| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Kapitalo Investimentos Ltda. | 1,351,867 | -114,149 | 3,244,480.8 | 0.1141 | 0.7836 | 06/30/2025 |
| 2 | UBS Securities LLC | 714,785 | 333,222 | 1,715,484 | 0.0007 | 0.4143 | 06/30/2025 |
| 3 | The Vanguard Group, Inc. | 546,240 | 0 | 1,310,976 | 0 | 0.3166 | 06/30/2025 |
| 4 | Morgan Stanley Latam LLC | 462,758 | 68,345 | 1,110,619.2 | 0.3555 | 0.2682 | 06/30/2025 |
| 5 | Oaktree Capital Management LP | 453,167 | -1,891,125 | 1,087,600.8 | 0.0169 | 0.2627 | 06/30/2025 |
| 6 | Point72 Asset Management LP | 310,220 | 2,051 | 744,528 | 0.0014 | 0.1798 | 06/30/2025 |
| 7 | SSgA Funds Management, Inc. | 272,462 | 24,411 | 653,908.8 | 0 | 0.1579 | 06/30/2025 |
| 8 | Leap Investments LP | 262,512 | 231,208 | 630,028.8 | 0.0094 | 0.1522 | 06/30/2025 |
| 9 | Tudor Investment Corp. | 215,367 | 215,367 | 516,880.8 | 0.0037 | 0.1248 | 06/30/2025 |
| 10 | Aperio Group LLC | 177,103 | 17,540 | 425,047.2 | 0.0003 | 0.1027 | 06/30/2025 |
| 11 | Goldman Sachs & Co. LLC (Private Banking) | 166,917 | 38,257 | 400,600.8 | 0.0002 | 0.0967 | 06/30/2025 |
| 12 | Renaissance Technologies LLC | 133,600 | -171,500 | 320,640 | 0.0004 | 0.0774 | 06/30/2025 |
| 13 | American Century Investment Management, Inc. | 112,321 | 2,286 | 269,570.4 | 0.0001 | 0.0651 | 06/30/2025 |
| 14 | Marshall Wace LLP | 111,838 | -65,917 | 268,411.2 | 0.0003 | 0.0648 | 06/30/2025 |
| 15 | X Square Capital LLC | 85,000 | 0 | 204,000 | 0.0636 | 0.0493 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | SPDR Portfolio Emerging Markets ETF | 290,702 | 42,651 | 697,684.8 | 0.0048 | 0.1685 | 09/30/2025 |
| 2 | Vanguard Emerging Markets Stock Index Fund | 272,413 | 0 | 653,791.2 | 0.0005 | 0.1579 | 09/30/2025 |
| 3 | Vanguard Total International Stock Index Fund | 213,266 | 0 | 511,838.4 | 0.0001 | 0.1236 | 09/30/2025 |
| 4 | Avantis Emerging Markets Equity ETF | 90,592 | 0 | 217,420.8 | 0.0016 | 0.0525 | 09/30/2025 |
| 5 | Vanguard FTSE All World (ex-US) Index Fund | 60,561 | 0 | 145,346.4 | 0.0002 | 0.0351 | 09/30/2025 |
| 6 | VanEck Brazil Small-Cap ETF | 48,360 | 48,360 | 116,064 | 0.5407 | 0.028 | 09/30/2025 |
| 7 | EuroBIC Brasil FI Alternativo Mobiliario Aberto | 40,000 | 0 | 96,000 | 4.2125 | 0.0232 | 06/30/2025 |
| 8 | Lumyna - MW TOPS UCITS Fund | 38,025 | 0 | 91,260 | 0.0035 | 0.022 | 03/31/2025 |
| 9 | Dimensional Funds ICVC - Emerging Markets Core Equity Fund | 24,622 | 0 | 59,092.8 | 0.0022 | 0.0143 | 06/30/2025 |
| 10 | CI Alternative Diversified Opportunities Fund | 20,000 | -10,000 | 48,000 | 0.1133 | 0.0116 | 06/30/2025 |
| 11 | Vanguard Institutional Total Intl. Stock Market Index Trust | 14,226 | 0 | 34,142.4 | 0.0001 | 0.0082 | 08/31/2025 |
| 12 | Avantis Emerging Markets Equity Fund | 13,074 | 0 | 31,377.6 | 0.0045 | 0.0076 | 08/31/2025 |
| 13 | Condor Fund | 12,200 | 0 | 29,280 | 1.1629 | 0.0071 | 06/30/2025 |
| 14 | Avantis Emerging Markets ex-China Equity ETF | 4,763 | 2,129 | 11,431.2 | 0.0064 | 0.0028 | 09/30/2025 |
| 15 | Gestion Boutique, FI - Castanar Investment Fund | 4,680 | -20 | 11,232 | 0.3733 | 0.0027 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | UBS Securities LLC | 714,785 | 333,222 | 1,715,484 | 0.0007 | 0.4143 | 06/30/2025 |
| 2 | Leap Investments LP | 262,512 | 231,208 | 630,028.8 | 0.0094 | 0.1522 | 06/30/2025 |
| 3 | Tudor Investment Corp. | 215,367 | 215,367 | 516,880.8 | 0.0037 | 0.1248 | 06/30/2025 |
| 4 | Morgan Stanley Latam LLC | 462,758 | 68,345 | 1,110,619.2 | 0.3555 | 0.2682 | 06/30/2025 |
| 5 | Centric Wealth Management LLC | 40,000 | 40,000 | 96,000 | 0.0215 | 0.0232 | 06/30/2025 |
| 6 | Goldman Sachs & Co. LLC (Private Banking) | 166,917 | 38,257 | 400,600.8 | 0.0002 | 0.0967 | 06/30/2025 |
| 7 | Jane Street Capital LLC | 49,301 | 27,891 | 118,322.4 | 0.0002 | 0.0286 | 06/30/2025 |
| 8 | SSgA Funds Management, Inc. | 272,462 | 24,411 | 653,908.8 | 0 | 0.1579 | 06/30/2025 |
| 9 | Aperio Group LLC | 177,103 | 17,540 | 425,047.2 | 0.0003 | 0.1027 | 06/30/2025 |
| 10 | HRT Financial LP (US) | 17,380 | 17,380 | 41,712 | 0.0002 | 0.0101 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Oaktree Capital Management LP | 453,167 | -1,891,125 | 1,087,600.8 | 0.0169 | 0.2627 | 06/30/2025 |
| 2 | Citadel Advisors LLC | 0 | -268,401 | 0 | 0 | 0 | |
| 3 | Renaissance Technologies LLC | 133,600 | -171,500 | 320,640 | 0.0004 | 0.0774 | 06/30/2025 |
| 4 | Dimensional Fund Advisors LP | 21,128 | -155,902 | 50,707.2 | 0 | 0.0122 | 06/30/2025 |
| 5 | Graham Capital Management LP | 0 | -138,190 | 0 | 0 | 0 | |
| 6 | Kapitalo Investimentos Ltda. | 1,351,867 | -114,149 | 3,244,480.8 | 0.1141 | 0.7836 | 06/30/2025 |
| 7 | Walleye Capital LLC | 0 | -94,549 | 0 | 0 | 0 | |
| 8 | Citadel Securities LLC | 0 | -90,491 | 0 | 0 | 0 | |
| 9 | Marshall Wace LLP | 111,838 | -65,917 | 268,411.2 | 0.0003 | 0.0648 | 06/30/2025 |
| 10 | Bank of America, NA (Private Banking) | 12,623 | -41,957 | 30,295.2 | 0 | 0.0073 | 06/30/2025 |
Data provided by FactSet Research Systems Inc.