# Portfolio overlap — GLLAX vs MACEX

Comparing **abrdn Emerging Markets Ex-China Fund** (2026-01-31) and **ClearBridge Emerging Markets Fund** (2026-03-31).

- Shared positions: 16
- abrdn Emerging Markets Ex-China Fund covered by ClearBridge Emerging Markets Fund: 0.3587988931339424319456697399
- ClearBridge Emerging Markets Fund covered by abrdn Emerging Markets Ex-China Fund: 0.3587988931339424319456697400

## abrdn Emerging Markets Ex-China Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| TSMC | 0.162622 | ✓ |
| SAMSUNG ELE-PREF | 0.082749 |  |
| SK HYNIX INC | 0.052187 | ✓ |
| HDFC BANK LTD | 0.031723 |  |
| GRUPO MEXICO-B | 0.031487 |  |
| DELTA ELEC | 0.027144 | ✓ |
| CHROMA ATE | 0.025248 |  |
| NAC KAZATOMPROM JSC GDR RGS | 0.023936 |  |
| AL RAJHI BANK | 0.020914 | ✓ |
| NU HOLDINGS LTD/CAYMAN ISLANDS | 0.019727 | ✓ |
| SAMSUNG C&T CORP | 0.018433 |  |
| SHINHAN FINANCIA | 0.017620 | ✓ |
| ABU DHABI ISLAMI | 0.016818 |  |
| BANK NEGARA INDO | 0.016786 |  |
| ITAUSA SA - PREFERRED SHARES | 0.016239 |  |
| HYUNDAI ELECTRIC | 0.014776 | ✓ |
| KOREA SHIPBUILDI | 0.014714 |  |
| MULTIPLAN | 0.014399 |  |
| NATL BANK GREECE | 0.014254 |  |
| BHARTI AIRTEL LIMITED | 0.014103 |  |
| SBI LIFE INSURAN | 0.014079 |  |
| ASE TECHNOLOGY H | 0.013648 |  |
| TELKOM INDONESIA | 0.013122 |  |
| CHOLAMANDALAM IN | 0.012958 |  |
| Grupo Aeroportuario del Centro Norte S.A.B. de C.V. SPON ADR EA REP 8 SER 'B' | 0.012588 |  |
| MAHINDRA & MAHIN | 0.012433 | ✓ |
| ACCTON TECH | 0.012346 |  |
| TATA CONSULTANCY VSS LTD | 0.012043 | ✓ |
| MEDIATEK | 0.011752 | ✓ |
| ITC LTD (DEMAT) | 0.011716 |  |
| NASPERS NPV | 0.010887 |  |
| RAIADROGASIL | 0.010474 | ✓ |
| RIO TINTO PLC | 0.010334 |  |
| INDIAN HOTELS CO | 0.010261 |  |
| LOCALIZA RENT A CAR SA | 0.010083 | ✓ |
| GRUPO F BANORT-O | 0.009758 | ✓ |
| SAMSUNG ENGINEER | 0.009578 |  |
| LARSEN and TOUBRO LTD | 0.009404 |  |
| ALDAR PROPERTIES | 0.009275 |  |
| ULTRATECH CEMENT | 0.009030 | ✓ |
| SANLAM LTD COMMON STOCK | 0.008855 |  |
| INPOST SA | 0.008560 |  |
| Kaspi.Kz JSC SPONSORED ADS | 0.008278 |  |
| MERCADOLIBRE INC | 0.008213 | ✓ |
| NTPC LTD | 0.008127 |  |
| TORRENT PHARMA | 0.008011 |  |
| EMIRATES CENTRAL | 0.007731 |  |
| MAKALOT | 0.007163 |  |
| SAUDI ARABIAN OI | 0.006517 |  |
| ELECTRICAL INDUS | 0.006156 |  |

## ClearBridge Emerging Markets Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| TSMC | 0.147105 | ✓ |
| SAMSUNG ELECTRONICS CO LTD | 0.085885 |  |
| TENCENT HOLDINGS LTD | 0.063905 |  |
| SK HYNIX INC | 0.054900 | ✓ |
| DELTA ELEC | 0.030183 | ✓ |
| SHINHAN FINANCIA | 0.026546 | ✓ |
| HDFC BANK LTD SPON ADR | 0.023155 |  |
| TAIWAN SEMIC MFG CO LTD SP ADR | 0.022507 |  |
| Receive CONTEMPORARY A-A Pay Overnight Rate -1 | 0.021324 |  |
| CAPITEC BANK HOLDINGS LTD COMMON STOCK | 0.021303 |  |
| ICICI Bank Ltd | 0.021245 |  |
| SIEYUAN ELECTR-A | 0.020863 |  |
| CHINA MERCHANTS BANK-H COMMON STOCK | 0.019643 |  |
| ALIBABA GROUP HOLDING LTD SPON ADR | 0.019158 |  |
| TITAN CO LTD | 0.018672 |  |
| RELIANCE INDUSTRIES LTD(DEMAT)DEMATERIALIZED SHS | 0.017906 |  |
| APOLLO HOSPITALS | 0.016872 |  |
| GOLD FIELDS LTD | 0.016295 |  |
| ANTOFAGASTA PLC | 0.015484 |  |
| AL RAJHI BANK | 0.014951 | ✓ |
| AIA Group Ltd | 0.014598 |  |
| BABA-W | 0.014330 |  |
| PING AN-H | 0.013574 |  |
| GRUPO F BANORT-O | 0.012956 | ✓ |
| WEG SA | 0.012480 |  |
| MAHINDRA & MAHIN | 0.012312 | ✓ |
| QUANTA COMPUTER | 0.012090 |  |
| NU HOLDINGS LTD/CAYMAN ISLANDS | 0.011887 | ✓ |
| HYUNDAI ELECTRIC | 0.011778 | ✓ |
| MEDIATEK | 0.011772 | ✓ |
| LOCALIZA RENT A CAR SA | 0.011457 | ✓ |
| PKOBP | 0.011227 |  |
| RAIADROGASIL | 0.011044 | ✓ |
| BYD COMPANY LTD H | 0.010666 |  |
| DR SULAIMAN AL H | 0.010030 |  |
| SHENZHEN INOVA-A | 0.009999 |  |
| KOTAK MAHINDRA BANK LTD | 0.009873 |  |
| ULTRATECH CEMENT | 0.009809 | ✓ |
| TRIP.COM GROUP LTD ADR | 0.009568 |  |
| SAMSUNG HEAVY IN | 0.009280 |  |
| WALMART DE MEXIC | 0.007686 |  |
| BANK CENTRAL ASI | 0.007420 |  |
| ETIHAD ETISALAT | 0.007359 |  |
| Western Asset Institutional U.S. Treasury Reserves | 0.006989 |  |
| EASTROC BEVERA-A | 0.006867 |  |
| MERCADOLIBRE INC | 0.006399 | ✓ |
| MINTH GROUP LTD | 0.006188 |  |
| CLICKS GROUP LTD COMMON STOCK | 0.006121 |  |
| TATA CONSULTANCY VSS LTD | 0.005945 | ✓ |
| DINO POLSKA SA | 0.004996 |  |


## Sources

- N-PORT (fund A) — accession `0001410368-26-029996` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/1413594/000141036826029996/0001410368-26-029996-index.htm>
- N-PORT (fund B) — accession `0000940400-26-020731` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1474103/000094040026020731/0000940400-26-020731-index.htm>

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