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 134,118 50,320 SH   SOLE NO 34,106 0 16,214
ASHLAND GLOBAL HLDGS INC COM 044186104 108,145 1,213,479 SH   SOLE NO 832,535 0 380,944
ASSURANT INC COM 04621X108 35,140 222,757 SH   SOLE NO 151,898 0 70,859
BERRY GLOBAL GROUP INC COM 08579W103 80,576 1,323,518 SH   SOLE NO 902,914 0 420,604
BOOKING HOLDINGS INC COM 09857L108 105,324 44,368 SH   SOLE NO 30,161 0 14,207
BROADCOM INC COM 11135F101 69,632 143,592 SH   SOLE NO 97,929 0 45,663
CARRIER GLOBAL CORPORATION COM 14448C104 58,985 1,139,582 SH   SOLE NO 777,594 0 361,988
CELESTICA INC SUB VTG SHS 15101Q108 1,131 127,405 SH   SOLE NO 127,405 0 0
CITIGROUP INC COM NEW 172967424 43,239 616,118 SH   SOLE NO 416,552 0 199,566
CONCENTRIX CORP COM 20602D101 101,645 574,264 SH   SOLE NO 391,427 0 182,837
CONOCOPHILLIPS COM 20825C104 45,654 673,657 SH   SOLE NO 465,718 0 207,939
DISNEY WALT CO COM 254687106 78,029 461,244 SH   SOLE NO 314,497 0 146,747
ESSENT GROUP LTD COM G3198U102 94,975 2,158,040 SH   SOLE NO 1,473,190 0 684,850
EXELON CORP COM 30161N101 43,610 902,146 SH   SOLE NO 615,827 0 286,319
FACEBOOK INC CL A 30303M102 87,461 257,700 SH   SOLE NO 175,652 0 82,048
FISERV INC COM 337738108 107,018 986,340 SH   SOLE NO 668,534 0 317,806
GENERAL ELECTRIC CO COM 369604103 103,062 1,000,308 SH   SOLE NO 678,054 0 322,254
GENPACT LIMITED SHS G3922B107 98,657 2,076,549 SH   SOLE NO 1,416,744 0 659,805
JACKSON FINANCIAL INC COM CL A 46817M107 21,165 814,045 SH   SOLE NO 531,454 0 282,591
LAS VEGAS SANDS CORP COM 517834107 82,867 2,264,123 SH   SOLE NO 1,533,925 0 730,198
LEIDOS HLDGS INC COM 525327102 46,018 478,707 SH   SOLE NO 326,752 0 151,955
MONDELEZ INTL INC CL A 609207105 36,155 621,440 SH   SOLE NO 426,723 0 194,717
ORACLE CORP COM 68389X105 17,357 199,209 SH   SOLE NO 135,748 0 63,461
SABRE CORP COM 78573M104 93,151 7,867,451 SH   SOLE NO 5,429,224 0 2,438,227
SEMPRA ENERGY COM 816851109 43,941 347,360 SH   SOLE NO 236,811 0 110,549
WASTE MGMT INC DEL COM 94106L109 52,809 353,570 SH   SOLE NO 240,385 0 113,185
WESTROCK CO COM 96145D105 82,793 1,661,509 SH   SOLE NO 1,130,215 0 531,294
ABB LTD SPONSORED ADR 000375204 458 13,720 SH   SOLE NO 13,720 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203 8,248 273,484 SH   SOLE NO 273,484 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 20,841 347,011 SH   SOLE NO 347,011 0 0
BANCO BILBAO VIZCAYA ARGENTA SPONSORED ADR 05946K101 13,383 2,030,741 SH   SOLE NO 2,030,741 0 0
BARCLAYS PLC ADR 06738E204 14,849 1,438,836 SH   SOLE NO 1,438,836 0 0
BP PLC SPONSORED ADR 055622104 32,546 1,190,870 SH   SOLE NO 1,190,870 0 0
BRITISH AMERN TOB PLC SPONSORED ADR 110448107 17,351 491,809 SH   SOLE NO 491,809 0 0
CREDIT SUISSE GROUP SPONSORED ADR 225401108 15,652 1,587,470 SH   SOLE NO 1,587,470 0 0
ING GROEP N V SPONSORED ADR 456837103 11,285 778,796 SH   SOLE NO 778,796 0 0
NOVARTIS A G SPONSORED ADR 66987V109 32,803 401,116 SH   SOLE NO 401,116 0 0
PRUDENTIAL PLC ADR 74435K204 18,585 474,337 SH   SOLE NO 474,337 0 0
RELX PLC SPONSORED ADR 759530108 13,247 459,007 SH   SOLE NO 459,007 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 9,594 215,247 SH   SOLE NO 215,247 0 0
RYANAIR HLDGS PLC SPONSORED ADR 783513104 531,788 4,831,803 SH   SOLE NO 3,273,733 0 1,558,070
SANOFI SPONSORED ADR 80105N105 30,662 636,016 SH   SOLE NO 636,016 0 0
SAP SE SPON ADR 803054204 32,004 236,993 SH   SOLE NO 236,993 0 0
SUMITOMO MITSUI FINL GROUP I SPONSORED ADR 86562M209 16,044 2,288,665 SH   SOLE NO 2,288,665 0 0
TAKEDA PHARMACEUTICAL CO LTD SPONSORED ADS 874060205 31,237 1,906,998 SH   SOLE NO 1,906,998 0 0
TOTAL S A SPONSORED ADS 89151E109 32,128 670,306 SH   SOLE NO 670,306 0 0
UNILEVER PLC SPON ADR NEW 904767704 24,469 451,297 SH   SOLE NO 451,297 0 0
360 DIGITECH INC AMERICAN DEP 88557W101 26,924 1,325,021 SH   SOLE NO 636,156 0 688,865
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 244,731 1,652,647 SH   SOLE NO 1,099,157 0 553,490
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 34,949 1,977,851 SH   SOLE NO 1,616,949 0 360,902
AZUL S A SPONSR ADR PFD 05501U106 2,876 143,375 SH   SOLE NO 0 0 143,375
BAIDU INC SPON ADR REP A 056752108 59,209 385,102 SH   SOLE NO 239,839 0 145,263
CEMEX SAB DE CV SPON ADR NEW 151290889 22,485 3,136,029 SH   SOLE NO 2,530,072 0 605,957
CHINA PETE & CHEM CORP SPON ADR H SHS 16941R108 1,384 28,152 SH   SOLE NO 0 0 28,152
CREDICORP LTD COM G2519Y108 185,259 1,669,907 SH   SOLE NO 1,228,611 0 441,296
DBX ETF TR XTRACK HRVST CSI 233051879 23,375 613,365 SH   SOLE NO 613,365 0 0
DR REDDYS LABS LTD ADR 256135203 5,298 81,340 SH   SOLE NO 59,783 0 21,557
FINVOLUTION GROUP SPONSORED ADS 31810T101 7,974 1,413,757 SH   SOLE NO 13,541 0 1,400,216
HDFC BANK LTD ADR REPS 3 SHS 40415F101 30,365 415,443 SH   SOLE NO 301,404 0 114,039
HELLO GROUP INC ADS 423403104 1,721 162,700 SH   SOLE NO 0 0 162,700
ICICI BK LTD ADR 45104G104 79,677 4,222,403 SH   SOLE NO 3,059,424 0 1,162,979
INFOSYS LTD SPONSORED ADR 456788108 125,036 5,619,616 SH   SOLE NO 3,653,391 0 1,966,225
INMODE LTD SHS M5425M103 3,412 42,800 SH   SOLE NO 42,800 0 0
ISHARES INC MSCI TAIWAN ETF 46434G772 1,879 30,307 SH   SOLE NO 30,307 0 0
ISHARES TR MSCI INDIA ETF 46429B598 15,372 315,706 SH   SOLE NO 269,515 0 46,191
ISHARES TR MSCI INDIA SM CP 46429B614 1,064 17,701 SH   SOLE NO 17,701 0 0
ISHARES TR MSCI SAUDI ARBIA 46434V423 20,104 480,955 SH   SOLE NO 211,247 0 269,708
JD COM INC SPON ADR CL A 47215P106 74,225 1,027,478 SH   SOLE NO 651,275 0 376,203
MERCADOLIBRE INC COM 58733R102 12,480 7,431 SH   SOLE NO 5,948 0 1,483
NETEASE INC SPONSORED ADR 64110W102 17,967 210,383 SH   SOLE NO 151,725 0 58,658
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 34,062 3,406,238 SH   SOLE NO 2,857,688 0 548,550
PINDUODUO INC SPONSORED ADS 722304102 2,231 24,601 SH   SOLE NO 20,647 0 3,954
POSCO SPONSORED ADR 693483109 12,230 177,318 SH   SOLE NO 116,578 0 60,740
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 459,931 4,119,404 SH   SOLE NO 2,729,421 0 1,389,983
TATA MTRS LTD SPONSORED ADR 876568502 1,850 82,537 SH   SOLE NO 0 0 82,537
TRIP COM GROUP LTD ADS 89677Q107 250 8,118 SH   SOLE NO 8,118 0 0
VALE S A ADR 91912E105 97,492 6,988,707 SH   SOLE NO 4,164,537 0 2,824,170
VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 2,536 18,972 SH   SOLE NO 18,972 0 0
VEDANTA LTD SPONSORED ADR 92242Y100 13,168 861,755 SH   SOLE NO 590,889 0 270,866
WIPRO LTD SPON ADR 1 SH 97651M109 9,666 1,094,729 SH   SOLE NO 661,068 0 433,661
YUM CHINA HLDGS INC COM 98850P109 30,878 531,375 SH   SOLE NO 407,019 0 124,356