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
3M CO COM 88579Y101 148,880 1,246,782 SH   SOLE 1,246,782 0 0
51JOB INC SP ADR REP COM 316827104 43,523 606,005 SH   SOLE 606,005 0 0
ABBOTT LABS COM 002824100 117,315 3,534,288 SH   SOLE 3,534,288 0 0
ALLERGAN INC COM 018490102 150,338 1,662,075 SH   SOLE 1,662,075 0 0
ALLSTATE CORP COM 020002101 155 3,058 SH   SOLE 3,058 0 0
AMAZON COM INC COM 023135106 201,176 643,365 SH   SOLE 643,365 0 0
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 145,813 7,359,205 SH   SOLE 7,359,205 0 0
AMERICAN EXPRESS CO COM 025816109 138,999 1,840,504 SH   SOLE 1,840,504 0 0
AMETEK INC NEW COM 031100100 508 11,040 SH   SOLE 11,040 0 0
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 193,112 1,949,452 SH   SOLE 1,949,452 0 0
ARM HLDGS PLC SPONSORED ADR 042068106 273,491 5,661,511 SH   SOLE 5,661,511 0 0
AVERY DENNISON CORP COM 053611109 26 600 SH   SOLE 600 0 0
BAIDU INC SPON ADR REP A 056752108 308,367 1,978,724 SH   SOLE 1,978,724 0 0
BANCO BILBAO VIZCAYA ARGENTA SPONSORED ADR 05946K101 57,073 5,013,108 SH   SOLE 5,013,108 0 0
BANCO BRADESCO S A SP ADR PFD NEW 059460303 61,515 4,431,925 SH   SOLE 4,431,925 0 0
BANCO SANTANDER CHILE NEW SP ADR REP COM 05965X109 28,991 1,102,729 SH   SOLE 1,102,729 0 0
BANCOLOMBIA S A SPON ADR PREF 05968L102 1,611 28,000 SH   SOLE 28,000 0 0
BORGWARNER INC COM 099724106 156,104 1,539,620 SH   SOLE 1,539,620 0 0
BUNGE LIMITED COM G16962105 388,007 5,109,624 SH   SOLE 5,109,624 0 0
CANADIAN NATL RY CO COM 136375102 225,986 2,223,333 SH   SOLE 2,223,333 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 22,359 396,234 SH   SOLE 396,234 0 0
CITRIX SYS INC COM 177376100 192,744 2,729,607 SH   SOLE 2,729,607 0 0
CNOOC LTD SPONSORED ADR 126132109 57,653 285,693 SH   SOLE 285,693 0 0
COACH INC COM 189754104 271,500 4,979,019 SH   SOLE 4,979,019 0 0
COCA COLA FEMSA S A B DE C V SPON ADR REP L 191241108 117,975 936,309 SH   SOLE 936,309 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 122,316 1,489,357 SH   SOLE 1,489,357 0 0
COLGATE PALMOLIVE CO COM 194162103 208,892 3,522,305 SH   SOLE 3,522,305 0 0
COMPANHIA DE BEBIDAS DAS AME SPON ADR PFD 20441W203 57,200 1,491,532 SH   SOLE 1,491,532 0 0
COPA HOLDINGS SA CL A P31076105 54,964 396,367 SH   SOLE 396,367 0 0
CREDICORP LTD COM G2519Y108 48,850 380,274 SH   SOLE 380,274 0 0
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 19,743 338,300 SH   SOLE 338,300 0 0
E M C CORP MASS COM 268648102 120,432 4,711,547 SH   SOLE 4,711,547 0 0
EBAY INC COM 278642103 340,233 6,098,327 SH   SOLE 6,098,327 0 0
ECOPETROL S A SPONSORED ADS 279158109 32,799 713,019 SH   SOLE 713,019 0 0
EMERSON ELEC CO COM 291011104 191,749 2,963,462 SH   SOLE 2,963,462 0 0
EXXON MOBIL CORP COM 30231G102 145,500 1,691,079 SH   SOLE 1,691,079 0 0
F5 NETWORKS INC COM 315616102 135,603 1,580,806 SH   SOLE 1,580,806 0 0
FIRST CASH FINL SVCS INC COM 31942D107 927 16,020 SH   SOLE 16,020 0 0
FIRST REP BK SAN FRANCISCO C COM 33616C100 155,455 3,333,494 SH   SOLE 3,333,494 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 52,842 544,253 SH   SOLE 544,253 0 0
FRESENIUS MED CARE AG&CO KGA SPONSORED ADR 358029106 88,993 2,723,105 SH   SOLE 2,723,105 0 0
GOOGLE INC CL A 38259P508 356,567 407,049 SH   SOLE 407,049 0 0
GRUPO AEROPORTUARIO DEL SURE SPON ADR SER B 40051E202 34,185 314,027 SH   SOLE 314,027 0 0
HDFC BANK LTD ADR REPS 3 SHS 40415F101 103,807 3,371,773 SH   SOLE 3,371,773 0 0
ICICI BK LTD ADR 45104G104 298,025 9,742,980 SH   SOLE 9,742,980 0 0
ILLINOIS TOOL WKS INC COM 452308109 61 800 SH   SOLE 800 0 0
IMPERIAL OIL LTD COM NEW 453038408 169,297 3,857,166 SH   SOLE 3,857,166 0 0
INFORMATICA CORP COM 45666Q102 143,117 3,672,308 SH   SOLE 3,672,308 0 0
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 324,912 22,954,555 SH   SOLE 22,954,555 0 0
JOHNSON & JOHNSON COM 478160104 69 800 SH   SOLE 800 0 0
JPMORGAN CHASE & CO COM 46625H100 240,958 4,661,447 SH   SOLE 4,661,447 0 0
LAZARD LTD SHS A G54050102 126,052 3,499,508 SH   SOLE 3,499,508 0 0
MASTERCARD INC CL A 57636Q104 123,741 183,916 SH   SOLE 183,916 0 0
MICROSOFT CORP COM 594918104 217,905 6,541,381 SH   SOLE 6,541,381 0 0
MONSANTO CO NEW COM 61166W101 192,335 1,842,692 SH   SOLE 1,842,692 0 0
NIKE INC CL B 654106103 273,152 3,760,427 SH   SOLE 3,760,427 0 0
NOBLE ENERGY INC COM 655044105 107 1,600 SH   SOLE 1,600 0 0
NOVO-NORDISK A S ADR 670100205 36,346 215,741 SH   SOLE 215,741 0 0
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 11,184 668,504 SH   SOLE 668,504 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 120,424 7,763,250 SH   SOLE 7,763,250 0 0
PHILIPPINE LONG DISTANCE TEL SPONSORED ADR 718252604 3,935 58,000 SH   SOLE 58,000 0 0
PRAXAIR INC COM 74005P104 149,942 1,247,286 SH   SOLE 1,247,286 0 0
PRECISION CASTPARTS CORP COM 740189105 309 1,360 SH   SOLE 1,360 0 0
PRICE T ROWE GROUP INC COM 74144T108 10,517 146,174 SH   SOLE 146,174 0 0
PROCTER & GAMBLE CO COM 742718109 113,680 1,503,829 SH   SOLE 1,503,829 0 0
QIAGEN NV REG SHS N72482107 148,714 6,948,329 SH   SOLE 6,948,329 0 0
RALPH LAUREN CORP CL A 751212101 110,872 673,052 SH   SOLE 673,052 0 0
ROPER INDS INC NEW COM 776696106 222,721 1,676,175 SH   SOLE 1,676,175 0 0
SAP AG SPON ADR 803054204 434,597 5,880,129 SH   SOLE 5,880,129 0 0
SASOL LTD SPONSORED ADR 803866300 38,476 803,071 SH   SOLE 803,071 0 0
SCHLUMBERGER LTD COM 806857108 613,192 6,934,650 SH   SOLE 6,934,650 0 0
SHIRE PLC SPONSORED ADR 82481R106 1,312 10,729 SH   SOLE 10,729 0 0
SIGMA ALDRICH CORP COM 826552101 256,932 3,012,154 SH   SOLE 3,012,154 0 0
SVB FINL GROUP COM 78486Q101 146,170 1,692,072 SH   SOLE 1,692,072 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 161,363 9,404,030 SH   SOLE 9,404,030 0 0
TENARIS S A SPONSORED ADR 88031M109 44,525 951,792 SH   SOLE 951,792 0 0
TERADATA CORP DEL COM 88076W103 102,235 1,844,106 SH   SOLE 1,844,106 0 0
TRANSOCEAN LTD REG SHS H8817H100 10 218 SH   SOLE 218 0 0
TRIMBLE NAVIGATION LTD COM 896239100 136,837 4,604,878 SH   SOLE 4,604,878 0 0
UNILEVER PLC SPON ADR NEW 904767704 34,483 898,341 SH   SOLE 898,341 0 0
VALE S A ADR 91912E105 58,384 3,740,165 SH   SOLE 3,740,165 0 0
VALE S A ADR REPSTG PFD 91912E204 10,127 712,639 SH   SOLE 712,639 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 1,310 26,960 SH   SOLE 26,960 0 0
WELLPOINT INC COM 94973V107 67 800 SH   SOLE 800 0 0
WELLS FARGO & CO NEW COM 949746101 458,174 11,088,160 SH   SOLE 11,088,160 0 0
WPP PLC NEW ADR 92937A102 107,864 1,051,544 SH   SOLE 1,051,544 0 0