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 Common Stocks 00751Y106 2,472 24,800 SH   SOLE   24,800 0 0
AFLAC INC Common Stocks 001055102 1,826 20,800 SH   SOLE   20,800 0 0
ALIBABA GROUP HOLDING-SP ADR Equity Depositary Receipts 01609W102 1,000 5,800 SH   SOLE   5,800 0 0
ALPHABET INC-CL A Common Stocks 02079K305 1,818 1,726 SH   SOLE   1,726 0 0
AMERICAN INTERNATIONAL GROUP Common Stocks 026874784 2,730 45,824 SH   SOLE   45,824 0 0
AMERICAN WATER WORKS CO INC Common Stocks 030420103 2,489 27,200 SH   SOLE   27,200 0 0
APACHE CORP Common Stocks 037411105 2,258 53,479 SH   SOLE   53,479 0 0
BAIDU INC - SPON ADR Equity Depositary Receipts 056752108 164,118 700,729 SH   SOLE   102,125 0 598,604
BANCO SANTANDER SA-SPON ADR Equity Depositary Receipts 05964H105 1,700 259,874 SH   SOLE   259,874 0 0
BARCLAYS PLC-SPONS ADR Equity Depositary Receipts 06738E204 938 86,021 SH   SOLE   86,003 0 18
BP PLC-SPONS ADR Equity Depositary Receipts 055622104 109,608 2,607,855 SH   SOLE   70,397 0 2,537,458
BRIGHTHOUSE FINANCIAL INC Common Stocks 10922N103 428 7,306 SH   SOLE   7,306 0 0
CHEESECAKE FACTORY INC/THE Common Stocks 163072101 997 20,700 SH   SOLE   20,700 0 0
CIGNA CORP Common Stocks 125509109 2,526 12,438 SH   SOLE   12,438 0 0
CITIGROUP INC Common Stocks 172967424 6,589 88,552 SH   SOLE   88,552 0 0
COCA-COLA FEMSA SAB-SP ADR Equity Depositary Receipts 191241108 15,009 215,579 SH   SOLE   102,575 0 113,004
COGNIZANT TECH SOLUTIONS-A Common Stocks 192446102 2,805 39,500 SH   SOLE   39,500 0 0
COMPASS MINERALS INTERNATION Common Stocks 20451N101 972 13,450 SH   SOLE   13,450 0 0
CONDUENT INC Common Stocks 206787103 5,413 334,968 SH   SOLE   334,968 0 0
CREDIT SUISSE GROUP-SPON ADR Equity Depositary Receipts 225401108 992 55,563 SH   SOLE   34,427 0 21,136
DANAHER CORP Common Stocks 235851102 2,738 29,500 SH   SOLE   29,500 0 0
DOCTOR REDDY S LAB-ADR Equity Depositary Receipts 256135203 270 7,200 SH   SOLE   7,200 0 0
DOLLAR GENERAL CORP Common Stocks 256677105 921 9,900 SH   SOLE   9,900 0 0
DST SYSTEMS INC Common Stocks 233326107 1,167 18,800 SH   SOLE   18,800 0 0
DXC TECHNOLOGY CO Common Stocks 23355L106 2,027 21,362 SH   SOLE   21,362 0 0
ENEL AMERICAS SA-ADR Equity Depositary Receipts 29274F104 117 10,500 SH   SOLE   10,500 0 0
ENSCO PLC-CL A Common Stocks G3157S106 113 19,200 SH   SOLE   0 0 19,200
ENTERGY CORP Common Stocks 29364G103 3,679 45,200 SH   SOLE   45,200 0 0
EOG RESOURCES INC Common Stocks 26875P101 2,628 24,350 SH   SOLE   24,350 0 0
EXXON MOBIL CORP Common Stocks 30231G102 4,433 53,000 SH   SOLE   53,000 0 0
GILEAD SCIENCES INC Common Stocks 375558103 3,473 48,479 SH   SOLE   48,479 0 0
GOLDMAN SACHS GROUP INC Common Stocks 38141G104 2,258 8,864 SH   SOLE   8,864 0 0
ICICI BANK LTD-SPON ADR Equity Depositary Receipts 45104G104 132,635 13,631,501 SH   SOLE   2,647,770 0 10,983,731
INFOSYS LTD-SP ADR Equity Depositary Receipts 456788108 50,631 3,121,500 SH   SOLE   10,400 0 3,111,100
INTERPUBLIC GROUP OF COS INC Common Stocks 460690100 1,779 88,250 SH   SOLE   88,250 0 0
JD.COM INC-ADR Equity Depositary Receipts 47215P106 530 12,800 SH   SOLE   12,800 0 0
JOHNSON & JOHNSON Common Stocks 478160104 3,060 21,900 SH   SOLE   21,900 0 0
JPMORGAN CHASE & CO Common Stocks 46625H100 6,190 57,884 SH   SOLE   57,884 0 0
KB FINANCIAL GROUP INC-ADR Equity Depositary Receipts 48241A105 340 5,814 SH   SOLE   5,814 0 0
LIBERTY GLOBAL PLC-A Common Stocks G5480U104 1,210 33,775 SH   SOLE   15,275 0 18,500
LIBERTY GLOBAL PLC LILAC - C Common Stocks G5480U153 2,352 118,272 SH   SOLE   65,000 0 53,272
MELCO RESORTS & ENTERT-ADR Equity Depositary Receipts 585464100 51,663 1,779,027 SH   SOLE   248,900 0 1,530,127
METLIFE INC Common Stocks 59156R108 2,623 51,875 SH   SOLE   51,875 0 0
MICROSEMI CORP Common Stocks 595137100 4,430 85,775 SH   SOLE   85,775 0 0
MICROSOFT CORP Common Stocks 594918104 3,580 41,850 SH   SOLE   41,850 0 0
MOLSON COORS BREWING CO -B Common Stocks 60871R209 1,617 19,700 SH   SOLE   19,700 0 0
MONDELEZ INTERNATIONAL INC-A Common Stocks 609207105 2,671 62,400 SH   SOLE   62,400 0 0
MYLAN NV Common Stocks N59465109 1,962 46,375 SH   SOLE   46,375 0 0
ON SEMICONDUCTOR CORP Common Stocks 682189105 4,495 214,650 SH   SOLE   214,650 0 0
PETROLEO BRASILEIRO-SPON ADR Equity Depositary Receipts 71654V408 43,503 4,227,655 SH   SOLE   215,250 0 4,012,405
PETROLEO BRASIL-SP PREF ADR Equity Depositary Receipts 71654V101 25,438 2,587,808 SH   SOLE   1,170,468 0 1,417,340
PROCTER & GAMBLE CO/THE Common Stocks 742718109 1,737 18,900 SH   SOLE   18,900 0 0
QORVO INC Common Stocks 74736K101 1,931 29,000 SH   SOLE   29,000 0 0
RALPH LAUREN CORP Common Stocks 751212101 3,481 33,575 SH   SOLE   33,575 0 0
RENAISSANCERE HOLDINGS LTD Common Stocks G7496G103 13,985 111,351 SH   SOLE   32,305 0 79,046
SASOL LTD-SPONSORED ADR Equity Depositary Receipts 803866300 8,525 249,200 SH   SOLE   115,700 0 133,500
SIGNET JEWELERS LTD Common Stocks G81276100 41,031 725,574 SH   SOLE   700 0 724,874
SILICON MOTION TECHNOL-ADR Equity Depositary Receipts 82706C108 110,621 2,088,771 SH   SOLE   339,128 0 1,749,643
STATE STREET CORP Common Stocks 857477103 3,397 34,800 SH   SOLE   34,800 0 0
SYNTEL INC Common Stocks 87162H103 12,977 564,475 SH   SOLE   238,575 0 325,900
UNITED TECHNOLOGIES CORP Common Stocks 913017109 2,768 21,700 SH   SOLE   21,700 0 0
US BANCORP Common Stocks 902973304 2,052 38,300 SH   SOLE   38,300 0 0
WELLS FARGO & CO Common Stocks 949746101 2,694 44,400 SH   SOLE   44,400 0 0
YUM CHINA HOLDINGS INC Common Stocks 98850P109 1,964 49,072 SH   SOLE   38,907 0 10,165