 | 0.083 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Auto-Owners Insurance Co. (Investment Portfolio) | 5,600 | -294,400 | 487,312 | 0.0118 | 0.0107 | 03/31/2025 |
| 2 | Merrill Lynch, Pierce, Fenner & Smith, Inc. (Invt Mgmt) | 112,044 | -236,220 | 9,750,068.88 | 0.0036 | 0.2133 | 03/31/2025 |
| 3 | Invesco Capital Management LLC | 213,288 | -198,546 | 18,560,321.76 | 0.0052 | 0.4061 | 03/31/2025 |
| 4 | JPMorgan Investment Management, Inc. | 174,946 | -95,675 | 15,223,800.92 | 0.0017 | 0.3331 | 03/31/2025 |
| 5 | Robeco Institutional Asset Management BV | 1,139,269 | -86,763 | 99,139,188.38 | 0.0957 | 2.1692 | 06/30/2025 |
| 6 | Wexford Capital LP | 58,512 | -78,106 | 5,091,714.24 | 0.7403 | 0.1114 | 03/31/2025 |
| 7 | Corvex Management LP | 998,713 | -67,395 | 86,908,005.26 | 2.6074 | 1.9016 | 03/31/2025 |
| 8 | Phoenix Investments House Ltd. | 138,396 | -55,865 | 12,043,219.92 | 0.138 | 0.2635 | 03/31/2025 |
| 9 | Thrivent Asset Management LLC | 0 | -51,342 | 0 | 0 | 0 | |
| 10 | Marshall Wace LLP | 0 | -48,031 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.