| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | VR Advisory Services (USA) LLC | 3,405,533 | 0 | 84,150,720.43 | 24.331 | 0.866 | 06/30/2025 |
| 2 | Global X Management Co. LLC | 3,379,408 | 1,208,440 | 83,505,171.68 | 0.1165 | 0.8593 | 06/30/2025 |
| 3 | JPMorgan Investment Management, Inc. | 2,624,428 | 2,444,341 | 64,849,615.88 | 0.0067 | 0.6674 | 06/30/2025 |
| 4 | NWI Management LP | 2,000,000 | 0 | 49,420,000 | 4.052 | 0.5086 | 06/30/2025 |
| 5 | North of South Capital LLP | 1,550,349 | 162,999 | 38,309,123.79 | 0.9961 | 0.3942 | 06/30/2025 |
| 6 | Ping Capital Management, Inc. | 1,482,200 | 697,600 | 36,625,162 | 23.2316 | 0.3769 | 06/30/2025 |
| 7 | Grantham, Mayo, Van Otterloo & Co. LLC | 1,469,078 | -172,800 | 36,300,917.38 | 0.0732 | 0.3736 | 06/30/2025 |
| 8 | JPMorgan Asset Management (UK) Ltd. | 1,166,613 | 884,116 | 28,827,007.23 | 0.0185 | 0.2967 | 06/30/2025 |
| 9 | CI Investments, Inc. | 969,596 | 38,003 | 23,958,717.16 | 0.0518 | 0.2466 | 06/30/2025 |
| 10 | William Blair Investment Management LLC | 907,929 | -772,911 | 22,434,925.59 | 0.0474 | 0.2309 | 06/30/2025 |
| 11 | Voloridge Investment Management LLC | 879,982 | -251,568 | 21,744,355.22 | 0.0754 | 0.2238 | 06/30/2025 |
| 12 | Discovery Capital Management LLC | 866,000 | 866,000 | 21,398,860 | 1.1118 | 0.2202 | 06/30/2025 |
| 13 | BNP Paribas Financial Markets | 794,361 | -385,581 | 19,628,660.31 | 0.0137 | 0.202 | 06/30/2025 |
| 14 | Russell Investment Management LLC | 781,640 | 244,597 | 19,314,324.4 | 0.0206 | 0.1988 | 06/30/2025 |
| 15 | JPMorgan Securities LLC (Investment Management) | 742,482 | -408,180 | 18,346,730.22 | 0.0092 | 0.1888 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Global X MSCI Argentina ETF | 2,650,607 | 479,639 | 65,496,498.97 | 10.375 | 0.674 | 09/30/2025 |
| 2 | JPMorgan Emerging Markets Equity Fund | 1,469,540 | 1,469,540 | 36,312,333.4 | 0.3838 | 0.3737 | 08/31/2025 |
| 3 | GMO Resources Fund | 1,123,067 | -174,100 | 27,750,985.57 | 1.8421 | 0.2856 | 06/30/2025 |
| 4 | Redwheel Emerging Markets Equity Fund Ltd. | 914,789 | 0 | 22,604,436.19 | 0.6444 | 0.2326 | 06/28/2024 |
| 5 | CI Global Income & Growth Fund | 834,710 | 0 | 20,625,684.1 | 0.4134 | 0.2123 | 03/31/2025 |
| 6 | JPMorgan Funds - Emerging Markets Equity Fund | 794,684 | 794,684 | 19,636,641.64 | 0.4569 | 0.2021 | 09/30/2025 |
| 7 | Eaton Vance Emerging & Frontier Countries Equity Fund | 695,893 | 438,300 | 17,195,516.03 | 0.7433 | 0.177 | 08/31/2025 |
| 8 | Pacific Capital UCITS Funds Plc - North of South EM | 646,932 | 0 | 15,985,689.72 | 0.5426 | 0.1645 | 07/31/2025 |
| 9 | JPMorgan Fund ICVC - Emerging Markets Fund | 617,135 | 617,135 | 15,249,405.85 | 0.4403 | 0.1569 | 09/30/2025 |
| 10 | Eaton Vance Global Macro Capital Opportunities Portfolio | 293,193 | 293,193 | 7,244,799.03 | 0.3263 | 0.0746 | 07/31/2025 |
| 11 | Russell Investment Co. - Tax-Managed Real Assets Fund | 217,818 | 4,701 | 5,382,282.78 | 0.4533 | 0.0554 | 09/30/2025 |
| 12 | AYALON ZVULUN 5E Long Short Global Mutual Hedge Fund | 206,900 | 113,960 | 5,112,499 | 18.1275 | 0.0526 | 07/31/2025 |
| 13 | Pacific North of South Global Emerging Markets Equity | 185,288 | 185,288 | 4,578,466.48 | 1.0202 | 0.0471 | 07/31/2025 |
| 14 | Russell Tax Managed International Equity Fund | 181,696 | -51,004 | 4,489,708.16 | 0.0882 | 0.0462 | 09/30/2025 |
| 15 | GMO Investments ICAV - Resources UCITS Fund | 117,687 | 0 | 2,908,045.77 | 1.8681 | 0.0299 | 03/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | JPMorgan Investment Management, Inc. | 2,624,428 | 2,444,341 | 64,849,615.88 | 0.0067 | 0.6674 | 06/30/2025 |
| 2 | Global X Management Co. LLC | 3,379,408 | 1,208,440 | 83,505,171.68 | 0.1165 | 0.8593 | 06/30/2025 |
| 3 | JPMorgan Asset Management (UK) Ltd. | 1,166,613 | 884,116 | 28,827,007.23 | 0.0185 | 0.2967 | 06/30/2025 |
| 4 | Discovery Capital Management LLC | 866,000 | 866,000 | 21,398,860 | 1.1118 | 0.2202 | 06/30/2025 |
| 5 | Ping Capital Management, Inc. | 1,482,200 | 697,600 | 36,625,162 | 23.2316 | 0.3769 | 06/30/2025 |
| 6 | Bank of America, NA (Private Banking) | 428,373 | 350,336 | 10,585,096.83 | 0.0032 | 0.1089 | 06/30/2025 |
| 7 | Oaktree Capital Management LP | 324,330 | 324,330 | 8,014,194.3 | 0.1268 | 0.0825 | 06/30/2025 |
| 8 | JPMorgan Asset Management (Canada) Inc. | 249,558 | 249,558 | 6,166,578.18 | 0.0641 | 0.0635 | 06/30/2025 |
| 9 | Squarepoint OPS LLC | 649,808 | 245,172 | 16,056,755.68 | 0.0329 | 0.1652 | 06/30/2025 |
| 10 | Russell Investment Management LLC | 781,640 | 244,597 | 19,314,324.4 | 0.0206 | 0.1988 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Duquesne Family Office LLC | 703,995 | -1,371,395 | 17,395,716.45 | 0.3914 | 0.179 | 06/30/2025 |
| 2 | Cooper Creek Partners Management LLC | 0 | -1,053,872 | 0 | 0 | 0 | |
| 3 | Encompass Capital Advisors LLC | 0 | -999,047 | 0 | 0 | 0 | |
| 4 | William Blair Investment Management LLC | 907,929 | -772,911 | 22,434,925.59 | 0.0474 | 0.2309 | 06/30/2025 |
| 5 | Two Sigma Investments LP | 90,711 | -697,569 | 2,241,468.81 | 0.0038 | 0.0231 | 06/30/2025 |
| 6 | Citadel Advisors LLC | 0 | -633,241 | 0 | 0 | 0 | |
| 7 | Susquehanna Financial Group LLLP | 238,616 | -508,720 | 5,896,201.36 | 0.0083 | 0.0607 | 06/30/2025 |
| 8 | Cubist Systematic Strategies LLC | 21,870 | -427,034 | 540,407.7 | 0.0055 | 0.0056 | 06/30/2025 |
| 9 | JPMorgan Securities LLC (Investment Management) | 742,482 | -408,180 | 18,346,730.22 | 0.0092 | 0.1888 | 06/30/2025 |
| 10 | BNP Paribas Financial Markets | 794,361 | -385,581 | 19,628,660.31 | 0.0137 | 0.202 | 06/30/2025 |
Data provided by FactSet Research Systems Inc.