| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Baillie Gifford & Co. | 5,291,612 | -448,225 | 194,995,902.2 | 0.0959 | 2.0141 | 06/30/2025 |
| 2 | WCM Investment Management LLC | 600,673 | 600,673 | 22,134,800.05 | 0.0299 | 0.2286 | 03/31/2025 |
| 3 | Franchise Capital Ltd. | 421,321 | 61,321 | 15,525,678.85 | 5.6314 | 0.1604 | 06/30/2025 |
| 4 | Templeton Asset Management Ltd. (Hong Kong) | 280,594 | 48,011 | 10,339,888.9 | 1.455 | 0.1068 | 06/30/2025 |
| 5 | Fidelity Management & Research (Hong Kong) Ltd. | 233,200 | 233,200 | 8,593,420 | 0.0722 | 0.0888 | 05/31/2025 |
| 6 | Matthews International Capital Management LLC | 189,185 | -5,616 | 6,971,467.25 | 0.0971 | 0.072 | 06/30/2025 |
| 7 | Pzena Investment Management LLC | 184,306 | -6,605 | 6,791,676.1 | 0.0124 | 0.0702 | 04/30/2025 |
| 8 | Burgundy Asset Management Ltd. | 176,258 | 176,258 | 6,495,107.3 | 0.0412 | 0.0671 | 04/30/2025 |
| 9 | Marshall Wace LLP | 68,138 | 68,138 | 2,510,885.3 | 0.0029 | 0.0259 | 03/31/2025 |
| 10 | Skerryvore Asset Management Ltd. | 65,888 | 18,623 | 2,427,972.8 | 0.1977 | 0.0251 | 06/30/2025 |
| 11 | Sands Capital Management LLC | 54,573 | 54,573 | 2,011,015.05 | 0.0043 | 0.0208 | 01/31/2025 |
| 12 | Bin Yuan Capital Ltd. (Hong Kong) | 52,800 | 0 | 1,945,680 | 0.2927 | 0.0201 | 09/30/2024 |
| 13 | Virtus Investment Advisers LLC | 38,800 | 38,800 | 1,429,780 | 0.2148 | 0.0148 | 06/30/2025 |
| 14 | Allianz Global Investors Asia Pacific Ltd. | 32,681 | 0 | 1,204,294.85 | 0.012 | 0.0124 | 04/30/2025 |
| 15 | Clough Capital Partners LP | 17,955 | 17,955 | 661,641.75 | 0.0683 | 0.0068 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Baillie Gifford Overseas Growth Fund - Pacific Fund | 1,900,094 | -484,688 | 70,018,463.9 | 1.9603 | 0.7232 | 06/30/2025 |
| 2 | Baillie Gifford Emerging Markets Equities Fund | 1,873,915 | 0 | 69,053,767.75 | 1.1282 | 0.7133 | 03/31/2025 |
| 3 | Pacific Horizon Investment Trust Plc | 502,619 | -18,281 | 18,521,510.15 | 2.0091 | 0.1913 | 04/30/2025 |
| 4 | Baillie Gifford Overseas Growth Fund - Emer. Mkts. Leading Co. | 420,942 | 104,260 | 15,511,712.7 | 1.8643 | 0.1602 | 06/30/2025 |
| 5 | WCM Focused Emerging Markets Fund | 415,220 | 415,220 | 15,300,857 | 1.6493 | 0.158 | 03/31/2025 |
| 6 | Fidelity Inv. Trust - Pacific Basin Fund | 233,200 | 233,200 | 8,593,420 | 1.0383 | 0.0888 | 05/31/2025 |
| 7 | Baillie Gifford Overseas Growth Funds ICVC - EM. Growth | 198,147 | -61,545 | 7,301,716.95 | 1.0947 | 0.0754 | 06/30/2025 |
| 8 | Burgundy Emerging Markets Equity Fund | 176,258 | 176,258 | 6,495,107.3 | 2.1498 | 0.0671 | 04/30/2025 |
| 9 | JNL Multi-Manager Emerging Markets Equity Fund | 163,771 | 163,771 | 6,034,961.35 | 0.4529 | 0.0623 | 03/31/2025 |
| 10 | Templeton Dragon Fund Inc. | 150,516 | 44,011 | 5,546,514.6 | 1.7984 | 0.0573 | 03/31/2025 |
| 11 | Baillie Gifford Worldwide Funds Plc - EM Leading Cos. Fund | 133,107 | 36,637 | 4,904,992.95 | 1.853 | 0.0507 | 06/30/2025 |
| 12 | FTIF SICAV - China Fund | 128,478 | 4,000 | 4,734,414.3 | 1.4479 | 0.0489 | 06/30/2025 |
| 13 | Baillie Gifford Overseas Growth Fund - China Fund | 100,856 | -1,621 | 3,716,543.6 | 1.1714 | 0.0384 | 06/30/2025 |
| 14 | Vanguard Emerging Markets Select Stock Fund | 93,884 | -2,661 | 3,459,625.4 | 0.3986 | 0.0357 | 04/30/2025 |
| 15 | Matthews Asia Funds - China Fund | 91,562 | 0 | 3,374,059.7 | 0.8179 | 0.0349 | 05/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | WCM Investment Management LLC | 600,673 | 600,673 | 22,134,800.05 | 0.0299 | 0.2286 | 03/31/2025 |
| 2 | Fidelity Management & Research (Hong Kong) Ltd. | 233,200 | 233,200 | 8,593,420 | 0.0722 | 0.0888 | 05/31/2025 |
| 3 | Burgundy Asset Management Ltd. | 176,258 | 176,258 | 6,495,107.3 | 0.0412 | 0.0671 | 04/30/2025 |
| 4 | Marshall Wace LLP | 68,138 | 68,138 | 2,510,885.3 | 0.0029 | 0.0259 | 03/31/2025 |
| 5 | Franchise Capital Ltd. | 421,321 | 61,321 | 15,525,678.85 | 5.6314 | 0.1604 | 06/30/2025 |
| 6 | Sands Capital Management LLC | 54,573 | 54,573 | 2,011,015.05 | 0.0043 | 0.0208 | 01/31/2025 |
| 7 | Templeton Asset Management Ltd. (Hong Kong) | 280,594 | 48,011 | 10,339,888.9 | 1.455 | 0.1068 | 06/30/2025 |
| 8 | Virtus Investment Advisers LLC | 38,800 | 38,800 | 1,429,780 | 0.2148 | 0.0148 | 06/30/2025 |
| 9 | Skerryvore Asset Management Ltd. | 65,888 | 18,623 | 2,427,972.8 | 0.1977 | 0.0251 | 06/30/2025 |
| 10 | Clough Capital Partners LP | 17,955 | 17,955 | 661,641.75 | 0.0683 | 0.0068 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Baillie Gifford & Co. | 5,291,612 | -448,225 | 194,995,902.2 | 0.0959 | 2.0141 | 06/30/2025 |
| 2 | Morgan Stanley Investment Management Co. | 0 | -25,220 | 0 | 0 | 0 | |
| 3 | MY.Alpha Management (HK) Advisors Ltd. | 0 | -7,550 | 0 | 0 | 0 | |
| 4 | Pzena Investment Management LLC | 184,306 | -6,605 | 6,791,676.1 | 0.0124 | 0.0702 | 04/30/2025 |
| 5 | Matthews International Capital Management LLC | 189,185 | -5,616 | 6,971,467.25 | 0.0971 | 0.072 | 06/30/2025 |
| 6 | Ancora Family Wealth Advisors LLC | 0 | -350 | 0 | 0 | 0 | |
| 7 | RhumbLine Advisers LP | 1,567 | -143 | 57,743.95 | 0 | 0.0006 | 03/31/2025 |
Data provided by FactSet Research Systems Inc.