| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | RREEF America LLC | 6,975,701 | 6,968,280 | 56,851,963.15 | 0.2508 | 0.5518 | 03/31/2026 |
| 2 | SSgA Funds Management, Inc. | 6,314,082 | 1,489,779 | 51,459,768.3 | 0.0015 | 0.4995 | 03/31/2026 |
| 3 | DWS Investments (UK) Ltd. | 5,148,823 | 5,148,823 | 41,962,907.45 | 0.0159 | 0.4073 | 03/31/2026 |
| 4 | UBS Securities LLC | 4,335,321 | 568,104 | 35,332,866.15 | 0.0127 | 0.343 | 03/31/2026 |
| 5 | Dynamo Internacional Gestao de Recursos Ltda. | 2,589,234 | 2,200,000 | 21,102,257.1 | 6.0878 | 0.2048 | 03/31/2026 |
| 6 | American Century Investment Management, Inc. | 2,315,042 | 646,353 | 18,867,592.3 | 0.0064 | 0.1831 | 03/31/2026 |
| 7 | Parametric Portfolio Associates LLC | 1,397,168 | -40,689 | 11,386,919.2 | 0.0026 | 0.1105 | 03/31/2026 |
| 8 | Citadel Securities LLC | 1,273,348 | 1,251,853 | 10,377,786.2 | 0.0212 | 0.1007 | 03/31/2026 |
| 9 | AzValor Asset Management SGIIC SA | 1,202,849 | 210,967 | 9,803,219.35 | 0.2821 | 0.0952 | 12/31/2025 |
| 10 | Goldman Sachs & Co. LLC (Private Banking) | 1,147,808 | 1,097,415 | 9,354,635.2 | 0.0029 | 0.0908 | 03/31/2026 |
| 11 | Goldman Sachs International | 1,097,770 | -2,277,980 | 8,946,825.5 | 0.0697 | 0.0868 | 03/31/2026 |
| 12 | Kapitalo Investimentos Ltda. | 1,094,733 | 870,235 | 8,922,073.95 | 0.2615 | 0.0866 | 03/31/2026 |
| 13 | Morgan Stanley Latam LLC | 967,921 | 862,551 | 7,888,556.15 | 0.6468 | 0.0766 | 03/31/2026 |
| 14 | Millennium Management LLC | 953,561 | 635,578 | 7,771,522.15 | 0.0054 | 0.0754 | 03/31/2026 |
| 15 | Ramirez Asset Management, Inc. | 924,318 | 242,101 | 7,533,191.7 | 0.8764 | 0.0731 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | State Street SPDR S&P Global Natural Resources ETF | 5,888,778 | 1,273,458 | 47,993,540.7 | 1.0134 | 0.4658 | 05/29/2026 |
| 2 | UniRak | 2,714,650 | 0 | 22,124,397.5 | 0.3443 | 0.2147 | 09/30/2025 |
| 3 | DWS RREEF Real Assets Fund | 2,373,100 | 252,100 | 19,340,765 | 0.5153 | 0.1877 | 03/31/2026 |
| 4 | Avantis Emerging Markets Equity ETF | 2,110,769 | 582,815 | 17,202,767.35 | 0.0689 | 0.167 | 05/29/2026 |
| 5 | Xtrackers SICAV - S&P 500 Swap UCITS ETF | 1,897,775 | 1,897,775 | 15,466,866.25 | 0.1454 | 0.1501 | 05/29/2026 |
| 6 | Xtrackers SICAV - STOXX Glb. Select Div. 100 Swap UCITS ETF | 1,478,739 | 1,478,739 | 12,051,722.85 | 1.1656 | 0.117 | 05/29/2026 |
| 7 | azValor Internacional, FI | 1,110,511 | 118,629 | 9,050,664.65 | 0.2616 | 0.0878 | 12/31/2025 |
| 8 | Quilter Investors OEIC - Natural Resources Equity Fund | 573,882 | 573,882 | 4,677,138.3 | 1.8763 | 0.0454 | 04/30/2026 |
| 9 | State Street SPDR Portfolio Emerging Markets ETF | 489,235 | 21,241 | 3,987,265.25 | 0.0229 | 0.0387 | 05/29/2026 |
| 10 | UniRak Konservativ | 437,786 | 0 | 3,567,955.9 | 0.3702 | 0.0346 | 09/30/2025 |
| 11 | Seafarer Overseas Value Fund | 365,000 | 365,000 | 2,974,750 | 2.0918 | 0.0289 | 03/31/2026 |
| 12 | Avantage Fund, FI | 359,954 | 61,189 | 2,933,625.1 | 2.0923 | 0.0285 | 12/31/2025 |
| 13 | DWS Global Natural Resource Equity Type | 346,415 | 138,085 | 2,823,282.25 | 2.1104 | 0.0274 | 04/30/2026 |
| 14 | Principal Funds, Inc. - Diversified Real Asset Fund | 342,190 | 130,780 | 2,788,848.5 | 0.1084 | 0.0271 | 04/30/2026 |
| 15 | Eaton Vance Global Opportunities Portfolio | 330,200 | 0 | 2,691,130 | -0.3626 | 0.0261 | 01/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | RREEF America LLC | 6,975,701 | 6,968,280 | 56,851,963.15 | 0.2508 | 0.5518 | 03/31/2026 |
| 2 | DWS Investments (UK) Ltd. | 5,148,823 | 5,148,823 | 41,962,907.45 | 0.0159 | 0.4073 | 03/31/2026 |
| 3 | Dynamo Internacional Gestao de Recursos Ltda. | 2,589,234 | 2,200,000 | 21,102,257.1 | 6.0878 | 0.2048 | 03/31/2026 |
| 4 | SSgA Funds Management, Inc. | 6,314,082 | 1,489,779 | 51,459,768.3 | 0.0015 | 0.4995 | 03/31/2026 |
| 5 | Citadel Securities LLC | 1,273,348 | 1,251,853 | 10,377,786.2 | 0.0212 | 0.1007 | 03/31/2026 |
| 6 | Goldman Sachs & Co. LLC (Private Banking) | 1,147,808 | 1,097,415 | 9,354,635.2 | 0.0029 | 0.0908 | 03/31/2026 |
| 7 | Kapitalo Investimentos Ltda. | 1,094,733 | 870,235 | 8,922,073.95 | 0.2615 | 0.0866 | 03/31/2026 |
| 8 | Morgan Stanley Latam LLC | 967,921 | 862,551 | 7,888,556.15 | 0.6468 | 0.0766 | 03/31/2026 |
| 9 | American Century Investment Management, Inc. | 2,315,042 | 646,353 | 18,867,592.3 | 0.0064 | 0.1831 | 03/31/2026 |
| 10 | Millennium Management LLC | 953,561 | 635,578 | 7,771,522.15 | 0.0054 | 0.0754 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Union Investment Institutional GmbH | 0 | -3,192,436 | 0 | 0 | 0 | |
| 2 | Goldman Sachs International | 1,097,770 | -2,277,980 | 8,946,825.5 | 0.0697 | 0.0868 | 03/31/2026 |
| 3 | Two Sigma Investments LP | 62,500 | -1,090,121 | 509,375 | 0.0004 | 0.0049 | 03/31/2026 |
| 4 | Merrill Lynch International (Investment Management) | 149,186 | -847,569 | 1,215,865.9 | 0.0047 | 0.0118 | 03/31/2026 |
| 5 | Deka Investment GmbH | 0 | -778,866 | 0 | 0 | 0 | |
| 6 | Two Sigma Advisers LP | 0 | -770,900 | 0 | 0 | 0 | |
| 7 | UBS Switzerland AG (Investment Management) | 459,971 | -764,530 | 3,748,763.65 | 0.0072 | 0.0364 | 03/31/2026 |
| 8 | Janus Henderson Investors (Australia) Instl. Funds Mgmt. Ltd. | 0 | -502,101 | 0 | 0 | 0 | |
| 9 | Balyasny Asset Management LP | 0 | -481,142 | 0 | 0 | 0 | |
| 10 | RBC Dominion Securities, Inc. (Investment Management) | 184 | -443,900 | 1,499.6 | 0 | 0 | 03/31/2026 |
Data provided by FactSet Research Systems Inc.