| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (Global Investors) | 84,609,325 | 54,517,661 | 676,028,506.75 | 0.0822 | 1.5642 | 03/31/2026 |
| 2 | GQG Partners LLC | 81,646,220 | -12,312,140 | 652,353,297.8 | 0.4837 | 1.5094 | 03/31/2026 |
| 3 | Orbis Investment Management Ltd. | 69,269,672 | -16,557,320 | 553,464,679.28 | 1.29 | 1.2806 | 03/31/2026 |
| 4 | Westwood Global Investments LLC | 60,727,358 | -3,263,877 | 485,211,590.42 | 10.9842 | 1.1227 | 03/31/2026 |
| 5 | Arrowstreet Capital LP | 55,481,880 | -7,483,508 | 443,300,221.2 | 0.2054 | 1.0257 | 03/31/2026 |
| 6 | Robeco Institutional Asset Management BV | 54,692,228 | -4,660,686 | 436,990,901.72 | 0.3449 | 1.0111 | 03/31/2026 |
| 7 | Fidelity Management & Research Co. LLC | 46,015,609 | -18,937,199 | 367,664,715.91 | 0.0184 | 0.8507 | 03/31/2026 |
| 8 | Schroder Investment Management Ltd. | 42,501,492 | -7,122,410 | 339,586,921.08 | 0.129 | 0.7857 | 03/31/2026 |
| 9 | BlackRock Fund Advisors | 42,175,098 | 18,515,397 | 336,979,033.02 | 0.0065 | 0.7797 | 03/31/2026 |
| 10 | William Blair Investment Management LLC | 31,684,708 | 1,330,407 | 253,160,816.92 | 0.6082 | 0.5858 | 03/31/2026 |
| 11 | Fisher Asset Management LLC | 28,614,724 | -34,650,021 | 228,631,644.76 | 0.069 | 0.529 | 03/31/2026 |
| 12 | Templeton Asset Management Ltd. | 28,440,927 | 2,284,692 | 227,243,006.73 | 1.0986 | 0.5258 | 03/31/2026 |
| 13 | JPMorgan Investment Management, Inc. | 23,234,646 | -1,858,143 | 185,644,821.54 | 0.0033 | 0.4295 | 03/31/2026 |
| 14 | Schroder Investment Management North America, Inc. | 22,189,967 | -4,952,005 | 177,297,836.33 | 0.9727 | 0.4102 | 03/31/2026 |
| 15 | Rothschild & Co. Asset Management SCS | 21,094,441 | 3,359,022 | 168,544,583.59 | 1.2045 | 0.39 | 04/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | iShares Tr. - Latin America 40 ETF | 37,537,693 | 14,365,812 | 299,926,167.07 | 6.8286 | 0.694 | 05/29/2026 |
| 2 | American Funds New World Fund | 36,833,337 | 12,016,895 | 294,298,362.63 | 0.3638 | 0.6809 | 03/31/2026 |
| 3 | Fidelity Inv. Trust - Emerging Markets Opportunities Fund | 23,923,751 | -4,945,530 | 191,150,770.49 | 0.587 | 0.4423 | 04/30/2026 |
| 4 | Capital Income Builder | 21,159,826 | 21,159,826 | 169,067,009.74 | 0.1697 | 0.3912 | 03/31/2026 |
| 5 | Robeco Capital Gr. Fds. - Emerging Stars Equities | 19,283,303 | 2,567,603 | 154,073,590.97 | 2.8654 | 0.3565 | 04/30/2026 |
| 6 | R-co Valor Fund | 18,579,547 | 2,976,068 | 148,450,580.53 | 1.4806 | 0.3435 | 02/27/2026 |
| 7 | American Funds Capital World Growth & Income Fund | 14,953,653 | 0 | 119,479,687.47 | 0.0771 | 0.2765 | 03/31/2026 |
| 8 | Dodge & Cox Worldwide Funds - Global Stock Fund | 13,658,151 | 133,000 | 109,128,626.49 | 1.3167 | 0.2525 | 03/31/2026 |
| 9 | AP7 Aktiefond | 13,053,580 | 1,225,036 | 104,298,104.2 | 0.0642 | 0.2413 | 12/31/2025 |
| 10 | JPMorgan Emerging Markets Equity Fund | 12,462,206 | -712,127 | 99,573,025.94 | 0.858 | 0.2304 | 04/30/2026 |
| 11 | American Funds Global Balanced Fund | 11,518,316 | 11,518,316 | 92,031,344.84 | 0.4406 | 0.2129 | 03/31/2026 |
| 12 | Vanguard Emerging Markets Stock Index Fund | 10,785,505 | -452,478 | 86,176,184.95 | 0.0515 | 0.1994 | 04/30/2026 |
| 13 | GQG Global UCITS ICAV - Partners Global Equity Fund | 10,483,011 | 962,818 | 83,759,257.89 | 1.9191 | 0.1938 | 12/31/2025 |
| 14 | Seafarer Overseas Growth & Income Fund | 10,428,750 | 0 | 83,325,712.5 | 2.2407 | 0.1928 | 03/31/2026 |
| 15 | GQG Global UCITS ICAV - Partners Emerging Markets Equity Fund | 9,704,726 | -2,443,882 | 77,540,760.74 | 3.42 | 0.1794 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (Global Investors) | 84,609,325 | 54,517,661 | 676,028,506.75 | 0.0822 | 1.5642 | 03/31/2026 |
| 2 | Carrhae Capital LLP | 20,443,133 | 20,443,133 | 163,340,632.67 | 11.589 | 0.3779 | 03/31/2026 |
| 3 | Vanguard Capital Management LLC | 20,252,308 | 20,252,308 | 161,815,940.92 | 0.0028 | 0.3744 | 03/31/2026 |
| 4 | BlackRock Fund Advisors | 42,175,098 | 18,515,397 | 336,979,033.02 | 0.0065 | 0.7797 | 03/31/2026 |
| 5 | Two Sigma Investments LP | 20,088,181 | 14,824,833 | 160,504,566.19 | 0.1199 | 0.3714 | 03/31/2026 |
| 6 | Jane Street Capital LLC | 11,094,671 | 11,017,390 | 88,646,421.29 | 0.0774 | 0.2051 | 03/31/2026 |
| 7 | TT International Asset Management Ltd. | 9,533,122 | 9,388,922 | 76,169,644.78 | 3.2219 | 0.1762 | 03/31/2026 |
| 8 | Morgan Stanley Smith Barney LLC (Investment Management) | 7,879,537 | 7,608,822 | 62,957,500.63 | 0.0075 | 0.1457 | 03/31/2026 |
| 9 | Merrill Lynch International (Investment Management) | 6,521,500 | 6,521,500 | 52,106,785 | 0.1999 | 0.1206 | 03/31/2026 |
| 10 | Goldman Sachs & Co. LLC (Private Banking) | 8,161,948 | 5,342,770 | 65,213,964.52 | 0.0201 | 0.1509 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Fisher Asset Management LLC | 28,614,724 | -34,650,021 | 228,631,644.76 | 0.069 | 0.529 | 03/31/2026 |
| 2 | The Vanguard Group, Inc. | 0 | -22,895,621 | 0 | 0 | 0 | |
| 3 | Fidelity Management & Research Co. LLC | 46,015,609 | -18,937,199 | 367,664,715.91 | 0.0184 | 0.8507 | 03/31/2026 |
| 4 | Orbis Investment Management Ltd. | 69,269,672 | -16,557,320 | 553,464,679.28 | 1.29 | 1.2806 | 03/31/2026 |
| 5 | Wellington Management Co. LLP | 11,166,009 | -15,214,992 | 89,216,411.91 | 0.014 | 0.2064 | 03/31/2026 |
| 6 | Samlyn Capital LLC | 0 | -13,946,872 | 0 | 0 | 0 | |
| 7 | Boston Partners Global Investors, Inc. | 98,294 | -12,687,845 | 785,369.06 | 0.0007 | 0.0018 | 03/31/2026 |
| 8 | GQG Partners LLC | 81,646,220 | -12,312,140 | 652,353,297.8 | 0.4837 | 1.5094 | 03/31/2026 |
| 9 | Renaissance Technologies LLC | 4,894,713 | -9,745,883 | 39,108,756.87 | 0.0538 | 0.0905 | 03/31/2026 |
| 10 | Arrowstreet Capital LP | 55,481,880 | -7,483,508 | 443,300,221.2 | 0.2054 | 1.0257 | 03/31/2026 |
Data provided by FactSet Research Systems Inc.