| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | GQG Partners LLC | 187,199,112 | 43,009,616 | 3,440,719,678.56 | 2.551 | 5.0307 | 05/21/2026 |
| 2 | Baillie Gifford & Co. | 44,438,548 | 12,350,855 | 816,780,512.24 | 0.4995 | 1.1942 | 03/31/2026 |
| 3 | Capital Research & Management Co. (International Investors) | 44,242,564 | 24,030,819 | 813,178,326.32 | 0.152 | 1.189 | 03/31/2026 |
| 4 | Arrowstreet Capital LP | 28,553,456 | 28,553,456 | 524,812,521.28 | 0.2432 | 0.7673 | 03/31/2026 |
| 5 | Invesco Asset Management Ltd. | 28,182,838 | 10,879,314 | 518,000,562.44 | 0.5095 | 0.7574 | 03/31/2026 |
| 6 | Lazard Asset Management LLC | 25,251,430 | 3,681,587 | 464,121,283.4 | 0.37 | 0.6786 | 03/31/2026 |
| 7 | Itau USA Asset Management, Inc. | 20,775,870 | 12,734,325 | 381,860,490.6 | 5.8511 | 0.5583 | 03/31/2026 |
| 8 | ARGA Investment Management LP | 17,680,229 | -1,128,476 | 324,962,609.02 | 1.5413 | 0.4751 | 03/31/2026 |
| 9 | T. Rowe Price Hong Kong Ltd. | 14,511,751 | 8,368,366 | 266,725,983.38 | 0.9455 | 0.39 | 03/31/2026 |
| 10 | Capital Research & Management Co. (World Investors) | 14,102,155 | 14,102,155 | 259,197,608.9 | 0.0233 | 0.379 | 03/31/2026 |
| 11 | BlackRock Fund Advisors | 13,714,639 | 5,475,938 | 252,075,064.82 | 0.0048 | 0.3686 | 03/31/2026 |
| 12 | Schroder Investment Management Ltd. | 12,562,954 | -6,026,605 | 230,907,094.52 | 0.0877 | 0.3376 | 03/31/2026 |
| 13 | Fisher Asset Management LLC | 11,830,951 | -2,464,157 | 217,452,879.38 | 0.0656 | 0.3179 | 03/31/2026 |
| 14 | Mondrian Investment Partners Ltd. | 11,104,808 | 12,187 | 204,106,371.04 | 1.2353 | 0.2984 | 03/31/2026 |
| 15 | Robeco Institutional Asset Management BV | 7,831,368 | 2,007,814 | 143,940,543.84 | 0.1136 | 0.2105 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Goldman Sachs GQG Partners International Opportunities Fund | 55,801,405 | -10,654,658 | 1,025,629,823.9 | 1.762 | 1.4996 | 01/31/2026 |
| 2 | GQG Partners Emerging Markets Equity Fund | 47,670,787 | -6,818,365 | 876,189,065.06 | 3.9011 | 1.2811 | 03/31/2026 |
| 3 | American Funds New World Fund | 30,108,672 | 21,948,739 | 553,397,391.36 | 0.6842 | 0.8091 | 03/31/2026 |
| 4 | Invesco Developing Markets Fund | 14,860,055 | -911,747 | 273,127,810.9 | 2.9411 | 0.3993 | 04/30/2026 |
| 5 | iShares Tr. - Latin America 40 ETF | 12,911,714 | 5,059,279 | 237,317,303.32 | 5.4031 | 0.347 | 05/29/2026 |
| 6 | American Funds EUPAC Fund | 11,786,946 | 4,553,729 | 216,644,067.48 | 0.1576 | 0.3168 | 03/31/2026 |
| 7 | St. James's Place Unit Trust - Emerging Markets Equity | 7,384,226 | 0 | 135,722,073.88 | 0.9668 | 0.1984 | 09/30/2025 |
| 8 | Lazard Emerging Markets Equity Portfolio | 5,965,900 | 785,224 | 109,653,242 | 1.1937 | 0.1603 | 04/30/2026 |
| 9 | Invesco Funds - Emerging Markets Equity Fund | 5,634,410 | 1,463,998 | 103,560,455.8 | 2.9019 | 0.1514 | 04/30/2026 |
| 10 | American Funds Insurance Series - Growth Fund | 5,608,068 | 5,608,068 | 103,076,289.84 | 0.1929 | 0.1507 | 03/31/2026 |
| 11 | Baillie Gifford Emerging Markets Equities Fund | 5,164,719 | -436,545 | 94,927,535.22 | 1.0445 | 0.1388 | 12/31/2025 |
| 12 | T. Rowe Price Emerging Markets Discovery Stock Fund | 5,084,593 | 2,843,993 | 93,454,819.34 | 1.3889 | 0.1366 | 03/31/2026 |
| 13 | DWS Invest - Latin American Equities | 4,377,303 | 1,859,255 | 80,454,829.14 | 3.1013 | 0.1176 | 04/30/2026 |
| 14 | Avantis Emerging Markets Equity ETF | 4,234,468 | 1,159,969 | 77,829,521.84 | 0.3037 | 0.1138 | 05/29/2026 |
| 15 | DJE FMM - Fonds FT | 3,354,300 | 3,354,300 | 61,652,034 | 6.9838 | 0.0901 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | GQG Partners LLC | 187,199,112 | 43,009,616 | 3,440,719,678.56 | 2.551 | 5.0307 | 05/21/2026 |
| 2 | Arrowstreet Capital LP | 28,553,456 | 28,553,456 | 524,812,521.28 | 0.2432 | 0.7673 | 03/31/2026 |
| 3 | Capital Research & Management Co. (International Investors) | 44,242,564 | 24,030,819 | 813,178,326.32 | 0.152 | 1.189 | 03/31/2026 |
| 4 | Capital Research & Management Co. (World Investors) | 14,102,155 | 14,102,155 | 259,197,608.9 | 0.0233 | 0.379 | 03/31/2026 |
| 5 | Itau USA Asset Management, Inc. | 20,775,870 | 12,734,325 | 381,860,490.6 | 5.8511 | 0.5583 | 03/31/2026 |
| 6 | Baillie Gifford & Co. | 44,438,548 | 12,350,855 | 816,780,512.24 | 0.4995 | 1.1942 | 03/31/2026 |
| 7 | Invesco Asset Management Ltd. | 28,182,838 | 10,879,314 | 518,000,562.44 | 0.5095 | 0.7574 | 03/31/2026 |
| 8 | T. Rowe Price Hong Kong Ltd. | 14,511,751 | 8,368,366 | 266,725,983.38 | 0.9455 | 0.39 | 03/31/2026 |
| 9 | Morgan Stanley Latam LLC | 7,658,001 | 7,583,001 | 140,754,058.38 | 11.355 | 0.2058 | 03/31/2026 |
| 10 | Acadian Asset Management LLC | 7,470,000 | 7,446,326 | 137,298,600 | 0.149 | 0.2007 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Fidelity Management & Research Co. LLC | 6,712,261 | -12,877,467 | 123,371,357.18 | 0.0062 | 0.1804 | 03/31/2026 |
| 2 | Massachusetts Financial Services Co. | 2,999,525 | -7,518,755 | 55,131,269.5 | 0.0174 | 0.0806 | 03/31/2026 |
| 3 | FIAM LLC | 3,626,414 | -7,216,796 | 66,653,489.32 | 0.0276 | 0.0975 | 03/31/2026 |
| 4 | SPX Gestao de Recursos Ltda. | 1,732,842 | -6,184,140 | 31,849,635.96 | 1.157 | 0.0466 | 03/31/2026 |
| 5 | Schroder Investment Management Ltd. | 12,562,954 | -6,026,605 | 230,907,094.52 | 0.0877 | 0.3376 | 03/31/2026 |
| 6 | Point72 Asset Management LP | 0 | -5,435,053 | 0 | 0 | 0 | |
| 7 | D. E. Shaw & Co. LP | 0 | -4,842,300 | 0 | 0 | 0 | |
| 8 | Marshall Wace LLP | 2,929,986 | -4,416,394 | 53,853,142.68 | 0.0496 | 0.0787 | 03/31/2026 |
| 9 | Schroder Investment Management North America, Inc. | 5,746,443 | -3,834,139 | 105,619,622.34 | 0.5794 | 0.1544 | 03/31/2026 |
| 10 | Nomura Investment Management Business Trust | 1,677,355 | -3,002,576 | 30,829,784.9 | 0.0364 | 0.0451 | 03/31/2026 |
Data provided by FactSet Research Systems Inc.