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
AES CORP COM 00130H105 361,963 17,228,116 SH   DFND 1 17,228,116 0 0
AES CORP COM 00130H105 6,896 328,226 SH   DFND 2 328,226 0 0
AES CORP COM 00130H105 646 30,762 SH   DFND   30,762 0 0
ALCOA CORP COM 013872106 16,501 362,015 SH   DFND 1 362,015 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 60,243 529,931 SH   DFND 1 529,931 0 0
ALPHABET INC CAP STK CL A 02079K305 27,618 12,673 SH   DFND 1 12,673 0 0
ALPHABET INC CAP STK CL C 02079K107 378,053 172,828 SH   DFND 1 172,828 0 0
ALPHABET INC CAP STK CL C 02079K107 335 153 SH   DFND   153 0 0
ALPHABET INC CAP STK CL C 02079K107 728 333 SH   DFND 2 333 0 0
AMAZON COM INC COM 023135106 2,895 27,260 SH   DFND 2 27,260 0 0
AMAZON COM INC COM 023135106 27,457 258,513 SH   DFND 1 258,513 0 0
ARCONIC CORPORATION COM 03966V107 183,988 6,559,287 SH   DFND 1 6,559,287 0 0
BARRICK GOLD CORP COM 067901108 65,774 3,718,139 SH   DFND 1 3,718,139 0 0
BARRICK GOLD CORP COM 067901108 861 48,675 SH   DFND   48,675 0 0
BORR DRILLING LTD SHS G1466R173 3,509 761,064 SH   DFND 1 761,064 0 0
BP PLC SPONSORED ADR 055622104 1,045 36,845 SH   DFND 1 36,845 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 201 2,608 SH   DFND 1 2,608 0 0
BRITISH AMERN TOB PLC SPONSORED ADR 110448107 156 3,625 SH   DFND   3,625 0 0
BRITISH AMERN TOB PLC SPONSORED ADR 110448107 586,639 13,671,388 SH   DFND 1 13,671,388 0 0
BURFORD CAP LTD ORD SHS G17977110 29,440 2,917,714 SH   DFND 1 2,917,714 0 0
BURFORD CAP LTD ORD SHS G17977110 358 35,524 SH   DFND   35,524 0 0
CALIFORNIA RES CORP COM STOCK 13057Q305 108,146 2,808,993 SH   DFND 1 2,808,993 0 0
CALIFORNIA RES CORP COM STOCK 13057Q305 616 16,009 SH   DFND   16,009 0 0
CARMAX INC COM 143130102 2,225 24,588 SH   DFND 2 24,588 0 0
CHENIERE ENERGY INC COM NEW 16411R208 89 668 SH   DFND   668 0 0
CHENIERE ENERGY INC COM NEW 16411R208 102,550 770,882 SH   DFND 1 770,882 0 0
CHESAPEAKE ENERGY CORP COM 165167735 86 1,059 SH   DFND   1,059 0 0
CHESAPEAKE ENERGY CORP COM 165167735 265,923 3,278,950 SH   DFND 1 3,278,950 0 0
CHURCH & DWIGHT CO INC COM 171340102 11,409 123,124 SH   DFND 1 123,124 0 0
CHURCH & DWIGHT CO INC COM 171340102 2,416 26,071 SH   DFND 2 26,071 0 0
CINEMARK HLDGS INC COM 17243V102 75,355 5,016,990 SH   DFND 1 5,016,990 0 0
CINEMARK HLDGS INC COM 17243V102 418 27,832 SH   DFND   27,832 0 0
COMCAST CORP NEW CL A 20030N101 5,965 152,021 SH   DFND 2 152,021 0 0
COMCAST CORP NEW CL A 20030N101 317,613 8,094,125 SH   DFND 1 8,094,125 0 0
CONSTELLATION ENERGY CORP COM 21037T109 105 1,831 SH   DFND   1,831 0 0
CONSTELLATION ENERGY CORP COM 21037T109 66,075 1,153,946 SH   DFND 1 1,153,946 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C201 66 11,149 SH   DFND 1 11,149 0 0
DOLLAR GEN CORP NEW COM 256677105 7,449 30,351 SH   DFND 2 30,351 0 0
DOLLAR GEN CORP NEW COM 256677105 382,594 1,558,810 SH   DFND 1 1,558,810 0 0
DUPONT DE NEMOURS INC COM 26614N102 45,519 818,981 SH   DFND 1 818,981 0 0
DUPONT DE NEMOURS INC COM 26614N102 582 10,477 SH   DFND   10,477 0 0
ELEVANCE HEALTH INC COM 036752103 6,869 14,234 SH   DFND 2 14,234 0 0
ELEVANCE HEALTH INC COM 036752103 365,381 757,140 SH   DFND 1 757,140 0 0
FLEETCOR TECHNOLOGIES INC COM 339041105 168 801 SH   DFND   801 0 0
FLEETCOR TECHNOLOGIES INC COM 339041105 749,076 3,565,160 SH   DFND 1 3,565,160 0 0
FLEETCOR TECHNOLOGIES INC COM 339041105 12,204 58,085 SH   DFND 2 58,085 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 2,820 41,789 SH   DFND 2 41,789 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 26,724 395,963 SH   DFND 1 395,963 0 0
GLOBAL PMTS INC COM 37940X102 9,664 87,344 SH   DFND 2 87,344 0 0
GLOBAL PMTS INC COM 37940X102 617,201 5,578,461 SH   DFND 1 5,578,461 0 0
GOLAR LNG LTD SHS G9456A100 249,031 10,946,415 SH   DFND 1 10,946,415 0 0
GOLAR LNG LTD SHS G9456A100 611 26,848 SH   DFND   26,848 0 0
GOLD FIELDS LTD SPONSORED ADR 38059T106 79,233 8,687,802 SH   DFND 1 8,687,802 0 0
GRIFOLS S A SP ADR REP B NVT 398438408 7,937 668,081 SH   DFND 1 668,081 0 0
GXO LOGISTICS INCORPORATED COMMON STOCK 36262G101 7,003 161,850 SH   DFND 2 161,850 0 0
GXO LOGISTICS INCORPORATED COMMON STOCK 36262G101 470,304 10,869,053 SH   DFND 1 10,869,053 0 0
HELIX ENERGY SOLUTIONS GRP I COM 42330P107 7,414 2,391,590 SH   DFND 1 2,391,590 0 0
HELIX ENERGY SOLUTIONS GRP I COM 42330P107 82 26,438 SH   DFND   26,438 0 0
HOWMET AEROSPACE INC COM 443201108 519,699 16,524,603 SH   DFND 1 16,524,603 0 0
HOWMET AEROSPACE INC COM 443201108 8,441 268,395 SH   DFND 2 268,395 0 0
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107 2,652 48,207 SH   DFND 2 48,207 0 0
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107 191,762 3,485,947 SH   DFND 1 3,485,947 0 0
ITAU UNIBANCO HLDG S A SPON ADR REP PFD 465562106 127,275 29,737,152 SH   DFND 1 29,737,152 0 0
ITAU UNIBANCO HLDG S A SPON ADR REP PFD 465562106 496 115,811 SH   DFND   115,811 0 0
KB FINL GROUP INC SPONSORED ADR 48241A105 20,626 554,456 SH   DFND 1 554,456 0 0
KINDER MORGAN INC DEL COM 49456B101 2,141 127,716 SH   DFND   127,716 0 0
KINDER MORGAN INC DEL COM 49456B101 353,458 21,089,354 SH   DFND 1 21,089,354 0 0
KINDER MORGAN INC DEL COM 49456B101 7,686 458,575 SH   DFND 2 458,575 0 0
LOCKHEED MARTIN CORP COM 539830109 84,158 195,734 SH   DFND 1 195,734 0 0
MASTEC INC COM 576323109 315 4,395 SH   DFND   4,395 0 0
MASTEC INC COM 576323109 12,874 179,659 SH   DFND 1 179,659 0 0
MGM RESORTS INTERNATIONAL COM 552953101 145,195 5,015,357 SH   DFND 1 5,015,357 0 0
MGM RESORTS INTERNATIONAL COM 552953101 2,306 79,638 SH   DFND 2 79,638 0 0
MICRON TECHNOLOGY INC COM 595112103 13,715 248,102 SH   DFND 1 248,102 0 0
MICRON TECHNOLOGY INC COM 595112103 144 2,600 SH   DFND   2,600 0 0
MICROSOFT CORP COM 594918104 33,923 132,085 SH   DFND 1 132,085 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307 233,705 1,115,004 SH   DFND 1 1,115,004 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307 8,783 41,904 SH   DFND 2 41,904 0 0
NETEASE INC SPONSORED ADS 64110W102 342,502 3,668,611 SH   DFND 1 3,668,611 0 0
OREILLY AUTOMOTIVE INC COM 67103H107 20,306 32,142 SH   DFND 1 32,142 0 0
OREILLY AUTOMOTIVE INC COM 67103H107 3,676 5,818 SH   DFND 2 5,818 0 0
PAYPAL HLDGS INC COM 70450Y103 1,530 21,908 SH   DFND 2 21,908 0 0
PRIMORIS SVCS CORP COM 74164F103 9,800 450,373 SH   DFND 1 450,373 0 0
PROGRESSIVE CORP COM 743315103 10,522 90,492 SH   DFND 2 90,492 0 0
PROGRESSIVE CORP COM 743315103 531,227 4,568,907 SH   DFND 1 4,568,907 0 0
PROGRESSIVE CORP COM 743315103 266 2,286 SH   DFND   2,286 0 0
S&P GLOBAL INC COM 78409V104 20,029 59,423 SH   DFND 1 59,423 0 0
SALESFORCE INC COM 79466L302 21,650 131,178 SH   DFND 1 131,178 0 0
SCHLUMBERGER LTD COM STK 806857108 1,546 43,234 SH   DFND   43,234 0 0
SCHLUMBERGER LTD COM STK 806857108 2,127 59,477 SH   DFND 2 59,477 0 0
SCHLUMBERGER LTD COM STK 806857108 453,977 12,695,117 SH   DFND 1 12,695,117 0 0
SELECT SECTOR SPDR TR ENERGY 81369Y506 7,809 109,197 SH   DFND 2 109,197 0 0
SHELL PLC SPON ADS 780259305 476,130 9,105,561 SH   DFND 1 9,105,561 0 0
SHELL PLC SPON ADS 780259305 1,681 32,152 SH   DFND   32,152 0 0
SIMON PPTY GROUP INC NEW COM 828806109 32,837 345,942 SH   DFND 1 345,942 0 0
SIMON PPTY GROUP INC NEW COM 828806109 385 4,053 SH   DFND   4,053 0 0
SOUTHWEST AIRLS CO COM 844741108 409 11,326 SH   DFND   11,326 0 0
SOUTHWEST AIRLS CO COM 844741108 34,120 944,622 SH   DFND 1 944,622 0 0
SPDR GOLD TR GOLD SHS 78463V107 4,080 24,222 SH   DFND   24,222 0 0
SPDR GOLD TR GOLD SHS 78463V107 190,736 1,132,235 SH   DFND 1 1,132,235 0 0
SUMITOMO MITSUI FINL GROUP I SPONSORED ADR 86562M209 469 79,514 SH   DFND 1 79,514 0 0
SUNRUN INC COM 86771W105 297,902 12,752,672 SH   DFND 1 12,752,672 0 0
SUNRUN INC COM 86771W105 5,098 218,252 SH   DFND 2 218,252 0 0
SUNRUN INC COM 86771W105 89 3,803 SH   DFND   3,803 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 786 9,615 SH   DFND   9,615 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 452,417 5,534,157 SH   DFND 1 5,534,157 0 0
TECK RESOURCES LTD CL B 878742204 349,352 11,427,948 SH   DFND 1 11,427,948 0 0
TECK RESOURCES LTD CL B 878742204 244 7,978 SH   DFND   7,978 0 0
TEXAS INSTRS INC COM 882508104 14,260 92,808 SH   DFND 1 92,808 0 0
UNITEDHEALTH GROUP INC COM 91324P102 277 539 SH   DFND   539 0 0
UNITEDHEALTH GROUP INC COM 91324P102 7,221 14,059 SH   DFND 2 14,059 0 0
UNITEDHEALTH GROUP INC COM 91324P102 476,360 927,438 SH   DFND 1 927,438 0 0
VALARIS LIMITED CL A G9460G101 258 6,107 SH   DFND   6,107 0 0
VALARIS LIMITED CL A G9460G101 103,805 2,457,503 SH   DFND 1 2,457,503 0 0
VALE S A SPONSORED ADS 91912E105 287,991 19,684,989 SH   DFND 1 19,684,989 0 0
VIPSHOP HOLDINGS LIMITED SPONSORED ADS A 92763W103 51,170 5,173,863 SH   DFND 1 5,173,863 0 0
VIPSHOP HOLDINGS LIMITED SPONSORED ADS A 92763W103 97 9,780 SH   DFND   9,780 0 0
VISA INC COM CL A 92826C839 31,531 160,145 SH   DFND 1 160,145 0 0
VORNADO RLTY TR SH BEN INT 929042109 9,731 340,354 SH   DFND 1 340,354 0 0
VORNADO RLTY TR SH BEN INT 929042109 120 4,182 SH   DFND   4,182 0 0
WHEATON PRECIOUS METALS CORP COM 962879102 131 3,629 SH   DFND   3,629 0 0
WHEATON PRECIOUS METALS CORP COM 962879102 2,899 80,450 SH   DFND 2 80,450 0 0
WHEATON PRECIOUS METALS CORP COM 962879102 57,026 1,582,735 SH   DFND 1 1,582,735 0 0
WIX COM LTD SHS M98068105 5,644 86,107 SH   DFND 1 86,107 0 0
XP INC CL A G98239109 15,933 887,126 SH   DFND 1 887,126 0 0
XP INC CL A G98239109 46 2,569 SH   DFND   2,569 0 0
XPO LOGISTICS INC COM 983793100 482,299 10,014,514 SH   DFND 1 10,014,514 0 0
XPO LOGISTICS INC COM 983793100 8,217 170,624 SH   DFND 2 170,624 0 0
YANDEX N V SHS CLASS A N97284108 0 3,056,164 SH   DFND 1 3,056,164 0 0
YOUDAO INC SPONSORED ADS 98741T104 36 7,393 SH   DFND   7,393 0 0
YOUDAO INC SPONSORED ADS 98741T104 72,806 14,797,931 SH   DFND 1 14,797,931 0 0