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 12,128 11,590 SH   DFND 2 0 0 11,590
ALPHABET INC CAP STK CL C 02079K107 19,413 18,552 SH   DFND 1 0 0 18,552
ALPHABET INC CAP STK CL A 02079K305 43,382 41,183 SH   DFND 1 33,694 0 7,489
ALPHABET INC CAP STK CL A 02079K305 24,066 22,846 SH   DFND 2 18,409 0 4,437
AMAZON COM INC COM 023135106 1,988 1,700 SH   DFND 1 0 0 1,700
AMAZON COM INC COM 023135106 1,988 1,700 SH   DFND 2 1,700 0 0
ARAMARK COM 03852U106 808 18,900 SH   DFND 1 0 0 18,900
ARAMARK COM 03852U106 3,035 71,000 SH   DFND 2 71,000 0 0
AUTOHOME INC SP ADR RP CL A 05278C107 7,295 112,800 SH   DFND 1 112,800 0 0
AUTOHOME INC SP ADR RP CL A 05278C107 44,651 690,447 SH   DFND 2 501,100 0 189,347
BAIDU INC SPON ADR REP A 056752108 303,655 1,296,509 SH   DFND 1 1,114,880 0 181,629
BAIDU INC SPON ADR REP A 056752108 417,519 1,782,671 SH   DFND 2 1,460,146 0 322,525
BANCO MACRO SA SPON ADR B 05961W105 9,780 84,400 SH   DFND 2 84,400 0 0
BECTON DICKINSON & CO COM 075887109 68,756 321,200 SH   DFND 1 254,000 0 67,200
BECTON DICKINSON & CO COM 075887109 40,126 187,450 SH   DFND 2 117,050 0 70,400
BIOGEN INC COM 09062X103 2,230 7,000 SH   DFND 1 0 0 7,000
BIOGEN INC COM 09062X103 3,504 11,000 SH   DFND 2 11,000 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 446 5,000 SH   DFND 1 0 0 5,000
BIOMARIN PHARMACEUTICAL INC COM 09061G101 2,229 25,000 SH   DFND 2 25,000 0 0
CARMAX INC COM 143130102 2,174 33,900 SH   DFND 1 0 0 33,900
CARMAX INC COM 143130102 3,207 50,000 SH   DFND 2 50,000 0 0
CERNER CORP COM 156782104 2,136 31,700 SH   DFND 1 0 0 31,700
CERNER CORP COM 156782104 2,965 44,000 SH   DFND 2 44,000 0 0
CHINA BIOLOGIC PRODS HLDGS I COM G21515104 7,682 97,526 SH   DFND 1 97,526 0 0
CHINA BIOLOGIC PRODS HLDGS I COM G21515104 42,396 538,226 SH   DFND 2 361,898 0 176,328
CHINA LIFE INS CO LTD SPON ADR REP H 16939P106 1,941 124,355 SH   DFND 1 0 0 124,355
CHURCH & DWIGHT INC COM 171340102 351 7,000 SH   DFND 1 0 0 7,000
CHURCH & DWIGHT INC COM 171340102 1,756 35,000 SH   DFND 2 35,000 0 0
CISCO SYS INC COM 17275R102 1,314 34,300 SH   DFND 1 0 0 34,300
CISCO SYS INC COM 17275R102 5,515 144,000 SH   DFND 2 144,000 0 0
COCA COLA FEMSA S A B DE C V SPON ADR REP L 191241108 26,509 380,766 SH   DFND 1 303,709 0 77,057
COCA COLA FEMSA S A B DE C V SPON ADR REP L 191241108 6,344 91,128 SH   DFND 2 91,128 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 271,233 3,819,107 SH   DFND 1 3,315,579 0 503,528
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 351,955 4,955,710 SH   DFND 2 4,568,291 0 387,419
COMCAST CORP NEW CL A 20030N101 35,451 885,162 SH   DFND 1 723,446 0 161,716
COMCAST CORP NEW CL A 20030N101 22,038 550,252 SH   DFND 2 351,702 0 198,550
COSTCO WHSL CORP NEW COM 22160K105 3,722 20,000 SH   DFND 1 0 0 20,000
COSTCO WHSL CORP NEW COM 22160K105 8,223 44,183 SH   DFND 2 44,183 0 0
CRITEO S A SPONS ADS 226718104 24,225 930,655 SH   DFND 2 775,555 0 155,100
CRITEO S A SPONS ADS 226718104 19,959 766,773 SH   DFND 1 697,720 0 69,053
DESPEGAR COM CORP ORD SHS G27358103 3,889 141,522 SH   DFND 2 141,522 0 0
ECOLAB INC COM 278865100 9,755 72,700 SH   DFND 2 72,700 0 0
ECOLAB INC COM 278865100 5,703 42,500 SH   DFND 1 31,300 0 11,200
EMBRAER S A SP ADR REP 4 COM 29082A107 1,225 51,200 SH   DFND 2 51,200 0 0
EQUIFAX INC COM 294429105 413 3,500 SH   DFND 1 0 0 3,500
EQUIFAX INC COM 294429105 1,415 12,000 SH   DFND 2 12,000 0 0
EQUINIX INC COM PAR $0.001 29444U700 3,173 7,000 SH   DFND 1 0 0 7,000
EQUINIX INC COM PAR $0.001 29444U700 3,127 6,900 SH   DFND 2 6,900 0 0
FACEBOOK INC CL A 30303M102 2,859 16,200 SH   DFND 1 0 0 16,200
FACEBOOK INC CL A 30303M102 7,447 42,200 SH   DFND 2 42,200 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 127,726 1,360,230 SH   DFND 1 1,276,790 0 83,440
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 214,231 2,281,484 SH   DFND 2 1,904,963 0 376,521
GLOBANT S A COM L44385109 1,002 21,572 SH   DFND 1 0 0 21,572
GLOBANT S A COM L44385109 1,087 23,400 SH   DFND 2 23,400 0 0
HUNT J B TRANS SVCS INC COM 445658107 1,955 17,000 SH   DFND 2 17,000 0 0
HUNT J B TRANS SVCS INC COM 445658107 2,518 21,900 SH   DFND 1 0 0 21,900
ICON PLC SHS G4705A100 19,563 174,433 SH   DFND 2 174,433 0 0
INFOSYS LTD SPONSORED ADR 456788108 176,492 10,881,160 SH   DFND 1 9,383,820 0 1,497,340
INFOSYS LTD SPONSORED ADR 456788108 232,114 14,310,381 SH   DFND 2 12,271,140 0 2,039,241
INTUIT COM 461202103 35,407 224,405 SH   DFND 1 156,505 0 67,900
INTUIT COM 461202103 34,076 215,971 SH   DFND 2 151,271 0 64,700
ISHARES INC MSCI STH KOR ETF 464286772 5,130 68,460 SH   DFND 2 68,460 0 0
JOHNSON & JOHNSON COM 478160104 5,323 38,100 SH   DFND 1 31,200 0 6,900
JOHNSON & JOHNSON COM 478160104 10,200 73,000 SH   DFND 2 73,000 0 0
KANSAS CITY SOUTHERN COM NEW 485170302 1,273 12,100 SH   DFND 2 12,100 0 0
LAUDER ESTEE COS INC CL A 518439104 2,418 19,000 SH   DFND 2 19,000 0 0
LAUDER ESTEE COS INC CL A 518439104 725 5,700 SH   DFND 1 0 0 5,700
LILLY ELI & CO COM 532457108 48,336 572,300 SH   DFND 1 446,900 0 125,400
LILLY ELI & CO COM 532457108 29,181 345,500 SH   DFND 2 206,200 0 139,300
LUXOFT HLDG INC ORD SHS CL A G57279104 8,277 148,600 SH   DFND 2 148,600 0 0
MEDTRONIC PLC SHS G5960L103 48,595 601,800 SH   DFND 1 473,800 0 128,000
MEDTRONIC PLC SHS G5960L103 29,427 364,420 SH   DFND 2 231,750 0 132,670
MICROSOFT CORP COM 594918104 87,233 1,019,788 SH   DFND 1 837,811 0 181,977
MICROSOFT CORP COM 594918104 54,492 637,033 SH   DFND 2 400,108 0 236,925
NETEASE INC SPONSORED ADR 64110W102 310,559 899,987 SH   DFND 1 775,727 0 124,260
NETEASE INC SPONSORED ADR 64110W102 474,186 1,374,173 SH   DFND 2 1,148,383 0 225,790
NEVRO CORP COM 64157F103 994 14,400 SH   DFND 1 0 0 14,400
NEVRO CORP COM 64157F103 1,726 25,000 SH   DFND 2 25,000 0 0
NIELSEN HLDGS PLC SHS EUR G6518L108 2,388 65,600 SH   DFND 1 0 0 65,600
NIELSEN HLDGS PLC SHS EUR G6518L108 3,604 99,000 SH   DFND 2 99,000 0 0
OMNICOM GROUP INC COM 681919106 568 7,800 SH   DFND 1 0 0 7,800
OMNICOM GROUP INC COM 681919106 8,215 112,800 SH   DFND 2 112,800 0 0
ORACLE CORP COM 68389X105 64,457 1,363,300 SH   DFND 1 1,129,000 0 234,300
ORACLE CORP COM 68389X105 38,216 808,300 SH   DFND 2 489,500 0 318,800
PAYCHEX INC COM 704326107 674 9,900 SH   DFND 1 0 0 9,900
PAYCHEX INC COM 704326107 3,404 50,000 SH   DFND 2 50,000 0 0
RYANAIR HLDGS PLC SPONSORED ADR NE 783513203 4,105 39,400 SH   DFND 2 39,400 0 0
S&P GLOBAL INC COM 78409V104 1,779 10,500 SH   DFND 1 0 0 10,500
STARBUCKS CORP COM 855244109 1,579 27,500 SH   DFND 1 0 0 27,500
STARBUCKS CORP COM 855244109 2,010 35,000 SH   DFND 2 35,000 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 146,654 3,698,704 SH   DFND 1 2,479,530 0 1,219,174
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 47,850 1,206,800 SH   DFND 2 934,600 0 272,200
TELEFONICA BRASIL SA SPONSORED ADR 87936R106 10,477 706,944 SH   DFND 1 706,944 0 0
TYLER TECHNOLOGIES INC COM 902252105 850 4,800 SH   DFND 1 0 0 4,800
TYLER TECHNOLOGIES INC COM 902252105 1,700 9,600 SH   DFND 2 9,600 0 0
ULTA BEAUTY INC COM 90384S303 1,342 6,000 SH   DFND 2 6,000 0 0
ULTA BEAUTY INC COM 90384S303 1,588 7,100 SH   DFND 1 0 0 7,100
UNITED TECHNOLOGIES CORP COM 913017109 2,169 17,000 SH   DFND 2 17,000 0 0
VERISK ANALYTICS INC COM 92345Y106 3,667 38,200 SH   DFND 1 0 0 38,200
VERISK ANALYTICS INC COM 92345Y106 4,896 51,000 SH   DFND 2 51,000 0 0
VIPSHOP HLDGS LTD SPONSORED ADR 92763W103 59,168 5,048,500 SH   DFND 1 4,347,600 0 700,900
VIPSHOP HLDGS LTD SPONSORED ADR 92763W103 97,721 8,337,933 SH   DFND 2 6,720,833 0 1,617,100
VISA INC COM CL A 92826C839 94,226 826,400 SH   DFND 1 661,700 0 164,700
VISA INC COM CL A 92826C839 53,612 470,200 SH   DFND 2 281,900 0 188,300
WAL-MART STORES INC COM 931142103 59,694 604,500 SH   DFND 1 500,400 0 104,100
WAL-MART STORES INC COM 931142103 33,753 341,800 SH   DFND 2 225,100 0 116,700
WRIGHT MED GROUP N V ORD SHS 0.03 PAR N96617118 1,554 70,000 SH   DFND 2 70,000 0 0
WRIGHT MED GROUP N V ORD SHS 0.03 PAR N96617118 437 19,700 SH   DFND 1 0 0 19,700