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
ACCENTURE PLC CL A COM G1151C101 852 3,263 SH   SOLE   3,263 0 0
ADIDAS AG ADR COM 00687A107 655 3,593 SH   SOLE   3,593 0 0
AIA GROUP LTD COM 001317205 3,758 76,683 SH   SOLE   76,683 0 0
AMDOCS LIMITED ORD COM G02602103 349 4,922 SH   SOLE   4,922 0 0
ASE Technology Holding Co., Lt COM 00215W100 1,244 213,047 SH   SOLE   213,047 0 0
ASML HOLDING NV COM N07059210 6,087 12,481 SH   SOLE   12,481 0 0
ASTRAZENECA PLC ADR COM 046353108 380 7,601 SH   SOLE   7,601 0 0
Aercap Holdings N.V. COM N00985106 5,533 121,397 SH   SOLE   121,397 0 0
Alibaba Group Holding Ltd. Spo COM 01609W102 4,027 17,304 SH   SOLE   17,304 0 0
Ambev SA Sponsored ADR COM 02319V103 1,035 338,127 SH   SOLE   338,127 0 0
America Movil SAB de CV Sponso COM 02364W105 2,098 144,325 SH   SOLE   144,325 0 0
AngloGold Ashanti Limited Spon COM 035128206 2,273 100,479 SH   SOLE   100,479 0 0
Ascendis Pharma A/S Sponsored COM 04351P101 6,468 38,783 SH   SOLE   38,783 0 0
Astellas Pharma Inc Unsponsore COM 04623U102 220 14,222 SH   SOLE   14,222 0 0
BNP PARIBAS COM 05565A202 560 21,228 SH   SOLE   21,228 0 0
BUNZL PLC COM 120738406 335 10,035 SH   SOLE   10,035 0 0
Baidu, Inc. Sponsored ADR Clas COM 056752108 3,463 16,015 SH   SOLE   16,015 0 0
Banco Bradesco S.A. Sponsored COM 059460303 629 119,609 SH   SOLE   119,609 0 0
Banco Santander-Chile COM 05965X109 415 21,877 SH   SOLE   21,877 0 0
Barrick Gold Corp. COM 067901108 972 42,658 SH   SOLE   42,658 0 0
CGI Inc. COM 12532H104 7,683 96,868 SH   SOLE   96,868 0 0
CHECK POINT SOFTWARE TECH COM M22465104 4,434 33,363 SH   SOLE   33,363 0 0
CHUBB LIMITED COM H1467J104 479 3,112 SH   SOLE   3,112 0 0
Cae Inc. COM 124765108 6,608 238,206 SH   SOLE   238,206 0 0
China Mobile Limited Sponsored COM 16941M109 828 29,017 SH   SOLE   29,017 0 0
Credicorp Ltd. COM G2519Y108 773 4,715 SH   SOLE   4,715 0 0
Credit Suisse Group COM 225401108 1,073 83,836 SH   SOLE   83,836 0 0
DASSAULT SYSTEMS ADR COM 237545108 974 4,792 SH   SOLE   4,792 0 0
DIAGEO PLC COM 25243Q205 441 2,780 SH   SOLE   2,780 0 0
Dr. Reddy's Laboratories Ltd. COM 256135203 1,723 24,167 SH   SOLE   24,167 0 0
ERICSSON L M TELEPHONE CO COM 294821608 9,519 796,575 SH   SOLE   796,575 0 0
Ecopetrol SA Sponsored ADR COM 279158109 626 48,524 SH   SOLE   48,524 0 0
Elbit Systems Ltd. COM M3760D101 4,233 32,366 SH   SOLE   32,366 0 0
Experian PLC COM 30215C101 2,126 56,010 SH   SOLE   56,010 0 0
Fabrinet COM G3323L100 1,126 14,516 SH   SOLE   14,516 0 0
Ferrari NV COM N3167Y103 12,379 53,935 SH   SOLE   53,935 0 0
GALAPAGOS NV COM 36315X101 1,898 19,180 SH   SOLE   19,180 0 0
GDS Holdings Ltd. Sponsored AD COM 36165L108 1,529 16,328 SH   SOLE   16,328 0 0
GRIFOLS SA COM 398438408 4,116 223,220 SH   SOLE   223,220 0 0
HDFC Bank Limited Sponsored AD COM 40415F101 2,092 28,956 SH   SOLE   28,956 0 0
HSBC HLDGS PLC SPONS ADR NEW COM 404280406 234 9,048 SH   SOLE   9,048 0 0
IBERDROLA SA SPONSORED ADR COM 450737101 411 7,182 SH   SOLE   7,182 0 0
ICICI Bank Limited Sponsored A COM 45104G104 4,130 277,951 SH   SOLE   277,951 0 0
INFINEON TECHNOLOGIES COM 45662N103 1,813 47,206 SH   SOLE   47,206 0 0
INTERCONTINENTAL HOTELS GROUP COM 45857P806 6,605 101,433 SH   SOLE   101,433 0 0
Icon Plc COM G4705A100 6,335 32,493 SH   SOLE   32,493 0 0
Infosys Limited Sponsored ADR COM 456788108 3,364 198,487 SH   SOLE   198,487 0 0
JD COM INC ADR COM 47215P106 3,127 35,578 SH   SOLE   35,578 0 0
Julius Baer Gruppe AG Unsponso COM 48137C108 3,423 296,606 SH   SOLE   296,606 0 0
Jumia Technologies AG COM 48138M105 969 24,022 SH   SOLE   24,022 0 0
KB Financial Group Inc. Sponso COM 48241A105 2,095 52,908 SH   SOLE   52,908 0 0
KDDI CORP UNSPONSORED ADR COM 48667L106 257 17,341 SH   SOLE   17,341 0 0
KT Corporation Sponsored ADR COM 48268K101 1,081 98,215 SH   SOLE   98,215 0 0
Kasikornbank Public Co. Ltd. U COM 485785109 875 57,481 SH   SOLE   57,481 0 0
LONZA GROUP AG UNSPON ADR COM 54338V101 965 14,996 SH   SOLE   14,996 0 0
Lloyds Tsb Group Plc COM 539439109 527 269,000 SH   SOLE   269,000 0 0
Logitech International S.A. COM H50430232 7,667 78,883 SH   SOLE   78,883 0 0
London Stock Exchange Group pl COM 54211N101 424 13,762 SH   SOLE   13,762 0 0
MEDTRONIC PLC COM G5960L103 345 2,947 SH   SOLE   2,947 0 0
METTLER-TOLEDO INTL W/1 RT/SH COM 592688105 750 658 SH   SOLE   658 0 0
MMC Norilsk Nickel COM 55315J102 1,467 46,594 SH   SOLE   46,594 0 0
MercadoLibre, Inc. COM 58733R102 5,074 3,029 SH   SOLE   3,029 0 0
Merck KGaA Sponsored ADR COM 589339209 2,533 73,743 SH   SOLE   73,743 0 0
Morphosys AG COM 617760202 1,590 56,112 SH   SOLE   56,112 0 0
NATIONAL AUSTRALIA BANK ADR COM 632525408 403 46,170 SH   SOLE   46,170 0 0
NESTLE SA SPONSORED ADR REPSTG COM 641069406 610 5,180 SH   SOLE   5,180 0 0
NIDEC CORP ADR COM 654090109 1,416 45,050 SH   SOLE   45,050 0 0
NIPPON TEL & TEL CORP ADR COM 654624105 379 14,797 SH   SOLE   14,797 0 0
NOKIA CORP -SPON ADR COM 654902204 2,890 739,239 SH   SOLE   739,239 0 0
NOVARTIS AG ADR COM 66987V109 468 4,959 SH   SOLE   4,959 0 0
Naspers Limited Sponsored ADR COM 631512209 3,089 76,016 SH   SOLE   76,016 0 0
Oil company LUKOIL PJSC Sponso COM 69343P105 797 11,662 SH   SOLE   11,662 0 0
Open Text Corp. COM 683715106 5,260 115,696 SH   SOLE   115,696 0 0
Orix Corp. COM 686330101 4,768 61,659 SH   SOLE   61,659 0 0
PEARSON PLC SPONSORED ADR ADR COM 705015105 3,225 351,329 SH   SOLE   351,329 0 0
PT Bank Mandiri (Persero) Tbk COM 69367U105 999 110,926 SH   SOLE   110,926 0 0
PT Bank Rakyat Indonesia (Pers COM 69366X100 322 21,701 SH   SOLE   21,701 0 0
PagSeguro Digital Ltd COM G68707101 2,202 38,707 SH   SOLE   38,707 0 0
Petroleo Brasileiro SA Sponsor COM 71654V408 819 72,919 SH   SOLE   72,919 0 0
Pinduoduo, Inc. Sponsored ADR COM 722304102 388 2,184 SH   SOLE   2,184 0 0
Prosus N.V. Sponsored ADR COM 74365P108 1,907 88,199 SH   SOLE   88,199 0 0
Public Joint-Stock Company Gaz COM 368287207 479 85,473 SH   SOLE   85,473 0 0
RELX PLC Sponsored ADR COM 759530108 1,708 69,273 SH   SOLE   69,273 0 0
RIO TINTO PLC SPONSORED ADR COM 767204100 401 5,330 SH   SOLE   5,330 0 0
ROYAL DUTCH SHELL PLC -ADR COM 780259206 325 9,242 SH   SOLE   9,242 0 0
Rakuten Inc. COM 75102W108 119 12,376 SH   SOLE   12,376 0 0
SAP SE-SPONSORED ADR COM 803054204 4,432 33,987 SH   SOLE   33,987 0 0
SHIN-ETSU CHEM UNSPON ADR COM 824551105 590 13,515 SH   SOLE   13,515 0 0
SIEMENS AG ADR COM 826197501 336 4,686 SH   SOLE   4,686 0 0
SK Telecom Co., Ltd. Sponsored COM 78440P108 1,871 76,447 SH   SOLE   76,447 0 0
SOFTBANK GROUP CORP COM 83404D109 533 13,788 SH   SOLE   13,788 0 0
SONY CORP COM 835699307 15,080 149,159 SH   SOLE   149,159 0 0
Sberbank Russia OJSC Sponsored COM 80585Y308 1,304 88,918 SH   SOLE   88,918 0 0
Shinhan Financial Group Co Ltd COM 824596100 600 20,153 SH   SOLE   20,153 0 0
Shopify, Inc. Class A COM 82509L107 17,241 15,231 SH   SOLE   15,231 0 0
Smith & Nephew Plc COM 83175M205 7,158 169,737 SH   SOLE   169,737 0 0
Sociedad Quimica Y Minera De C COM 833635105 1,276 26,003 SH   SOLE   26,003 0 0
South32 ADR COM 84473L105 1,013 106,263 SH   SOLE   106,263 0 0
Spotify Technology SA COM L8681T102 513 1,630 SH   SOLE   1,630 0 0
Stmicroelectronics N.V. COM 861012102 6,854 184,638 SH   SOLE   184,638 0 0
Symrise AG Unsponsored ADR COM 87155N109 414 12,488 SH   SOLE   12,488 0 0
TORONTO DOMINION BANK NY COM 891160509 331 5,874 SH   SOLE   5,874 0 0
TOTAL FINA ELF S A SPONSORED A COM 89151E109 412 9,832 SH   SOLE   9,832 0 0
Taiwan Semiconductor Manufactu COM 874039100 6,925 63,510 SH   SOLE   63,510 0 0
Tal Education Group COM 874080104 2,191 30,633 SH   SOLE   30,633 0 0
Teck Resources Ltd. COM 878742204 1,844 101,607 SH   SOLE   101,607 0 0
Tencent Holdings Ltd. Unsponso COM 88032Q109 2,089 28,715 SH   SOLE   28,715 0 0
Toyota Motor Corp. COM 892331307 266 1,722 SH   SOLE   1,722 0 0
Trip.com Group Ltd. Sponsored COM 89677Q107 281 8,330 SH   SOLE   8,330 0 0
Turkcell Iletisim Hizmetleri A COM 900111204 501 93,011 SH   SOLE   93,011 0 0
UBS Group AG COM H42097107 5,964 422,072 SH   SOLE   422,072 0 0
United Microelectronics Corp S COM 910873405 827 98,129 SH   SOLE   98,129 0 0
Vale S.A. Sponsored ADR COM 91912E105 2,404 143,419 SH   SOLE   143,419 0 0
Vestas Wind Systems A/S Unspon COM 925458101 322 4,110 SH   SOLE   4,110 0 0
WNS (Holdings) Limited Sponsor COM 92932M101 1,610 22,345 SH   SOLE   22,345 0 0
Yandex NV Class A COM N97284108 2,168 31,154 SH   SOLE   31,154 0 0
uniQure N.V. COM N90064101 4,445 123,040 SH   SOLE   123,040 0 0