| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | PSG Asset Management (Pty) Ltd. | 1,748,948 | 1,748,948 | 15,081,178.6 | 0.6117 | 0.6467 | 06/30/2025 |
| 2 | Orbis Investment Management Ltd. | 1,227,568 | -5,659,686 | 10,585,318.86 | 0.0312 | 0.4539 | 12/31/2023 |
| 3 | The Vanguard Group, Inc. | 1,080,152 | 189,409 | 9,314,150.7 | 0.0001 | 0.3994 | 06/30/2025 |
| 4 | Amundi SGR SpA | 700,000 | 0 | 6,036,100 | 0.0586 | 0.2588 | 03/31/2025 |
| 5 | Dimensional Fund Advisors LP | 373,154 | -13,680 | 3,217,706.94 | 0.0005 | 0.138 | 06/30/2025 |
| 6 | American Century Investment Management, Inc. | 266,563 | 1,134 | 2,298,572.75 | 0.001 | 0.0986 | 06/30/2025 |
| 7 | Banchile Administradora General de Fondos SA | 99,231 | 0 | 855,668.91 | 0.1025 | 0.0367 | 12/31/2023 |
| 8 | Vanguard Fiduciary Trust Co. | 96,376 | -176,492 | 831,050.25 | 0.0009 | 0.0356 | 04/30/2025 |
| 9 | Bestinver Gestion SA SGIIC | 93,806 | 0 | 808,889.14 | 0.0207 | 0.0347 | 06/30/2024 |
| 10 | Barometer Capital Management, Inc. | 40,200 | 8,600 | 346,644.6 | 0.1088 | 0.0149 | 03/31/2025 |
| 11 | Royal London Asset Management Ltd. | 27,435 | -34,681 | 236,572 | 0.0002 | 0.0101 | 06/30/2025 |
| 12 | Marshall Wace LLP | 22,697 | -107,097 | 195,716.23 | 0.0002 | 0.0084 | 03/31/2025 |
| 13 | Laird Norton Wetherby Wealth Management LLC | 20,989 | 0 | 180,988.15 | 0.0081 | 0.0078 | 12/31/2024 |
| 14 | Generali Investments CEE Investicni Spolecnost AS | 20,692 | 0 | 178,427.12 | 0.015 | 0.0077 | 06/30/2025 |
| 15 | Steinbeis & Hacker Vermogensverwaltung GmbH | 20,000 | 0 | 172,460 | 0.1515 | 0.0074 | 10/31/2024 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Orbis Instl. Funds Ltd. - Institutional Global Equity Fund | 1,227,568 | 0 | 10,585,318.86 | 0.549 | 0.4539 | 12/31/2023 |
| 2 | PSG Flexible Fund | 1,006,806 | 1,006,806 | 8,681,688.14 | 0.974 | 0.3723 | 06/30/2025 |
| 3 | PSG Equity Fund | 742,142 | 742,142 | 6,399,490.47 | 0.9535 | 0.2744 | 06/30/2025 |
| 4 | Vanguard Total International Stock Index Fund | 458,531 | 0 | 3,953,912.81 | 0.0007 | 0.1695 | 06/30/2025 |
| 5 | Vanguard Emerging Markets Stock Index Fund | 321,137 | 0 | 2,769,164.35 | 0.0021 | 0.1187 | 06/30/2025 |
| 6 | Avantis Emerging Markets Equity ETF | 260,619 | 0 | 2,247,317.64 | 0.0204 | 0.0964 | 06/30/2025 |
| 7 | Vanguard Institutional Total Intl. Stock Market Index Tr. II | 176,492 | 0 | 1,521,890.52 | 0.0006 | 0.0653 | 06/30/2025 |
| 8 | Vanguard FTSE All World (ex-US) Index Fund | 123,992 | 12,917 | 1,069,183.02 | 0.0015 | 0.0458 | 06/30/2025 |
| 9 | DFA Emerging Markets Core Equity 2 Portfolio | 112,571 | 0 | 970,699.73 | 0.0031 | 0.0416 | 03/31/2025 |
| 10 | Forum One - BAM Latam Equity | 99,231 | 0 | 855,668.91 | 1.6195 | 0.0367 | 12/31/2023 |
| 11 | Vanguard Institutional Total Intl. Stock Market Index Trust | 96,376 | 0 | 831,050.25 | 0.0022 | 0.0356 | 04/30/2025 |
| 12 | Bestinver SICAV - Latin America | 93,806 | 0 | 808,889.14 | 2.4405 | 0.0347 | 06/30/2024 |
| 13 | DFA Emerging Markets Small Cap Portfolio | 76,584 | 0 | 660,383.83 | 0.0165 | 0.0283 | 03/31/2025 |
| 14 | DFA Emerging Markets Small Cap Series (The) | 76,584 | -9,849 | 660,383.83 | 0.0175 | 0.0283 | 04/30/2025 |
| 15 | Dimensional Emerging Core Equity Market ETF | 58,725 | 0 | 506,385.68 | 0.0082 | 0.0217 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | PSG Asset Management (Pty) Ltd. | 1,748,948 | 1,748,948 | 15,081,178.6 | 0.6117 | 0.6467 | 06/30/2025 |
| 2 | The Vanguard Group, Inc. | 1,080,152 | 189,409 | 9,314,150.7 | 0.0001 | 0.3994 | 06/30/2025 |
| 3 | Barometer Capital Management, Inc. | 40,200 | 8,600 | 346,644.6 | 0.1088 | 0.0149 | 03/31/2025 |
| 4 | GAMMA Investing LLC | 10,360 | 6,489 | 89,334.28 | 0.0056 | 0.0038 | 06/30/2025 |
| 5 | DFA Australia Ltd. | 7,316 | 3,009 | 63,085.87 | 0.0002 | 0.0027 | 05/31/2025 |
| 6 | American Century Investment Management, Inc. | 266,563 | 1,134 | 2,298,572.75 | 0.001 | 0.0986 | 06/30/2025 |
| 7 | HSBC Global Asset Management (UK) Ltd. | 18,776 | 940 | 161,905.45 | 0.0001 | 0.0069 | 06/30/2025 |
| 8 | SVB Wealth LLC | 445 | 445 | 3,837.24 | 0.0001 | 0.0002 | 03/31/2025 |
| 9 | Confluence Investment Management LLC | 11,456 | 321 | 98,785.09 | 0.0014 | 0.0042 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Orbis Investment Management Ltd. | 1,227,568 | -5,659,686 | 10,585,318.86 | 0.0312 | 0.4539 | 12/31/2023 |
| 2 | Antipodes Partners Ltd. | 3,682 | -1,550,879 | 31,749.89 | 0.0008 | 0.0014 | 12/31/2024 |
| 3 | Aperio Group LLC | 0 | -864,811 | 0 | 0 | 0 | |
| 4 | UBS Securities LLC | 0 | -829,011 | 0 | 0 | 0 | |
| 5 | Parametric Portfolio Associates LLC | 0 | -332,225 | 0 | 0 | 0 | |
| 6 | Point72 Asset Management LP | 0 | -291,692 | 0 | 0 | 0 | |
| 7 | Two Sigma Investments LP | 0 | -236,289 | 0 | 0 | 0 | |
| 8 | BTG Pactual Asset Management US LLC | 0 | -206,870 | 0 | 0 | 0 | |
| 9 | State Teachers Retirement System of Ohio | 0 | -203,900 | 0 | 0 | 0 | |
| 10 | Goldman Sachs International | 0 | -200,000 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.