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
ADVANCE AUTO PARTS INC COM 00751Y106 122,151 660,685 SH   SOLE NO 255,085 0 405,600
ALLSTATE CORP COM 020002101 153,084 1,917,124 SH   SOLE NO 743,024 0 1,174,100
BIOGEN INC COM 09062X103 135,200 489,263 SH   SOLE NO 189,463 0 299,800
CABELA'S INC COM 126804301 74,973 1,307,546 SH   SOLE NO 502,624 0 804,922
CARNIVAL CORP PAIRED CTF 143658300 133,499 2,644,678 SH   SOLE NO 1,025,578 0 1,619,100
CITIGROUP INC COM NEW 172967424 261,069 5,399,665 SH   SOLE NO 2,165,065 0 3,234,600
E M C CORP MASS COM 268648102 189,895 6,097,958 SH   SOLE NO 2,345,258 0 3,752,700
HALLIBURTON CO COM 406216101 90,040 1,736,727 SH   SOLE NO 668,127 0 1,068,600
JOHNSON & JOHNSON COM 478160104 109,399 787,234 SH   SOLE NO 295,034 0 492,200
LILLY ELI & CO COM 532457108 201,512 2,232,925 SH   SOLE NO 846,567 0 1,386,358
MICROSOFT CORP COM 594918104 240,014 4,100,271 SH   SOLE NO 1,584,571 0 2,515,700
ORACLE CORP COM 68389X105 246,789 5,288,994 SH   SOLE NO 2,140,994 0 3,148,000
PDC ENERGY INC COM 69327R101 110,908 1,694,137 SH   SOLE NO 683,537 0 1,010,600
PRUDENTIAL FINL INC COM 744320102 164,856 2,020,723 SH   SOLE NO 783,723 0 1,237,000
PVH CORP COM 693656100 183,966 1,706,519 SH   SOLE NO 662,668 0 1,043,851
QUALCOMM INC COM 747525103 183,879 3,005,206 SH   SOLE NO 1,176,206 0 1,829,000
SM ENERGY CO COM 78454L100 64,712 2,105,998 SH   SOLE NO 843,448 0 1,262,550
SYNNEX CORP COM 87162W100 21,017 191,746 SH   SOLE NO 70,571 0 121,175
UNITED CONTL HLDGS INC COM 910047109 73,531 1,564,602 SH   SOLE NO 605,502 0 959,100
UNITEDHEALTH GROUP INC COM 91324P102 155,917 964,253 SH   SOLE NO 369,953 0 594,300
WELLS FARGO & CO NEW COM 949746101 92,138 1,701,720 SH   SOLE NO 665,020 0 1,036,700
AVIVA PLC ADR 05382A104 19,358 1,810,889 SH   SOLE NO 1,810,889 0 0
BARCLAYS PLC ADR 06738E204 17,192 2,262,156 SH   SOLE NO 2,262,156 0 0
BRITISH AMERN TOB PLC SPONSORED ADR 110448107 29,827 230,360 SH   SOLE NO 230,360 0 0
CARNIVAL PLC ADR 14365C103 13,587 303,343 SH   SOLE NO 303,343 0 0
CNOOC LTD SPONSORED ADR 126132109 17,200 137,978 SH   SOLE NO 137,978 0 0
DIAGEO PLC SPONS ADR NEW 25243Q205 15,964 141,421 SH   SOLE NO 141,421 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 14,294 329,801 SH   SOLE NO 329,801 0 0
ING GROEP N V SPONSORED ADR 456837103 5,717 553,475 SH   SOLE NO 553,475 0 0
LLOYDS BANKING GROUP PLC SPONSORED ADR 539439109 12,955 4,361,940 SH   SOLE NO 4,361,940 0 0
NOVARTIS A G SPONSORED ADR 66987V109 26,350 319,351 SH   SOLE NO 319,351 0 0
PRUDENTIAL PLC ADR 74435K204 12,030 353,727 SH   SOLE NO 353,727 0 0
RELX NV SPONSORED ADR 75955B102 21,215 1,218,554 SH   SOLE NO 1,218,554 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 24,633 439,871 SH   SOLE NO 439,871 0 0
SANOFI SPONSORED ADR 80105N105 16,480 393,781 SH   SOLE NO 393,781 0 0
SAP SE SPON ADR 803054204 12,372 164,919 SH   SOLE NO 164,919 0 0
SUMITOMO MITSUI FINL GROUP I SPONSORED ADR 86562M209 15,868 2,774,145 SH   SOLE NO 2,774,145 0 0
TOTAL S A SPONSORED ADR 89151E109 25,731 534,946 SH   SOLE NO 534,946 0 0
UBS GROUP AG SHS H42097107 5,279 407,337 SH   SOLE NO 407,337 0 0
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 92857W308 13,291 430,258 SH   SOLE NO 430,258 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 64,471 806,200 SH   SOLE NO 582,600 0 223,600
AMBEV SA SPONSORED ADR 02319V103 208 35,200 SH   SOLE NO 35,200 0 0
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 12,643 1,031,200 SH   SOLE NO 1,031,200 0 0
AU OPTRONICS CORP SPONSORED ADR 002255107 2,888 827,500 SH   SOLE NO 196,800 0 630,700
BAIDU INC SPON ADR REP A 056752108 453,930 2,747,425 SH   SOLE NO 2,083,925 0 663,500
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 74,336 1,279,084 SH   SOLE NO 1,221,684 0 57,400
CHINA PETE & CHEM CORP SPON ADR H SHS 16941R108 3,978 1,421,410 SH   SOLE NO 1,383,210 0 38,200
CHUNGHWA TELECOM CO LTD SPON ADR NEW11 17133Q502 26,007 6,878,000 SH   SOLE NO 6,213,000 0 665,000
DR REDDYS LABS LTD ADR 256135203 15,092 294,600 SH   SOLE NO 34,100 0 260,500
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 15,649 169,200 SH   SOLE NO 0 0 169,200
HDFC BANK LTD ADR REPS 3 SHS 40415F101 8,627 130,016 SH   SOLE NO 0 0 130,016
ICICI BK LTD ADR 45104G104 37,766 5,259,875 SH   SOLE NO 2,244,800 0 3,015,075
INFOSYS LTD SPONSORED ADR 456788108 53,689 2,991,100 SH   SOLE NO 1,798,300 0 1,192,800
ISHARES TR MSCI INDIA ETF 46429B598 41,941 1,502,200 SH   SOLE NO 0 0 1,502,200
JA SOLAR HOLDINGS CO LTD SPON ADR REP5ORD 466090206 9,029 1,318,100 SH   SOLE NO 1,204,600 0 113,500
JINKOSOLAR HLDG CO LTD SPONSORED ADR 47759T100 3,913 183,700 SH   SOLE NO 55,000 0 128,700
KOREA ELECTRIC PWR SPONSORED ADR 500631106 5,707 220,100 SH   SOLE NO 49,700 0 170,400
KT CORP SPONSORED ADR 48268K101 1,081 75,800 SH   SOLE NO 0 0 75,800
LG DISPLAY CO LTD SPONS ADR REP 50186V102 2,060 174,553 SH   SOLE NO 12,353 0 162,200
MOBILE TELESYSTEMS PJSC SPONSORED ADR 607409109 5,620 678,722 SH   SOLE NO 0 0 678,722
NETEASE INC SPONSORED ADR 64110W102 62,236 319,800 SH   SOLE NO 207,000 0 112,800
NEW ORIENTAL ED & TECH GRP I SPON ADR 647581107 51,919 1,228,300 SH   SOLE NO 815,200 0 413,100
PETROCHINA CO LTD SPONSORED ADR 71646E100 665 8,507 SH   SOLE NO 800 0 7,707
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 29,756 5,092,800 SH   SOLE NO 4,578,700 0 514,100
POSCO SPONSORED ADR 693483109 9,937 223,300 SH   SOLE NO 223,300 0 0
SK TELECOM LTD SPONSORED ADR 78440P108 65,258 3,119,408 SH   SOLE NO 3,097,308 0 22,100
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 152,441 5,773,833 SH   SOLE NO 3,489,700 0 2,284,133
TATA MTRS LTD SPONSORED ADR 876568502 50,977 1,461,103 SH   SOLE NO 854,200 0 606,903
VALE S A ADR REPSTG PFD 91912E204 17,483 4,359,900 SH   SOLE NO 4,359,900 0 0
VANECK VECTORS ETF TR INDIA SMALL CAP 92189F767 288 6,800 SH   SOLE NO 6,800 0 0
VEDANTA LTD SPONSORED ADR 92242Y100 1,484 507,695 SH   SOLE NO 113,736 0 393,959
WIPRO LTD SPON ADR 1 SH 97651M109 261 21,100 SH   SOLE NO 0 0 21,100
WISDOMTREE TR INDIA ERNGS FD 97717W422 88,049 4,361,000 SH   SOLE NO 512,300 0 3,848,700