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
3M CO COM 88579Y101 126,411 575,850 SH   SOLE   575,850 0 0
51JOB INC SP ADR REP COM 316827104 380,190 4,418,759 SH   SOLE   4,418,759 0 0
ABB LTD SPONSORED ADR 000375204 30 1,259 SH   SOLE   1,259 0 0
ABBOTT LABS COM 002824100 136,442 2,277,068 SH   SOLE   2,277,068 0 0
ADOBE SYS INC COM 00724F101 19 90 SH   SOLE   90 0 0
AERCAP HOLDINGS NV SHS N00985106 11 220 SH   SOLE   220 0 0
AIR PRODS & CHEMS INC COM 009158106 51 320 SH   SOLE   320 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 343,814 1,873,236 SH   SOLE   1,873,236 0 0
ALLERGAN PLC SHS G0177J108 121 720 SH   SOLE   720 0 0
ALLSTATE CORP COM 020002101 290 3,058 SH   SOLE   3,058 0 0
ALPHABET INC CAP STK CL A 02079K305 47 45 SH   SOLE   45 0 0
AMAZON COM INC COM 023135106 177,315 122,511 SH   SOLE   122,511 0 0
AMBEV SA SPONSORED ADR 02319V103 178,495 24,552,211 SH   SOLE   24,552,211 0 0
AMERISOURCEBERGEN CORP COM 03073E105 135,913 1,576,538 SH   SOLE   1,576,538 0 0
AMETEK INC NEW COM 031100100 62 820 SH   SOLE   820 0 0
AMPHENOL CORP NEW CL A 032095101 60 700 SH   SOLE   700 0 0
ANTHEM INC COM 036752103 176 800 SH   SOLE   800 0 0
APPLE INC COM 037833100 209,813 1,250,521 SH   SOLE   1,250,521 0 0
ASML HOLDING N V N Y REGISTRY SHS N07059210 107 540 SH   SOLE   540 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 61 540 SH   SOLE   540 0 0
AVERY DENNISON CORP COM 053611109 64 600 SH   SOLE   600 0 0
BAIDU INC SPON ADR REP A 056752108 975,802 4,372,070 SH   SOLE   4,372,070 0 0
BANCO BILBAO VIZCAYA ARGENTA SPONSORED ADR 05946K101 244,593 30,961,182 SH   SOLE   30,961,182 0 0
BANCO BRADESCO S A SP ADR PFD NEW 059460303 284,217 23,924,043 SH   SOLE   23,924,043 0 0
BANCO MACRO SA SPON ADR B 05961W105 137,702 1,275,371 SH   SOLE   1,275,371 0 0
BANCO SANTANDER CHILE NEW SP ADR REP COM 05965X109 211,750 6,319,004 SH   SOLE   6,319,004 0 0
BANCO SANTANDER S A SPONSORED ADR B 05969B103 67 9,328 SH   SOLE   9,328 0 0
BANCOLOMBIA S A SPON ADR PREF 05968L102 173,404 4,126,701 SH   SOLE   4,126,701 0 0
BOOKING HLDGS INC COM 09857L108 359,429 172,770 SH   SOLE   172,770 0 0
BORGWARNER INC COM 099724106 12 235 SH   SOLE   235 0 0
BRITISH AMERN TOB PLC SPONSORED ADR 110448107 21 365 SH   SOLE   365 0 0
BROADCOM LTD SHS Y09827109 63 267 SH   SOLE   267 0 0
CANADIAN NATL RY CO COM 136375102 527,452 7,212,524 SH   SOLE   7,212,524 0 0
CELGENE CORP COM 151020104 7 76 SH   SOLE   76 0 0
CENOVUS ENERGY INC COM 15135U109 0 4 SH   SOLE   4 0 0
CHECK POINT SOFTWARE TECH LT ORD M22465104 738,327 7,432,326 SH   SOLE   7,432,326 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 142,866 3,122,759 SH   SOLE   3,122,759 0 0
CHURCH & DWIGHT INC COM 171340102 54 1,080 SH   SOLE   1,080 0 0
CISCO SYS INC COM 17275R102 54 1,270 SH   SOLE   1,270 0 0
CNOOC LTD SPONSORED ADR 126132109 308,800 2,088,324 SH   SOLE   2,088,324 0 0
COCA COLA FEMSA S A B DE C V SPON ADR REP L 191241108 16,098 242,332 SH   SOLE   242,332 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 151,910 1,887,077 SH   SOLE   1,887,077 0 0
COLGATE PALMOLIVE CO COM 194162103 168,469 2,350,297 SH   SOLE   2,350,297 0 0
COMPANHIA BRASILEIRA DE DIST SPN ADR PFD CL A 20440T201 132,158 6,542,476 SH   SOLE   6,542,476 0 0
COSTCO WHSL CORP NEW COM 22160K105 67 355 SH   SOLE   355 0 0
CREDICORP LTD COM G2519Y108 239,322 1,054,097 SH   SOLE   1,054,097 0 0
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 109,695 2,352,957 SH   SOLE   2,352,957 0 0
DANAHER CORP DEL COM 235851102 13 135 SH   SOLE   135 0 0
DEERE & CO COM 244199105 31 200 SH   SOLE   200 0 0
DISNEY WALT CO COM DISNEY 254687106 128,248 1,276,858 SH   SOLE   1,276,858 0 0
EBAY INC COM 278642103 148,920 3,700,789 SH   SOLE   3,700,789 0 0
ECOLAB INC COM 278865100 55 400 SH   SOLE   400 0 0
ECOPETROL S A SPONSORED ADS 279158109 17,945 928,346 SH   SOLE   928,346 0 0
EMERSON ELEC CO COM 291011104 13 185 SH   SOLE   185 0 0
ENCANA CORP COM 292505104 62 5,670 SH   SOLE   5,670 0 0
ENERSYS COM 29275Y102 14 200 SH   SOLE   200 0 0
EPAM SYS INC COM 29414B104 17 150 SH   SOLE   150 0 0
EQUIFAX INC COM 294429105 61 520 SH   SOLE   520 0 0
EVEREST RE GROUP LTD COM G3223R108 31 120 SH   SOLE   120 0 0
EXXON MOBIL CORP COM 30231G102 111,391 1,492,979 SH   SOLE   1,492,979 0 0
FACEBOOK INC CL A 30303M102 196,086 1,227,147 SH   SOLE   1,227,147 0 0
FIRST REP BK SAN FRANCISCO C COM 33616C100 348,607 3,764,244 SH   SOLE   3,764,244 0 0
FISERV INC COM 337738108 64 900 SH   SOLE   900 0 0
FLOWSERVE CORP COM 34354P105 23 530 SH   SOLE   530 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 92,129 1,007,649 SH   SOLE   1,007,649 0 0
FRESENIUS MED CARE AG&CO KGA SPONSORED ADR 358029106 216,419 4,236,858 SH   SOLE   4,236,858 0 0
GARTNER INC COM 366651107 53 450 SH   SOLE   450 0 0
GRIFOLS S A SP ADR REP B NVT 398438408 342,074 16,135,578 SH   SOLE   16,135,578 0 0
GRUPO AEROPORTUARIO DEL SURE SPON ADR SER B 40051E202 233,162 1,366,956 SH   SOLE   1,366,956 0 0
GRUPO FINANCIERO GALICIA S A SP ADR 10 SH B 399909100 15,396 234,129 SH   SOLE   234,129 0 0
GRUPO TELEVISA SA SPON ADR REP ORD 40049J206 114,268 7,149,506 SH   SOLE   7,149,506 0 0
HDFC BANK LTD ADR REPS 3 SHS 40415F101 357,305 3,617,550 SH   SOLE   3,617,550 0 0
HEALTHCARE SVCS GRP INC COM 421906108 10 220 SH   SOLE   220 0 0
HEICO CORP NEW COM 422806109 15 170 SH   SOLE   170 0 0
HELMERICH & PAYNE INC COM 423452101 12 180 SH   SOLE   180 0 0
HSBC HLDGS PLC SPON ADR NEW 404280406 119,308 2,502,797 SH   SOLE   2,502,797 0 0
ICICI BK LTD ADR 45104G104 448,354 50,661,493 SH   SOLE   50,661,493 0 0
IDEXX LABS INC COM 45168D104 13 70 SH   SOLE   70 0 0
ILLINOIS TOOL WKS INC COM 452308109 125 800 SH   SOLE   800 0 0
ILLUMINA INC COM 452327109 14 60 SH   SOLE   60 0 0
INFOSYS LTD SPONSORED ADR 456788108 172 9,650 SH   SOLE   9,650 0 0
INGERSOLL-RAND PLC SHS G47791101 32 380 SH   SOLE   380 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 58 380 SH   SOLE   380 0 0
IPG PHOTONICS CORP COM 44980X109 204,353 875,625 SH   SOLE   875,625 0 0
IQVIA HLDGS INC COM 46266C105 57 580 SH   SOLE   580 0 0
ISHARES TR MSCI EAFE ETF 464287465 21 300 SH   SOLE   300 0 0
ISHARES TR S&P MC 400GR ETF 464287606 254 1,163 SH   SOLE   1,163 0 0
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 1,057,506 67,788,878 SH   SOLE   67,788,878 0 0
JD COM INC SPON ADR CL A 47215P106 256,951 6,346,036 SH   SOLE   6,346,036 0 0
JOHNSON & JOHNSON COM 478160104 103 800 SH   SOLE   800 0 0
JPMORGAN CHASE & CO COM 46625H100 32 295 SH   SOLE   295 0 0
LOGITECH INTL S A SHS H50430232 11 304 SH   SOLE   304 0 0
LULULEMON ATHLETICA INC COM 550021109 26 290 SH   SOLE   290 0 0
MASTERCARD INCORPORATED CL A 57636Q104 234,817 1,340,586 SH   SOLE   1,340,586 0 0
MCDONALDS CORP COM 580135101 71 456 SH   SOLE   456 0 0
METTLER TOLEDO INTERNATIONAL COM 592688105 17 30 SH   SOLE   30 0 0
MICROSOFT CORP COM 594918104 123,361 1,351,601 SH   SOLE   1,351,601 0 0
MONSANTO CO NEW COM 61166W101 106,099 909,244 SH   SOLE   909,244 0 0
NETEASE INC SPONSORED ADR 64110W102 78,628 280,425 SH   SOLE   280,425 0 0
NEW ORIENTAL ED & TECH GRP I SPON ADR 647581107 68 780 SH   SOLE   780 0 0
NIKE INC CL B 654106103 194,315 2,924,671 SH   SOLE   2,924,671 0 0
NOBLE ENERGY INC COM 655044105 48 1,600 SH   SOLE   1,600 0 0
NOVARTIS A G SPONSORED ADR 66987V109 141 1,750 SH   SOLE   1,750 0 0
NVIDIA CORP COM 67066G104 14 60 SH   SOLE   60 0 0
OPEN TEXT CORP COM 683715106 0 1 SH   SOLE   1 0 0
PAYPAL HLDGS INC COM 70450Y103 438,434 5,778,756 SH   SOLE   5,778,756 0 0
PRAXAIR INC COM 74005P104 5,520 37,099 SH   SOLE   37,099 0 0
PRICE T ROWE GROUP INC COM 74144T108 62 570 SH   SOLE   570 0 0
PRICESMART INC COM 741511109 1,535 18,377 SH   SOLE   18,377 0 0
PROCTER AND GAMBLE CO COM 742718109 108 1,360 SH   SOLE   1,360 0 0
PRUDENTIAL FINL INC COM 744320102 48 460 SH   SOLE   460 0 0
RED HAT INC COM 756577102 18 120 SH   SOLE   120 0 0
REGENERON PHARMACEUTICALS COM 75886F107 215,653 625,564 SH   SOLE   625,564 0 0
REINSURANCE GROUP AMER INC COM NEW 759351604 59 380 SH   SOLE   380 0 0
ROCKWELL AUTOMATION INC COM 773903109 30 170 SH   SOLE   170 0 0
ROLLINS INC COM 775711104 20 400 SH   SOLE   400 0 0
ROPER TECHNOLOGIES INC COM 776696106 406,471 1,449,713 SH   SOLE   1,449,713 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 462,217 6,958,778 SH   SOLE   6,958,778 0 0
RYANAIR HLDGS PLC SPONSORED ADR NE 783513203 40 323 SH   SOLE   323 0 0
SALESFORCE COM INC COM 79466L302 15 130 SH   SOLE   130 0 0
SAP SE SPON ADR 803054204 725,313 6,798,437 SH   SOLE   6,798,437 0 0
SASOL LTD SPONSORED ADR 803866300 137,384 4,030,468 SH   SOLE   4,030,468 0 0
SCHLUMBERGER LTD COM 806857108 733,855 11,288,022 SH   SOLE   11,288,022 0 0
SENSATA TECHNOLOGIES HLDNG P SHS G8060N102 1,619 31,240 SH   SOLE   31,240 0 0
SHIRE PLC SPONSORED ADR 82481R106 223,488 1,479,426 SH   SOLE   1,479,426 0 0
SIGNATURE BK NEW YORK N Y COM 82669G104 113,464 799,647 SH   SOLE   799,647 0 0
STARBUCKS CORP COM 855244109 135,272 2,336,963 SH   SOLE   2,336,963 0 0
SUNCOR ENERGY INC NEW COM 867224107 0 1 SH   SOLE   1 0 0
SVB FINL GROUP COM 78486Q101 221,561 923,675 SH   SOLE   923,675 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 1,044,240 24,280,530 SH   SOLE   24,280,530 0 0
TELECOM ARGENTINA S A SPON ADR REP B 879273209 10,331 329,750 SH   SOLE   329,750 0 0
TENARIS S A SPONSORED ADR 88031M109 560,958 16,261,104 SH   SOLE   16,261,104 0 0
TEXAS INSTRS INC COM 882508104 41 390 SH   SOLE   390 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 12 60 SH   SOLE   60 0 0
TJX COS INC NEW COM 872540109 67 820 SH   SOLE   820 0 0
TRACTOR SUPPLY CO COM 892356106 59 930 SH   SOLE   930 0 0
TRANSOCEAN LTD REG SHS H8817H100 2 218 SH   SOLE   218 0 0
ULTRAPAR PARTICIPACOES S A SP ADR REP COM 90400P101 152 7,040 SH   SOLE   7,040 0 0
UNILEVER N V N Y SHS NEW 904784709 0 1 SH   SOLE   1 0 0
UNILEVER PLC SPON ADR NEW 904767704 241,872 4,358,900 SH   SOLE   4,358,900 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 193 3,550 SH   SOLE   3,550 0 0
VERISK ANALYTICS INC COM 92345Y106 298,414 2,872,601 SH   SOLE   2,872,601 0 0
VISA INC COM CL A 92826C839 31 260 SH   SOLE   260 0 0
WABCO HLDGS INC COM 92927K102 124,959 932,500 SH   SOLE   932,500 0 0
WABTEC CORP COM 929740108 15 180 SH   SOLE   180 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 96,087 1,465,810 SH   SOLE   1,465,810 0 0
WATERS CORP COM 941848103 171,907 865,717 SH   SOLE   865,717 0 0
WEIBO CORP SPONSORED ADR 948596101 815,789 6,929,119 SH   SOLE   6,929,119 0 0
WORKDAY INC CL A 98138H101 18 140 SH   SOLE   140 0 0
WPP PLC NEW ADR 92937A102 141,599 1,705,716 SH   SOLE   1,705,716 0 0
YANDEX N V SHS CLASS A N97284108 149,425 3,799,301 SH   SOLE   3,799,301 0 0
ZOETIS INC CL A 98978V103 32 380 SH   SOLE   380 0 0