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
Estimated average burden
hours per response: 23.8
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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ADECOAGRO S A COM L00849106 18,707 2,029,018 SH   SOLE   409,018 0 1,620,000
ADOBE SYS INC COM 00724F101 155,132 1,914,965 SH   SOLE   1,326,545 0 588,420
AGCO CORP COM 001084102 9,997 176,076 SH   SOLE   51,753 0 124,323
AGRIUM INC COM 008916108 137,759 1,300,215 SH   SOLE   295,951 0 1,004,264
ALNYLAM PHARMACEUTICALS INC COM 02043Q107 27,885 232,620 SH   SOLE   151,373 0 81,247
AMAZON COM INC COM 023135106 100,407 231,300 SH   SOLE   161,290 0 70,010
AMBEV SA SPONSORED ADR 02319V103 241,410 39,575,309 SH   SOLE   24,834,755 0 14,740,554
AMERICAN EXPRESS CO COM 025816109 127,758 1,643,771 SH   SOLE   1,139,500 0 504,271
ANDERSONS INC COM 034164103 41,381 1,061,051 SH   SOLE   243,894 0 817,157
ARCHER DANIELS MIDLAND CO COM 039483102 7,391 153,293 SH   SOLE   29,132 0 124,161
ARTISAN PARTNERS ASSET MGMT CL A 04316A108 81,831 1,761,396 SH   SOLE   1,211,769 0 549,627
AXIALL CORP COM 05463D100 78,257 2,170,751 SH   SOLE   1,514,382 0 656,369
BANK AMER CORP COM 060505104 146,435 8,603,635 SH   SOLE   5,836,170 0 2,767,465
BARRICK GOLD CORP COM 067901108 108,430 10,171,708 SH   SOLE   7,257,267 0 2,914,441
BUNGE LIMITED COM G16962105 45,781 521,438 SH   SOLE   115,954 0 405,484
CABELAS INC COM 126804301 47,691 954,233 SH   SOLE   666,711 0 287,522
CALPINE CORP COM NEW 131347304 56,891 3,162,314 SH   SOLE   2,207,651 0 954,663
CELGENE CORP COM 151020104 69,138 597,387 SH   SOLE   389,655 0 207,732
CEMEX SAB DE CV SPON ADR NEW 151290889 143 15,598 SH   SOLE   0 0 15,598
CF INDS HLDGS INC COM 125269100 125,385 1,950,613 SH   SOLE   467,368 0 1,483,245
CITIGROUP INC COM NEW 172967424 158,111 2,862,185 SH   SOLE   1,904,579 0 957,606
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 26,795 5,172,792 SH   SOLE   3,720,939 0 1,451,853
CONAGRA FOODS INC COM 205887102 23,264 532,115 SH   SOLE   130,875 0 401,240
CREDICORP LTD COM G2519Y108 92,337 664,659 SH   SOLE   458,992 0 205,667
CRESUD S A C I F Y A SPONSORED ADR 226406106 3,370 258,846 SH   SOLE   26,178 0 232,668
CSX CORP COM 126408103 125,846 3,854,330 SH   SOLE   2,623,740 0 1,230,590
DARLING INGREDIENTS INC COM 237266101 25,796 1,759,556 SH   SOLE   406,046 0 1,353,510
DOW CHEM CO COM 260543103 310,887 6,075,615 SH   SOLE   3,877,287 0 2,198,328
EBAY INC COM 278642103 48,336 802,444 SH   SOLE   559,794 0 242,650
EXXON MOBIL CORP COM 30231G102 147,540 1,773,285 SH   SOLE   1,236,499 0 536,786
F M C CORP COM NEW 302491303 8,143 155,020 SH   SOLE   51,588 0 103,432
FIBRIA CELULOSE S A SP ADR REP COM 31573A109 146 10,722 SH   SOLE   0 0 10,722
FREEPORT-MCMORAN INC CL B 35671D857 183,967 9,880,295 SH   SOLE   7,041,093 0 2,839,202
FRESH MKT INC COM 35804H106 22,701 706,290 SH   SOLE   162,042 0 544,248
GENERAL MTRS CO COM 37045V100 142,964 4,289,257 SH   SOLE   3,026,929 0 1,262,328
GREEN PLAINS INC COM 393222104 7,246 263,010 SH   SOLE   59,662 0 203,348
GRUBHUB INC COM 400110102 53,451 1,568,751 SH   SOLE   1,090,722 0 478,029
HARLEY DAVIDSON INC COM 412822108 152,837 2,712,263 SH   SOLE   1,881,667 0 830,596
HERSHEY CO COM 427866108 63,210 711,590 SH   SOLE   413,319 0 298,271
HOMEAWAY INC COM 43739Q100 63,984 2,056,098 SH   SOLE   1,433,447 0 622,651
HOMEINNS HOTEL GROUP SPONSORED ADR 43742E102 41,408 1,339,201 SH   SOLE   972,741 0 366,460
ICICI BK LTD ADR 45104G104 173,158 16,617,789 SH   SOLE   11,990,645 0 4,627,144
INGREDION INC COM 457187102 8,172 102,386 SH   SOLE   27,307 0 75,079
INTREPID POTASH INC COM 46121Y102 20,574 1,723,083 SH   SOLE   391,690 0 1,331,393
INTREXON CORP COM 46122T102 39,067 800,531 SH   SOLE   559,981 0 240,550
ISIS PHARMACEUTICALS INC COM 464330109 46,189 802,556 SH   SOLE   545,617 0 256,939
ISRAEL CHEMICALS LTD SHS M5920A109 12,394 1,775,600 SH   SOLE   421,920 0 1,353,680
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 111,439 10,177,004 SH   SOLE   7,369,611 0 2,807,393
JD COM INC SPON ADR CL A 47215P106 85,503 2,507,389 SH   SOLE   1,816,950 0 690,439
KINDER MORGAN INC DEL COM 49456B101 145,642 3,793,756 SH   SOLE   2,631,633 0 1,162,123
LABORATORY CORP AMER HLDGS COM NEW 50540R409 99,182 818,207 SH   SOLE   531,617 0 286,590
LAUDER ESTEE COS INC CL A 518439104 147,228 1,698,916 SH   SOLE   1,148,587 0 550,329
LAZARD LTD SHS A G54050102 41,446 736,931 SH   SOLE   585,648 0 151,283
LENDINGCLUB CORP COM 52603A109 29,634 2,009,061 SH   SOLE   1,404,331 0 604,730
MEDIDATA SOLUTIONS INC COM 58471A105 63,703 1,172,750 SH   SOLE   784,844 0 387,906
MINDRAY MEDICAL INTL LTD SPON ADR 602675100 35,460 1,244,230 SH   SOLE   901,830 0 342,400
MONDELEZ INTL INC CL A 609207105 18,567 451,320 SH   SOLE   117,818 0 333,502
MONSANTO CO NEW COM 61166W101 8,992 84,352 SH   SOLE   19,291 0 65,061
MOSAIC CO NEW COM 61945C103 298,836 6,378,600 SH   SOLE   2,600,048 0 3,778,552
NAVISTAR INTL CORP NEW COM 63934E108 36,874 1,629,388 SH   SOLE   1,101,952 0 527,436
NEWMONT MINING CORP COM 651639106 140,474 6,013,446 SH   SOLE   4,058,158 0 1,955,288
NOODLES & CO CL A 65540B105 8,526 583,973 SH   SOLE   130,229 0 453,744
ORACLE CORP COM 68389X105 162,602 4,034,753 SH   SOLE   2,832,923 0 1,201,830
OVASCIENCE INC COM 69014Q101 15,891 549,236 SH   SOLE   382,834 0 166,402
PANERA BREAD CO CL A 69840W108 28,246 161,616 SH   SOLE   36,197 0 125,419
POSCO SPONSORED ADR 693483109 47,711 971,920 SH   SOLE   700,092 0 271,828
POST HLDGS INC COM 737446104 14,867 275,666 SH   SOLE   62,648 0 213,018
POTASH CORP SASK INC COM 73755L107 417,079 13,467,207 SH   SOLE   6,754,478 0 6,712,729
PRECISION CASTPARTS CORP COM 740189105 206,723 1,034,283 SH   SOLE   716,144 0 318,139
PROCTER & GAMBLE CO COM 742718109 165,195 2,111,355 SH   SOLE   1,469,403 0 641,952
SPIRIT AIRLS INC COM 848577102 30,471 490,671 SH   SOLE   341,369 0 149,302
STANLEY BLACK & DECKER INC COM 854502101 89,237 847,958 SH   SOLE   573,849 0 274,109
STARWOOD HOTELS&RESORTS WRLD COM 85590A401 161,616 1,993,017 SH   SOLE   1,366,340 0 626,677
SUNOPTA INC COM 8676EP108 19,118 1,781,674 SH   SOLE   407,413 0 1,374,261
T MOBILE US INC COM 872590104 127,943 3,300,015 SH   SOLE   2,303,894 0 996,121
TARGA RES CORP COM 87612G101 44,695 500,952 SH   SOLE   348,761 0 152,191
THERMO FISHER SCIENTIFIC INC COM 883556102 187,481 1,444,803 SH   SOLE   932,101 0 512,702
TIFFANY & CO NEW COM 886547108 99,174 1,080,355 SH   SOLE   754,137 0 326,218
TIM PARTICIPACOES S A SPONSORED ADR 88706P205 39,526 2,415,916 SH   SOLE   1,750,301 0 665,615
TREEHOUSE FOODS INC COM 89469A104 23,699 292,471 SH   SOLE   82,816 0 209,655
TUMI HLDGS INC COM 89969Q104 41,982 2,045,810 SH   SOLE   1,432,213 0 613,597
TYCO INTL PLC SHS G91442106 63,363 1,646,691 SH   SOLE   1,189,112 0 457,579
UBS GROUP AG SHS H42097107 133,027 6,274,785 SH   SOLE   4,461,452 0 1,813,333
UNITED NAT FOODS INC COM 911163103 12,685 199,213 SH   SOLE   43,219 0 155,994
V F CORP COM 918204108 87,975 1,261,472 SH   SOLE   882,150 0 379,322
VALE S A ADR REPSTG PFD 91912E204 48,806 9,664,942 SH   SOLE   7,002,273 0 2,662,669
VALERO ENERGY CORP NEW COM 91913Y100 94,290 1,506,225 SH   SOLE   1,072,080 0 434,145
WESTLAKE CHEM CORP COM 960413102 104,136 1,518,263 SH   SOLE   1,055,433 0 462,830
YUM BRANDS INC COM 988498101 145,815 1,618,697 SH   SOLE   1,077,887 0 540,810
ZOETIS INC CL A 98978V103 13,071 271,037 SH   SOLE   90,327 0 180,710