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 26,301 2,988,825 SH   SOLE   533,473 0 2,455,352
ADOBE SYS INC COM 00724F101 69,211 1,000,314 SH   SOLE   708,042 0 292,272
AGCO CORP COM 001084102 71,991 1,583,557 SH   SOLE   1,040,723 0 542,834
AGRIUM INC COM 008916108 133,420 1,499,102 SH   SOLE   308,811 0 1,190,291
ALNYLAM PHARMACEUTICALS INC COM 02043Q107 31,987 409,603 SH   SOLE   288,681 0 120,922
AMAZON COM INC COM 023135106 268,773 833,556 SH   SOLE   595,658 0 237,898
AMBEV SA SPONSORED ADR 02319V103 239,957 36,635,013 SH   SOLE   23,662,912 0 12,972,101
ANDERSONS INC COM 034164103 4,413 70,165 SH   SOLE   14,004 0 56,161
ANNIES INC COM 03600T104 10,595 230,824 SH   SOLE   53,120 0 177,704
ARTISAN PARTNERS ASSET MGMT CL A 04316A108 80,269 1,542,137 SH   SOLE   1,109,017 0 433,120
AXIALL CORP COM 05463D100 74,375 2,077,006 SH   SOLE   1,497,964 0 579,042
BANK AMER CORP COM 060505104 151,843 8,905,703 SH   SOLE   6,314,997 0 2,590,706
BRASKEM S A SP ADR PFD A 105532105 43,032 3,267,573 SH   SOLE   2,432,759 0 834,814
BUNGE LIMITED COM G16962105 40,375 479,329 SH   SOLE   94,670 0 384,659
CALPINE CORP COM NEW 131347304 69,222 3,190,071 SH   SOLE   2,285,173 0 904,898
CELGENE CORP COM 151020104 60,821 641,710 SH   SOLE   436,763 0 204,947
CELLULAR DYNAMICS INTL INC COM 15117V109 388 55,149 SH   SOLE   0 0 55,149
CF INDS HLDGS INC COM 125269100 94,525 338,532 SH   SOLE   79,235 0 259,297
CITIGROUP INC COM NEW 172967424 263,841 5,091,479 SH   SOLE   3,568,788 0 1,522,691
CITRIX SYS INC COM 177376100 67,138 941,109 SH   SOLE   664,835 0 276,274
COBALT INTL ENERGY INC COM 19075F106 35,556 2,614,255 SH   SOLE   1,883,109 0 731,146
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 45,153 5,567,593 SH   SOLE   4,141,462 0 1,426,131
CONAGRA FOODS INC COM 205887102 107,021 3,239,036 SH   SOLE   1,580,024 0 1,659,012
CREDICORP LTD COM G2519Y108 91,525 596,708 SH   SOLE   387,956 0 208,752
CRESUD S A C I F Y A SPONSORED ADR 226406106 14,670 1,345,967 SH   SOLE   204,043 0 1,141,924
CSX CORP COM 126408103 179,445 5,597,196 SH   SOLE   3,820,415 0 1,776,781
CUBIST PHARMACEUTICALS INC COM 229678107 43,664 658,193 SH   SOLE   466,271 0 191,922
DARLING INGREDIENTS INC COM 237266101 29,584 1,614,872 SH   SOLE   349,483 0 1,265,389
DOW CHEM CO COM 260543103 171,601 3,272,335 SH   SOLE   2,107,493 0 1,164,842
FIBRIA CELULOSE S A SP ADR REP COM 31573A109 57,839 5,258,158 SH   SOLE   3,886,486 0 1,371,672
FREEPORT-MCMORAN INC CL B 35671D857 161,067 4,933,147 SH   SOLE   3,623,466 0 1,309,681
FRESH MKT INC COM 35804H106 81,247 2,325,866 SH   SOLE   1,220,636 0 1,105,230
GENERAL MTRS CO COM 37045V100 76,328 2,389,756 SH   SOLE   1,728,447 0 661,309
HARLEY DAVIDSON INC COM 412822108 58,802 1,010,299 SH   SOLE   726,258 0 284,041
HOME INNS & HOTELS MGMT INC SPON ADR 43713W107 34,643 1,195,073 SH   SOLE   895,235 0 299,838
HOMEAWAY INC COM 43739Q100 54,970 1,548,490 SH   SOLE   1,116,245 0 432,245
ICICI BK LTD ADR 45104G104 74,352 1,514,314 SH   SOLE   1,130,301 0 384,013
INGREDION INC COM 457187102 11,824 156,029 SH   SOLE   31,165 0 124,864
INTREXON CORP COM 46122T102 25,697 1,383,120 SH   SOLE   991,546 0 391,574
IROBOT CORP COM 462726100 35,150 1,154,436 SH   SOLE   829,987 0 324,449
ISIS PHARMACEUTICALS INC COM 464330109 32,898 847,196 SH   SOLE   606,745 0 240,451
JD COM INC SPON ADR CL A 47215P106 75,817 2,936,294 SH   SOLE   2,185,523 0 750,771
JPMORGAN CHASE & CO COM 46625H100 98,653 1,637,637 SH   SOLE   1,172,938 0 464,699
KINDER MORGAN INC DEL COM 49456B101 141,471 3,689,844 SH   SOLE   2,681,497 0 1,008,347
LABORATORY CORP AMER HLDGS COM NEW 50540R409 82,861 814,340 SH   SOLE   546,014 0 268,326
LATAM AIRLS GROUP S A SPONSORED ADR 51817R106 34,087 2,998,071 SH   SOLE   2,240,659 0 757,412
LAUDER ESTEE COS INC CL A 518439104 148,242 1,983,972 SH   SOLE   1,384,359 0 599,613
LAZARD LTD SHS A G54050102 35,249 695,282 SH   SOLE   568,407 0 126,875
LULULEMON ATHLETICA INC COM 550021109 39,596 942,513 SH   SOLE   676,503 0 266,010
MEDIDATA SOLUTIONS INC COM 58471A105 49,445 1,116,358 SH   SOLE   796,161 0 320,197
MINDRAY MEDICAL INTL LTD SPON ADR 602675100 31,347 1,039,349 SH   SOLE   777,026 0 262,323
MONDELEZ INTL INC CL A 609207105 80,504 2,349,435 SH   SOLE   1,416,541 0 932,894
MOSAIC CO NEW COM 61945C103 284,080 6,396,815 SH   SOLE   2,235,827 0 4,160,988
NAVISTAR INTL CORP NEW COM 63934E108 84,839 2,577,806 SH   SOLE   1,814,359 0 763,447
NCR CORP NEW COM 62886E108 135,105 4,043,988 SH   SOLE   2,915,039 0 1,128,949
NEWMONT MINING CORP COM 651639106 203,740 8,839,032 SH   SOLE   6,248,499 0 2,590,533
NIKE INC CL B 654106103 53,877 604,036 SH   SOLE   426,509 0 177,527
ORACLE CORP COM 68389X105 103,105 2,693,487 SH   SOLE   1,958,096 0 735,391
PANERA BREAD CO CL A 69840W108 68,343 420,000 SH   SOLE   223,595 0 196,405
PEABODY ENERGY CORP COM 704549104 67,064 5,416,960 SH   SOLE   3,735,544 0 1,681,416
PERKINELMER INC COM 714046109 5,639 129,343 SH   SOLE   0 0 129,343
POST HLDGS INC COM 737446104 6,192 186,608 SH   SOLE   37,248 0 149,360
POTASH CORP SASK INC COM 73755L107 357,039 10,330,971 SH   SOLE   4,487,751 0 5,843,220
ROCK-TENN CO CL A 772739207 33,806 710,493 SH   SOLE   512,545 0 197,948
STANLEY BLACK & DECKER INC COM 854502101 91,027 1,025,168 SH   SOLE   722,011 0 303,157
STARWOOD HOTELS&RESORTS WRLD COM 85590A401 100,298 1,205,345 SH   SOLE   841,064 0 364,281
SUNOPTA INC COM 8676EP108 6,006 497,630 SH   SOLE   109,494 0 388,136
TESORO CORP COM 881609101 72,256 1,184,929 SH   SOLE   844,169 0 340,760
THERMO FISHER SCIENTIFIC INC COM 883556102 126,694 1,041,006 SH   SOLE   682,916 0 358,090
TREEHOUSE FOODS INC COM 89469A104 29,145 362,044 SH   SOLE   85,011 0 277,033
TUMI HLDGS INC COM 89969Q104 39,217 1,927,297 SH   SOLE   1,387,526 0 539,771
UBS AG SHS NEW H89231338 145,156 8,356,712 SH   SOLE   6,150,974 0 2,205,738
VALE S A ADR 91912E105 218,737 19,867,031 SH   SOLE   14,742,507 0 5,124,524
VALERO ENERGY CORP NEW COM 91913Y100 59,336 1,282,419 SH   SOLE   903,626 0 378,793
WEYERHAEUSER CO COM 962166104 81,544 2,559,512 SH   SOLE   1,764,208 0 795,304
YUM BRANDS INC COM 988498101 176,647 2,454,120 SH   SOLE   1,663,843 0 790,277
ZOETIS INC CL A 98978V103 22,090 597,851 SH   SOLE   127,994 0 469,857