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
ABBVIE INC COM 00287Y109 342,609 5,471,236 SH   DFND 1 5,471,236 0 0
ABBVIE INC COM 00287Y109 887 14,171 SH   DFND   14,171 0 0
AETNA INC NEW COM 00817Y108 526 4,239 SH   DFND   4,239 0 0
AETNA INC NEW COM 00817Y108 334,917 2,700,729 SH   DFND 1 2,700,729 0 0
AIR PRODS & CHEMS INC COM 009158106 1,198 8,329 SH   DFND   8,329 0 0
AIR PRODS & CHEMS INC COM 009158106 225,990 1,571,338 SH   DFND 1 1,571,338 0 0
ALERE INC COM 01449J105 249 6,395 SH   DFND   6,395 0 0
ALERE INC COM 01449J105 40,865 1,048,632 SH   DFND 1 1,048,632 0 0
ALLERGAN PLC SHS G0177J108 149,418 711,479 SH   DFND 1 711,479 0 0
ALLERGAN PLC SHS G0177J108 662 3,154 SH   DFND   3,154 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 1,231 18,846 SH   DFND   18,846 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 223,852 3,427,526 SH   DFND 1 3,427,526 0 0
ANTHEM INC COM 036752103 447,333 3,111,447 SH   DFND 1 3,111,447 0 0
ANTHEM INC COM 036752103 1,252 8,708 SH   DFND   8,708 0 0
APACHE CORP COM 037411105 2,883 45,430 SH   DFND   45,430 0 0
APACHE CORP COM 037411105 761,345 11,995,350 SH   DFND 1 11,995,350 0 0
AUTONATION INC COM 05329W102 333 6,845 SH   DFND   6,845 0 0
AUTONATION INC COM 05329W102 52,078 1,070,472 SH   DFND 1 1,070,472 0 0
BAIDU INC SPON ADR REP A 056752108 4,696 28,565 SH   DFND   28,565 0 0
BAIDU INC SPON ADR REP A 056752108 450,747 2,741,604 SH   DFND 1 2,741,604 0 0
BARRICK GOLD CORP COM 067901108 27,349 1,711,458 SH   DFND 1 1,711,458 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 535,224 3,283,983 SH   DFND 1 3,283,983 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,768 10,846 SH   DFND   10,846 0 0
BP PLC SPONSORED ADR 055622104 30,918 827,125 SH   DFND 1 827,125 0 0
CARNIVAL CORP UNIT 99/99/9999 143658300 429 8,242 SH   DFND   8,242 0 0
CARNIVAL CORP UNIT 99/99/9999 143658300 87,297 1,676,845 SH   DFND 1 1,676,845 0 0
CDK GLOBAL INC COM 12508E101 360,848 6,045,372 SH   DFND 1 6,045,372 0 0
CDK GLOBAL INC COM 12508E101 2,039 34,157 SH   DFND   34,157 0 0
CELGENE CORP COM 151020104 822 7,104 SH   DFND   7,104 0 0
CELGENE CORP COM 151020104 288,543 2,492,813 SH   DFND 1 2,492,813 0 0
CENTENNIAL RESOURCE DEV INC CL A 15136A102 11,650 590,783 SH   DFND 1 590,783 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 4,813 16,716 SH   DFND   16,716 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 1,106,563 3,843,299 SH   DFND 1 3,843,299 0 0
CITIGROUP INC COM NEW 172967424 333,437 5,610,578 SH   DFND 1 5,610,578 0 0
CITIGROUP INC COM NEW 172967424 1,733 29,165 SH   DFND   29,165 0 0
CLEAN HARBORS INC COM 184496107 89,888 1,615,239 SH   DFND 1 1,615,239 0 0
CNH INDL N V SHS N20944109 4,014 461,909 SH   DFND   461,909 0 0
CNH INDL N V SHS N20944109 83,858 9,649,886 SH   DFND 1 9,649,886 0 0
COMPUTER SCIENCES CORP COM 205363104 337 5,665 SH   DFND   5,665 0 0
COMPUTER SCIENCES CORP COM 205363104 93,094 1,566,714 SH   DFND 1 1,566,714 0 0
COPA HOLDINGS SA CL A P31076105 89,370 983,923 SH   DFND 1 983,923 0 0
DELL TECHNOLOGIES INC COM CL V 24703L103 245,077 4,458,375 SH   DFND 1 4,458,375 0 0
DELL TECHNOLOGIES INC COM CL V 24703L103 1,183 21,526 SH   DFND   21,526 0 0
DOLLAR GEN CORP NEW COM 256677105 321 4,337 SH   DFND   4,337 0 0
DOLLAR GEN CORP NEW COM 256677105 158,953 2,145,989 SH   DFND 1 2,145,989 0 0
FIDELITY NATIONAL FINANCIAL FNF GROUP COM 31620R303 807 23,763 SH   DFND   23,763 0 0
FIDELITY NATIONAL FINANCIAL FNF GROUP COM 31620R303 210,426 6,196,293 SH   DFND 1 6,196,293 0 0
FMC TECHNOLOGIES INC COM 30249U101 5,473 154,050 SH   DFND 1 154,050 0 0
GAFISA S A SPONS ADR 362607301 69 61,864 SH   DFND   61,864 0 0
GAFISA S A SPONS ADR 362607301 293 264,080 SH   DFND 1 264,080 0 0
HONDA MOTOR LTD AMERN SHS 438128308 14,930 511,473 SH   DFND 1 511,473 0 0
HUMANA INC COM 444859102 1,002 4,909 SH   DFND   4,909 0 0
HUMANA INC COM 444859102 265,995 1,303,706 SH   DFND 1 1,303,706 0 0
ING GROEP N V SPONSORED ADR 456837103 12,602 893,781 SH   DFND 1 893,781 0 0
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 288,136 28,028,769 SH   DFND 1 28,028,769 0 0
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 425 41,349 SH   DFND   41,349 0 0
JD COM INC SPON ADR CL A 47215P106 577,727 22,709,414 SH   DFND 1 22,709,414 0 0
JD COM INC SPON ADR CL A 47215P106 8,967 352,477 SH   DFND   352,477 0 0
JPMORGAN CHASE & CO COM 46625H100 48,709 564,476 SH   DFND 1 564,476 0 0
KB FINANCIAL GROUP INC SPONSORED ADR 48241A105 14,314 405,624 SH   DFND 1 405,624 0 0
KB FINANCIAL GROUP INC SPONSORED ADR 48241A105 1,654 46,872 SH   DFND   46,872 0 0
KINDER MORGAN INC DEL COM 49456B101 27,606 1,332,985 SH   DFND 1 1,332,985 0 0
KOREA ELECTRIC PWR SPONSORED ADR 500631106 94 5,093 SH   DFND   5,093 0 0
KOREA ELECTRIC PWR SPONSORED ADR 500631106 10,918 590,826 SH   DFND 1 590,826 0 0
LG DISPLAY CO LTD SPONS ADR REP 50186V102 1,368 106,492 SH   DFND   106,492 0 0
LG DISPLAY CO LTD SPONS ADR REP 50186V102 4,740 368,833 SH   DFND 1 368,833 0 0
LIBERTY GLOBAL PLC LILAC SHS CL A G5480U138 245 11,159 SH   DFND 1 11,159 0 0
LIBERTY GLOBAL PLC LILAC SHS CL C G5480U153 9,808 463,312 SH   DFND 1 463,312 0 0
LIBERTY GLOBAL PLC LILAC SHS CL C G5480U153 50 2,383 SH   DFND   2,383 0 0
MERCADOLIBRE INC COM 58733R102 560 3,584 SH   DFND   3,584 0 0
MERCADOLIBRE INC COM 58733R102 211,847 1,356,774 SH   DFND 1 1,356,774 0 0
MICRON TECHNOLOGY INC COM 595112103 237 10,813 SH   DFND   10,813 0 0
MICRON TECHNOLOGY INC COM 595112103 93,772 4,277,925 SH   DFND 1 4,277,925 0 0
MICROSOFT CORP COM 594918104 807 12,987 SH   DFND   12,987 0 0
MICROSOFT CORP COM 594918104 384,622 6,189,605 SH   DFND 1 6,189,605 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307 1,931 23,292 SH   DFND   23,292 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307 646,714 7,802,071 SH   DFND 1 7,802,071 0 0
NET 1 UEPS TECHNOLOGIES INC COM NEW 64107N206 103,624 9,026,484 SH   DFND   9,026,484 0 0
NETEASE INC SPONSORED ADR 64110W102 667,242 3,098,551 SH   DFND 1 3,098,551 0 0
NETEASE INC SPONSORED ADR 64110W102 7,125 33,089 SH   DFND   33,089 0 0
OWENS ILL INC COM NEW 690768403 19,998 1,148,642 SH   DFND 1 1,148,642 0 0
PAYPAL HLDGS INC COM 70450Y103 1,401 35,494 SH   DFND   35,494 0 0
PAYPAL HLDGS INC COM 70450Y103 312,898 7,927,498 SH   DFND 1 7,927,498 0 0
PRICELINE GRP INC COM NEW 741503403 1,551 1,058 SH   DFND   1,058 0 0
PRICELINE GRP INC COM NEW 741503403 363,769 248,127 SH   DFND 1 248,127 0 0
PUMA BIOTECHNOLOGY INC COM 74587V107 1,335 43,493 SH   DFND 1 43,493 0 0
QUALCOMM INC COM 747525103 4,024 61,719 SH   DFND   61,719 0 0
QUALCOMM INC COM 747525103 999,404 15,328,281 SH   DFND 1 15,328,281 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 86,696 1,495,524 SH   DFND 1 1,495,524 0 0
SHINHAN FINANCIAL GROUP CO L SPN ADR RESTRD 824596100 7,869 209,070 SH   DFND 1 209,070 0 0
SK TELECOM LTD SPONSORED ADR 78440P108 16,700 799,040 SH   DFND 1 799,040 0 0
SOHU COM INC COM 83408W103 225,263 6,646,887 SH   DFND 1 6,646,887 0 0
SOHU COM INC COM 83408W103 1,672 49,331 SH   DFND   49,331 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 56,364 514,219 SH   DFND 1 514,219 0 0
SUMITOMO MITSUI FINL GROUP I SPONSORED ADR 86562M209 63 8,196 SH   DFND   8,196 0 0
SUMITOMO MITSUI FINL GROUP I SPONSORED ADR 86562M209 12,167 1,592,597 SH   DFND 1 1,592,597 0 0
SYMANTEC CORP COM 871503108 827 34,619 SH   DFND   34,619 0 0
SYMANTEC CORP COM 871503108 132,592 5,550,100 SH   DFND 1 5,550,100 0 0
TENARIS S A SPONSORED ADR 88031M109 4,813 134,767 SH   DFND 1 134,767 0 0
VALE S A ADR REPSTG PFD 91912E204 20,318 2,948,923 SH   DFND 1 2,948,923 0 0
VMWARE INC CL A COM 928563402 84,293 1,070,660 SH   DFND 1 1,070,660 0 0
VMWARE INC CL A COM 928563402 553 7,021 SH   DFND   7,021 0 0
WELLS FARGO & CO NEW COM 949746101 1,820 33,029 SH   DFND   33,029 0 0
WELLS FARGO & CO NEW COM 949746101 384,493 6,976,829 SH   DFND 1 6,976,829 0 0
XPO LOGISTICS INC COM 983793100 878,870 20,363,076 SH   DFND 1 20,363,076 0 0
XPO LOGISTICS INC COM 983793100 3,697 85,660 SH   DFND   85,660 0 0
YANDEX N V SHS CLASS A N97284108 959 47,651 SH   DFND   47,651 0 0
YANDEX N V SHS CLASS A N97284108 30,617 1,520,939 SH   DFND 1 1,520,939 0 0
YELP INC CL A 985817105 61,039 1,600,817 SH   DFND 1 1,600,817 0 0