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
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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABB Ltd. - COM ISIN CH0012221716 Sponsored ADR 000375204   34,973,789 1,019,644 SH   SOLE   1,019,644 0 0
Equinor ASA - COM ISIN NO0010096985 Sponsored ADR 29446M102   3,015,253,930 106,058,879 SH   SOLE   106,058,879 0 0
Ericsson - COM ISIN SE0000108656 ADR B SEK 10 012677962   74,166,078 12,677,962 SH   SOLE   12,677,962 0 0
Frontline Ltd. - COM ISIN BMG3682E1921 Shares G3682E192   139,860,196 8,445,664 SH   SOLE   8,445,664 0 0
Genmab A S - COM ISIN DK0010272202 Sponsored ADS 372303206   6,433,738 170,385 SH   SOLE   170,385 0 0
Golden Ocean Group Ltd. - COM ISIN BMG396372051 Shares G39637205   80,993,361 8,507,706 SH   SOLE   8,507,706 0 0
Nokia Corp - COM ISIN FI0009000681 Sponsored ADR 654902204   82,358,582 16,773,642 SH   SOLE   16,773,642 0 0
Novo-Nordisk A S - COM ISIN DK0060534915 ADR 670100205   676,343,409 4,249,990 SH   SOLE   4,249,990 0 0
Flex LNG Ltd - COM ISIN BMG359472021 Shares G35947202   33,245,845 990,049 SH   SOLE   990,049 0 0
Borr Drilling - ISIN BMG1466R1732 Shares G1466R173   69,287,165 9,140,787 SH   SOLE   9,140,787 0 0