| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Letko, Brosseau & Associates Inc. | 6,714,721 | 190,026 | 56,873,686.87 | 1.0109 | 1.9992 | 03/31/2025 |
| 2 | The Vanguard Group, Inc. | 1,650,014 | -131,550 | 13,975,618.58 | 0.0002 | 0.4913 | 03/31/2025 |
| 3 | Goldman Sachs International | 1,170,011 | 366,680 | 9,909,993.17 | 0.0935 | 0.3484 | 03/31/2025 |
| 4 | SPX Gestao de Recursos Ltda. | 1,110,813 | 80,493 | 9,408,586.11 | 0.4679 | 0.3307 | 03/31/2025 |
| 5 | Aperio Group LLC | 796,037 | 68,888 | 6,742,433.39 | 0.006 | 0.237 | 03/31/2025 |
| 6 | Parametric Portfolio Associates LLC | 749,246 | 313,554 | 6,346,113.62 | 0.0019 | 0.2231 | 03/31/2025 |
| 7 | Optiver US LLC | 541,587 | 0 | 4,587,241.89 | 0.1423 | 0.1613 | 03/31/2025 |
| 8 | Itau USA Asset Management, Inc. | 513,255 | 405,805 | 4,347,269.85 | 0.1032 | 0.1528 | 03/31/2025 |
| 9 | Robeco Institutional Asset Management BV | 479,169 | -642,768 | 4,058,561.43 | 0.004 | 0.1427 | 06/30/2025 |
| 10 | BlackRock Asset Management Canada Ltd. | 300,061 | -31,258 | 2,541,516.67 | 0.0026 | 0.0893 | 03/31/2025 |
| 11 | American Century Investment Management, Inc. | 207,857 | 314 | 1,760,548.79 | 0.0008 | 0.0619 | 03/31/2025 |
| 12 | Sumitomo Mitsui Trust Asset Management Co., Ltd. | 204,600 | 0 | 1,732,962 | 0.0021 | 0.0609 | 11/25/2024 |
| 13 | Merrill Lynch International (Investment Management) | 196,675 | 196,675 | 1,665,837.25 | 0.0088 | 0.0586 | 03/31/2025 |
| 14 | Two Sigma Investments LP | 192,253 | -95,812 | 1,628,382.91 | 0.0032 | 0.0572 | 03/31/2025 |
| 15 | Morgan Stanley & Co. LLC | 181,998 | -4,586 | 1,541,523.06 | 0.0005 | 0.0542 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Vanguard Emerging Markets Stock Index Fund | 1,528,503 | -131,550 | 12,946,420.41 | 0.0099 | 0.4551 | 06/30/2025 |
| 2 | iShares Global Infrastructure Index Fund | 314,016 | -17,303 | 2,659,715.52 | 0.5199 | 0.0935 | 06/30/2025 |
| 3 | Candoris ICAV - Letko Brosseau Global EM Equity Fund | 302,225 | 22,000 | 2,559,845.75 | 4.2603 | 0.09 | 01/31/2025 |
| 4 | SMTAM Emerging Country Equity Index Mother Fund | 204,600 | 0 | 1,732,962 | 0.1042 | 0.0609 | 11/25/2024 |
| 5 | Avantis Emerging Markets Equity ETF | 187,574 | 0 | 1,588,751.78 | 0.0144 | 0.0558 | 06/30/2025 |
| 6 | BNY Mellon Global Fds. Plc - Brazil Equity Fund | 161,389 | 23,975 | 1,366,964.83 | 4.0041 | 0.0481 | 05/31/2025 |
| 7 | DWS Invest - Latin American Equities | 127,914 | 127,914 | 1,083,431.58 | 0.0708 | 0.0381 | 05/30/2025 |
| 8 | Vanguard FTSE All World (ex-US) Index Fund | 112,597 | 0 | 953,696.59 | 0.0014 | 0.0335 | 06/30/2025 |
| 9 | Vanguard Institutional Total Intl. Stock Market Index Trust | 99,391 | 0 | 841,841.77 | 0.0022 | 0.0296 | 04/30/2025 |
| 10 | Dimensional Funds ICVC - Emerging Markets Core Equity Fund | 94,382 | 0 | 799,415.54 | 0.0342 | 0.0281 | 12/31/2024 |
| 11 | HSBC ETFs Plc - MSCI Emerging Markets | 81,371 | -782 | 689,212.37 | 0.0236 | 0.0242 | 06/30/2025 |
| 12 | BlackRock ISF - iShares EM Screened Equity Index Fund (IE) | 79,466 | 5,703 | 673,077.02 | 0.1057 | 0.0237 | 06/30/2025 |
| 13 | VanEck Low Carbon Energy ETF | 75,659 | -10,270 | 640,831.73 | 0.4959 | 0.0225 | 06/30/2025 |
| 14 | Dimensional Emerging Core Equity Market ETF | 75,275 | 27,975 | 637,579.25 | 0.0103 | 0.0224 | 06/30/2025 |
| 15 | SPDR S&P Kensho Clean Power ETF | 60,901 | -77,658 | 515,831.47 | 0.3681 | 0.0181 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Itau USA Asset Management, Inc. | 513,255 | 405,805 | 4,347,269.85 | 0.1032 | 0.1528 | 03/31/2025 |
| 2 | Goldman Sachs International | 1,170,011 | 366,680 | 9,909,993.17 | 0.0935 | 0.3484 | 03/31/2025 |
| 3 | Parametric Portfolio Associates LLC | 749,246 | 313,554 | 6,346,113.62 | 0.0019 | 0.2231 | 03/31/2025 |
| 4 | Merrill Lynch International (Investment Management) | 196,675 | 196,675 | 1,665,837.25 | 0.0088 | 0.0586 | 03/31/2025 |
| 5 | Letko, Brosseau & Associates Inc. | 6,714,721 | 190,026 | 56,873,686.87 | 1.0109 | 1.9992 | 03/31/2025 |
| 6 | SPX Gestao de Recursos Ltda. | 1,110,813 | 80,493 | 9,408,586.11 | 0.4679 | 0.3307 | 03/31/2025 |
| 7 | Aperio Group LLC | 796,037 | 68,888 | 6,742,433.39 | 0.006 | 0.237 | 03/31/2025 |
| 8 | Quantinno Capital Management LP | 76,819 | 59,681 | 650,656.93 | 0.0038 | 0.0229 | 03/31/2025 |
| 9 | Raymond James & Associates, Inc. (Invt Mgmt) | 56,780 | 56,780 | 480,926.6 | 0.0002 | 0.0169 | 03/31/2025 |
| 10 | Prelude Capital Management LLC | 45,000 | 45,000 | 381,150 | 0.0351 | 0.0134 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Robeco Institutional Asset Management BV | 479,169 | -642,768 | 4,058,561.43 | 0.004 | 0.1427 | 06/30/2025 |
| 2 | Goldman Sachs & Co. LLC (Private Banking) | 0 | -409,549 | 0 | 0 | 0 | |
| 3 | Millennium Management LLC | 0 | -297,678 | 0 | 0 | 0 | |
| 4 | Marshall Wace LLP | 0 | -139,551 | 0 | 0 | 0 | |
| 5 | The Vanguard Group, Inc. | 1,650,014 | -131,550 | 13,975,618.58 | 0.0002 | 0.4913 | 03/31/2025 |
| 6 | Two Sigma Investments LP | 192,253 | -95,812 | 1,628,382.91 | 0.0032 | 0.0572 | 03/31/2025 |
| 7 | Guggenheim Partners Investment Management LLC | 38,821 | -91,906 | 328,813.87 | 0.0042 | 0.0116 | 03/31/2025 |
| 8 | Manulife Investment Management (US) LLC | 0 | -82,749 | 0 | 0 | 0 | |
| 9 | Two Sigma Advisers LP | 175,420 | -81,600 | 1,485,807.4 | 0.0029 | 0.0522 | 03/31/2025 |
| 10 | Walleye Capital LLC | 0 | -74,142 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.