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
COSAN LTD SHS A G25343107 6,934 1,409,200 SH   SOLE   1,409,200 0 0
WEATHERFORD INTL PLC ORD SHS G48833100 83,959 10,791,700 SH   SOLE   568,100 0 10,223,600
MICHAEL KORS HLDGS LTD SHS G60754101 51,253 899,800 SH   SOLE   39,900 0 859,900
RENAISSANCERE HOLDINGS LTD COM G7496G103 755 6,300 SH   SOLE   6,300 0 0
TE CONNECTIVITY LTD REG SHS H84989104 619 10,000 SH   SOLE   10,000 0 0
YANDEX N V SHS CLASS A N97284108 220 14,300 SH   SOLE   14,300 0 0
AFLAC INC COM 001055102 1,939 30,700 SH   SOLE   30,700 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 1,191 22,024 SH   SOLE   22,024 0 0
ANTHEM INC COM 036752103 4,531 32,600 SH   SOLE   32,600 0 0
APACHE CORP COM 037411105 3,774 77,329 SH   SOLE   77,329 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L104 216 47,130 SH   SOLE   20,230 0 26,900
BP PLC SPONSORED ADR 055622104 65,424 2,167,789 SH   SOLE   92,715 0 2,075,074
BARCLAYS PLC ADR 06738E204 1,218 141,286 SH   SOLE   141,268 0 18
CITIGROUP INC COM NEW 172967424 656 15,702 SH   SOLE   15,702 0 0
COACH INC COM 189754104 2,397 59,791 SH   SOLE   59,791 0 0
COCA COLA FEMSA S A B DE C V SPON ADR REP L 191241108 5,714 68,800 SH   SOLE   68,800 0 0
CREDIT SUISSE GROUP SPONSORED ADR 225401108 1,217 86,123 SH   SOLE   67,121 0 19,002
DISCOVERY COMMUNICATNS NEW COM SER A 25470F104 1,251 43,700 SH   SOLE   43,700 0 0
GENWORTH FINL INC COM CL A 37247D106 1,078 394,900 SH   SOLE   394,900 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 1,241 7,898 SH   SOLE   7,898 0 0
ICICI BK LTD ADR 45104G104 4,322 603,700 SH   SOLE   603,700 0 0
ICONIX BRAND GROUP INC COM 451055107 810 100,800 SH   SOLE   100,800 0 0
JPMORGAN CHASE & CO COM 46625H100 2,345 39,600 SH   SOLE   39,600 0 0
JACOBS ENGR GROUP INC DEL COM 469814107 1,198 27,500 SH   SOLE   27,500 0 0
JOHNSON & JOHNSON COM 478160104 216 2,000 SH   SOLE   2,000 0 0
LINEAR TECHNOLOGY CORP COM 535678106 4,389 98,500 SH   SOLE   98,500 0 0
MELCO CROWN ENTMT LTD ADR 585464100 2,566 155,400 SH   SOLE   155,400 0 0
METLIFE INC COM 59156R108 1,203 27,394 SH   SOLE   27,394 0 0
MICROSOFT CORP COM 594918104 204 3,700 SH   SOLE   3,700 0 0
MOBILE TELESYSTEMS PJSC SPONSORED ADR 607409109 2,417 298,800 SH   SOLE   298,800 0 0
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 26,302 5,806,268 SH   SOLE   1,456,368 0 4,349,900
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 1,828 312,789 SH   SOLE   259,278 0 53,511
PIONEER NAT RES CO COM 723787107 2,928 20,800 SH   SOLE   20,800 0 0
RALPH LAUREN CORP CL A 751212101 3,619 37,600 SH   SOLE   37,600 0 0
SOUFUN HLDGS LTD ADR 836034108 2,394 399,500 SH   SOLE   399,500 0 0
TERADATA CORP DEL COM 88076W103 2,362 90,000 SH   SOLE   90,000 0 0
VALE S A ADR 91912E105 7,565 1,797,159 SH   SOLE   1,797,159 0 0