The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102   41,133,940 458,788 SH   SOLE   322,634 0 136,154
CREDICORP LTD COM G2519Y108   99,959,810 655,378 SH   SOLE   459,972 0 195,406
HDFC BANK LTD SPONSORED ADS 40415F101   12,367,909 175,307 SH   SOLE   59,681 0 115,626
ICICI BANK LIMITED ADR 45104G104   15,231,016 639,153 SH   SOLE   204,487 0 434,666
INFOSYS LTD SPONSORED ADR 456788108   69,990,365 4,156,694 SH   SOLE   2,928,684 0 1,228,010
JD.COM INC SPON ADR CL A 47215P106   47,350,493 1,300,030 SH   SOLE   914,708 0 385,322
LIBERTY LATIN AMERICA LTD COM CL A G9001E102   12,299,634 1,465,356 SH   SOLE   1,056,363 0 408,993
LIBERTY LATIN AMERICA LTD COM CL C G9001E128   39,565,551 4,775,866 SH   SOLE   3,366,552 0 1,409,314
MERCADOLIBRE INC COM 58733R102   113,785,321 96,328 SH   SOLE   68,071 0 28,257
NETEASE INC SPONSORED ADS 64110W102   101,932,161 992,783 SH   SOLE   698,290 0 294,493
NU HLDGS LTD ORD SHS CL A G6683N103   147,685,006 18,747,746 SH   SOLE   13,154,716 0 5,593,030
PDD HOLDINGS INC SPONSORED ADS 722304102   183,782,410 2,437,587 SH   SOLE   1,714,936 0 722,651
YANDEX N V SHS CLASS A N97284108   0 2,768,205 SH   SOLE   2,768,205 0 0
ZAI LAB LTD ADR 98887Q104   37,420,559 1,352,222 SH   SOLE   949,606 0 402,616