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
ASE Tech ADR ADR 00215W100 98 19,696 SH   SOLE 0 0 19,696 0
AbbVie COM 00287Y109 141,126 1,051,532 SH   SOLE 0 0 1,051,532 0
Alibaba ADR ADR 01609W102 270 3,371 SH   SOLE 0 0 3,371 0
Alphabet CL A COM 02079K305 23 240 SH   SOLE 0 0 240 0
American Tower COM 03027X100 15,495 72,171 SH   SOLE 0 0 72,171 0
Autohome ADR ADR 05278C107 169,032 5,877,320 SH   SOLE 0 0 5,877,320 0
BP Plc ADR ADR 055622104 53,798 1,884,358 SH   SOLE 0 0 1,884,358 0
Baidu ADR ADR 056752108 174,304 1,483,566 SH   SOLE 0 0 1,483,566 0
BSCH ADR ADR 05964H105 47,356 20,412,142 SH   SOLE 0 0 20,412,142 0
Barrick Gold US COM 067901108 141,957 9,158,497 SH   SOLE 0 0 9,158,497 0
Berkshire HathB COM 084670702 94,686 354,603 SH   SOLE 0 0 354,603 0
B2Gold COM 11777Q209 25 5,685 SH   SOLE 0 0 5,685 0
Centene COM 15135B101 88,961 1,143,317 SH   SOLE 0 0 1,143,317 0
Colgate COM 194162103 116,992 1,665,361 SH   SOLE 0 0 1,665,361 0
Xtrack CN-A ETF COM 233051879 363 13,385 SH   SOLE 0 0 13,385 0
Dell Tech COM 24703L202 116,388 3,406,145 SH   SOLE 0 0 3,406,145 0
Dr Reddys ADR ADR 256135203 15,699 299,943 SH   SOLE 0 0 299,943 0
Dollar Tree COM 256746108 18,231 133,955 SH   SOLE 0 0 133,955 0
Duke Energy COM 26441C204 170 1,831 SH   SOLE 0 0 1,831 0
DuPont COM 26614N102 50,341 998,820 SH   SOLE 0 0 998,820 0
Eni SpA ADR ADR 26874R108 24 1,126 SH   SOLE 0 0 1,126 0
EOG Resources COM 26875P101 278 2,485 SH   SOLE 0 0 2,485 0
Edison Intl COM 281020107 338 5,982 SH   SOLE 0 0 5,982 0
Electronic Arts COM 285512109 70 607 SH   SOLE 0 0 607 0
Enbridge Inc COM 29250N105 76 1,487 SH   SOLE 0 0 1,487 0
Enel Chile ADR ADR 29278D105 170 123,179 SH   SOLE 0 0 123,179 0
Evergy COM 30034W106 57 966 SH   SOLE 0 0 966 0
Eversource En COM 30040W108 473 6,061 SH   SOLE 0 0 6,061 0
Exxon Mobil COM 30231G102 87,669 1,004,117 SH   SOLE 0 0 1,004,117 0
Meta Platforms COM 30303M102 80,592 593,987 SH   SOLE 0 0 593,987 0
FedEx COM 31428X106 211 1,423 SH   SOLE 0 0 1,423 0
Gilead Sciences COM 375558103 228 3,700 SH   SOLE 0 0 3,700 0
GSK PLC ADR ADR 37733W204 34,525 1,173,106 SH   SOLE 0 0 1,173,106 0
HCA Healthcare COM 40412C101 94,348 513,347 SH   SOLE 0 0 513,347 0
HDFC Bank ADR ADR 40415F101 14,453 247,397 SH   SOLE 0 0 247,397 0
Honda Motor ADR ADR 438128308 53,041 2,410,969 SH   SOLE 0 0 2,410,969 0
ICICI Bank ADR ADR 45104G104 127 6,038 SH   SOLE 0 0 6,038 0
Infosys ADR ADR 456788108 50,136 2,954,379 SH   SOLE 0 0 2,954,379 0
Ishs MSCI SK COM 464286772 533 11,261 SH   SOLE 0 0 11,261 0
ItauUniBanADR P ADR 465562106 64,496 12,475,058 SH   SOLE 0 0 12,475,058 0
Johnson&Johnson COM 478160104 123,793 757,792 SH   SOLE 0 0 757,792 0
Philips ADR ADR 500472303 7,363 478,398 SH   SOLE 0 0 478,398 0
L3Harris Tech COM 502431109 239 1,152 SH   SOLE 0 0 1,152 0
LabCorp COM 50540R409 108,361 529,079 SH   SOLE 0 0 529,079 0
Lloyds Bank ADR ADR 539439109 46,482 25,967,456 SH   SOLE 0 0 25,967,456 0
Maximus COM 577933104 67,936 1,173,933 SH   SOLE 0 0 1,173,933 0
Microsoft Corp COM 594918104 142,304 611,007 SH   SOLE 0 0 611,007 0
Micron Tech COM 595112103 50,247 1,002,936 SH   SOLE 0 0 1,002,936 0
Norfolk South COM 655844108 52 249 SH   SOLE 0 0 249 0
Novartis ADR ADR 66987V109 56,979 749,627 SH   SOLE 0 0 749,627 0
PPL Corp COM 69351T106 70 2,764 SH   SOLE 0 0 2,764 0
Pepsi COM 713448108 16,092 98,565 SH   SOLE 0 0 98,565 0
Petrobras ADR ADR 71654V408 62,277 5,046,735 SH   SOLE 0 0 5,046,735 0
Pinnacle Fin P COM 72346Q104 110,511 1,362,651 SH   SOLE 0 0 1,362,651 0
Progressive COM 743315103 77,156 663,939 SH   SOLE 0 0 663,939 0
Qualcomm Inc COM 747525103 73 645 SH   SOLE 0 0 645 0
Ritchie Bros COM 767744105 43,448 503,400 SH   SOLE 0 0 503,400 0
Shell ADR ADR 780259305 51 1,029 SH   SOLE 0 0 1,029 0
S&P Global COM 78409V104 81,338 266,376 SH   SOLE 0 0 266,376 0
Sabre Corp COM 78573M104 21,768 4,226,829 SH   SOLE 0 0 4,226,829 0
Sanofi ADR ADR 80105N105 49,699 1,307,169 SH   SOLE 0 0 1,307,169 0
Shinhan ADR ADR 824596100 142 6,185 SH   SOLE 0 0 6,185 0
Sony ADR ADR 835699307 50,110 782,963 SH   SOLE 0 0 782,963 0
Stanley B&D COM 854502101 256 3,407 SH   SOLE 0 0 3,407 0
Stericycle Inc COM 858912108 96,073 2,281,484 SH   SOLE 0 0 2,281,484 0
Suzano ADR ADR 86959K105 126 15,247 SH   SOLE 0 0 15,247 0
Synchrony Fin COM 87165B103 186 6,604 SH   SOLE 0 0 6,604 0
TaiwanSMC ADR ADR 874039100 80,178 1,169,452 SH   SOLE 0 0 1,169,452 0
Takeda PharmADR ADR 874060205 61,772 4,751,715 SH   SOLE 0 0 4,751,715 0
Target Corp COM 87612E106 45 303 SH   SOLE 0 0 303 0
TC Energy COM 87807B107 43,320 778,580 SH   SOLE 0 0 778,580 0
Unilever ADR AM ADR 904767704 113 2,587 SH   SOLE 0 0 2,587 0
Vale SA ADR ADR 91912E105 109,079 8,189,143 SH   SOLE 0 0 8,189,143 0
Visa COM 92826C839 67,090 377,650 SH   SOLE 0 0 377,650 0
WPP ADR ADR 92937A102 41,391 1,004,886 SH   SOLE 0 0 1,004,886 0
WalMart St COM 931142103 163,167 1,258,031 SH   SOLE 0 0 1,258,031 0
Waste Mgmt Inc COM 94106L109 256 1,600 SH   SOLE 0 0 1,600 0
Wells Fargo COM 949746101 141,502 3,518,201 SH   SOLE 0 0 3,518,201 0
Yum China COM 98850P109 104,859 2,215,497 SH   SOLE 0 0 2,215,497 0
Yum China HK COM 98850P109 104,859 253,300 SH   SOLE 0 0 253,300 0
CI&T Inc COM G21307106 5,320 566,567 SH   SOLE 0 0 566,567 0
Credicorp Ltd COM G2519Y108 207,912 1,693,096 SH   SOLE 0 0 1,693,096 0
FLEX LNG NOK COM G35947202 495,781 1,430,414 SH   SOLE 0 0 1,430,414 0
Patria Invest COM G69451105 3,632 278,281 SH   SOLE 0 0 278,281 0