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

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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
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 1,982,342 10,083,637 SH   DFND   10,083,637 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 4,355 1,515,260 SH   DFND   1,515,260 0 0
PHILIP MORRIS INTL INC COM 718172109 60,858 544,842 SH   DFND   544,842 0 0
TIFFANY & CO NEW COM 886547108 36,527 397,158 SH   DFND   397,158 0 0
BUNGE LIMITED COM G16962105 30,001 431,231 SH   DFND   431,231 0 0
MONSANTO CO NEW COM 61166W101 24,656 206,364 SH   DFND   206,364 0 0
CONSTELLIUM NV CL A N22035104 15,500 1,512,210 SH   DFND   1,512,210 0 0
OMNICOM GROUP INC COM 681919106 13,526 182,784 SH   DFND   182,784 0 0
OMNICOM GROUP INC COM 681919106 1,851 7,691 SH   DFND   7,691 0 0
CRITEO S A SPONS ADS 226718104 8,326 200,581 SH   DFND   200,581 0 0
CRITEO S A SPONS ADS 226718104 986 2,506 SH   DFND   2,506 0 0
ASHLAND GLOBAL HLDGS INC COM 044186104 6,850 104,094 SH   DFND   104,094 0 0
COLGATE PALMOLIVE CO COM 194162103 12,940 177,167 SH   DFND   177,167 0 0
INTERPUBLIC GROUP COS INC COM 460690100 652 18,222 SH   DFND   18,222 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 4,372 50,700 SH   DFND   50,700 0 0
PHILIP MORRIS INTL INC COM 718172109 60,859 544,842 SH   DFND   544,842 0 0
PRUDENTIAL FINL INC COM 744320102 4,572 43,077 SH   DFND   43,077 0 0
JUNIPER NETWORKS INC COM 48203R104 3,866 139,070 SH   DFND   139,070 0 0
VODAFONE GROUP PLC NEW SPONSORED ADR 92857W308 426 14,977 SH   DFND   14,977 0 0
ZOETIS INC CL A 98978V103 1,484 23,522 SH   DFND   23,522 0 0
ATLANTICA YIELD PLC SHS G0751N103 6,087 310,096 SH   DFND   310,096 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 295 8,726 SH   DFND   8,726 0 0