VIPS Vipshop Holdings Limited American Depositary Shares, each representing two ordinary shares
About Vipshop Holdings Limited American Depositary Shares, each representing two ordinary shares Company overview from Wikipedia
Vipshop is a Chinese company that operates the e-commerce website VIP.com specializing in online discount sales. Vipshop is based out of Guangzhou, Guangdong, China, and was listed on New York Stock Exchange (NYSE) on March 23, 2012.
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Vipshop (Chinese: 唯品会; pinyin: Wei Pin Hui) is a Chinese company that operates the e-commerce website VIP.com (formerly Vipshop.com) specializing in online discount sales. Vipshop is based out of Guangzhou, Guangdong, China, and was listed on New York Stock Exchange (NYSE) on March 23, 2012.
As of 2017, Vipshop had 52.1 million customers, and there were 269.8 million orders for the year 2016. Following Tmall and JD.com, it became the third largest e-commerce site in China.
According to the US Fortune magazine, VIP.com ranked the 115th in its 2017 China 500 listing as well as the top 3 B2C e-commerce retailer. The 2017 Top 250 Global Powers of Retailing co-authored by Deloitte and STORES Media listed VIP.com as the world's fastest growing retailer. And in BrandZ™ Top 100 Most Valuable Chinese Brands 2017, VIP.com ranked 40th.
History
8 December 2008: Vipshop.com went online
2010 and 2011: Completed 2 rounds of VC financing at 70 million US dollars
March 2012: Listed on New York Stock Exchange (VIPS)
November 2013: Transferred to new domain name VIP.com
September 2014: Launched VIP International
2015: Began to run its own logistics & distribution system
2016: Launched INTERNET financing business "Wei pin Hua" (Chinese: 唯品花; pinyin: Wei Pin Hua)
2017: Announced to spin off financing service and reconstruct its logistics business
Sales model
According to I Research, VIP.com's on-line discount sales model is one of the three mainstream e-commerce models in China (the other two are market place model of Tmall and general B2C model of JD). And VIP.com is ranked No.1 in China's on-line discount market with 38.1% market share.
According to the 2015 Q3-2016 Q4 "China B2C online shopping market share monitoring report" released by Analysys, VIP.com has ranked No.3 in terms of B2C market share consecutively for the last 6 quarters. VIP.com has become the world's largest flash sale platform as well as the third-largest online retailer in China.
Metrics
According to VIP.com, over 20,000 brands have cooperated with VIP.com, serving more than 300 million users across China; of the total, more than 2,200 brands have developed exclusive online cooperation with VIP.com. Following Tmall and JingDong, VIP.com is now the third largest e-commerce site in China.
In 2016, VIP.com reported annual net revenue of US$2.73 billion and a total of 269.8 million orders.
As of March 31, 2017, VIP.com had been profitable for 18 consecutive quarters.
The revenue of VIP.com in first quarter of 2020 only reached CN¥18.8 billion. The yoy rate of first-quarter revenue is -11.85% compare to 2019.
In August 2020, VIP.com released financial report for second quarter with net revenue of CN¥ 24.1 billion and net profit of CN¥1.536 billion.
Financial services
Internet Finance Division was founded at the end of 2015. With one year's development, "VIP Expense", a consumer finance product, had attracted 5 million new users. Currently, 15% of orders at Vip.com are paid through the "VIP Expense".
During the "12.8" Anniversary celebration sales period in 2016, the average transaction value per customer paid through "VIP Expense" was 45% higher than that of the overall transaction and the user activity rate improved by 27%.
In 2016, the average monthly new user growth of "VIP Expense" stood above 30%.
== References ==
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
VIPS Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
VIPS Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount |
|---|---|
| April 10, 2026 | $0.6200 |
| April 11, 2025 | $0.4800 |
| March 14, 2024 | $0.4300 |
VIPS Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 4 14.8%
- Buy 13 48.1%
- Hold 10 37.0%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
20 analysts · 2026-08-15Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| March 31, 2026 | $4.68 | $4.70 | -0.02% |
| Dec. 31, 2025 | $5.66 | $5.53 | 0.13% |
| Sept. 30, 2025 | $2.98 | $2.98 | -0.00% |
| June 30, 2025 | $4.06 | $4.05 | 0.01% |
| March 31, 2025 | $4.43 | $4.42 | 0.01% |
Latest News Recent headlines mentioning this company
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Institutional owners (13F) 315 filers · $1.7B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 48 (+18 vs prior Q) | 28 (-31 vs prior Q) | 89 (-14 vs prior Q) | 106 (+13 vs prior Q) | +7.7M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| Robeco Institutional Asset Management B.V. | $181,325,343 | 13,674,611 | 10.72% | Shares |
| Krane Funds Advisors LLC | $136,807,730 | 10,317,325 | 8.09% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $96,711,850 | 7,293,503 | 5.72% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $90,241,620 | 6,805,552 | 5.34% | Shares |
| STATE STREET CORP | $89,219,724 | 6,728,486 | 5.28% | Shares |
| Carmignac Gestion | $65,166,153 | 4,920,324 | 3.85% | Shares |
| Ranmore Fund Management Ltd | $51,051,000 | 3,850,000 | 3.02% | Shares |
| Orbis Allan Gray Ltd | $47,665,855 | 3,594,710 | 2.82% | Shares |
| HHLR ADVISORS, LTD. | $46,017,504 | 3,470,400 | 2.72% | Shares |
| AMERICAN CENTURY COMPANIES INC | $42,252,181 | 3,186,439 | 2.50% | Shares |
| Allianz Asset Management GmbH | $40,075,738 | 3,022,303 | 2.37% | Shares |
| JUPITER ASSET MANAGEMENT LTD | $39,034,788 | 2,943,800 | 2.31% | Shares |
| Marathon Asset Management Ltd | $36,576,857 | 2,758,415 | 2.16% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $35,243,555 | 2,672,609 | 2.08% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $30,625,429 | 2,309,610 | 1.81% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $30,477,752 | 2,298,473 | 1.80% | Shares |
| TWO SIGMA INVESTMENTS, LP | $26,255,516 | 1,980,054 | 1.55% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $23,935,255 | 1,805,072 | 1.42% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $22,082,156 | 1,665,321 | 1.31% | Shares |
| Qube Research & Technologies Ltd | $21,763,041 | 1,641,255 | 1.29% | Shares |
| NORGES BANK | $20,881,477 | 1,574,772 | 1.23% | Shares |
| E Fund Management Co., Ltd. | $20,717,915 | 1,562,437 | 1.22% | Shares |
| FMR LLC | $19,044,900 | 1,436,267 | 1.13% | Shares |
| CITADEL ADVISORS LLC | $17,372,218 | 1,310,122 | 1.03% | Shares |
| LAZARD ASSET MANAGEMENT LLC | $17,263,274 | 1,301,906 | 1.02% | Shares |
| NEW YORK STATE COMMON RETIREMENT FUND | $17,198,379 | 1,297,012 | 1.02% | Shares |
| VANGUARD GROUP INC | $16,346,551 | 924,056 | 0.97% | Shares |
| GOLDMAN SACHS GROUP INC | $15,184,570 | 1,145,141 | 0.90% | Shares |
| Grantham, Mayo, Van Otterloo & Co. LLC | $14,624,083 | 1,102,872 | 0.86% | Shares |
| STOREBRAND ASSET MANAGEMENT AS | $12,764,010 | 962,595 | 0.75% | Shares |
| Polymer Capital Management (HK) LTD | $11,977,758 | 903,300 | 0.71% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $11,940,908 | 900,521 | 0.71% | Shares |
| AXA Investment Managers S.A. | $11,626,762 | 591,994 | 0.69% | Shares |
| PRUDENTIAL PLC | $10,259,474 | 773,716 | 0.61% | Shares |
| PRUDENTIAL FINANCIAL INC | $10,092,186 | 761,100 | 0.60% | Shares |
| NORTHERN TRUST CORP | $9,827,755 | 741,158 | 0.58% | Shares |
| RBF Capital, LLC | $9,282,000 | 700,000 | 0.55% | Shares |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $8,808,618 | 664,300 | 0.52% | Shares |
| Sumitomo Mitsui Trust Group, Inc. | $8,700,655 | 656,158 | 0.51% | Shares |
| Zurcher Kantonalbank (Zurich Cantonalbank) | $8,364,753 | 630,826 | 0.49% | Shares |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | $7,946,638 | 599,294 | 0.47% | Shares |
| AVIVA PLC | $7,580,013 | 571,645 | 0.45% | Shares |
| Caisse de depot et placement du Quebec | $7,397,197 | 557,858 | 0.44% | Shares |
| BANK OF AMERICA CORP /DE/ | $7,207,407 | 543,545 | 0.43% | Shares |
| California Public Employees Retirement System | $7,174,124 | 541,035 | 0.42% | Shares |
| Swiss National Bank | $7,077,339 | 533,736 | 0.42% | Shares |
| TODD ASSET MANAGEMENT LLC | $6,612,341 | 498,663 | 0.39% | Shares |
| Vinva Investment Management Ltd | $6,428,996 | 495,682 | 0.38% | Shares |
| BRIGHT VALLEY CAPITAL Ltd | $6,364,800 | 480,000 | 0.38% | Shares |
| HSBC HOLDINGS PLC | $6,215,201 | 468,718 | 0.37% | Shares |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | $5,092,980 | 384,086 | 0.30% | Shares |
| Trexquant Investment LP | $5,072,321 | 382,528 | 0.30% | Shares |
| Korea Investment CORP | $4,857,549 | 366,331 | 0.29% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $4,768,110 | 359,586 | 0.28% | Shares |
| ROYAL LONDON ASSET MANAGEMENT LTD | $4,515,640 | 340,546 | 0.27% | Shares |
| Pictet Asset Management Holding SA | $4,481,880 | 338,000 | 0.26% | Shares |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $4,465,000 | 336,754 | 0.26% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $3,940,289 | 297,156 | 0.23% | Shares |
| BARCLAYS PLC | $3,900,230 | 294,135 | 0.23% | Shares |
| Connor, Clark & Lunn Investment Management Ltd. | $3,834,885 | 289,207 | 0.23% | Shares |
| MILLENNIUM MANAGEMENT LLC | $3,535,554 | 266,633 | 0.21% | Shares |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | $3,443,330 | 259,678 | 0.20% | Shares |
| GF FUND MANAGEMENT CO. LTD. | $3,443,131 | 259,663 | 0.20% | Shares |
| Point72 Asset Management, L.P. | $3,367,457 | 253,956 | 0.20% | Shares |
| Step Capital Management Pte. Ltd. | $3,343,390 | 252,141 | 0.20% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $3,318,978 | 250,300 | 0.20% | Put option |
| XTX Topco Ltd | $3,192,783 | 240,783 | 0.19% | Shares |
| FIL Ltd | $3,126,284 | 235,768 | 0.18% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $2,755,428 | 207,800 | 0.16% | Call option |
| Squarepoint Ops LLC | $2,709,601 | 204,344 | 0.16% | Shares |
| KLP KAPITALFORVALTNING AS | $2,614,872 | 197,200 | 0.15% | Shares |
| Bank of New York Mellon Corp | $2,538,494 | 191,440 | 0.15% | Shares |
| Dodge & Cox | $2,529,968 | 190,797 | 0.15% | Shares |
| Swedbank AB | $2,464,663 | 185,872 | 0.15% | Shares |
| United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund | $2,446,536 | 184,505 | 0.14% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $2,391,971 | 152,161 | 0.14% | Shares |
| Engineers Gate Manager LP | $2,289,578 | 172,668 | 0.14% | Shares |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | $2,239,375 | 168,882 | 0.13% | Shares |
| CAPITAL FUND MANAGEMENT S.A. | $2,157,335 | 162,695 | 0.13% | Shares |
| Aberdeen Group plc | $2,153,901 | 162,436 | 0.13% | Shares |
| Y-Intercept (Hong Kong) Ltd | $2,121,083 | 159,961 | 0.13% | Shares |
| Northwest & Ethical Investments L.P. | $2,044,957 | 154,220 | 0.12% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $2,042,451 | 154,031 | 0.12% | Shares |
| National Philanthropic Trust | $1,988,669 | 149,975 | 0.12% | Shares |
| RITHOLTZ WEALTH MANAGEMENT | $1,972,739 | 148,774 | 0.12% | Shares |
| TWO SIGMA ADVISERS, LP | $1,967,128 | 111,200 | 0.12% | Shares |
| MARSHALL WACE, LLP | $1,954,471 | 147,396 | 0.12% | Shares |
| MACQUARIE GROUP LTD | $1,872,697 | 141,229 | 0.11% | Shares |
| Maven Securities LTD | $1,853,178 | 139,757 | 0.11% | Shares |
| QUADRANT CAPITAL GROUP LLC | $1,649,504 | 124,397 | 0.10% | Shares |
| CAAS CAPITAL MANAGEMENT LP | $1,545,044 | 98,536 | 0.09% | Shares |
| VAN ECK ASSOCIATES CORP | $1,497,346 | 112,922 | 0.09% | Shares |
| BANK OF MONTREAL /CAN/ | $1,494,256 | 112,689 | 0.09% | Shares |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | $1,453,296 | 109,600 | 0.09% | Shares |
| E Fund Management (Hong Kong) Co., Ltd. | $1,443,298 | 108,846 | 0.09% | Shares |
| Kiker Wealth Management, LLC | $1,414,415 | 106,668 | 0.08% | Shares |
| Quantinno Capital Management LP | $1,397,602 | 105,399 | 0.08% | Shares |
| CITIGROUP INC | $1,327,154 | 100,087 | 0.08% | Shares |
| Public Sector Pension Investment Board | $1,322,672 | 99,749 | 0.08% | Shares |
| Cubist Systematic Strategies, LLC | $1,304,139 | 66,402 | 0.08% | Shares |
Company insiders 4 insiders · 2 officers · 2 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Yuhua Wang | Chief Financial Officer | June 9, 2026 S | 51,367 | 0 | 1 | $-178,944 |
| Tianmin Li | Chief Technology Officer | July 7, 2026 S | 63,059 | 0 | 1 | $-169,839 |
| Chun Liu | Director | July 7, 2026 S | 6,119 | 0 | 1 | $-11,712 |
| Donghao Yang | Director | June 9, 2026 S | 73,182 | 0 | 1 | $-27,512 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 5 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Tencent Mobility Limited, Tencent Holdings Limited | May 22, 2025 | 14.80% | Amendment | — | SEC |
| OR ×4 filings | Dec. 16, 2019 | — | Initial filing | — | SEC |
| Sequoia Capital China II, L.P. IRS Identification No., Sequoia Capital China Partners Fund II, L.P. IRS Identification No., Sequoia Capital China Principals Fund II, L.P. IRS Identification No., Sequoia Capital China Management II, L.P. IRS Identification No., Sequoia Capital 2010 CV Holdco, Ltd. IRS Identification No., Sequoia Capital China Venture 2010 Fund, L.P. IRS Identification No., SC China Venture 2010 Management, L.P. IRS Identification No., SC China Holding Limited IRS Identification No. – N/A, SNP China Enterprises Limited IRS Identification No. – N/A, Sequoia Capital China UR Holdings Limited IRS Identification No. – N/A, Neil Nanpeng Shen ×10 filings | Aug. 3, 2016 | — | Initial filing | — | SEC |
| Advanced Sea International Limited, Jacky Xu ×2 filings | Feb. 11, 2015 | — | Initial filing | — | SEC |
| K. David Chao (“Chao”), Peter W. Moran (“Moran”), Thomas Blaisdell (“Blaisdell”), Jason Krikorian (“Krikorian”) ×6 filings | Dec. 18, 2014 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 56 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| PGJ · Invesco Exchange-Traded Fund Trust | 4.02% | 253,653 SH | Aug. 8, 2026 | Daily |
| EBIZ · Global X Funds | 3.13% | 63,634 NS | April 30, 2026 | N-PORT |
| CHIQ · Global X Funds | 1.45% | 149,816 NS | April 30, 2026 | N-PORT |
| TIIV · ETF Series Solutions | 1.29% | 25,204 NS | April 30, 2026 | N-PORT |
| TCHI · iShares Trust | 0.96% | 28,196 SH | Aug. 8, 2026 | Daily |
| EMQQ · EXCHANGE TRADED CONCEPTS TRUST | 0.48% | 89,000 NS | May 31, 2026 | N-PORT |
| AVES · AMERICAN CENTURY ETF TRUST | 0.30% | 312,585 NS | May 31, 2026 | N-PORT |
| FNDE · SCHWAB STRATEGIC TRUST | 0.27% | 1,796,130 NS | May 31, 2026 | N-PORT |
| EVLU · iShares Trust | 0.26% | 2,479 SH | Aug. 8, 2026 | Daily |
| PXH · Invesco Exchange-Traded Fund Trust … | 0.24% | 303,117 SH | Aug. 8, 2026 | Daily |
| PNQI · Invesco Exchange-Traded Fund Trust | 0.18% | 61,210 SH | Aug. 8, 2026 | Daily |
| MCHI · iShares Trust | 0.17% | 673,375 SH | Aug. 8, 2026 | Daily |
| JIVE · J.P. Morgan Exchange-Traded Fund Tr… | 0.16% | 262,156 NS | April 30, 2026 | N-PORT |
| AVSE · AMERICAN CENTURY ETF TRUST | 0.16% | 23,307 NS | May 31, 2026 | N-PORT |
| BRIE · MFS Active Exchange Traded Funds Tr… | 0.16% | 35,115 NS | May 31, 2026 | N-PORT |
| AVEM · AMERICAN CENTURY ETF TRUST | 0.15% | 2,755,873 NS | May 31, 2026 | N-PORT |
| EMGF · iShares, Inc. | 0.14% | 170,432 SH | Aug. 8, 2026 | Daily |
| DFEV · Dimensional ETF Trust | 0.13% | 166,460 NS | April 30, 2026 | N-PORT |
| DFSE · Dimensional ETF Trust | 0.12% | 50,831 NS | April 30, 2026 | N-PORT |
| EQLT · iShares Trust | 0.12% | 970 SH | Aug. 8, 2026 | Daily |
| DFEM · Dimensional ETF Trust | 0.12% | 685,275 NS | April 30, 2026 | N-PORT |
| APIE · Trust for Professional Managers | 0.11% | 79,443 NS | May 31, 2026 | N-PORT |
| ESGE · iShares, Inc. | 0.10% | 429,862 SH | Aug. 8, 2026 | Daily |
| LDEM · iShares Trust | 0.09% | 2,013 SH | Aug. 8, 2026 | Daily |
| BKF · iShares, Inc. | 0.09% | 4,580 SH | Aug. 8, 2026 | Daily |
| DEHP · Dimensional ETF Trust | 0.08% | 22,136 NS | April 30, 2026 | N-PORT |
| EMXF · iShares Trust | 0.08% | 8,137 SH | Aug. 8, 2026 | Daily |
| EEMA · iShares, Inc. | 0.06% | 32,118 SH | Aug. 8, 2026 | Daily |
| GLOF · iShares Trust | 0.05% | 7,558 SH | Aug. 8, 2026 | Daily |
| DFAE · Dimensional ETF Trust | 0.05% | 299,608 NS | April 30, 2026 | N-PORT |
| AAXJ · iShares Trust | 0.04% | 100,250 SH | Aug. 8, 2026 | Daily |
| GEM · Goldman Sachs ETF Trust | 0.04% | 45,287 NS | May 31, 2026 | N-PORT |
| SPWO · SP Funds Trust | 0.04% | 4,064 NS | April 30, 2026 | N-PORT |
| EMCR · DBX ETF Trust | 0.04% | 1,494 NS | May 29, 2026 | N-PORT |
| BBEM · J.P. Morgan Exchange-Traded Fund Tr… | 0.04% | 21,057 NS | April 30, 2026 | N-PORT |
| EEM · iShares, Inc. | 0.04% | 686,694 SH | Aug. 8, 2026 | Daily |
| DFAX · Dimensional ETF Trust | 0.04% | 283,366 NS | April 30, 2026 | N-PORT |
| BKEM · BNY Mellon ETF Trust | 0.03% | 1,996 NS | April 30, 2026 | N-PORT |
| GSEE · Goldman Sachs ETF Trust | 0.03% | 3,304 NS | May 31, 2026 | N-PORT |
| TLTE · FlexShares Trust | 0.03% | 7,661 NS | April 30, 2026 | N-PORT |
| IEMG · iShares, Inc. | 0.03% | 3,166,989 SH | Aug. 8, 2026 | Daily |
| SCHE · SCHWAB STRATEGIC TRUST | 0.03% | 268,591 NS | May 31, 2026 | N-PORT |
| DBEM · DBX ETF Trust | 0.03% | 2,036 NS | May 29, 2026 | N-PORT |
| JEMA · J.P. Morgan Exchange-Traded Fund Tr… | 0.02% | 25,053 NS | April 30, 2026 | N-PORT |
| VWO · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.02% | 2,912,507 SH | Aug. 8, 2026 | Daily |
| GXUS · Goldman Sachs ETF Trust II | 0.01% | 6,478 NS | May 29, 2026 | N-PORT |
| AQLT · iShares Trust | 0.01% | 2,625 SH | Aug. 8, 2026 | Daily |
| DBAW · DBX ETF Trust | 0.01% | 2,439 NS | May 29, 2026 | N-PORT |
| ACWX · iShares Trust | 0.01% | 98,990 SH | Aug. 8, 2026 | Daily |
| IXUS · iShares Trust | 0.01% | 443,263 SH | Aug. 8, 2026 | Daily |