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
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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
ABB Ltd. - COM ISIN CH0012221716 Sponsored ADR 000375204 25,418 990,554 SH   SOLE   990,554 0 0
Autoliv Inc. - COM ISIN SE0000382335 Common Stock 052800109 6,069 91,072 SH   SOLE   91,072 0 0
Equinor ASA - COM ISIN NO0010096985 Sponsored ADR 29446M102 3,673,651 110,952,900 SH   SOLE   110,952,900 0 0
Ericsson - COM ISIN SE0000108656 ADR B SEK 10 294821608 68,998 12,020,516 SH   SOLE   12,020,516 0 0
Frontline Ltd. - COM ISIN BMG3682E1921 Shares G3682E192 108,503 9,927,003 SH   SOLE   9,927,003 0 0
Genmab A S - COM ISIN DK0010272202 Sponsored ADS 372303206 5,047 157,066 SH   SOLE   157,066 0 0
Golden Ocean Group Ltd. - COM ISIN BMG396372051 Shares G39637205 47,559 6,366,655 SH   SOLE   6,366,655 0 0
Nokia Corp - COM ISIN FI0009000681 Sponsored ADR 654902204 67,885 15,897,919 SH   SOLE   15,897,919 0 0
Novo-Nordisk A S - COM ISIN DK0060534915 ADR 670100205 424,689 4,262,659 SH   SOLE   4,262,659 0 0
Flex LNG Ltd - COM ISIN BMG359472021 Shares G35947202 31,207 985,365 SH   SOLE   985,365 0 0