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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
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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
Equinor ASA - COM ISIN NO0010096985 Sponsored ADR 29446M102   2,842,121,194 105,146,918 SH   SOLE   105,146,918 0 0
Ericsson - COM ISIN SE0000108656 ADR B SEK 10 012677962   61,428,290 11,148,510 SH   SOLE   11,148,510 0 0
Frontline Ltd. - COM ISIN BMG3682E1921 Shares G3682E192   239,487,582 10,243,267 SH   SOLE   10,243,267 0 0
Genmab A S - COM ISIN DK0010272202 Sponsored ADS 372303206   5,096,215 170,385 SH   SOLE   170,385 0 0
Golden Ocean Group Ltd. - COM ISIN BMG396372051 Shares G39637205   121,623,276 9,384,512 SH   SOLE   9,384,512 0 0
Nokia Corp - COM ISIN FI0009000681 Sponsored ADR 654902204   43,747,260 12,357,983 SH   SOLE   12,357,983 0 0
Novo-Nordisk A S - COM ISIN DK0060534915 ADR 670100205   1,124,274,766 8,756,034 SH   SOLE   8,756,034 0 0
Flex LNG Ltd - COM ISIN BMG359472021 Shares G35947202   25,176,946 990,049 SH   SOLE   990,049 0 0
Borr Drilling - ISIN BMG1466R1732 Shares G1466R173   86,252,556 12,591,614 SH   SOLE   12,591,614 0 0
AstraZeneca - ISIN GB0009895292 ADR 000046353   27,662,528 408,303 SH   SOLE   408,303 0 0
Seadrill 2021 LTD - ISIN BMG7997W1029 Shares G7997W102   31,960,067 635,389 SH   SOLE   635,389 0 0