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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABB LTD ADR 000375204   17,150 500 SH   SOLE   0 0 500
ABBOTT LABS COM 002824100   1,073,356 10,600 SH   SOLE   7,900 0 2,700
ABBVIE INC. COM 00287Y109   2,629,605 16,500 SH   SOLE   12,200 0 4,300
ABN AMRO BANK NV-CVA COM 00BYQP136   104,087 6,553 SH   SOLE   0 0 6,553
ACCELLERON INDUSTRIES AG ADR 00449R109   585 25 SH   SOLE   0 0 25
ACCENTURE PLC CL A COM G1151C101   1,772,022 6,200 SH   SOLE   4,600 0 1,600
ADIDAS AG COM 004031976   1,184,911 6,700 SH   SOLE   1,300 0 5,400
ADIDAS AG-SPONSORED ADR ADR 00687A107   35,324 400 SH   SOLE   0 0 400
ADMIRAL GROUP PLC COM 00B02J639   52,162 2,070 SH   SOLE   0 0 2,070
ADVANCED AUTO PARTS COM 00751Y106   960,719 7,900 SH   SOLE   5,400 0 2,500
ADVANCED MICRO DEV COM 007903107   300,597 3,067 SH   SOLE   2,400 0 667
ADYEN NV COM 00BZ1HM42   951,209 600 SH   SOLE   100 0 500
AGC INC COM 006055208   925,126 25,000 SH   SOLE   5,000 0 20,000
AIA GROUP LTD COM 00B4TX8S1   2,459,511 233,600 SH   SOLE   44,300 0 189,300
AIA GROUP LTD-SP ADR ADR 001317205   54,600 1,300 SH   SOLE   0 0 1,300
AIR LIQUIDE ADR 009126202   493,179 14,757 SH   SOLE   2,668 0 12,089
AIR PROD & CHEM. COM 009158106   861,630 3,000 SH   SOLE   2,200 0 800
AKZO N V ADR ADR 010199305   33,865 1,300 SH   SOLE   0 0 1,300
ALCON INC COM 00BJT1GR5   1,126,788 15,910 SH   SOLE   3,000 0 12,910
ALIBABA GROUP HOLDING-SP ADR ADR 01609W102   20,436 200 SH   SOLE   0 0 200
ALLEGHENY TECH. COM 01741R102   248,598 6,300 SH   SOLE   6,300 0 0
ALLIANZ SE - UNSP ADR ADR 018820100   125,000 5,423 SH   SOLE   0 0 5,423
ALLIANZ SE-REG COM 005231485   1,918,238 8,297 SH   SOLE   1,591 0 6,706
ALLSTATE CORP. COM 020002101   753,508 6,800 SH   SOLE   4,900 0 1,900
ALPHABET INC. CL A COM 02079K305   2,096,383 20,210 SH   SOLE   15,400 0 4,810
ALPHABET INC. CL C COM 02079K107   304,720 2,930 SH   SOLE   1,800 0 1,130
ALTRIA GROUP COM 02209S103   142,784 3,200 SH   SOLE   3,200 0 0
AMADEUS IT GROUP SA COM 00B3MSM28   243,778 3,639 SH   SOLE   0 0 3,639
AMADEUS IT GROUP-UNSP ADR ADR 02263T104   442,929 6,603 SH   SOLE   1,112 0 5,491
AMAZON COM COM 023135106   846,978 8,200 SH   SOLE   8,200 0 0
AMBEV SA-ADR ADR 02319V103   89,597 31,772 SH   SOLE   0 0 31,772
AMCOR PLC ADR G0250X107   55,762 4,900 SH   SOLE   0 0 4,900
AMER. ELEC. PWR COM 025537101   928,098 10,200 SH   SOLE   7,000 0 3,200
AMERIPRISE FINANCIAL COM 03076C106   1,440,550 4,700 SH   SOLE   3,200 0 1,500
AMERISOURCEBERGEN COM 03073E105   448,308 2,800 SH   SOLE   2,800 0 0
AMETEK AEROSPACE COM 031100100   828,381 5,700 SH   SOLE   3,900 0 1,800
AMGEN INC. COM 031162100   2,127,400 8,800 SH   SOLE   6,400 0 2,400
ANALOG DEVICES INC. COM 032654105   82,635 419 SH   SOLE   0 0 419
ANGLO AMERICAN PLC COM 00B1XZS82   81,621 2,465 SH   SOLE   0 0 2,465
ANHEUSER-BUSCH INBEV NV COM 00BYYHL23   102,946 1,545 SH   SOLE   0 0 1,545
ANSYS INC COM 03662Q105   232,960 700 SH   SOLE   700 0 0
ANZ GROUP HOLDINGS LTD-ADR COM 03736N104   67,184 4,394 SH   SOLE   0 0 4,394
APA CORP COM 03743Q108   248,814 6,900 SH   SOLE   6,900 0 0
APOLLO GLOBAL MANAGEMENT COM 03769M106   91,961 1,456 SH   SOLE   0 0 1,456
APPLE INC. COM 037833100   8,772,020 53,196 SH   SOLE   40,200 0 12,996
APPLIED MATLS INC. COM 038222105   304,496 2,479 SH   SOLE   0 0 2,479
ARAMARK COM 03852U106   62,972 1,759 SH   SOLE   0 0 1,759
ARCHER DANIELS MID COM 039483102   127,456 1,600 SH   SOLE   1,600 0 0
ASHTEAD GROUP PLC-UNSPON ADR ADR 045055100   347,499 1,424 SH   SOLE   262 0 1,162
ASML HOLDING NV COM 00B929F46   2,016,009 2,968 SH   SOLE   565 0 2,403
ASSA ABLOY AB-B COM 00BYPC1T4   1,137,393 47,500 SH   SOLE   9,000 0 38,500
ASTELLAS PHARMA INC COM 006985383   125,680 8,883 SH   SOLE   0 0 8,883
ASTELLAS PHARMA INC-UNSP ADR ADR 04623U102   35,487 2,500 SH   SOLE   0 0 2,500
ASTRAZENECA PLC ADR 046353108   83,292 1,200 SH   SOLE   0 0 1,200
AT&T INC. COM 00206R102   1,343,265 69,780 SH   SOLE   45,150 0 24,630
ATLAS COPCO AB-B SHS COM 00BLDBN52   1,555,935 135,378 SH   SOLE   25,600 0 109,778
ATOS SE COM 005654781   20,888 1,688 SH   SOLE   0 0 1,688
AUTOZONE INC COM 053332102   1,966,520 800 SH   SOLE   600 0 200
AVANTOR INC. COM 05352A100   36,171 1,711 SH   SOLE   0 0 1,711
AXA -SPONS ADR ADR 054536107   61,140 2,000 SH   SOLE   0 0 2,000
AXA SA COM 007088429   95,900 3,134 SH   SOLE   0 0 3,134
BAE SYS PLC ADR 05523R107   143,173 2,900 SH   SOLE   0 0 2,900
BAE SYSTEMS PLC COM 000263494   937,012 77,093 SH   SOLE   14,600 0 62,493
BANCO BILBAO VIZCAYA-SP ADR ADR 05946K101   29,610 4,200 SH   SOLE   0 0 4,200
BANK LEUMI LE-ISRAEL COM 006076425   78,098 10,415 SH   SOLE   0 0 10,415
BANK OF AMERICA COM 060505104   3,140,995 109,825 SH   SOLE   76,550 0 33,275
BARCLAYS PLC ADR 06738E204   20,132 2,800 SH   SOLE   0 0 2,800
BASF SE-SPON ADR ADR 055262505   60,430 4,613 SH   SOLE   0 0 4,613
BAXTER INTL INC. COM 071813109   129,792 3,200 SH   SOLE   3,200 0 0
BAYER A G ADR 072730302   78,057 4,900 SH   SOLE   0 0 4,900
BAYER AG-REG COM 005069211   819,911 12,852 SH   SOLE   2,403 0 10,449
BAYERISCHE MOTOREN-SP ADR ADR 072743305   128,208 3,514 SH   SOLE   0 0 3,514
BEAZER HOMES USA COM 07556Q881   58,438 3,680 SH   SOLE   3,680 0 0
BECTON DICKINSON & CO COM 075887109   975,060 3,939 SH   SOLE   3,580 0 359
BERKSHIRE HATH. B COM 084670702   4,157,279 13,464 SH   SOLE   9,600 0 3,864
BHP GROUP LTD COM 006144690   2,046,610 64,700 SH   SOLE   12,300 0 52,400
BIOGEN IDEC INC COM 09062X103   126,504 455 SH   SOLE   0 0 455
BLACKROCK INC. COM 09247X101   2,333,221 3,487 SH   SOLE   2,400 0 1,087
BNP PARIBAS COM 007309681   1,594,705 26,586 SH   SOLE   4,769 0 21,817
BNP PARIBAS ADR 05565A202   62,643 2,100 SH   SOLE   0 0 2,100
BOC HONG KONG HLDS-SPONS ADR ADR 096813209   18,657 300 SH   SOLE   0 0 300
BOEING CO. COM 097023105   828,477 3,900 SH   SOLE   2,320 0 1,580
BOOKING HOLDINGS INC. COM 09857L108   132,620 50 SH   SOLE   50 0 0
BP AMOCO PLC ADR 055622104   136,584 3,600 SH   SOLE   0 0 3,600
BP PLC COM 000798059   177,619 28,123 SH   SOLE   0 0 28,123
BRAMBLES LTD COM 00B1FJ0C0   1,104,555 122,800 SH   SOLE   23,300 0 99,500
BRISTOL MYERS SQUIBB COM 110122108   250,070 3,608 SH   SOLE   0 0 3,608
BRITISH AMERN TOB PLC ADR 110448107   1,035,935 29,497 SH   SOLE   4,600 0 24,897
BROADCOM INC. COM 11135F101   2,309,544 3,600 SH   SOLE   2,700 0 900
BUNGE LIMITED COM G16962105   152,832 1,600 SH   SOLE   1,600 0 0
CAP GEMINI COM 004163437   1,874,777 10,106 SH   SOLE   1,900 0 8,206
CARDINAL HEALTH INC COM 14149Y108   475,650 6,300 SH   SOLE   6,300 0 0
CARLISLE COS. COM 142339100   90,202 399 SH   SOLE   0 0 399
CARMAX GROUP COM 143130102   31,819 495 SH   SOLE   0 0 495
CATERPILLAR TRACTOR COM 149123101   137,304 600 SH   SOLE   600 0 0
CBOE HOLDINGS INC COM 12503M108   281,904 2,100 SH   SOLE   2,100 0 0
CELANESE CORP COM 150870103   45,189 415 SH   SOLE   0 0 415
CENTENE CORP COM 15135B101   1,106,175 17,500 SH   SOLE   12,000 0 5,500
CF INDUSTRIES HLDGS COM 125269100   181,225 2,500 SH   SOLE   2,500 0 0
CHARLES RIV LABS INTL. COM 159864107   35,520 176 SH   SOLE   0 0 176
CHARLES SCHWAB COM 808513105   649,512 12,400 SH   SOLE   9,200 0 3,200
CHECK POINT SOFTWARE ADR M22465104   26,000 200 SH   SOLE   0 0 200
CHEVRON CORP COM 166764100   6,286,228 38,528 SH   SOLE   27,043 0 11,485
CHUBU ELECTRIC POWER CO. COM 006195609   81,014 7,707 SH   SOLE   0 0 7,707
CHUGAI PHARMACEUTICAL CO LTD COM 006196408   1,031,933 42,000 SH   SOLE   8,000 0 34,000
CIE FINANCIERE RICH-UNSP ADR ADR 204319107   130,186 8,157 SH   SOLE   0 0 8,157
CIGNA CORP. COM 125523100   172,483 675 SH   SOLE   0 0 675
CINTAS CORP COM 172908105   370,144 800 SH   SOLE   800 0 0
CISCO SYSTEMS COM 17275R102   2,530,110 48,400 SH   SOLE   33,100 0 15,300
CITIZENS FINANCIAL GROUP COM 174610105   690,280 22,729 SH   SOLE   14,330 0 8,399
CK HUTCHISON HOLDIN-UNSP ADR ADR 12562Y100   27,720 4,500 SH   SOLE   0 0 4,500
CLP HOLDINGS LTD COM 006097017   67,109 9,291 SH   SOLE   0 0 9,291
CLP HOLDINGS LTD-SPONS ADR ADR 18946Q101   18,012 2,500 SH   SOLE   0 0 2,500
CME GROUP COM 12572Q105   727,776 3,800 SH   SOLE   2,600 0 1,200
COCA COLA COMPANY COM 191216100   266,729 4,300 SH   SOLE   4,300 0 0
COCA-COLA FEMSA SAB-SP ADR ADR 191241108   32,188 400 SH   SOLE   0 0 400
COGNIZANT TECH. COM 192446102   1,389,204 22,800 SH   SOLE   15,600 0 7,200
COLRUYT SA COM 005806225   1,029,503 35,200 SH   SOLE   6,700 0 28,500
COMCAST CORP-Cl A COM 20030N101   845,393 22,300 SH   SOLE   22,300 0 0
COMMERZBANK AG COM 00B90LKT4   140,940 13,382 SH   SOLE   0 0 13,382
COMPASS GROUP PLC COM 00BD6K457   1,747,024 69,500 SH   SOLE   13,200 0 56,300
COMPASS GROUP PLC-SPON ADR ADR 20449X401   27,753 1,100 SH   SOLE   0 0 1,100
COMPASS MINERALS INTL COM 20451N101   49,926 1,456 SH   SOLE   0 0 1,456
CONOCOPHILLIPS COM 20825C104   1,835,385 18,500 SH   SOLE   13,700 0 4,800
CONSTELLATION BRANDS A COM 21036P108   1,106,861 4,900 SH   SOLE   3,700 0 1,200
CONSTELLATION ENERGY COM 21037T109   623,996 7,949 SH   SOLE   5,165 0 2,784
CONTINENTAL AG ADR 210771200   23,064 3,100 SH   SOLE   0 0 3,100
CORTEVA INC. COM 22052L104   265,364 4,400 SH   SOLE   4,400 0 0
COSTCO WHOLESALE COM 22160K105   686,177 1,381 SH   SOLE   1,100 0 281
COTERRA ENERGY INC. COM 127097103   1,160,742 47,300 SH   SOLE   32,400 0 14,900
CREDIT AGRICOLE SA COM 007262610   72,176 6,389 SH   SOLE   0 0 6,389
CREDIT SUISSE GP ADR 225401108   10,888 12,234 SH   SOLE   0 0 12,234
CRODA INTERNATIONAL PLC COM 00BJFFLV0   948,788 11,809 SH   SOLE   2,200 0 9,609
CROWN CASTLE INTL COM 22822V101   1,231,328 9,200 SH   SOLE   6,300 0 2,900
CUMMINS INC COM 231021106   740,528 3,100 SH   SOLE   2,100 0 1,000
CURTISS WRIGHT CORP COM 231561101   775,544 4,400 SH   SOLE   3,000 0 1,400
CVS CAREMARK CORP COM 126650100   3,187,899 42,900 SH   SOLE   29,800 0 13,100
DAI-ICHI LIFE HOLDINGS COM 00B601QS4   75,836 4,145 SH   SOLE   0 0 4,145
DAIKIN INDUSTRIES-UNSPON ADR ADR 23381B106   30,430 1,700 SH   SOLE   0 0 1,700
DAIWA HOUSE INDUSTRY CO LTD COM 006251363   1,099,692 47,000 SH   SOLE   9,000 0 38,000
DANONE COM 00B1Y9TB3   1,108,307 17,800 SH   SOLE   3,400 0 14,400
DANONE-SPONS ADR ADR 23636T100   29,928 2,400 SH   SOLE   0 0 2,400
DASSAULT SYSTEMES SE COM 00BM8H5Y5   975,238 23,700 SH   SOLE   4,500 0 19,200
DBS GP HLDGS-SPON ADR ADR 23304Y100   29,733 300 SH   SOLE   0 0 300
DBS GROUP HOLDINGS LTD COM 006175203   2,541,612 102,400 SH   SOLE   19,400 0 83,000
DELTA AIR LINES COM 247361702   708,876 20,300 SH   SOLE   13,900 0 6,400
DEUTSCHE BOERSE AG COM 007021963   2,058,229 10,557 SH   SOLE   1,900 0 8,657
DEUTSCHE BOERSE AG-UNSPN ADR ADR 251542106   23,304 1,200 SH   SOLE   0 0 1,200
DEUTSCHE POST AG ADR 25157Y202   14,031 300 SH   SOLE   0 0 300
DEUTSCHE TELEKOM AG-REG COM 005842359   105,307 4,331 SH   SOLE   0 0 4,331
DEVON ENERGY (NEW) COM 25179M103   391,215 7,730 SH   SOLE   0 0 7,730
DEXCOM INC COM 252131107   58,555 504 SH   SOLE   0 0 504
DIAGEO PLC COM 000237400   2,220,860 49,700 SH   SOLE   9,400 0 40,300
DIAGEO PLC ADR 25243Q205   36,236 200 SH   SOLE   0 0 200
DISCOVER FINCL SERVICES COM 254709108   1,330,288 13,459 SH   SOLE   8,670 0 4,789
DISNEY WALT PRODTNS COM 254687106   380,494 3,800 SH   SOLE   3,800 0 0
DOLLAR GEN CORP COM 256677105   1,620,542 7,700 SH   SOLE   5,700 0 2,000
DOLLAR TREE INC COM 256746108   1,909,215 13,300 SH   SOLE   9,100 0 4,200
DREAM FINDERS HOMES INC. COM 26154D100   234,525 17,700 SH   SOLE   17,700 0 0
DUPONT DE NEMOURS COM 26614N102   90,861 1,266 SH   SOLE   0 0 1,266
E.ON SE COM 004942904   88,141 7,073 SH   SOLE   0 0 7,073
EASTMAN CHEM CO COM 277432100   252,936 2,999 SH   SOLE   2,400 0 599
EATON CORP PLC COM G29183103   2,552,966 14,900 SH   SOLE   10,700 0 4,200
ELI LILLY & CO. COM 532457108   1,030,260 3,000 SH   SOLE   2,300 0 700
EMBECTA CORP. COM 29082K105   1,997 71 SH   SOLE   0 0 71
EMERSON ELEC CO. COM 291011104   105,265 1,208 SH   SOLE   0 0 1,208
ENEL SPA - UNSPON ADR ADR 29265W207   28,388 4,700 SH   SOLE   0 0 4,700
ENI S P A ADR 26874R108   19,600 700 SH   SOLE   0 0 700
ENI SPA COM 007145056   90,931 6,485 SH   SOLE   0 0 6,485
EOG RESOURCES INC. COM 26875P101   1,536,042 13,400 SH   SOLE   9,700 0 3,700
EQT CORP COM 26884L109   271,235 8,500 SH   SOLE   8,500 0 0
EQUINIX INC COM 29444U700   142,045 197 SH   SOLE   0 0 197
EQUITY LIFESTYLE PPTYS COM 29472R108   946,533 14,100 SH   SOLE   9,600 0 4,500
ESSENTIAL UTILITIES INC COM 29670G102   1,209,105 27,700 SH   SOLE   20,900 0 6,800
EURONEXT NV COM 00BNBNSG0   843,498 11,000 SH   SOLE   2,100 0 8,900
EXELON CORP. COM 30161N101   959,490 22,905 SH   SOLE   14,800 0 8,105
EXPEDITORS INT'L COM 302130109   154,168 1,400 SH   SOLE   1,400 0 0
EXPERIAN PLC COM 00B19NLV4   851,840 25,900 SH   SOLE   4,900 0 21,000
EXXON MOBIL CORP. COM 30231G102   3,147,461 28,702 SH   SOLE   19,800 0 8,902
F M C CORP. COM 302491303   928,188 7,600 SH   SOLE   5,700 0 1,900
FACTSET RESH SYS COM 303075105   332,072 800 SH   SOLE   800 0 0
FANUC CORP-UNSP ADR ADR 307305102   26,925 1,500 SH   SOLE   0 0 1,500
FAURECIA COM 004400446   40,348 1,862 SH   SOLE   0 0 1,862
FED AGRIC MTG COM 313148306   932,330 7,000 SH   SOLE   4,800 0 2,200
FEDEX CORPORATION COM 31428X106   1,645,128 7,200 SH   SOLE   4,900 0 2,300
FIDELITY NAT'L INFO SVCS COM 31620M106   642,018 11,817 SH   SOLE   7,600 0 4,217
FIFTH THIRD BANCORP COM 316773100   48,591 1,824 SH   SOLE   0 0 1,824
FIRST FOUNDATION INC. COM 32026V104   82,695 11,100 SH   SOLE   11,100 0 0
FISERV INC. COM 337738108   1,785,874 15,800 SH   SOLE   11,500 0 4,300
FIVE BELOW COM 33829M101   267,761 1,300 SH   SOLE   1,300 0 0
FORD MOTOR CO. COM 345370860   894,600 71,000 SH   SOLE   48,600 0 22,400
FRESENIUS MEDICAL CARE ADR 358029106   12,756 600 SH   SOLE   0 0 600
FRESENIUS MEDICAL CARE AG & COM 005129074   51,553 1,217 SH   SOLE   0 0 1,217
FUJITSU LTD - UNSPON ADR ADR 359590304   18,893 700 SH   SOLE   0 0 700
GALP ENERGIA SGPS-UNSPON ADR ADR 364097105   17,406 3,100 SH   SOLE   0 0 3,100
GE HEALTHCARE TECHNOLOG-W/I COM 36266G107   63,819 778 SH   SOLE   0 0 778
GENERAL DYNAMICS COM 369550108   982,672 4,306 SH   SOLE   2,400 0 1,906
GENERAL ELECTRIC CO. COM 369604301   227,910 2,384 SH   SOLE   0 0 2,384
GENERAL MTRS CO COM 37045V100   850,976 23,200 SH   SOLE   15,900 0 7,300
GILEAD SCIENCES INC. COM 375558103   356,771 4,300 SH   SOLE   4,300 0 0
GLAXOSMITHKLINE PLC ADR 37733W105   35,580 1,000 SH   SOLE   0 0 1,000
GLENCORE PLC -UNSP ADR ADR 37827X100   29,744 2,600 SH   SOLE   0 0 2,600
GLOBAL MEDICAL REIT INC COM 37954A204   701,470 77,000 SH   SOLE   52,700 0 24,300
GLOBE LIFE INC COM 37959E102   935,170 8,500 SH   SOLE   5,800 0 2,700
GOLD FIELDS LTD ADR 38059T106   151,062 11,341 SH   SOLE   0 0 11,341
GOLDMAN SACHS GROUP COM 38141G104   1,407,227 4,302 SH   SOLE   2,600 0 1,702
GREIF BROS CORP A COM 397624107   830,147 13,100 SH   SOLE   9,000 0 4,100
GROUPE BRUXELLES LAMBERT SA BX COM 00BHZLGZ3   1,041,499 12,220 SH   SOLE   2,965 0 9,255
GSK PLC COM 00BN7SWP6   118,862 6,727 SH   SOLE   0 0 6,727
H & E EQUIPMENT SVCS COM 404030108   743,064 16,800 SH   SOLE   11,500 0 5,300
HALEON PLC COM 00BMX86B7   33,479 8,409 SH   SOLE   0 0 8,409
HARTFORD FINCL. SRV COM 416515104   905,970 13,000 SH   SOLE   8,900 0 4,100
HCA INC. COM 40412C101   949,248 3,600 SH   SOLE   2,500 0 1,100
HDFC BANK LTD ADR 40415F101   33,335 500 SH   SOLE   0 0 500
HENKEL KGAA-SPONS ADR PFD ADR 42550U208   587,427 30,109 SH   SOLE   5,816 0 24,293
HENRY JACK & ASSOC COM 426281101   150,720 1,000 SH   SOLE   1,000 0 0
HESS CORP. COM 42809H107   1,098,422 8,300 SH   SOLE   5,700 0 2,600
HITACHI LIMITED ADR 433578507   152,171 1,384 SH   SOLE   0 0 1,384
HOME DEPOT INC. COM 437076102   3,007,273 10,190 SH   SOLE   7,290 0 2,900
HONDA MOTOR ADR 438128308   29,139 1,100 SH   SOLE   0 0 1,100
HONDA MOTOR CO COM 006435145   105,730 4,009 SH   SOLE   0 0 4,009
HONEYWELL INT'L COM 438516106   1,081,166 5,657 SH   SOLE   5,300 0 357
HONG KONG EXCHANGES & CLEAR COM 006267359   58,950 1,329 SH   SOLE   0 0 1,329
HOYA CORP-SP ADR ADR 443251103   567,287 5,096 SH   SOLE   972 0 4,124
HUMANA INC. COM 444859102   242,730 500 SH   SOLE   500 0 0
HUNTINGTON INGALLS INDUS COM 446413106   600,358 2,900 SH   SOLE   2,000 0 900
IBERDROLA SA COM 00B288C92   1,685,699 135,095 SH   SOLE   25,595 0 109,500
IMERYS SA COM 00B011GL4   87,952 2,034 SH   SOLE   0 0 2,034
IMPERIAL BRANDS PLC COM 000454492   98,574 4,277 SH   SOLE   0 0 4,277
IMPERIAL BRANDS PLC-SPON ADR ADR 45262P102   27,702 1,200 SH   SOLE   0 0 1,200
INFINEON TECHNOLOGIES AG COM 005889505   1,697,593 41,468 SH   SOLE   7,868 0 33,600
ING GROEP ADR ADR 456837103   36,797 3,100 SH   SOLE   0 0 3,100
ING GROEP NV-CVA COM 00BZ57390   855,729 72,062 SH   SOLE   12,509 0 59,553
INGREDION INC COM 457187102   996,954 9,800 SH   SOLE   6,700 0 3,100
INPEX CORP. COM 00B10RB15   118,287 11,269 SH   SOLE   0 0 11,269
INT'L FLAV & FRA COM 459506101   137,940 1,500 SH   SOLE   1,500 0 0
INTEL CORP. COM 458140100   98,075 3,002 SH   SOLE   0 0 3,002
INTERCONTINENTALEXCH COM 45866F104   383,891 3,681 SH   SOLE   3,200 0 481
INTESA SANPAOLO COM 004076836   1,226,676 476,400 SH   SOLE   90,300 0 386,100
INTUITIVE SURGICAL INC COM 46120E602   204,376 800 SH   SOLE   800 0 0
IQVIA HOLDINGS INC. COM 46266C105   79,158 398 SH   SOLE   0 0 398
ITOCHU CORP COM 006467803   132,401 4,097 SH   SOLE   0 0 4,097
ITOCHU CORP ADR 465717106   32,505 500 SH   SOLE   0 0 500
JAPAN POST BANK CO LTD COM 00BYT8165   85,743 10,537 SH   SOLE   0 0 10,537
JARDINE MATHESON HD ADR ADR 471115402   30,928 633 SH   SOLE   122 0 511
JM SMUCKER CO COM 832696405   251,792 1,600 SH   SOLE   1,600 0 0
JOHNSON & JOHNSON COM 478160104   5,014,250 32,350 SH   SOLE   23,350 0 9,000
JPMORGAN CHASE & CO COM 46625H100   5,732,467 43,991 SH   SOLE   30,750 0 13,241
KB FINANCIAL GROUP ADR 48241A105   14,568 400 SH   SOLE   0 0 400
KBC GROEP NV COM 004497749   915,565 13,313 SH   SOLE   2,500 0 10,813
KDDI CORP COM 006248990   984,116 32,000 SH   SOLE   6,000 0 26,000
KDDI CORP-UNSPONSORED ADR ADR 48667L106   610,709 39,605 SH   SOLE   5,690 0 33,915
KELLOGG CO COM 487836108   97,561 1,457 SH   SOLE   0 0 1,457
KERING COM 005505072   1,499,953 2,301 SH   SOLE   400 0 1,901
KEYENCE CORP COM 006490995   968,518 2,000 SH   SOLE   0 0 2,000
KKR & CO. COM 48251W104   76,364 1,454 SH   SOLE   0 0 1,454
KONINKLIJKE AHOLD DELHAIZE N COM 00BD0Q398   1,239,512 36,230 SH   SOLE   6,900 0 29,330
KONINKLIJKE DSM NV ADR N5017D122   20,422 175 SH   SOLE   0 0 175
KONINKLIJKE PHILIPS ELEC ADR 500472303   16,515 900 SH   SOLE   0 0 900
KUBOTA CORP COM 006497509   1,441,911 96,000 SH   SOLE   18,000 0 78,000
KUBOTA CORP-SPONS ADR ADR 501173207   30,346 400 SH   SOLE   0 0 400
KYOCERA CORP COM 006499260   1,086,843 21,000 SH   SOLE   4,000 0 17,000
L3HARRIS TECHNOLOGIES INC COM 502431109   1,255,936 6,400 SH   SOLE   4,700 0 1,700
LABORATORY AMER H COM 50540R409   367,301 1,601 SH   SOLE   1,100 0 501
LANXESS AG COM 00B05M8B7   52,319 1,276 SH   SOLE   0 0 1,276
LAUDER ESTEE COS. COM 518439104   197,168 800 SH   SOLE   800 0 0
LAWSON INC. COM 006266914   79,203 1,879 SH   SOLE   0 0 1,879
LEAR CORP. COM 521865204   56,772 407 SH   SOLE   0 0 407
LEGAL & GENERAL GROUP PLC COM 000560399   68,164 23,076 SH   SOLE   0 0 23,076
LEGRAND SA COM 00B11ZRK9   1,342,826 14,700 SH   SOLE   2,800 0 11,900
LIBERTY BROADBAND COM 530307305   882,360 10,800 SH   SOLE   7,400 0 3,400
LINDE PLC ADR G54950103   1,598,414 4,497 SH   SOLE   800 0 3,697
LIVE NATION INC COM 538034109   66,010 943 SH   SOLE   0 0 943
LOCKHEED MARTIN COM 539830109   3,450,929 7,300 SH   SOLE   5,000 0 2,300
LONDON STOCK EXCHANGE GP COM 00B0SWJX3   1,021,481 10,500 SH   SOLE   2,000 0 8,500
LONDON STOCK EXCHG ADR ADR 54211N101   19,680 800 SH   SOLE   0 0 800
LONZA GROUP AG-REG COM 007333378   1,977,363 3,300 SH   SOLE   600 0 2,700
LOWES COS INC. COM 548661107   504,524 2,523 SH   SOLE   1,800 0 723
LVMH MOET HENNESSY LOU ADR 502441306   73,492 400 SH   SOLE   0 0 400
LVMH MOET HENNESSY LOUIS VUI COM 004061412   2,476,975 2,700 SH   SOLE   500 0 2,200
M&G PLC COM 00BKFB1C6   986,106 402,793 SH   SOLE   70,300 0 332,493
MACQUARIE GROUP LTD COM 00B28YTC2   82,942 705 SH   SOLE   0 0 705
MACQUARIE GROUP LTD-ADR ADR 55607P204   35,565 300 SH   SOLE   0 0 300
MARATHON PETROLEUM CORP COM 56585A102   1,968,518 14,600 SH   SOLE   10,000 0 4,600
MARKEL CORP. COM 570535104   1,532,892 1,200 SH   SOLE   900 0 300
MARKETAXESS HOLDINGS COM 57060D108   195,645 500 SH   SOLE   500 0 0
MARRIOTT INTL NEW-A COM 571903202   996,240 6,000 SH   SOLE   4,100 0 1,900
MASCO CORP. COM 574599106   1,098,812 22,100 SH   SOLE   15,100 0 7,000
MASTERCARD INC. COM 57636Q104   617,434 1,699 SH   SOLE   1,485 0 214
MCDONALDS CORP. COM 580135101   137,848 493 SH   SOLE   0 0 493
MCKESSON CORP COM 58155Q103   961,335 2,700 SH   SOLE   2,700 0 0
MEDTRONIC INC. ADR G5960L103   1,507,594 18,700 SH   SOLE   13,500 0 5,200
MERCK & CO. INC. COM 58933Y105   3,105,311 29,188 SH   SOLE   19,000 0 10,188
MERCK KGAA COM 004741844   802,182 4,304 SH   SOLE   800 0 3,504
META PLATFORMS INC CL A COM 30303M102   106,182 501 SH   SOLE   0 0 501
METLIFE INC COM 59156R108   944,422 16,300 SH   SOLE   12,300 0 4,000
MICHELIN (CGDE) COM 00BPBPJ01   1,079,408 35,300 SH   SOLE   6,700 0 28,600
MICROCHIP TECH COM 595017104   402,144 4,800 SH   SOLE   4,800 0 0
MICROSOFT CORP. COM 594918104   8,504,850 29,500 SH   SOLE   22,600 0 6,900
MID-AMER APART CMNTY COM 59522J103   60,114 398 SH   SOLE   0 0 398
MILLERKNOLL INC COM 600544100   748,470 36,600 SH   SOLE   25,000 0 11,600
MITSUBISHI CORP COM 006596785   111,305 3,118 SH   SOLE   0 0 3,118
MITSUBISHI UFJ FINCL GP COM 006335171   99,029 15,544 SH   SOLE   0 0 15,544
MITSUBISHI UFJ FINL-SPON ADR ADR 606822104   37,701 5,900 SH   SOLE   0 0 5,900
MIZUHO FINANCIAL GROUP COM 006591014   90,295 6,399 SH   SOLE   0 0 6,399
MONDELEZ INTERNATIONAL CL A COM 609207105   1,643,022 23,566 SH   SOLE   14,200 0 9,366
MOODYS CORP COM 615369105   336,622 1,100 SH   SOLE   1,100 0 0
MORGAN STANLEY COM 617446448   1,369,680 15,600 SH   SOLE   10,700 0 4,900
MOSAIC CO. COM 61945C103   256,928 5,600 SH   SOLE   5,600 0 0
MUENCHENER RUECK-UNSPON ADR ADR 626188106   109,953 3,146 SH   SOLE   0 0 3,146
MUENCHENER RUECKVER AG-REG COM 005294121   770,836 2,200 SH   SOLE   400 0 1,800
MURATA MANUFACTUR-UNSP ADR ADR 626425102   24,352 1,600 SH   SOLE   0 0 1,600
NATIONAL GRID PLC COM 00BDR05C0   1,473,435 108,679 SH   SOLE   18,600 0 90,079
NATIONAL GRID PLC ADR 636274409   89,475 1,316 SH   SOLE   0 0 1,316
NESTLE S A ADR 641069406   3,976,829 32,680 SH   SOLE   5,771 0 26,909
NETFLIX COM INC COM 64110L106   967,344 2,800 SH   SOLE   1,900 0 900
NEWMONT CORP COM 651639106   686,280 14,000 SH   SOLE   9,600 0 4,400
NEXTERA ENERGY INC COM 65339F101   1,641,804 21,300 SH   SOLE   16,400 0 4,900
NIKE INC B COM 654106103   1,112,222 9,069 SH   SOLE   6,500 0 2,569
NINTENDO CO LTD-UNSPONS ADR ADR 654445303   19,380 2,000 SH   SOLE   0 0 2,000
NIPPON TELEGRAPH & TELE-ADR ADR 654624105   712,718 23,789 SH   SOLE   4,383 0 19,406
NIPPON TELEGRAPH & TELEPHONE COM 006641373   146,733 4,929 SH   SOLE   0 0 4,929
NISSAN MOTOR CO LTD COM 006642860   64,982 17,259 SH   SOLE   0 0 17,259
NITORI HOLDINGS CO LTD COM 006644800   837,854 7,000 SH   SOLE   1,000 0 6,000
NORDSTROM INC. COM 655664100   136,782 8,407 SH   SOLE   0 0 8,407
NORSK HYDRO ASA COM 00B11HK39   84,322 11,351 SH   SOLE   0 0 11,351
NORTHROP GRUMMAN COM 666807102   230,860 500 SH   SOLE   500 0 0
NOV INC. COM 62955J103   170,977 9,237 SH   SOLE   0 0 9,237
NOVARTIS A G ADR 66987V109   378,396 4,113 SH   SOLE   0 0 4,113
NOVARTIS AG-REG COM 007103065   863,135 9,414 SH   SOLE   1,800 0 7,614
NOVO-NORDISK A S ADR 670100205   4,201,296 26,400 SH   SOLE   4,900 0 21,500
NOVOZYMES A/S-B SHARES COM 00B798FW0   777,896 15,200 SH   SOLE   2,900 0 12,300
NVIDIA CORP COM 67066G104   721,369 2,597 SH   SOLE   2,200 0 397
NXP SEMICONDUCTORS NV ADR N6596X109   18,647 100 SH   SOLE   0 0 100
O'REILLY AUTO COM 67103H107   424,490 500 SH   SOLE   500 0 0
OCCIDENTAL PETRO. COM 674599105   162,318 2,600 SH   SOLE   2,600 0 0
ORACLE SYSTEMS COM 68389X105   2,081,408 22,400 SH   SOLE   16,100 0 6,300
ORANGE S.A. ADR 684060106   103,576 8,682 SH   SOLE   0 0 8,682
ORIX - SPON ADR ADR 686330101   1,222,992 14,900 SH   SOLE   2,800 0 12,100
OSHKOSH TRUCK CORP COM 688239201   815,164 9,800 SH   SOLE   6,700 0 3,100
PARAMOUNT GLOBAL-CLASS B COM 92556H206   53,544 2,400 SH   SOLE   0 0 2,400
PARKER HANNIFIN COM 701094104   1,075,552 3,200 SH   SOLE   2,200 0 1,000
PAYCHEX INC. COM 704326107   1,111,179 9,697 SH   SOLE   6,300 0 3,397
PAYPAL HOLDINGS INC COM 70450Y103   215,214 2,834 SH   SOLE   2,550 0 284
PEABODY ENERGY CORP COM 704551100   99,840 3,900 SH   SOLE   3,900 0 0
PENN ENTERTAINMENT INC. COM 707569109   26,249 885 SH   SOLE   0 0 885
PEPSICO INC. COM 713448108   3,465,705 19,011 SH   SOLE   13,470 0 5,541
PERKINELMER INC. COM 714046109   319,824 2,400 SH   SOLE   2,400 0 0
PERNOD RICARD SA COM 004682329   862,527 3,804 SH   SOLE   700 0 3,104
PERSIMMON PLC COM 000682538   854,140 55,000 SH   SOLE   10,400 0 44,600
PFIZER INC. COM 717081103   1,812,866 44,433 SH   SOLE   29,400 0 15,033
PG&E CORP COM 69331C108   983,136 60,800 SH   SOLE   41,600 0 19,200
PHILIP MORRIS INT'L COM 718172109   1,089,200 11,200 SH   SOLE   7,600 0 3,600
PHILLIPS 66 COM 718546104   811,040 8,000 SH   SOLE   5,500 0 2,500
PILGRIMS PRIDE COM 72147K108   129,808 5,600 SH   SOLE   5,600 0 0
PIONEER NAT RES CO COM 723787107   149,299 731 SH   SOLE   0 0 731
PLAINS ALL AMER PIPELINE LP COM 726503105   176,600 14,162 SH   SOLE   0 0 14,162
PNC FINCL SVCS COM 693475105   2,046,310 16,100 SH   SOLE   11,500 0 4,600
POSCO-ADR ADR 693483109   27,876 400 SH   SOLE   0 0 400
PROCTOR & GAMBLE COM 742718109   1,827,846 12,293 SH   SOLE   7,800 0 4,493
PROGRESSIVE CORP. COM 743315103   557,934 3,900 SH   SOLE   3,900 0 0
PROLOGIS TR COM 74340W103   991,422 7,946 SH   SOLE   4,650 0 3,296
PRUDENTIAL PLC COM 000709954   1,990,712 146,100 SH   SOLE   27,700 0 118,400
PRUDENTIAL PLC-ADR ADR 74435K204   51,946 1,900 SH   SOLE   0 0 1,900
PUBLICIS GROUPE-ADR ADR 74463M106   17,577 900 SH   SOLE   0 0 900
QUALCOMM INC. COM 747525103   178,612 1,400 SH   SOLE   1,400 0 0
QUALYS INC COM 74758T303   169,026 1,300 SH   SOLE   1,300 0 0
QUANTA SVCS INC COM 74762E102   216,632 1,300 SH   SOLE   1,300 0 0
RANGE RES CORP COM 75281A109   195,878 7,400 SH   SOLE   7,400 0 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101   490,923 5,013 SH   SOLE   3,400 0 1,613
RECKITT BENCKISER GROUP PLC COM 00B24CGK7   959,371 12,600 SH   SOLE   2,400 0 10,200
RECKITT BENCKISER-SPON ADR ADR 756255204   131,312 8,486 SH   SOLE   0 0 8,486
RED ELECTRICA CORPORACION SA COM 00BD6FXN3   77,161 4,384 SH   SOLE   0 0 4,384
REGENERON PHARM. COM 75886F107   246,501 300 SH   SOLE   300 0 0
RELX PLC - SPON ADR ADR 759530108   1,849,080 57,000 SH   SOLE   10,800 0 46,200
RENAULT SA COM 004712798   99,512 2,436 SH   SOLE   0 0 2,436
REPUBLIC SVCS COM 760759100   1,725,678 12,762 SH   SOLE   9,100 0 3,662
RIO TINTO PLC COM 000718875   1,192,096 17,600 SH   SOLE   3,300 0 14,300
ROCHE HOLDING AG-GENUSSCHEIN COM 007110388   2,144,615 7,508 SH   SOLE   1,386 0 6,122
ROCHE HOLDINGS ADR 771195104   206,446 5,757 SH   SOLE   0 0 5,757
ROPER INDS INC. COM 776696106   352,552 800 SH   SOLE   800 0 0
ROSS STORES INC COM 778296103   424,520 4,000 SH   SOLE   4,000 0 0
RWE AKTIENGESELLSCHAF-SP ADR ADR 74975E303   21,510 500 SH   SOLE   0 0 500
RYANAIR HLDGS PLC ADR 783513203   792,036 8,400 SH   SOLE   1,500 0 6,900
SALESFORCE COM INC COM 79466L302   89,901 450 SH   SOLE   0 0 450
SANOFI AVENTIS ADR 80105N105   393,239 7,226 SH   SOLE   0 0 7,226
SAP AG COM 004846288   83,546 662 SH   SOLE   0 0 662
SAP AG - SPONSORED ADR ADR 803054204   1,974,180 15,600 SH   SOLE   2,900 0 12,700
SCHEIN HENRY COM 806407102   195,696 2,400 SH   SOLE   2,400 0 0
SCHINDLER HDG-PART CERT COM 00B11TCY0   81,190 367 SH   SOLE   0 0 367
SCHNEIDER ELECTRIC SA ADR 80687P106   139,619 4,189 SH   SOLE   0 0 4,189
SEI INVESTMENTS CO. COM 784117103   161,140 2,800 SH   SOLE   2,800 0 0
SERVICE CORP INT'L COM 817565104   254,486 3,700 SH   SOLE   3,700 0 0
SEVEN & I HLDGS-UNSPN ADR ADR 81783H105   876,424 38,797 SH   SOLE   7,409 0 31,388
SGS SA-REG COM 004824778   880,521 400 SH   SOLE   100 0 300
SHELL PLC COM 00BP6MXD8   3,191,107 111,774 SH   SOLE   20,100 0 91,674
SHELL PLC-ADR ADR 780259305   64,330 1,118 SH   SOLE   0 0 1,118
SHIMANO INC COM 006804820   1,029,679 6,000 SH   SOLE   1,000 0 5,000
SHIN-ETSU CHEM-UNSPON ADR ADR 824551105   20,210 500 SH   SOLE   0 0 500
SHIN-ETSU CHEMICAL CO LTD COM 006804585   1,284,845 40,000 SH   SOLE   10,000 0 30,000
SHIONOGI & CO LTD COM 006804682   718,551 16,000 SH   SOLE   3,000 0 13,000
SIEMENS AG-SP ADR ADR 826197501   125,715 1,553 SH   SOLE   0 0 1,553
SIKA AG-REG COM 00BF2DSG3   1,231,423 4,403 SH   SOLE   800 0 3,603
SIMON PPTY GP COM 828806109   1,057,557 9,445 SH   SOLE   6,010 0 3,435
SK TELECOM LTD ADR 78440P108   22,561 1,100 SH   SOLE   0 0 1,100
SKANDINAVISKA ENSKILDA BAN-A COM 004813345   838,088 76,000 SH   SOLE   14,400 0 61,600
SMC CORP COM 006763965   1,049,365 2,000 SH   SOLE   0 0 2,000
SMITHS GROUP PLC- SPON ADR ADR 83238P203   19,071 900 SH   SOLE   0 0 900
SNAM SPA COM 007251470   130,635 24,594 SH   SOLE   0 0 24,594
SNAP-ON INC. COM 833034101   1,012,249 4,100 SH   SOLE   2,800 0 1,300
SOCIETE GENERALE COM 005966516   62,123 2,751 SH   SOLE   0 0 2,751
SOFTBANK CORP. COM 00BF5M0K5   77,719 6,765 SH   SOLE   0 0 6,765
SOFTBANK GROUP CORP-UNSP ADR ADR 83404D109   717,225 36,500 SH   SOLE   6,900 0 29,600
SONY GROUP CORP - SP ADR ADR 835699307   27,195 300 SH   SOLE   0 0 300
SSE PLC COM 000790873   91,045 4,084 SH   SOLE   0 0 4,084
SSE PLC-SPN ADR ADR 78467K107   26,712 1,200 SH   SOLE   0 0 1,200
STANDARD CHARTERED PLC COM 000408284   113,557 14,953 SH   SOLE   0 0 14,953
STELLANTIS NV ADR N82405106   103,410 5,685 SH   SOLE   0 0 5,685
STRYKER CORP. COM 863667101   513,846 1,800 SH   SOLE   1,800 0 0
SUMITOMO MITSUI FINCL GP COM 006563024   1,252,189 31,456 SH   SOLE   5,000 0 26,456
SUMITOMO MITSUI-SPONS ADR ADR 86562M209   50,400 6,300 SH   SOLE   0 0 6,300
SUNTORY BEVERAGE & FOOD-UADR ADR 86803T104   924,787 49,693 SH   SOLE   9,541 0 40,152
SVENSKA HANDELSBANKEN-A SHS COM 00BXDZ9Q1   853,309 98,491 SH   SOLE   18,700 0 79,791
SWIRE PACIFIC LTD - CL A COM 006867748   113,803 14,815 SH   SOLE   0 0 14,815
SYMRISE AG COM 00B1JB4K8   1,065,544 9,788 SH   SOLE   1,700 0 8,088
SYMRISE AG-UNSPON ADR ADR 87155N109   32,592 1,200 SH   SOLE   0 0 1,200
T ROWE PRICE GP COM 74144T108   1,083,840 9,600 SH   SOLE   7,200 0 2,400
T-MOBILE US INC COM 872590104   188,292 1,300 SH   SOLE   1,300 0 0
TAKEDA PHARMACEUTIC-SP ADR ADR 874060205   41,200 2,500 SH   SOLE   0 0 2,500
TAKEDA PHARMACEUTICAL CO LTD COM 006870445   1,070,651 32,757 SH   SOLE   6,000 0 26,757
TARGET CORP. COM 87612E106   1,486,529 8,975 SH   SOLE   5,800 0 3,175
TECHTRONIC INDUSTRIES-SP ADR ADR 87873R101   449,324 8,344 SH   SOLE   1,489 0 6,855
TELENOR ASA-ADR ADR 87944W105   79,189 6,728 SH   SOLE   0 0 6,728
TELIA CO AB COM 005978384   55,662 21,888 SH   SOLE   0 0 21,888
TERNA-RETE ELETTRICA NAZIONA COM 00B01BN57   1,047,238 127,400 SH   SOLE   24,100 0 103,300
TERUMO CORP COM 006885074   886,182 33,000 SH   SOLE   6,000 0 27,000
TESCO PLC COM 00BLGZ986   4,594,849 1,398,631 SH   SOLE   253,100 0 1,145,531
TESLA MOTORS COM 88160R101   376,747 1,816 SH   SOLE   1,450 0 366
TEXAS INSTRS INC. COM 882508104   1,953,105 10,500 SH   SOLE   7,200 0 3,300
TIM SA-ADR ADR 88706T108   22,248 1,800 SH   SOLE   0 0 1,800
TJX COMPANIES INC. COM 872540109   596,320 7,610 SH   SOLE   6,600 0 1,010
TOKIO MARINE HOLDINGS ADR 889094108   121,170 6,288 SH   SOLE   0 0 6,288
TOTALENERGIES SE -SPON ADR ADR 89151E109   2,049,035 34,700 SH   SOLE   6,200 0 28,500
TOYOTA INDUSTRIES CORP COM 006900546   1,159,742 21,000 SH   SOLE   4,000 0 17,000
TOYOTA MOTOR CORP ADR 892331307   101,025 713 SH   SOLE   0 0 713
TRAVELERS COMPANIES COM 89417E109   754,204 4,400 SH   SOLE   3,000 0 1,400
TREND MICRO INC-SPON ADR ADR 89486M206   711,537 14,536 SH   SOLE   2,784 0 11,752
TRIMBLE NAVIGATION LTD COM 896239100   93,989 1,793 SH   SOLE   0 0 1,793
TRUIST FINANCIAL CORP. COM 89832Q109   957,630 28,083 SH   SOLE   18,500 0 9,583
TYSON FOOD CL A COM 902494103   154,232 2,600 SH   SOLE   2,600 0 0
UBS AG-REG COM 00BRJL176   1,202,946 56,970 SH   SOLE   10,776 0 46,194
UNICREDIT SPA-ADR ADR 904678406   33,768 3,600 SH   SOLE   0 0 3,600
UNILEVER PLC ADR 904767704   1,282,671 24,700 SH   SOLE   4,400 0 20,300
UNION PACIFIC CORP. COM 907818108   1,408,820 7,000 SH   SOLE   5,600 0 1,400
UNITED HEALTHCARE COM 91324P102   3,045,843 6,445 SH   SOLE   5,245 0 1,200
UNITED OVERSEAS BANK-SP ADR ADR 911271302   103,522 2,301 SH   SOLE   0 0 2,301
UNITED PARCEL SERVICE COM 911312106   179,247 924 SH   SOLE   0 0 924
UNITED RENTALS COM 911363109   319,774 808 SH   SOLE   500 0 308
US BANCORP COM 902973304   1,679,930 46,600 SH   SOLE   33,900 0 12,700
VALEO SA COM 00BDC5ST8   63,853 3,108 SH   SOLE   0 0 3,108
VALEO SA-SPON ADR ADR 919134304   17,340 1,700 SH   SOLE   0 0 1,700
VALERO ENERGY NEW COM 91913Y100   795,720 5,700 SH   SOLE   3,900 0 1,800
VALVOLINE INC COM 92047W101   1,173,984 33,600 SH   SOLE   23,000 0 10,600
VERISK ANALYTICS INC COM 92345Y106   191,860 1,000 SH   SOLE   1,000 0 0
VERIZON COMM. COM 92343V104   2,059,148 52,948 SH   SOLE   33,300 0 19,648
VINCI S.A.- ADR ADR 927320101   135,324 4,725 SH   SOLE   0 0 4,725
VIPSHOP HOLDINGS LTD - ADR ADR 92763W103   18,216 1,200 SH   SOLE   0 0 1,200
VISA INC COM 92826C839   2,026,885 8,990 SH   SOLE   7,690 0 1,300
VISTRY GROUP PLC COM 000185929   51,518 5,335 SH   SOLE   0 0 5,335
VODAFONE GP PLC ADR 92857W209   90,131 8,164 SH   SOLE   0 0 8,164
VOLKSWAGEN A G-UNSPON ADR ADR 928662600   10,260 600 SH   SOLE   0 0 600
VONOVIA SE COM 00BBJPFY1   27,634 1,466 SH   SOLE   0 0 1,466
VOYA FINANCIAL INC. COM 929089100   1,087,192 15,214 SH   SOLE   8,720 0 6,494
WALMART STORES INC. COM 931142103   1,579,484 10,712 SH   SOLE   7,000 0 3,712
WARNER BROS DISCOVERY COM 934423104   13,590 900 SH   SOLE   0 0 900
WATSCO INC. COM 942622200   986,296 3,100 SH   SOLE   2,100 0 1,000
WELLS FARGO & CO COM 949746101   1,712,079 45,802 SH   SOLE   31,600 0 14,202
WELLTOWER INC. COM 95040Q104   74,414 1,038 SH   SOLE   0 0 1,038
WEX INC. COM 96208T104   88,267 480 SH   SOLE   0 0 480
WEYERHAEUSER CO. COM 962166104   732,159 24,300 SH   SOLE   16,600 0 7,700
WILLIAMS COS. COM 969457100   1,024,198 34,300 SH   SOLE   25,800 0 8,500
WOODSIDE ENERGY GROUP COM 00BMGT167   1,094,725 49,026 SH   SOLE   9,292 0 39,734
WOOLWORTHS GROUP LTD COM 006981239   1,182,873 46,600 SH   SOLE   8,800 0 37,800
WPP PLC COM 00B8KF9B4   936,356 79,000 SH   SOLE   15,000 0 64,000
WPP PLC ADR 92937A102   76,959 1,293 SH   SOLE   0 0 1,293
WYNN RESORTS LTD COM 983134107   102,174 913 SH   SOLE   0 0 913
XYLEM INC COM 98419M100   70,254 671 SH   SOLE   0 0 671
YPF S.A. ADR 984245100   196,410 17,888 SH   SOLE   0 0 17,888
ZURICH FINANCIAL SVCS-ADR ADR 989825104   193,513 4,045 SH   SOLE   0 0 4,045
ZURICH INSURANCE GROUP AG COM 005983816   958,240 2,000 SH   SOLE   400 0 1,600