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
360 FINANCE INC ADR 88557W101 42,885 4,818,595 SH   SOLE   4,818,595 0 0
ABBVIE INC Com 00287Y109 1,060 14,000 SH   SOLE   14,000 0 0
ALIBABA GROUP HLDG LTD ADR 01609W102 334,626 2,000,995 SH   SOLE   2,000,995 0 0
ALPHABET INC Com 02079K107 11,540 9,467 SH   SOLE   9,467 0 0
ANTHEM INC Com 036752103 7,720 32,155 SH   SOLE   32,155 0 0
AUTOHOME INC ADR 05278C107 54,904 660,471 SH   SOLE   660,471 0 0
BANK NEW YORK MELLON CORP Com 064058100 7,794 172,397 SH   SOLE   172,397 0 0
BECTON DICKINSON AND CO Com 075887109 10,911 43,134 SH   SOLE   43,134 0 0
BERKSHIRE HATHAWAY INC DEL Com 084670702 19,865 95,497 SH   SOLE   95,497 0 0
CEMEX SAB DE CV ADR 151290889 33,057 8,433,016 SH   SOLE   8,433,016 0 0
COMPANHIA BRASILEIRA DE DIST ADR 20440T201 44,286 2,302,984 SH   SOLE   2,302,984 0 0
DOLLAR GEN CORP NEW Com 256677105 10,447 65,734 SH   SOLE   65,734 0 0
ECOLAB INC Com 278865100 7,786 39,320 SH   SOLE   39,320 0 0
FIDELITY NATL INFORMATION SV Com 31620M106 11,630 87,608 SH   SOLE   87,608 0 0
GILEAD SCIENCES INC Com 375558103 3,657 57,709 SH   SOLE   57,709 0 0
GREENTREE HOSPITALTY GROUP L ADR 39579V100 130 13,059 SH   SOLE   13,059 0 0
HDFC BANK LTD ADR 40415F101 10,327 181,030 SH   SOLE   181,030 0 0
ICICI BK LTD ADR 45104G104 97,309 7,989,307 SH   SOLE   7,989,307 0 0
LEXINFINTECH HLDGS LTD ADR 528877103 18,370 1,831,516 SH   SOLE   1,831,516 0 0
LINDE PLC Com G5494J103 7,446 38,440 SH   SOLE   38,440 0 0
LOMA NEGRA CORP ADR 54150E104 22,459 3,905,972 SH   SOLE   3,905,972 0 0
MICROSOFT CORP Com 594918104 14,247 102,480 SH   SOLE   102,480 0 0
MOMO INC ADR 60879B107 10,359 334,393 SH   SOLE   334,393 0 0
NOVARTIS A G ADR 66987V109 208 2,400 SH   SOLE   2,400 0 0
PETROLEO BRASILEIRO SA PETRO ADR 71654V101 21,610 1,644,665 SH   SOLE   1,644,665 0 0
PETROLEO BRASILEIRO SA PETRO ADR 71654V408 58,472 4,040,942 SH   SOLE   4,040,942 0 0
PROGRESSIVE CORP OHIO Com 743315103 11,781 152,516 SH   SOLE   152,516 0 0
QUDIAN INC ADR 747798106 30,465 4,421,761 SH   SOLE   4,421,761 0 0
SHERWIN WILLIAMS CO Com 824348106 8,152 14,827 SH   SOLE   14,827 0 0
VALE S A ADR 91912E105 88,456 7,699,653 SH   SOLE   7,669,653 0 0
VEON LTD ADR 91822M106 65,481 27,283,829 SH   SOLE   27,283,829 0 0
VERIZON COMMUNICATIONS INC Com 92343V104 15,518 257,095 SH   SOLE   257,095 0 0
VISA INC Com 92826C839 8,699 50,578 SH   SOLE   50,578 0 0
VISTA OIL AND GAS S A B DE C V ADR 92837L109 10,420 2,015,639 SH   SOLE   2,015,639 0 0
DISNEY WALT CO Com 254687106 12,136 93,131 SH   SOLE   93,131 0 0