THOMAS WHITE INTERNATIONAL LTD

PrivateCIK: 1092351

Location

CHICAGO, IL

258

Positions

$480.34M

Total AUM (reported)

16.06M

Total Shares

Allocation by class

ADR$263.48M54.9%

COM$103.83M21.6%

ADS$46.34M9.6%

SHS$7.57M1.6%

SHS PAR$7.47M1.6%

NY REG SH$6.50M1.4%

CL B$5.37M1.1%

Portfolio Concentration

Top 3$42.92M8.9%

4–10$60.47M12.6%

11–25$88.94M18.5%

Rest$288.02M60.0%

Top 3 weight

8.9%

Top 10 weight

21.5%

Voting Authority Distribution

Total shares with voting rights: 16.06M

Sole

Full voting authority

13.95M

% of voting shares86.9%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

2.11M

% of voting shares13.1%

Investment Discretion (by position count)

Sole258

Shared0

Other0

Dominant voting typeSole · 86.9% of voting shares

Institutional Holdings258

Rows:

TAIWAN SEMICONDUCTOR MFG ADR

SOLE

ADR

Shares199.31K

TypeSH

Market value$20.11M

4.19%

Sole

165.84K

Shared

0.00

None

33.48K

SHELL PLC ADS

SOLE

ADS

Shares207.10K

TypeSH

Market value$12.50M

2.60%

Sole

176.33K

Shared

0.00

None

30.77K

TENCENT HLDGS LTD ADR

SOLE

ADR

Shares243.24K

TypeSH

Market value$10.30M

2.14%

Sole

202.73K

Shared

0.00

None

40.51K

HDFC BANK LTD ADR

SOLE

ADR

Shares143.39K

TypeSH

Market value$9.99M

2.08%

Sole

121.18K

Shared

0.00

None

22.20K

GLENCORE PLC ADR

SOLE

ADR

Shares875.57K

TypeSH

Market value$9.89M

2.06%

Sole

778.54K

Shared

0.00

None

97.03K

ICICI BANK LTD ADR

SOLE

ADR

Shares378.61K

TypeSH

Market value$8.74M

1.82%

Sole

320.87K

Shared

0.00

None

57.73K

KB FINANCIAL GROUP INC ADR

SOLE

ADR

Shares235.53K

TypeSH

Market value$8.57M

1.78%

Sole

202.62K

Shared

0.00

None

32.91K

ALIBABA GROUP HOLDING LTD ADR

SOLE

ADS

Shares96.15K

TypeSH

Market value$8.01M

1.67%

Sole

80.26K

Shared

0.00

None

15.89K

SK TELECOM LTD ADR NEW

SOLE

ADR

Shares398.96K

TypeSH

Market value$7.78M

1.62%

Sole

343.84K

Shared

0.00

None

55.12K

STAR BULK CARRIERS CORP SHS PA

SOLE

SHS PAR

Shares421.98K

TypeSH

Market value$7.47M

1.55%

Sole

362.28K

Shared

0.00

None

59.70K

BYD CO LTD ADR

SOLE

ADR

Shares107.40K

TypeSH

Market value$6.85M

1.43%

Sole

91.32K

Shared

0.00

None

16.08K

SUZANO SA ADR

SOLE

ADS

Shares709.62K

TypeSH

Market value$6.54M

1.36%

Sole

599.57K

Shared

0.00

None

110.06K

PDD HOLDINGS INC ADR CL A

SOLE

ADS

Shares93.70K

TypeSH

Market value$6.48M

1.35%

Sole

79.02K

Shared

0.00

None

14.67K

PRUDENTIAL PLC ADR

SOLE

ADR

Shares226.40K

TypeSH

Market value$6.41M

1.33%

Sole

195.74K

Shared

0.00

None

30.65K

SILICON MOTION TECHNOLOGY CORP

SOLE

ADR

Shares85.98K

TypeSH

Market value$6.18M

1.29%

Sole

69.81K

Shared

0.00

None

16.18K

JBS SA ADR

SOLE

ADR

Shares845.51K

TypeSH

Market value$6.15M

1.28%

Sole

730.12K

Shared

0.00

None

115.39K

TOTALENERGIES SE ADR

SOLE

ADS

Shares104.22K

TypeSH

Market value$6.01M

1.25%

Sole

86.95K

Shared

0.00

None

17.27K

Apple Inc

SOLE

COM

Shares30.64K

TypeSH

Market value$5.94M

1.24%

Sole

30.64K

Shared

0.00

None

0.00

DEUTSCHE TELEKOM AG ADR

SOLE

ADR

Shares269.92K

TypeSH

Market value$5.88M

1.22%

Sole

242.36K

Shared

0.00

None

27.57K

Microsoft Corporation

SOLE

COM

Shares17.27K

TypeSH

Market value$5.88M

1.22%

Sole

17.27K

Shared

0.00

None

0.00

INFOSYS LTD ADR

SOLE

ADR

Shares358.75K

TypeSH

Market value$5.77M

1.20%

Sole

301.30K

Shared

0.00

None

57.45K

PETROBRAS ADR

SOLE

ADR

Shares392.16K

TypeSH

Market value$5.42M

1.13%

Sole

323K

Shared

0.00

None

69.16K

GALAXY ENTERTAINMENT GROUP LTD

SOLE

ADR

Shares170K

TypeSH

Market value$5.39M

1.12%

Sole

142.89K

Shared

0.00

None

27.11K

EMBRAER SA ADR

SOLE

ADS

Shares331.08K

TypeSH

Market value$5.12M

1.07%

Sole

268.39K

Shared

0.00

None

62.70K

RENESAS ELECTRONICS CORP ADR

SOLE

ADR

Shares526.21K

TypeSH

Market value$4.92M

1.02%

Sole

472.63K

Shared

0.00

None

53.58K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
TAIWAN SEMICONDUCTOR MFG ADRSOLE	ADR	199.31K	SH	$20.11M 4.19%	165.84K	33.48K
SHELL PLC ADSSOLE	ADS	207.10K	SH	$12.50M 2.60%	176.33K	30.77K
TENCENT HLDGS LTD ADRSOLE	ADR	243.24K	SH	$10.30M 2.14%	202.73K	40.51K
HDFC BANK LTD ADRSOLE	ADR	143.39K	SH	$9.99M 2.08%	121.18K	22.20K
GLENCORE PLC ADRSOLE	ADR	875.57K	SH	$9.89M 2.06%	778.54K	97.03K
ICICI BANK LTD ADRSOLE	ADR	378.61K	SH	$8.74M 1.82%	320.87K	57.73K
KB FINANCIAL GROUP INC ADRSOLE	ADR	235.53K	SH	$8.57M 1.78%	202.62K	32.91K
ALIBABA GROUP HOLDING LTD ADRSOLE	ADS	96.15K	SH	$8.01M 1.67%	80.26K	15.89K
SK TELECOM LTD ADR NEWSOLE	ADR	398.96K	SH	$7.78M 1.62%	343.84K	55.12K
STAR BULK CARRIERS CORP SHS PASOLE	SHS PAR	421.98K	SH	$7.47M 1.55%	362.28K	59.70K
BYD CO LTD ADRSOLE	ADR	107.40K	SH	$6.85M 1.43%	91.32K	16.08K
SUZANO SA ADRSOLE	ADS	709.62K	SH	$6.54M 1.36%	599.57K	110.06K
PDD HOLDINGS INC ADR CL ASOLE	ADS	93.70K	SH	$6.48M 1.35%	79.02K	14.67K
PRUDENTIAL PLC ADRSOLE	ADR	226.40K	SH	$6.41M 1.33%	195.74K	30.65K
SILICON MOTION TECHNOLOGY CORPSOLE	ADR	85.98K	SH	$6.18M 1.29%	69.81K	16.18K
JBS SA ADRSOLE	ADR	845.51K	SH	$6.15M 1.28%	730.12K	115.39K
TOTALENERGIES SE ADRSOLE	ADS	104.22K	SH	$6.01M 1.25%	86.95K	17.27K
Apple IncSOLE	COM	30.64K	SH	$5.94M 1.24%	30.64K	0.00
DEUTSCHE TELEKOM AG ADRSOLE	ADR	269.92K	SH	$5.88M 1.22%	242.36K	27.57K
Microsoft CorporationSOLE	COM	17.27K	SH	$5.88M 1.22%	17.27K	0.00
INFOSYS LTD ADRSOLE	ADR	358.75K	SH	$5.77M 1.20%	301.30K	57.45K
PETROBRAS ADRSOLE	ADR	392.16K	SH	$5.42M 1.13%	323K	69.16K
GALAXY ENTERTAINMENT GROUP LTDSOLE	ADR	170K	SH	$5.39M 1.12%	142.89K	27.11K
EMBRAER SA ADRSOLE	ADS	331.08K	SH	$5.12M 1.07%	268.39K	62.70K
RENESAS ELECTRONICS CORP ADRSOLE	ADR	526.21K	SH	$4.92M 1.02%	472.63K	53.58K

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