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
ALPHABET INC CAP STK CL C 02079K107 11,027 11,497 SH   DFND 2 0 0 11,497
ALPHABET INC CAP STK CL C 02079K107 19,424 20,252 SH   DFND 1 0 0 20,252
ALPHABET INC CAP STK CL A 02079K305 41,561 42,683 SH   DFND 1 34,394 0 8,289
ALPHABET INC CAP STK CL A 02079K305 22,760 23,374 SH   DFND 2 18,937 0 4,437
AMAZON COM INC COM 023135106 1,634 1,700 SH   DFND 1 0 0 1,700
AMAZON COM INC COM 023135106 1,634 1,700 SH   DFND 2 1,700 0 0
ARAMARK COM 03852U106 930 22,900 SH   DFND 1 0 0 22,900
ARAMARK COM 03852U106 3,736 92,000 SH   DFND 2 92,000 0 0
AUTOHOME INC SP ADR RP CL A 05278C107 6,951 115,700 SH   DFND 1 115,700 0 0
AUTOHOME INC SP ADR RP CL A 05278C107 43,507 724,147 SH   DFND 2 534,800 0 189,347
BAIDU INC SPON ADR REP A 056752108 403,108 1,627,471 SH   DFND 2 1,312,546 0 314,925
BAIDU INC SPON ADR REP A 056752108 318,259 1,284,909 SH   DFND 1 1,017,880 0 267,029
BANCO MACRO SA SPON ADR B 05961W105 13,237 112,800 SH   DFND 2 112,800 0 0
BECTON DICKINSON & CO COM 075887109 38,142 194,650 SH   DFND 2 124,250 0 70,400
BECTON DICKINSON & CO COM 075887109 66,505 339,400 SH   DFND 1 259,000 0 80,400
BIOGEN INC COM 09062X103 2,192 7,000 SH   DFND 1 0 0 7,000
BIOGEN INC COM 09062X103 3,131 10,000 SH   DFND 2 10,000 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 465 5,000 SH   DFND 1 0 0 5,000
BIOMARIN PHARMACEUTICAL INC COM 09061G101 1,908 20,500 SH   DFND 2 20,500 0 0
CARMAX INC COM 143130102 2,047 27,000 SH   DFND 1 0 0 27,000
CARMAX INC COM 143130102 1,971 26,000 SH   DFND 2 26,000 0 0
CAVIUM INC COM 14964U108 521 7,900 SH   DFND 1 0 0 7,900
CAVIUM INC COM 14964U108 1,978 30,000 SH   DFND 2 30,000 0 0
CERNER CORP COM 156782104 7,981 111,900 SH   DFND 2 111,900 0 0
CERNER CORP COM 156782104 2,796 39,200 SH   DFND 1 0 0 39,200
CHINA BIOLOGIC PRODS HLDGS I COM G21515104 27,241 295,226 SH   DFND 2 235,398 0 59,828
CHINA BIOLOGIC PRODS HLDGS I COM G21515104 5,631 61,026 SH   DFND 1 61,026 0 0
CHINA LIFE INS CO LTD SPON ADR REP H 16939P106 1,735 115,255 SH   DFND 1 0 0 115,255
CISCO SYS INC COM 17275R102 1,009 30,000 SH   DFND 1 0 0 30,000
CISCO SYS INC COM 17275R102 4,506 134,000 SH   DFND 2 134,000 0 0
COCA COLA FEMSA S A B DE C V SPON ADR REP L 191241108 38,086 493,785 SH   DFND 1 303,709 0 190,076
COCA COLA FEMSA S A B DE C V SPON ADR REP L 191241108 7,029 91,128 SH   DFND 2 91,128 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 244,170 3,366,007 SH   DFND 1 2,678,679 0 687,328
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 293,831 4,050,610 SH   DFND 2 3,663,191 0 387,419
COMCAST CORP NEW CL A 20030N101 64,187 1,668,062 SH   DFND 1 1,334,146 0 333,916
COMCAST CORP NEW CL A 20030N101 35,315 917,752 SH   DFND 2 552,102 0 365,650
COSTCO WHSL CORP NEW COM 22160K105 2,744 16,700 SH   DFND 1 0 0 16,700
COSTCO WHSL CORP NEW COM 22160K105 6,322 38,483 SH   DFND 2 38,483 0 0
CRITEO S A SPONS ADS 226718104 48,163 1,160,557 SH   DFND 2 984,557 0 176,000
CRITEO S A SPONS ADS 226718104 32,904 792,873 SH   DFND 1 696,320 0 96,553
ECOLAB INC COM 278865100 5,723 44,500 SH   DFND 1 31,300 0 13,200
ECOLAB INC COM 278865100 9,826 76,400 SH   DFND 2 76,400 0 0
EMBRAER S A SP ADR REP 4 COM 29082A107 1,158 51,200 SH   DFND 2 51,200 0 0
EQUINIX INC COM PAR $0.001 29444U700 3,124 7,000 SH   DFND 1 0 0 7,000
EQUINIX INC COM PAR $0.001 29444U700 3,079 6,900 SH   DFND 2 6,900 0 0
FACEBOOK INC CL A 30303M102 2,768 16,200 SH   DFND 1 0 0 16,200
FACEBOOK INC CL A 30303M102 7,570 44,300 SH   DFND 2 44,300 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 116,167 1,216,030 SH   DFND 1 1,018,490 0 197,540
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 171,494 1,795,184 SH   DFND 2 1,451,463 0 343,721
GLOBANT S A COM L44385109 938 23,400 SH   DFND 2 23,400 0 0
GLOBANT S A COM L44385109 864 21,572 SH   DFND 1 0 0 21,572
HUNT J B TRANS SVCS INC COM 445658107 2,233 20,100 SH   DFND 1 0 0 20,100
HUNT J B TRANS SVCS INC COM 445658107 1,888 17,000 SH   DFND 2 17,000 0 0
ICON PLC SHS G4705A100 15,674 137,633 SH   DFND 2 137,633 0 0
INFOSYS LTD SPONSORED ADR 456788108 184,075 12,616,524 SH   DFND 1 9,911,000 0 2,705,524
INFOSYS LTD SPONSORED ADR 456788108 206,083 14,124,981 SH   DFND 2 12,085,740 0 2,039,241
INTUIT COM 461202103 32,608 229,405 SH   DFND 1 148,705 0 80,700
INTUIT COM 461202103 31,494 221,571 SH   DFND 2 156,871 0 64,700
ISHARES INC MSCI STH KOR ETF 464286772 5,417 78,435 SH   DFND 2 78,435 0 0
JOHNSON & JOHNSON COM 478160104 728 5,600 SH   DFND 1 0 0 5,600
JOHNSON & JOHNSON COM 478160104 4,030 31,000 SH   DFND 2 31,000 0 0
KANSAS CITY SOUTHERN COM NEW 485170302 1,315 12,100 SH   DFND 2 12,100 0 0
LAUDER ESTEE COS INC CL A 518439104 615 5,700 SH   DFND 1 0 0 5,700
LAUDER ESTEE COS INC CL A 518439104 2,049 19,000 SH   DFND 2 19,000 0 0
LILLY ELI & CO COM 532457108 51,923 607,000 SH   DFND 1 456,600 0 150,400
LILLY ELI & CO COM 532457108 30,495 356,500 SH   DFND 2 217,200 0 139,300
LUXOFT HLDG INC ORD SHS CL A G57279104 11,400 238,500 SH   DFND 2 238,500 0 0
MEDTRONIC PLC SHS G5960L103 49,306 634,000 SH   DFND 1 483,400 0 150,600
MEDTRONIC PLC SHS G5960L103 28,092 361,220 SH   DFND 2 228,550 0 132,670
MICROSOFT CORP COM 594918104 80,746 1,083,988 SH   DFND 1 860,911 0 223,077
MICROSOFT CORP COM 594918104 48,145 646,333 SH   DFND 2 409,408 0 236,925
NETEASE INC SPONSORED ADR 64110W102 257,165 974,810 SH   DFND 1 764,927 0 209,883
NETEASE INC SPONSORED ADR 64110W102 340,572 1,290,973 SH   DFND 2 1,088,083 0 202,890
NIELSEN HLDGS PLC SHS EUR G6518L108 4,104 99,000 SH   DFND 2 99,000 0 0
NIELSEN HLDGS PLC SHS EUR G6518L108 2,719 65,600 SH   DFND 1 0 0 65,600
OMNICOM GROUP INC COM 681919106 8,748 118,100 SH   DFND 2 118,100 0 0
OMNICOM GROUP INC COM 681919106 578 7,800 SH   DFND 1 0 0 7,800
ORACLE CORP COM 68389X105 69,813 1,443,900 SH   DFND 1 1,156,300 0 287,600
ORACLE CORP COM 68389X105 38,931 805,200 SH   DFND 2 496,700 0 308,500
PAYCHEX INC COM 704326107 959 16,000 SH   DFND 1 0 0 16,000
PAYCHEX INC COM 704326107 3,897 65,000 SH   DFND 2 65,000 0 0
RYANAIR HLDGS PLC SPONSORED ADR NE 783513203 3,922 37,200 SH   DFND 2 37,200 0 0
S&P GLOBAL INC COM 78409V104 1,876 12,000 SH   DFND 1 0 0 12,000
STARBUCKS CORP COM 855244109 1,477 27,500 SH   DFND 1 0 0 27,500
STARBUCKS CORP COM 855244109 1,880 35,000 SH   DFND 2 35,000 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 33,795 900,000 SH   DFND 2 627,800 0 272,200
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 142,134 3,785,204 SH   DFND 1 2,487,630 0 1,297,574
TELEFONICA BRASIL SA SPONSORED ADR 87936R106 11,191 706,944 SH   DFND 1 706,944 0 0
TRACTOR SUPPLY CO COM 892356106 759 12,000 SH   DFND 1 0 0 12,000
TYLER TECHNOLOGIES INC COM 902252105 837 4,800 SH   DFND 1 0 0 4,800
TYLER TECHNOLOGIES INC COM 902252105 1,673 9,600 SH   DFND 2 9,600 0 0
UNITED TECHNOLOGIES CORP COM 913017109 2,554 22,000 SH   DFND 2 22,000 0 0
VERISK ANALYTICS INC COM 92345Y106 3,344 40,200 SH   DFND 1 0 0 40,200
VERISK ANALYTICS INC COM 92345Y106 4,243 51,000 SH   DFND 2 51,000 0 0
VIPSHOP HLDGS LTD SPONSORED ADR 92763W103 87,545 9,959,600 SH   DFND 1 7,841,900 0 2,117,700
VIPSHOP HLDGS LTD SPONSORED ADR 92763W103 131,752 14,988,820 SH   DFND 2 12,083,020 0 2,905,800
VISA INC COM CL A 92826C839 92,180 875,900 SH   DFND 1 675,200 0 200,700
VISA INC COM CL A 92826C839 50,031 475,400 SH   DFND 2 287,100 0 188,300
WAL-MART STORES INC COM 931142103 22,114 283,000 SH   DFND 2 193,900 0 89,100
WAL-MART STORES INC COM 931142103 39,297 502,900 SH   DFND 1 399,000 0 103,900