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
Marine Harvest ASA Sponsored ADR 56824R205 446,663 39,215,359 SH   SOLE   39,215,359 0 0
Statoil ASA Sponsored ADR 85771P102 1,894,430 107,699,230 SH   SOLE   107,699,230 0 0
Royal Caribbean Cruises Ltd. Common Stock V7780T103 492,162 6,012,970 SH   SOLE   6,012,970 0 0
Seadrill Ltd. Comunit Rep LB G7945E105 126,342 13,512,526 SH   SOLE   13,512,526 0 0
Autoliv Inc. Common Stock 052800109 43,996 373,575 SH   SOLE   373,575 0 0
Nokia Corp Sponsored ADR 654902204 89,539 11,812,542 SH   SOLE   11,812,542 0 0
Novo-Nordisk A S ADR 670100205 352,054 6,594,008 SH   SOLE   6,594,008 0 0
Ericsson ADR B SEK 10 294821608 105,341 8,393,681 SH   SOLE   8,393,681 0 0
ABB Ltd. Sponsored ADR 000375204 70,502 3,330,299 SH   SOLE   3,330,299 0 0