| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Schroder Investment Management North America, Inc. | 36,292,879 | -1,718,853 | 314,296,332.14 | 1.9543 | 4.2274 | 06/30/2026 |
| 2 | Krane Funds Advisors LLC | 22,543,908 | 2,496,716 | 195,230,243.28 | 2.4492 | 2.6259 | 06/30/2026 |
| 3 | Invesco Asset Management Ltd. | 21,289,915 | 20,610,556 | 184,370,663.9 | 0.1798 | 2.4799 | 06/30/2026 |
| 4 | BlackRock Fund Advisors | 19,047,223 | 2,719,933 | 164,948,951.18 | 0.003 | 2.2186 | 06/30/2026 |
| 5 | Overlook Investments LP | 19,007,171 | 3,138,328 | 164,602,100.86 | 100 | 2.214 | 06/30/2026 |
| 6 | ARGA Investment Management LP | 18,186,510 | 18,186,510 | 157,495,176.6 | 0.7562 | 2.1184 | 06/30/2026 |
| 7 | Vanguard Capital Management LLC | 16,078,193 | 16,078,193 | 139,237,151.38 | 0.0023 | 1.8728 | 06/30/2026 |
| 8 | D. E. Shaw & Co. LP | 10,325,869 | 8,369,520 | 89,422,025.54 | 0.0547 | 1.2028 | 06/30/2026 |
| 9 | JPMorgan Securities LLC (Investment Management) | 9,579,137 | 8,369,726 | 82,955,326.42 | 0.0378 | 1.1158 | 06/30/2026 |
| 10 | SSgA Funds Management, Inc. | 9,343,979 | -246,982 | 80,918,858.14 | 0.0022 | 1.0884 | 06/30/2026 |
| 11 | Morgan Stanley & Co. LLC | 9,295,521 | 6,378,431 | 80,499,211.86 | 0.0231 | 1.0828 | 06/30/2026 |
| 12 | Baillie Gifford & Co. | 8,632,095 | -4,410,286 | 74,753,942.7 | 0.042 | 1.0055 | 06/30/2026 |
| 13 | BlackRock Advisors (UK) Ltd. | 7,914,713 | 63,141 | 68,541,414.58 | 0.0062 | 0.9219 | 06/30/2026 |
| 14 | Voloridge Investment Management LLC | 7,328,394 | 6,815,373 | 63,463,892.04 | 0.2585 | 0.8536 | 06/30/2026 |
| 15 | Himalaya Capital Management LLC | 6,590,836 | 6,590,836 | 57,076,639.76 | 1.3126 | 0.7677 | 06/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | KraneShares CSI China Internet ETF | 19,563,473 | 1,388,863 | 169,419,676.18 | 3.2554 | 2.2788 | 07/31/2026 |
| 2 | Vanguard International Growth Fund | 13,581,646 | 2,911,303 | 117,617,054.36 | 0.2487 | 1.582 | 05/31/2026 |
| 3 | Hartford Schroders International Stock Fund | 9,328,631 | 1,811,286 | 80,785,944.46 | 0.8279 | 1.0866 | 07/31/2026 |
| 4 | Invesco Developing Markets Fund | 8,268,761 | 5,186,574 | 71,607,470.26 | 0.7774 | 0.9632 | 06/30/2026 |
| 5 | Government Pension Fund - Global (The) | 7,592,565 | -3,179,177 | 65,751,612.9 | 0.0034 | 0.8844 | 06/30/2026 |
| 6 | Vanguard Total International Stock Index Fund | 7,394,294 | 124,876 | 64,034,586.04 | 0.0093 | 0.8613 | 07/31/2026 |
| 7 | Vanguard Emerging Markets Stock Index Fund | 7,138,159 | 364,478 | 61,816,456.94 | 0.0353 | 0.8315 | 07/31/2026 |
| 8 | iShares Core MSCI Emerging Markets ETF | 6,445,121 | 134,650 | 55,814,747.86 | 0.0349 | 0.7507 | 07/31/2026 |
| 9 | MFS International New Discovery Fund | 4,916,472 | 1,457,689 | 42,576,647.52 | 0.5326 | 0.5727 | 07/31/2026 |
| 10 | Invesco Far Eastern Invt. Ser. - Asian Fund (UK) | 4,552,706 | 4,552,706 | 39,426,433.96 | 0.9934 | 0.5303 | 07/31/2026 |
| 11 | Skagen Kon Tiki | 4,545,000 | 4,545,000 | 39,359,700 | 1.6522 | 0.5294 | 07/31/2026 |
| 12 | Invesco China Technology ETF | 4,402,774 | -1,259,198 | 38,128,022.84 | 1.2754 | 0.5128 | 07/31/2026 |
| 13 | Vanguard Institutional Total Intl. Stock Market Index Tr. II | 3,777,789 | 81,658 | 32,715,652.74 | 0.0105 | 0.44 | 06/30/2026 |
| 14 | Schroder International Alpha Trust | 3,187,747 | 855,885 | 27,605,889.02 | 0.8363 | 0.3713 | 06/30/2026 |
| 15 | Invesco Funds - Asian Equity Fund | 2,817,679 | 2,817,679 | 24,401,100.14 | 0.6381 | 0.3282 | 07/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Invesco Asset Management Ltd. | 21,289,915 | 20,610,556 | 184,370,663.9 | 0.1798 | 2.4799 | 06/30/2026 |
| 2 | ARGA Investment Management LP | 18,186,510 | 18,186,510 | 157,495,176.6 | 0.7562 | 2.1184 | 06/30/2026 |
| 3 | Vanguard Capital Management LLC | 16,078,193 | 16,078,193 | 139,237,151.38 | 0.0023 | 1.8728 | 06/30/2026 |
| 4 | JPMorgan Securities LLC (Investment Management) | 9,579,137 | 8,369,726 | 82,955,326.42 | 0.0378 | 1.1158 | 06/30/2026 |
| 5 | D. E. Shaw & Co. LP | 10,325,869 | 8,369,520 | 89,422,025.54 | 0.0547 | 1.2028 | 06/30/2026 |
| 6 | Voloridge Investment Management LLC | 7,328,394 | 6,815,373 | 63,463,892.04 | 0.2585 | 0.8536 | 06/30/2026 |
| 7 | Himalaya Capital Management LLC | 6,590,836 | 6,590,836 | 57,076,639.76 | 1.3126 | 0.7677 | 06/30/2026 |
| 8 | Morgan Stanley & Co. LLC | 9,295,521 | 6,378,431 | 80,499,211.86 | 0.0231 | 1.0828 | 06/30/2026 |
| 9 | Marshall Wace LLP | 6,041,331 | 5,934,631 | 52,317,926.46 | 0.0427 | 0.7037 | 06/30/2026 |
| 10 | Cape Ann Asset Management Ltd. | 4,426,136 | 4,426,136 | 38,330,337.76 | 7.2571 | 0.5156 | 06/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Schroder Investment Management Ltd. | 4,173,155 | -25,307,227 | 36,139,522.3 | 0.0129 | 0.4861 | 06/30/2026 |
| 2 | Cantillon Capital Management LLC | 0 | -18,708,502 | 0 | 0 | 0 | |
| 3 | The Vanguard Group, Inc. | 0 | -15,393,287 | 0 | 0 | 0 | |
| 4 | Fidelity Management & Research Co. LLC | 26,273 | -11,642,764 | 227,524.18 | 0 | 0.0031 | 06/30/2026 |
| 5 | Schroder Investment Management (Singapore) Ltd. | 1,389,049 | -8,399,047 | 12,029,164.34 | 0.0968 | 0.1618 | 06/30/2026 |
| 6 | Capital Research & Management Co. (World Investors) | 0 | -7,030,660 | 0 | 0 | 0 | |
| 7 | JPMorgan Investment Management, Inc. | 1,165,230 | -6,544,119 | 10,090,891.8 | 0.001 | 0.1357 | 06/30/2026 |
| 8 | Green Court Capital Management Ltd. | 0 | -5,893,162 | 0 | 0 | 0 | |
| 9 | Fidelity Management & Research (Hong Kong) Ltd. | 0 | -5,736,525 | 0 | 0 | 0 | |
| 10 | FIAM LLC | 0 | -5,584,820 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.