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
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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
AeroVironment Inc. COM 008073108 25,576 867,861 SH   SOLE   867,861 0 0
Alphabet Inc. CL C. COM 02079K107 22,779 30,016 SH   SOLE   30,016 0 0
Alphabet Inc. CL.A COM 02079K305 16,594 21,329 SH   SOLE   21,329 0 0
Arcos Dorados Holdings Inc. COM G0457F107 34,307 11,031,042 SH   SOLE   11,031,042 0 0
Cameco Corp COM 13321L108 22,439 1,826,000 SH   SOLE   1,826,000 0 0
Carnival Corp. COM 143658300 85,401 1,567,571 SH   SOLE   1,567,571 0 0
FTI Consulting Inc. COM 302941109 96,460 2,783,022 SH   SOLE   2,783,022 0 0
Grifols SA (ADR) COM 398438408 46,885 1,447,081 SH   SOLE   1,376,261 0 70,820
Grupo Televisa SA COM 40049J206 86,889 3,193,278 SH   SOLE   3,092,977 0 100,301
Haemonetics Corporation COM 405024100 83,395 2,586,691 SH   SOLE   2,586,691 0 0
ICICI Bank Ltd (ADR) COM 45104G104 100,500 12,835,214 SH   SOLE   12,488,534 0 346,680
II-VI Inc. COM 902104108 30,991 1,669,754 SH   SOLE   1,669,754 0 0
Inovalon Holdings Inc COM 45781D101 49,826 2,930,938 SH   SOLE   2,930,938 0 0
Nielsen Holdings PLC COM G6518L108 55,061 1,181,570 SH   SOLE   1,181,570 0 0
Now Inc. COM 67011P100 20,523 1,297,297 SH   SOLE   1,297,297 0 0
Oracle Corp COM 68389X105 101,589 2,780,964 SH   SOLE   2,780,964 0 0
Grupo Financiero Santander Mexico COM 40053C105 90,957 10,491,038 SH   SOLE   10,265,258 0 225,780
Synopsys Inc. COM 871607107 15,092 330,900 SH   SOLE   330,900 0 0