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 856,471 4,900 SH   SOLE   4,900 0 0
AALBERTS INDUSTRIES NV COM 00B1W8P14 692,803 15,530 SH   SOLE   3,530 0 12,000
ABB LTD-REG COM 007108899 1,335,086 47,760 SH   SOLE   10,670 0 37,090
ABBOTT LABS COM 002824100 645,991 5,900 SH   SOLE   4,200 0 1,700
ACCOR SA COM 005852842 438,661 12,112 SH   SOLE   2,662 0 9,450
ADVANCED AUTO PARTS COM 00751Y106 283,518 1,800 SH   SOLE   1,800 0 0
ADVANCED MICRO DEV COM 007903107 1,338,966 14,600 SH   SOLE   11,600 0 3,000
AEON MALL CO LTD COM 006534202 1,191,870 72,300 SH   SOLE   20,700 0 51,600
AIRBUS SE COM 004012250 576,934 5,252 SH   SOLE   1,102 0 4,150
ALEXION PHARM. COM 015351109 382,788 2,450 SH   SOLE   2,450 0 0
ALIGN TECHNOLOGY INC COM 016255101 374,066 700 SH   SOLE   700 0 0
ALLIANZ SE-REG COM 005231485 1,619,020 6,593 SH   SOLE   1,491 0 5,102
ALPHABET INC. CL A COM 02079K305 2,997,014 1,710 SH   SOLE   1,410 0 300
ALPHABET INC. CL C COM 02079K107 2,943,158 1,680 SH   SOLE   1,430 0 250
AMAZON COM COM 023135106 2,393,844 735 SH   SOLE   735 0 0
AMER. ELEC. PWR COM 025537101 724,449 8,700 SH   SOLE   6,200 0 2,500
AMEREN CORP. COM 023608102 749,376 9,600 SH   SOLE   6,800 0 2,800
AMERICAN FINL GP COM 025932104 429,338 4,900 SH   SOLE   4,900 0 0
AMERICAN TOWER CORP. COM 03027X100 1,194,127 5,320 SH   SOLE   4,420 0 900
ANALOG DEVICES INC. COM 032654105 1,004,564 6,800 SH   SOLE   4,800 0 2,000
ANHEUSER-BUSCH INBEV NV COM 00BYYHL23 539,412 7,733 SH   SOLE   1,683 0 6,050
ANSYS INC COM 03662Q105 381,990 1,050 SH   SOLE   1,050 0 0
AON CORP ADR G0408V102 1,179,943 5,585 SH   SOLE   1,335 0 4,250
APOLLO GLOBAL MANAGEMENT COM 03768E105 1,204,908 24,600 SH   SOLE   17,500 0 7,100
APPLE INC. COM 037833100 4,683,957 35,300 SH   SOLE   31,600 0 3,700
APPLIED MATLS INC. COM 038222105 4,591,160 53,200 SH   SOLE   41,500 0 11,700
APTIV PLC ADR G6095L109 1,109,159 8,513 SH   SOLE   2,213 0 6,300
ARAMARK COM 03852U106 1,181,336 30,700 SH   SOLE   21,800 0 8,900
ARCH CAPITAL GP LTD. ADR G0450A105 1,196,947 33,184 SH   SOLE   8,234 0 24,950
ASAHI GROUP HOLDINGS LTD COM 006054409 826,233 20,100 SH   SOLE   4,100 0 16,000
ASML HOLDING NV COM 00B929F46 2,171,875 4,465 SH   SOLE   965 0 3,500
ASSICURAZIONI GENERALI COM 004056719 655,183 37,551 SH   SOLE   8,501 0 29,050
ASTRONICS CORP COM 046433108 1,027,971 77,700 SH   SOLE   77,700 0 0
AT&T INC. COM 00206R102 1,784,558 62,050 SH   SOLE   44,050 0 18,000
ATLAS COPCO AB-A SHS COM 00BD97BN2 843,477 16,450 SH   SOLE   0 0 16,450
AVANTOR INC. COM 05352A100 844,500 30,000 SH   SOLE   21,300 0 8,700
B3 SA-BRASIL BOLSA BALCAO COM 00BG36ZK1 874,059 73,250 SH   SOLE   16,250 0 57,000
BAIDU COM INC ADR 056752108 583,848 2,700 SH   SOLE   300 0 2,400
BANDAI NAMCO HOLDINGS INC COM 00B0JDQD4 968,291 11,200 SH   SOLE   2,000 0 9,200
BANK OF AMERICA COM 060505104 3,074,950 101,450 SH   SOLE   72,050 0 29,400
BAXTER INTL INC. COM 071813109 894,676 11,150 SH   SOLE   8,850 0 2,300
BAYER AG-REG COM 005069211 444,198 7,539 SH   SOLE   1,703 0 5,836
BEAZER HOMES USA COM 07556Q881 55,752 3,680 SH   SOLE   3,680 0 0
BECTON DICKINSON & CO COM 075887109 1,396,228 5,580 SH   SOLE   5,580 0 0
BEIERSDORF AG COM 005107401 1,145,814 9,916 SH   SOLE   2,238 0 7,678
BERKSHIRE HATH. B COM 084670702 1,831,773 7,900 SH   SOLE   5,600 0 2,300
BIOGEN IDEC INC COM 09062X103 1,934,394 7,900 SH   SOLE   5,900 0 2,000
BJS WHOLESALE CLUB COM 05550J101 600,208 16,100 SH   SOLE   11,400 0 4,700
BLACKROCK INC. COM 09247X101 2,597,544 3,600 SH   SOLE   2,800 0 800
BNP PARIBAS COM 007309681 628,621 11,919 SH   SOLE   2,669 0 9,250
BOEING CO. COM 097023105 1,673,949 7,820 SH   SOLE   5,520 0 2,300
BOOKING HOLDINGS INC. COM 09857L108 334,091 150 SH   SOLE   150 0 0
BREMBO SPA COM 00BF37983 1,213,050 91,798 SH   SOLE   25,598 0 66,200
BRISTOL MYERS SQUIBB COM 110122108 3,333,492 53,740 SH   SOLE   38,140 0 15,600
BURBERRY GROUP PLC COM 003174300 575,947 23,545 SH   SOLE   5,245 0 18,300
CALBEE INC COM 00B3TBRZ8 475,936 15,800 SH   SOLE   3,800 0 12,000
CANADIAN NATL RAILWAY CO COM 002180632 738,365 6,722 SH   SOLE   1,472 0 5,250
CANADIAN PACIFIC RAILWAY COM 002793115 941,284 2,716 SH   SOLE   566 0 2,150
CARLISLE COS. COM 142339100 968,316 6,200 SH   SOLE   4,400 0 1,800
CARLSBERG AS-B COM 004169219 910,037 5,677 SH   SOLE   1,285 0 4,392
CARMAX GROUP COM 143130102 746,234 7,900 SH   SOLE   5,600 0 2,300
CARPENTER TECH. COM 144285103 585,312 20,100 SH   SOLE   20,100 0 0
CARVANA CO. COM 146869102 383,264 1,600 SH   SOLE   1,600 0 0
CCL INDUSTRIES, CL B COM 002159795 1,186,419 26,155 SH   SOLE   5,805 0 20,350
CELANESE CORP COM 150870103 831,616 6,400 SH   SOLE   4,500 0 1,900
CHANNELADVISOR CORP COM 159179100 242,896 15,200 SH   SOLE   15,200 0 0
CHARLES RIV LABS INTL. COM 159864107 699,608 2,800 SH   SOLE   2,000 0 800
CHARTER PLC COM 16119P108 727,705 1,100 SH   SOLE   800 0 300
CHASE CORP COM 16150R104 308,081 3,050 SH   SOLE   3,050 0 0
CHEVRON CORP COM 166764100 1,362,939 16,139 SH   SOLE   11,443 0 4,696
CHIPOTLE MEXICAN GRILL COM 169656105 346,678 250 SH   SOLE   250 0 0
CIE FINANCIERE RICHEMONT- COM 00BCRWZ18 1,096,180 12,100 SH   SOLE   0 0 12,100
CIE FINANCIERE RICHEMONT- COM 00BN2BT82 6,297 24,200 SH   SOLE   0 0 24,200
CIGNA CORP. COM 125523100 2,237,935 10,750 SH   SOLE   7,650 0 3,100
CITIGROUP INC. COM 172967424 573,438 9,300 SH   SOLE   9,300 0 0
CITIZENS FINANCIAL GROUP COM 174610105 1,150,757 32,180 SH   SOLE   22,830 0 9,350
COCA COLA COMPANY COM 191216100 811,632 14,800 SH   SOLE   10,500 0 4,300
COLGATE PALMOLIVE COM 194162103 359,142 4,200 SH   SOLE   4,200 0 0
COMMSCOPE HOLDING COM 20337X109 564,140 42,100 SH   SOLE   42,100 0 0
COMPASS GROUP PLC COM 00BD6K457 1,463,096 78,528 SH   SOLE   17,341 0 61,187
COMPASS MINERALS INTL COM 20451N101 1,505,968 24,400 SH   SOLE   17,300 0 7,100
COSTCO WHOLESALE COM 22160K105 1,657,832 4,400 SH   SOLE   3,100 0 1,300
CREDIT SAISON CO LTD COM 006591809 492,803 42,900 SH   SOLE   9,500 0 33,400
CSW INDUSTRIALS INC. COM 126402106 637,887 5,700 SH   SOLE   5,700 0 0
CSX CORP. COM 126408103 335,775 3,700 SH   SOLE   3,700 0 0
CUMMINS INC COM 231021106 340,650 1,500 SH   SOLE   1,500 0 0
CYBERAGENT INC COM 006220501 826,384 12,000 SH   SOLE   2,000 0 10,000
D R HORTON INC. COM 23331A109 654,740 9,500 SH   SOLE   6,800 0 2,700
DAIKIN INDUSTRIES LTD COM 006250724 1,109,981 5,000 SH   SOLE   0 0 5,000
DANAHER CORP COM 235851102 555,350 2,500 SH   SOLE   1,800 0 700
DARLING INGREDIENTS COM 237266101 386,456 6,700 SH   SOLE   6,700 0 0
DECKERS OUTDOOR CORP COM 243537107 544,882 1,900 SH   SOLE   1,900 0 0
DEERE & CO. COM 244199105 349,765 1,300 SH   SOLE   1,300 0 0
DENSO CORP COM 006640381 689,180 11,600 SH   SOLE   2,100 0 9,500
DEUTSCHE BOERSE AG COM 007021963 3,135,491 18,403 SH   SOLE   4,153 0 14,250
DEUTSCHE POST AG-REG COM 004617859 1,855,789 37,450 SH   SOLE   5,100 0 32,350
DEVON ENERGY (NEW) COM 25179M103 2,558,058 161,800 SH   SOLE   114,900 0 46,900
DEXCOM INC COM 252131107 776,412 2,100 SH   SOLE   1,500 0 600
DIAGEO PLC COM 000237400 571,032 14,515 SH   SOLE   3,160 0 11,355
DIGITAL REALTY TRUST INC COM 253868103 1,286,143 9,219 SH   SOLE   2,266 0 6,953
DISCOVER FINCL SERVICES COM 254709108 1,210,386 13,370 SH   SOLE   9,470 0 3,900
DISNEY WALT PRODTNS COM 254687106 452,950 2,500 SH   SOLE   2,500 0 0
DOCUSIGN INC. COM 256163106 355,680 1,600 SH   SOLE   1,600 0 0
DOLLAR TREE INC COM 256746108 378,140 3,500 SH   SOLE   3,500 0 0
DOLLARAMA INC COM 00B4TP9G2 841,564 20,666 SH   SOLE   4,516 0 16,150
DOMINION RESOURCES COM 25746U109 744,480 9,900 SH   SOLE   7,000 0 2,900
DUCOMMUN INC. COM 264147109 596,070 11,100 SH   SOLE   11,100 0 0
DUPONT DE NEMOURS COM 26614N102 1,400,867 19,700 SH   SOLE   14,000 0 5,700
EASTMAN CHEM CO COM 277432100 962,688 9,600 SH   SOLE   6,800 0 2,800
EBIX INC COM 278715206 1,150,491 30,300 SH   SOLE   30,300 0 0
EDITAS MEDICINE INC. COM 28106W103 497,781 7,100 SH   SOLE   7,100 0 0
EMERSON ELEC CO. COM 291011104 1,012,662 12,600 SH   SOLE   12,600 0 0
ENTEGRIS INC COM 29362U104 1,133,980 11,800 SH   SOLE   11,800 0 0
EOG RESOURCES INC. COM 26875P101 857,764 17,200 SH   SOLE   17,200 0 0
EQUINIX INC COM 29444U700 2,542,481 3,560 SH   SOLE   2,660 0 900
EXACT SCIENCES CORP COM 30063P105 251,731 1,900 SH   SOLE   1,900 0 0
EXELON CORP. COM 30161N101 1,439,702 34,100 SH   SOLE   28,000 0 6,100
EXPEDIA GROUP INC. COM 30212P303 476,640 3,600 SH   SOLE   3,600 0 0
EXPERIAN PLC COM 00B19NLV4 1,010,690 26,625 SH   SOLE   5,975 0 20,650
EXXON MOBIL CORP. COM 30231G102 2,003,292 48,600 SH   SOLE   34,500 0 14,100
FACEBOOK INC. COM 30303M102 3,537,422 12,950 SH   SOLE   10,650 0 2,300
FACTSET RESH SYS COM 303075105 482,125 1,450 SH   SOLE   1,450 0 0
FANUC CORP ADR 006356934 1,093,051 4,450 SH   SOLE   100 0 4,350
FIDELITY NAT'L INFO SVCS COM 31620M106 2,235,068 15,800 SH   SOLE   12,400 0 3,400
FIFTH THIRD BANCORP COM 316773100 952,819 34,560 SH   SOLE   24,560 0 10,000
FINECOBANK SPA COM 00BNGN9Z1 1,037,167 63,259 SH   SOLE   19,359 0 43,900
FISERV INC. COM 337738108 580,686 5,100 SH   SOLE   5,100 0 0
FIVE9 INC COM 338307101 331,360 1,900 SH   SOLE   1,900 0 0
FOMENTO ECONOMICO MEX-SP ADR 344419106 453,711 5,988 SH   SOLE   1,488 0 4,500
GEBERIT AG-REG COM 00B1WGG93 884,012 1,410 SH   SOLE   356 0 1,054
GENERAL DYNAMICS COM 369550108 2,351,356 15,800 SH   SOLE   11,900 0 3,900
GENERAL ELECTRIC CO. COM 369604103 1,257,120 116,400 SH   SOLE   116,400 0 0
GENERAL MILLS INC. COM 370334104 264,600 4,500 SH   SOLE   4,500 0 0
GENMAB A/S COM 004595739 1,238,889 3,060 SH   SOLE   710 0 2,350
G-III APPAREL GROUP LT COM 36237H101 688,460 29,000 SH   SOLE   29,000 0 0
GILEAD SCIENCES INC. COM 375558103 390,342 6,700 SH   SOLE   6,700 0 0
GLAXOSMITHKLINE PLC COM 000925288 516,818 28,173 SH   SOLE   6,223 0 21,950
GLOBUS MEDICAL CL A COM 379577208 573,936 8,800 SH   SOLE   8,800 0 0
GOLDMAN SACHS GROUP COM 38141G104 1,925,083 7,300 SH   SOLE   5,200 0 2,100
GRACO INC COM 384109104 455,805 6,300 SH   SOLE   6,300 0 0
GREEN DOT CORP. COM 39304D102 306,900 5,500 SH   SOLE   5,500 0 0
GROUPE BRUXELLES LAMBERT COM 007097328 2,390,099 23,672 SH   SOLE   5,264 0 18,408
GROUPE BRUXELLES LAMBERT COM 00BHZLGZ3 1,380,026 13,511 SH   SOLE   2,965 0 10,546
HALMA PLC COM 000405207 1,422,755 42,500 SH   SOLE   9,400 0 33,100
HEINEKEN NV COM 007792559 940,333 8,425 SH   SOLE   1,860 0 6,565
HENKEL AG & CO KGAA VORZU COM 005076705 647,675 5,735 SH   SOLE   1,279 0 4,456
HERMES INTERNATIONAL COM 005253973 990,136 920 SH   SOLE   207 0 713
HEXAGON AB-B SHS COM 00B1XFTL2 1,590,981 17,426 SH   SOLE   3,894 0 13,532
HIKARI TSUSHIN INC COM 006416322 702,601 3,000 SH   SOLE   0 0 3,000
HOME DEPOT INC. COM 437076102 608,270 2,290 SH   SOLE   1,590 0 700
HONEYWELL INT'L COM 438516106 935,880 4,400 SH   SOLE   4,400 0 0
HORACE MANN EDTRS COM 440327104 735,700 17,500 SH   SOLE   17,500 0 0
HOYA CORP COM 006441506 1,091,898 7,900 SH   SOLE   2,000 0 5,900
HSBC HOLDINGS PLC COM 000540528 342,783 66,191 SH   SOLE   14,841 0 51,350
HUBSPOT INC. COM 443573100 515,372 1,300 SH   SOLE   1,300 0 0
IDEXX LABS INC. COM 45168D104 299,922 600 SH   SOLE   600 0 0
IMPERIAL OIL LTD ADR 453038408 40,724 2,140 SH   SOLE   2,140 0 0
IMPERIAL OIL LTD COM 002454241 347,324 18,315 SH   SOLE   2,815 0 15,500
INFINEON TECHNOLOGIES AG COM 005889505 1,070,333 27,868 SH   SOLE   6,168 0 21,700
ING GROEP NV-CVA COM 00BZ57390 1,615,055 172,749 SH   SOLE   44,009 0 128,740
INSIGHT ENTERPRISES COM 45765U103 532,630 7,000 SH   SOLE   7,000 0 0
INTEL CORP. COM 458140100 3,148,624 63,200 SH   SOLE   48,800 0 14,400
INTERCONTINENTALEXCH COM 45866F104 945,378 8,200 SH   SOLE   5,800 0 2,400
INTUITIVE SURGICAL INC COM 46120E602 695,385 850 SH   SOLE   850 0 0
INVESTOR AB-B SHS COM 005679591 1,867,960 25,602 SH   SOLE   6,885 0 18,717
IQVIA HOLDINGS INC. COM 46266C105 1,092,937 6,100 SH   SOLE   4,300 0 1,800
JAPAN TOBACCO INC COM 006474535 354,253 17,400 SH   SOLE   0 0 17,400
JOHNSON & JOHNSON COM 478160104 826,245 5,250 SH   SOLE   3,750 0 1,500
JPMORGAN CHASE & CO COM 46625H100 5,228,931 41,150 SH   SOLE   30,250 0 10,900
KAO CORP COM 006483809 1,018,974 13,200 SH   SOLE   4,200 0 9,000
KDDI CORP COM 006248990 632,532 21,300 SH   SOLE   4,100 0 17,200
KELLOGG CO COM 487836108 1,500,365 24,110 SH   SOLE   17,110 0 7,000
KEURIG DR PEPPER INC. COM 49271V100 816,000 25,500 SH   SOLE   18,100 0 7,400
KFORCE INC COM 493732101 361,974 8,600 SH   SOLE   8,600 0 0
KKR & CO. COM 48251W104 664,036 16,400 SH   SOLE   16,400 0 0
KOMATSU LTD COM 006496584 875,992 32,100 SH   SOLE   3,900 0 28,200
KONINKLIJKE DSM NV COM 00B0HZL93 844,152 4,900 SH   SOLE   0 0 4,900
KONINKLIJKE PHILIPS NV COM 005986622 1,038,397 19,385 SH   SOLE   0 0 19,385
KROGER CO. COM 501044101 387,472 12,200 SH   SOLE   12,200 0 0
KUEHNE & NAGEL INTL AG-RE COM 00B142S60 914,782 4,027 SH   SOLE   922 0 3,105
LABORATORY AMER H COM 50540R409 1,485,915 7,300 SH   SOLE   5,200 0 2,100
LAFARGEHOLCIM LTD-REG COM 007110753 890,335 16,187 SH   SOLE   4,837 0 11,350
LAS VEGAS SANDS CORP COM 517834107 369,520 6,200 SH   SOLE   6,200 0 0
LEAR CORP. COM 521865204 1,041,647 6,550 SH   SOLE   4,650 0 1,900
LEGRAND SA COM 00B11ZRK9 821,379 9,196 SH   SOLE   2,102 0 7,094
LIGAND PHARMACEUTICALS COM 53220K504 318,240 3,200 SH   SOLE   3,200 0 0
LIVE NATION INC COM 538034109 1,315,292 17,900 SH   SOLE   12,700 0 5,200
LONDON STOCK EXCHANGE GP COM 00B0SWJX3 1,224,083 9,941 SH   SOLE   2,191 0 7,750
LOWES COS INC. COM 548661107 2,471,854 15,400 SH   SOLE   11,800 0 3,600
LVMH MOET HENNESSY LOUIS COM 004061412 1,038,310 1,661 SH   SOLE   361 0 1,300
MAGELLAN HEALTH SVCS I COM 559079207 323,076 3,900 SH   SOLE   3,900 0 0
MASTERCARD INC. COM 57636Q104 851,302 2,385 SH   SOLE   2,385 0 0
MCDONALDS CORP. COM 580135101 2,165,112 10,090 SH   SOLE   7,590 0 2,500
MCKESSON CORP COM 58155Q103 86,960 500 SH   SOLE   500 0 0
MEDIOBANCA SPA COM 004574813 572,271 62,031 SH   SOLE   13,731 0 48,300
MEDTRONIC INC. ADR G5960L103 1,605,989 13,710 SH   SOLE   1,560 0 12,150
MERCK & CO. INC. COM 58933Y105 3,100,220 37,900 SH   SOLE   26,900 0 11,000
MEREDITH CORP. COM 589433101 837,120 43,600 SH   SOLE   43,600 0 0
MICROSOFT CORP. COM 594918104 2,652,359 11,925 SH   SOLE   11,925 0 0
MID-AMER APART CMNTY COM 59522J103 1,355,583 10,700 SH   SOLE   8,900 0 1,800
MONDELEZ INTERNATIONAL CL COM 609207105 2,946,888 50,400 SH   SOLE   37,600 0 12,800
MONMOUTH REAL ESTATE INV COM 609720107 616,592 35,600 SH   SOLE   35,600 0 0
MONSTER BEVERAGE CORP. COM 61174X109 342,176 3,700 SH   SOLE   3,700 0 0
MSCI INC COM 55354G100 446,530 1,000 SH   SOLE   1,000 0 0
MTU AERO ENGINES AG COM 00B09DHL9 1,454,358 5,570 SH   SOLE   1,268 0 4,302
NAT'L OILWELL VARCO COM 637071101 2,195,427 159,900 SH   SOLE   113,500 0 46,400
NEMETSCHEK SE COM 005633962 1,011,207 13,683 SH   SOLE   2,983 0 10,700
NESTLE SA-REG COM 007123870 2,568,786 21,779 SH   SOLE   4,834 0 16,945
NETFLIX COM INC COM 64110L106 1,243,679 2,300 SH   SOLE   1,900 0 400
NIDEC CORP COM 006640682 1,634,365 13,000 SH   SOLE   4,000 0 9,000
NIKE INC B COM 654106103 1,259,083 8,900 SH   SOLE   6,300 0 2,600
NITTO DENKO CORP COM 006641801 893,990 10,000 SH   SOLE   2,000 0 8,000
NORDSTROM INC. COM 655664100 4,132,204 132,400 SH   SOLE   94,000 0 38,400
NORTHROP GRUMMAN COM 666807102 761,800 2,500 SH   SOLE   1,800 0 700
NOVARTIS AG-REG COM 007103065 1,889,140 19,963 SH   SOLE   5,163 0 14,800
NOVOZYMES A/S-B SHARES COM 00B798FW0 1,314,237 22,876 SH   SOLE   5,001 0 17,875
NVIDIA CORP COM 67066G104 1,853,810 3,550 SH   SOLE   3,150 0 400
NXP SEMICONDUCTORS NV COM N6596X109 1,100,667 6,922 SH   SOLE   1,672 0 5,250
OCCIDENTAL PETRO. WTS COM 674599162 28,336 4,161 SH   SOLE   3,349 0 812
OKTA INC. COM 679295105 381,390 1,500 SH   SOLE   1,500 0 0
OMNICOM GROUP COM 681919106 910,602 14,600 SH   SOLE   14,600 0 0
ONO PHARMACEUTICAL CO LTD COM 006660107 824,826 27,400 SH   SOLE   7,600 0 19,800
OSHKOSH TRUCK CORP COM 688239201 546,545 6,350 SH   SOLE   6,350 0 0
PACCAR INC. COM 693718108 491,796 5,700 SH   SOLE   5,700 0 0
PARTNERS GROUP HOLDING AG COM 00B119QG0 1,355,371 1,152 SH   SOLE   0 0 1,152
PAYCHEX INC. COM 704326107 829,302 8,900 SH   SOLE   6,300 0 2,600
PAYPAL HOLDINGS INC COM 70450Y103 2,400,550 10,250 SH   SOLE   9,050 0 1,200
PENN NATL GAMING INC COM 707569109 1,243,728 14,400 SH   SOLE   10,200 0 4,200
PEPSICO INC. COM 713448108 989,161 6,670 SH   SOLE   4,770 0 1,900
PERNOD RICARD SA COM 004682329 1,264,117 6,589 SH   SOLE   1,638 0 4,951
PETROBRAS - PETROLEO BRAS COM 002683410 475,771 87,200 SH   SOLE   19,600 0 67,600
PFIZER INC. COM 717081103 1,844,181 50,100 SH   SOLE   35,600 0 14,500
PIONEER NAT RES CO COM 723787107 2,471,413 21,700 SH   SOLE   17,500 0 4,200
PLAINS ALL AMER PIPELINE COM 726503105 2,146,520 260,500 SH   SOLE   184,900 0 75,600
PPG INDUSTRIES COM 693506107 1,292,211 8,960 SH   SOLE   7,360 0 1,600
PRAIRIESKY ROYALTY LTD COM 00BN320L4 316,900 40,013 SH   SOLE   8,913 0 31,100
PROCTOR & GAMBLE COM 742718109 4,174,200 30,000 SH   SOLE   22,300 0 7,700
PROGRESSIVE CORP. COM 743315103 1,008,576 10,200 SH   SOLE   8,100 0 2,100
PROLOGIS TR COM 74340W103 1,828,761 18,350 SH   SOLE   13,050 0 5,300
PURPLE INNOVATION INC. COM 74640Y106 332,694 10,100 SH   SOLE   10,100 0 0
RAYTHEON TECHNOLOGIES COR COM 75513E101 2,002,280 28,000 SH   SOLE   19,900 0 8,100
RECKITT BENCKISER GROUP P COM 00B24CGK7 1,246,059 13,934 SH   SOLE   3,343 0 10,591
RECRUIT HOLDINGS CO LTD COM 00BQRRZ00 1,778,706 42,500 SH   SOLE   9,300 0 33,200
REGENERON PHARM. COM 75886F107 531,421 1,100 SH   SOLE   800 0 300
RENTOKIL INITIAL PLC COM 00B082RF1 1,414,023 202,990 SH   SOLE   44,890 0 158,100
REPUBLIC SVCS COM 760759100 924,480 9,600 SH   SOLE   6,800 0 2,800
RLI CORP. COM 749607107 624,900 6,000 SH   SOLE   6,000 0 0
ROCHE HOLDING AG-GENUSSCH COM 007110388 1,153,222 3,299 SH   SOLE   786 0 2,513
ROYAL BANK OF CANADA COM 002754383 614,897 7,490 SH   SOLE   1,640 0 5,850
SAFRAN SA COM 00B058TZ6 675,588 4,762 SH   SOLE   1,462 0 3,300
SALESFORCE COM INC COM 79466L302 2,025,023 9,100 SH   SOLE   7,000 0 2,100
SANTEN PHARMACEUTICAL CO COM 006776606 1,163,228 71,700 SH   SOLE   20,700 0 51,000
SAP AG COM 004846288 1,540,684 11,744 SH   SOLE   2,627 0 9,117
SARTORIUS AG-VORZUG COM 005843329 2,785,648 6,626 SH   SOLE   1,476 0 5,150
SCHEIN HENRY COM 806407102 307,556 4,600 SH   SOLE   4,600 0 0
SENSIENT TECH COM 81725T100 398,358 5,400 SH   SOLE   5,400 0 0
SERVISFIRST BANCSHARES IN COM 81768T108 330,378 8,200 SH   SOLE   8,200 0 0
SHERWIN WILLIAMS COM 824348106 661,419 900 SH   SOLE   600 0 300
SHIMANO INC COM 006804820 699,840 3,000 SH   SOLE   0 0 3,000
SHIN-ETSU CHEMICAL CO LTD COM 006804585 1,293,002 7,400 SH   SOLE   2,000 0 5,400
SHISEIDO CO LTD COM 006805265 559,849 8,100 SH   SOLE   2,100 0 6,000
SHOPIFY INC. CL A COM 00BX865C7 3,905,810 3,462 SH   SOLE   762 0 2,700
SIMON PPTY GP COM 828806109 2,346,053 27,510 SH   SOLE   19,510 0 8,000
SMC CORP COM 006763965 609,715 1,000 SH   SOLE   0 0 1,000
SODEXO COM 007062713 541,958 6,399 SH   SOLE   2,021 0 4,378
SONOVA HOLDING AG-REG COM 007156036 815,453 3,134 SH   SOLE   716 0 2,418
SPECTRUM BRANDS HDGS COM 84790A105 39 1 SH   SOLE   1 0 1
SPIRAX-SARCO ENGINEERING COM 00BWFGQN1 1,538,874 9,967 SH   SOLE   2,217 0 7,750
SQUARE INC. COM 852234103 522,336 2,400 SH   SOLE   2,400 0 0
STANDARD CHARTERED PLC COM 000408284 432,939 67,980 SH   SOLE   15,448 0 52,532
STANLEY ELECTRIC CO LTD COM 006841106 573,248 17,800 SH   SOLE   4,100 0 13,700
STERICYCLE INC COM 858912108 804,228 11,600 SH   SOLE   8,200 0 3,400
SUMITOMO METAL MINING CO COM 006858849 802,750 18,100 SH   SOLE   4,100 0 14,000
SUNCOR ENERGY INC COM 00B3NB1P2 308,435 18,405 SH   SOLE   4,105 0 14,300
SYMRISE AG COM 00B1JB4K8 911,453 6,872 SH   SOLE   1,522 0 5,350
SYNAPTICS INC COM 87157D109 501,280 5,200 SH   SOLE   5,200 0 0
T ROWE PRICE GP COM 74144T108 393,614 2,600 SH   SOLE   2,600 0 0
TARGET CORP. COM 87612E106 1,253,363 7,100 SH   SOLE   5,000 0 2,100
TE CONNECTIVITY LTD ADR H84989104 833,325 6,883 SH   SOLE   1,783 0 5,100
TELEFLEX INC COM 879369106 370,413 900 SH   SOLE   900 0 0
TELEFONICA BRASIL-ADR COM 87936R106 404,056 45,656 SH   SOLE   11,006 0 34,650
TERUMO CORP COM 006885074 743,412 17,800 SH   SOLE   4,000 0 13,800
TESLA MOTORS COM 88160R101 2,222,861 3,150 SH   SOLE   3,150 0 0
TEXAS INSTRS INC. COM 882508104 722,172 4,400 SH   SOLE   4,400 0 0
THERMO FISHER SCIENTIFIC COM 883556102 884,982 1,900 SH   SOLE   1,900 0 0
TJX COMPANIES INC. COM 872540109 1,080,348 15,820 SH   SOLE   11,220 0 4,600
TOKYO ELECTRON LTD COM 006895675 2,268,778 6,100 SH   SOLE   1,900 0 4,200
TRADE DESK INC. COM 88339J105 801,000 1,000 SH   SOLE   1,000 0 0
TRELLEBORG AB-B SHS COM 004902384 823,551 37,060 SH   SOLE   11,860 0 25,200
TRIMBLE NAVIGATION LTD COM 896239100 1,802,790 27,000 SH   SOLE   19,200 0 7,800
TRUIST FINANCIAL CORP. COM 89832Q109 910,670 19,000 SH   SOLE   13,500 0 5,500
TWILIO INC - A COM 90138F102 406,200 1,200 SH   SOLE   1,200 0 0
UBS AG-REG COM 00BRJL176 1,179,723 83,626 SH   SOLE   18,476 0 65,150
UMICORE COM 00BF44466 629,760 13,100 SH   SOLE   3,100 0 10,000
UNION PACIFIC CORP. COM 907818108 874,524 4,200 SH   SOLE   3,000 0 1,200
UNITED HEALTHCARE COM 91324P102 1,418,501 4,045 SH   SOLE   3,345 0 700
UNITED OVERSEAS BANK LTD COM 006916781 488,839 28,600 SH   SOLE   6,350 0 22,250
UNITED PARCEL SERVICE COM 911312106 2,711,240 16,100 SH   SOLE   12,000 0 4,100
UNITED RENTALS COM 911363109 1,113,168 4,800 SH   SOLE   3,400 0 1,400
VERISIGN INC. COM 92343E102 346,240 1,600 SH   SOLE   1,600 0 0
VERIZON COMM. COM 92343V104 4,124,250 70,200 SH   SOLE   49,800 0 20,400
VIACOMCBS INC. B COM 92556H206 1,864,863 50,050 SH   SOLE   38,850 0 11,200
VICOR CORP COM 925815102 405,768 4,400 SH   SOLE   4,400 0 0
VISA INC COM 92826C839 763,368 3,490 SH   SOLE   3,490 0 0
VOYA FINANCIAL INC. COM 929089100 2,271,242 38,620 SH   SOLE   27,420 0 11,200
VULCAN MATLS COM 929160109 676,294 4,560 SH   SOLE   3,260 0 1,300
WAL MART STORES INC. COM 931142103 1,182,030 8,200 SH   SOLE   5,800 0 2,400
WASTE MGMT INC DEL. COM 94106L109 672,201 5,700 SH   SOLE   5,700 0 0
WAYFAIR INC. COM 94419L101 225,810 1,000 SH   SOLE   1,000 0 0
WEIR GROUP PLC COM 000946580 860,165 31,629 SH   SOLE   6,929 0 24,700
WELLS FARGO & CO COM 949746101 2,290,662 75,900 SH   SOLE   53,900 0 22,000
WELLTOWER INC. COM 95040Q104 1,085,616 16,800 SH   SOLE   11,900 0 4,900
WESCO INTL INC COM 95082P105 769,300 9,800 SH   SOLE   9,800 0 0
WESTLAKE CHEM CORP COM 960413102 342,720 4,200 SH   SOLE   4,200 0 0
WEX INC. COM 96208T104 1,526,475 7,500 SH   SOLE   5,300 0 2,200
WOLTERS KLUWER COM 005671519 762,429 9,023 SH   SOLE   2,023 0 7,000
WYNN RESORTS LTD COM 983134107 1,500,639 13,300 SH   SOLE   9,400 0 3,900
XYLEM INC COM 98419M100 1,048,437 10,300 SH   SOLE   7,300 0 3,000
YAHOO JAPAN CORP COM 006084848 1,343,810 222,200 SH   SOLE   63,300 0 158,900
YAMAHA MOTOR CO LTD COM 006985264 556,339 27,300 SH   SOLE   7,300 0 20,000
ZOOM VIDEO COMMUNICATIONS COM 98980L101 303,588 900 SH   SOLE   900 0 0