| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (Global Investors) | 4,706,897 | 2,064,648 | 339,555,549.58 | 0.0413 | 4.9444 | 03/31/2026 |
| 2 | JPMorgan Investment Management, Inc. | 3,504,833 | 1,133,396 | 252,838,652.62 | 0.0045 | 3.6817 | 03/31/2026 |
| 3 | Capital Research & Management Co. (World Investors) | 2,500,977 | -478,235 | 180,420,480.78 | 0.0162 | 2.6272 | 03/31/2026 |
| 4 | Abu Dhabi Investment Council Co. PJSC (Investment Management) | 2,444,627 | -10,377,954 | 176,355,391.78 | 13.2146 | 2.568 | 03/31/2026 |
| 5 | T. Rowe Price Hong Kong Ltd. | 1,974,794 | 452,817 | 142,461,639.16 | 0.505 | 2.0745 | 03/31/2026 |
| 6 | Ninety One UK Ltd. | 1,934,577 | 746,885 | 139,560,384.78 | 0.2203 | 2.0322 | 03/31/2026 |
| 7 | Baillie Gifford & Co. | 1,567,692 | 1,567,692 | 113,093,300.88 | 0.0692 | 1.6468 | 03/31/2026 |
| 8 | T. Rowe Price Associates, Inc. (IM) | 1,403,833 | 77,195 | 101,272,512.62 | 0.0115 | 1.4747 | 03/31/2026 |
| 9 | Lazard Asset Management LLC | 1,359,618 | 1,359,618 | 98,082,842.52 | 0.0782 | 1.4282 | 03/31/2026 |
| 10 | Driehaus Capital Management LLC | 1,251,586 | 1,192,400 | 90,289,414.04 | 0.4066 | 1.3147 | 03/31/2026 |
| 11 | Route One Investment Co. LP | 1,216,700 | 1,216,700 | 87,772,738 | 3.0632 | 1.2781 | 03/31/2026 |
| 12 | FIL Investments International | 1,056,201 | 1,056,201 | 76,194,340.14 | 0.0489 | 1.1095 | 03/31/2026 |
| 13 | JPMorgan Asset Management (UK) Ltd. | 1,034,475 | 428,356 | 74,627,026.5 | 0.0413 | 1.0867 | 03/31/2026 |
| 14 | TT International Asset Management Ltd. | 982,929 | 952,929 | 70,908,498.06 | 2.9994 | 1.0325 | 03/31/2026 |
| 15 | Grantham, Mayo, Van Otterloo & Co. LLC | 949,208 | -33,700 | 68,475,865.12 | 0.1193 | 0.9971 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | American Funds New World Fund | 4,551,361 | 995,244 | 328,335,182.54 | 0.4059 | 4.781 | 03/31/2026 |
| 2 | JPMorgan Emerging Markets Equity Fund | 2,146,883 | 265,565 | 154,876,139.62 | 1.3345 | 2.2552 | 04/30/2026 |
| 3 | American Funds Small Cap World Fund | 1,924,865 | 422,993 | 138,859,761.1 | 0.156 | 2.022 | 03/31/2026 |
| 4 | JPMorgan Funds - Emerging Markets Equity Fund | 1,011,620 | 134,283 | 72,978,266.8 | 1.342 | 1.0627 | 04/30/2026 |
| 5 | Global X MSCI Argentina ETF | 877,332 | 66,764 | 63,290,730.48 | 6.9906 | 0.9216 | 05/29/2026 |
| 6 | JPMorgan Fund ICVC - Emerging Markets Fund | 792,633 | 101,500 | 57,180,544.62 | 1.3662 | 0.8326 | 04/30/2026 |
| 7 | T. Rowe Price Emerging Markets Stock Fund | 752,440 | 142,378 | 54,281,021.6 | 0.7527 | 0.7904 | 03/31/2026 |
| 8 | Vontobel Fund - mtx Emerging Markets Leaders | 694,872 | 14,141 | 50,128,066.08 | 1.21 | 0.7299 | 01/31/2026 |
| 9 | GMO Resources Fund | 689,108 | -18,700 | 49,712,251.12 | 3.8031 | 0.7239 | 03/31/2026 |
| 10 | Redwheel Funds SICAV - Next Generation Emerging Markets Eq Fd | 669,343 | -40,259 | 48,286,404.02 | 1.9734 | 0.7031 | 04/30/2026 |
| 11 | Lazard Emerging Markets Equity Portfolio | 640,831 | 640,831 | 46,229,548.34 | 0.5033 | 0.6732 | 04/30/2026 |
| 12 | T. Rowe Price International Discovery Fund | 564,423 | 117,823 | 40,717,475.22 | 0.6086 | 0.5929 | 03/31/2026 |
| 13 | Baron Emerging Markets Fund | 495,093 | 495,093 | 35,716,009.02 | 0.8916 | 0.5201 | 04/30/2026 |
| 14 | Strategic Advisers Fidelity Emerging Markets Fund | 482,110 | 482,110 | 34,779,415.4 | 0.0843 | 0.5064 | 04/30/2026 |
| 15 | Fidelity Funds SICAV - Emerging Markets Fund | 454,986 | 454,986 | 32,822,690.04 | 0.8123 | 0.4779 | 04/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (Global Investors) | 4,706,897 | 2,064,648 | 339,555,549.58 | 0.0413 | 4.9444 | 03/31/2026 |
| 2 | Baillie Gifford & Co. | 1,567,692 | 1,567,692 | 113,093,300.88 | 0.0692 | 1.6468 | 03/31/2026 |
| 3 | Lazard Asset Management LLC | 1,359,618 | 1,359,618 | 98,082,842.52 | 0.0782 | 1.4282 | 03/31/2026 |
| 4 | Route One Investment Co. LP | 1,216,700 | 1,216,700 | 87,772,738 | 3.0632 | 1.2781 | 03/31/2026 |
| 5 | Driehaus Capital Management LLC | 1,251,586 | 1,192,400 | 90,289,414.04 | 0.4066 | 1.3147 | 03/31/2026 |
| 6 | JPMorgan Investment Management, Inc. | 3,504,833 | 1,133,396 | 252,838,652.62 | 0.0045 | 3.6817 | 03/31/2026 |
| 7 | FIL Investments International | 1,056,201 | 1,056,201 | 76,194,340.14 | 0.0489 | 1.1095 | 03/31/2026 |
| 8 | TT International Asset Management Ltd. | 982,929 | 952,929 | 70,908,498.06 | 2.9994 | 1.0325 | 03/31/2026 |
| 9 | FIL Investment Advisors (UK) Ltd. | 801,127 | 801,127 | 57,793,301.78 | 0.2123 | 0.8416 | 03/31/2026 |
| 10 | Ninety One UK Ltd. | 1,934,577 | 746,885 | 139,560,384.78 | 0.2203 | 2.0322 | 03/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Al Mehwar Commercial Investments LLC | 0 | -12,822,581 | 0 | 0 | 0 | |
| 2 | Abu Dhabi Investment Council Co. PJSC (Investment Management) | 2,444,627 | -10,377,954 | 176,355,391.78 | 13.2146 | 2.568 | 03/31/2026 |
| 3 | Oaktree Capital Management LP | 0 | -1,841,319 | 0 | 0 | 0 | |
| 4 | Discovery Capital Management LLC | 0 | -1,184,578 | 0 | 0 | 0 | |
| 5 | Carrhae Capital LLP | 79,692 | -608,713 | 5,748,980.88 | 0.4079 | 0.0837 | 03/31/2026 |
| 6 | Capital Research & Management Co. (World Investors) | 2,500,977 | -478,235 | 180,420,480.78 | 0.0162 | 2.6272 | 03/31/2026 |
| 7 | Encompass Capital Advisors LLC | 543,551 | -422,308 | 39,211,769.14 | 1.3115 | 0.571 | 03/31/2026 |
| 8 | Polen Capital Management LLC | 3,214 | -207,762 | 231,857.96 | 0.0015 | 0.0034 | 03/31/2026 |
| 9 | Lighthouse Investment Partners LLC | 50,000 | -200,000 | 3,607,000 | 0.1234 | 0.0525 | 03/31/2026 |
| 10 | Goldman Sachs & Co. LLC (Private Banking) | 824,979 | -192,405 | 59,513,985.06 | 0.0184 | 0.8666 | 03/31/2026 |
Data provided by FactSet Research Systems Inc.