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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AES CORP COM 00130H105   422,493,745 21,947,727 SH   DFND 1 21,947,727 0 0
AES CORP COM 00130H105   9,068,829 471,108 SH   DFND 2 471,108 0 0
AIRBNB INC COM CL A 009066101   179,760,890 1,320,412 SH   DFND 1 1,320,412 0 0
ALPHABET INC CAP STK CL A 02079K305   27,684,463 198,185 SH   DFND 1 198,185 0 0
ALPHABET INC CAP STK CL C 02079K107   4,981,735 35,349 SH   DFND 2 35,349 0 0
ALPHABET INC CAP STK CL C 02079K107   299,091,652 2,122,271 SH   DFND 1 2,122,271 0 0
AMAZON COM INC COM 023135106   35,254,030 232,026 SH   DFND 1 232,026 0 0
AMAZON COM INC COM 023135106   6,648,742 43,759 SH   DFND 2 43,759 0 0
ARCH CAP GROUP LTD ORD G0450A105   40,411,941 544,122 SH   DFND 1 544,122 0 0
BARRICK GOLD CORP COM 067901108   69,135,331 3,821,743 SH   DFND 1 3,821,743 0 0
BARRICK GOLD CORP COM 067901108   953,180 52,691 SH   DFND   52,691 0 0
BOOKING HOLDINGS INC COM 09857L108   22,478,733 6,337 SH   DFND 1 6,337 0 0
BOOKING HOLDINGS INC COM 09857L108   192,085,510 54,151 SH   DFND 3 54,151 0 0
BORR DRILLING LTD SHS G1466R173   61,849,392 8,403,450 SH   DFND 1 8,403,450 0 0
BRITISH AMERN TOB PLC SPONSORED ADR 110448107   232,825,917 7,948,990 SH   DFND 1 7,948,990 0 0
BROOKFIELD CORP CL A LTD VT SH 11271J107   290,068 7,230 SH   DFND   7,230 0 0
BROOKFIELD CORP CL A LTD VT SH 11271J107   25,304,647 630,724 SH   DFND 1 630,724 0 0
BURFORD CAP LTD ORD SHS G17977110   932,677 59,787 SH   DFND   59,787 0 0
BURFORD CAP LTD ORD SHS G17977110   84,546,103 5,419,622 SH   DFND 1 5,419,622 0 0
CALEDONIA MNG CORP PLC SHS G1757E113   8,004,786 656,130 SH   DFND 3 656,130 0 0
CALIFORNIA RES CORP COM STOCK 13057Q305   42,285,138 773,320 SH   DFND 1 773,320 0 0
CALIFORNIA RES CORP COM STOCK 13057Q305   643,748 11,773 SH   DFND   11,773 0 0
CHURCH & DWIGHT CO INC COM 171340102   9,213,454 97,435 SH   DFND 2 97,435 0 0
CHURCH & DWIGHT CO INC COM 171340102   42,716,251 451,737 SH   DFND 1 451,737 0 0
CINEMARK HLDGS INC COM 17243V102   680,730 48,313 SH   DFND   48,313 0 0
CINEMARK HLDGS INC COM 17243V102   172,844,989 12,267,210 SH   DFND 1 12,267,210 0 0
CNH INDL N V SHS N20944109   43,679,222 3,586,143 SH   DFND 1 3,586,143 0 0
CONSTELLATION ENERGY CORP COM 21037T109   718,518,739 6,146,965 SH   DFND 1 6,146,965 0 0
CONSTELLATION ENERGY CORP COM 21037T109   365,983 3,131 SH   DFND   3,131 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C201   42,639,584 3,279,968 SH   DFND 1 3,279,968 0 0
DISNEY WALT CO COM 254687106   181,919,001 2,014,830 SH   DFND 3 2,014,830 0 0
DOLLAR GEN CORP NEW COM 256677105   34,365,305 252,779 SH   DFND 1 252,779 0 0
ELEVANCE HEALTH INC COM 036752103   415,329,299 880,756 SH   DFND 1 880,756 0 0
ELEVANCE HEALTH INC COM 036752103   9,832,026 20,850 SH   DFND 2 20,850 0 0
FIRSTSERVICE CORP NEW COM 33767E202   20,449,923 126,164 SH   DFND 1 126,164 0 0
FIRSTSERVICE CORP NEW COM 33767E202   3,480,234 21,471 SH   DFND 2 21,471 0 0
FLEETCOR TECHNOLOGIES INC COM 339041105   1,373,192,946 4,858,968 SH   DFND 1 4,858,968 0 0
FLEETCOR TECHNOLOGIES INC COM 339041105   868,178 3,072 SH   DFND   3,072 0 0
FLEETCOR TECHNOLOGIES INC COM 339041105   22,875,019 80,942 SH   DFND 2 80,942 0 0
GENERAC HLDGS INC COM 368736104   20,493,845 158,572 SH   DFND 1 158,572 0 0
GENERAC HLDGS INC COM 368736104   250,079 1,935 SH   DFND   1,935 0 0
GLOBAL PMTS INC COM 37940X102   898,749,536 7,076,768 SH   DFND 1 7,076,768 0 0
GLOBAL PMTS INC COM 37940X102   14,359,382 113,066 SH   DFND 2 113,066 0 0
GLOBAL PMTS INC COM 37940X102   210,566 1,658 SH   DFND   1,658 0 0
GOLAR LNG LTD SHS G9456A100   119,709,735 5,207,035 SH   DFND 1 5,207,035 0 0
GOLD FIELDS LTD SPONSORED ADR 38059T106   52,751,700 3,648,112 SH   DFND 1 3,648,112 0 0
GXO LOGISTICS INCORPORATED COMMON STOCK 36262G101   426,346 6,971 SH   DFND   6,971 0 0
GXO LOGISTICS INCORPORATED COMMON STOCK 36262G101   16,050,647 262,437 SH   DFND 2 262,437 0 0
GXO LOGISTICS INCORPORATED COMMON STOCK 36262G101   900,479,964 14,723,348 SH   DFND 1 14,723,348 0 0
HELIX ENERGY SOLUTIONS GRP I COM 42330P107   23,366,481 2,273,004 SH   DFND 1 2,273,004 0 0
HELIX ENERGY SOLUTIONS GRP I COM 42330P107   308,821 30,041 SH   DFND   30,041 0 0
HILTON WORLDWIDE HLDGS INC COM 43300A203   27,678,773 152,006 SH   DFND 1 152,006 0 0
HOWMET AEROSPACE INC COM 443201108   339,767,795 6,278,045 SH   DFND 1 6,278,045 0 0
HOWMET AEROSPACE INC COM 443201108   8,703,957 160,827 SH   DFND 2 160,827 0 0
INTEL CORP COM 458140100   619,130 12,321 SH   DFND   12,321 0 0
INTEL CORP COM 458140100   791,706,338 15,755,350 SH   DFND 1 15,755,350 0 0
INTEL CORP COM 458140100   9,027,262 179,647 SH   DFND 2 179,647 0 0
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107   3,955,408 47,713 SH   DFND 2 47,713 0 0
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107   640,087,314 7,721,198 SH   DFND 1 7,721,198 0 0
KB FINL GROUP INC SPONSORED ADR 48241A105   35,168,058 850,086 SH   DFND 1 850,086 0 0
KINDER MORGAN INC DEL COM 49456B101   2,649,669 150,208 SH   DFND   150,208 0 0
KINDER MORGAN INC DEL COM 49456B101   134,336,344 7,615,439 SH   DFND 1 7,615,439 0 0
KINDER MORGAN INC DEL COM 49456B101   3,702,848 209,912 SH   DFND 2 209,912 0 0
LKQ CORP COM 501889208   43,457,502 909,343 SH   DFND 1 909,343 0 0
MARCUS CORP DEL COM 566330106   11,387,432 781,031 SH   DFND 1 781,031 0 0
MARRIOTT INTL INC CL A 571903202   57,502,344 254,988 SH   DFND 3 254,988 0 0
MASTEC INC COM 576323109   498,010 6,577 SH   DFND   6,577 0 0
MASTEC INC COM 576323109   68,636,545 906,452 SH   DFND 1 906,452 0 0
MICRON TECHNOLOGY INC COM 595112103   4,783,734 56,055 SH   DFND 2 56,055 0 0
MICRON TECHNOLOGY INC COM 595112103   948,383 11,113 SH   DFND   11,113 0 0
MICRON TECHNOLOGY INC COM 595112103   547,990,670 6,421,264 SH   DFND 1 6,421,264 0 0
MICROSOFT CORP COM 594918104   27,931,875 74,279 SH   DFND 1 74,279 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307   9,860,456 31,494 SH   DFND 2 31,494 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307   295,090,143 942,509 SH   DFND 1 942,509 0 0
NAVIENT CORPORATION COM 63938C108   104,700 5,623 SH   DFND   5,623 0 0
NAVIENT CORPORATION COM 63938C108   6,745,896 362,293 SH   DFND 1 362,293 0 0
NETEASE INC SPONSORED ADS 64110W102   143,535,059 1,540,737 SH   DFND 1 1,540,737 0 0
NEWMONT CORP COM 651639106   1,536,811 37,130 SH   DFND 1 37,130 0 0
NOBLE CORP PLC ORD SHS A G65431127   271,194,258 5,631,110 SH   DFND 1 5,631,110 0 0
OREILLY AUTOMOTIVE INC COM 67103H107   181,465 191 SH   DFND 2 191 0 0
PAN AMERN SILVER CORP COM 697900108   8,154,696 499,369 SH   DFND 1 499,369 0 0
PORTILLOS INC COM CL A 73642K106   83,062,732 5,214,233 SH   DFND 1 5,214,233 0 0
PORTILLOS INC COM CL A 73642K106   177,333 11,132 SH   DFND   11,132 0 0
PROGRESSIVE CORP COM 743315103   8,898,974 55,870 SH   DFND 2 55,870 0 0
PROGRESSIVE CORP COM 743315103   301,913,488 1,895,489 SH   DFND 1 1,895,489 0 0
RENAISSANCERE HLDGS LTD COM G7496G103   445,519,172 2,273,057 SH   DFND 1 2,273,057 0 0
RXO INC COMMON STOCK 74982T103   386,667,006 16,623,689 SH   DFND 1 16,623,689 0 0
RXO INC COMMON STOCK 74982T103   10,641,799 457,515 SH   DFND 2 457,515 0 0
SELECT SECTOR SPDR TR ENERGY 81369Y506   2,301,911 27,456 SH   DFND 2 27,456 0 0
SENDAS DISTRIBUIDORA S A SPON ADS 81689T104   93,746,008 6,783,358 SH   DFND 1 6,783,358 0 0
SHELL PLC SPON ADS 780259305   564,078,988 8,572,629 SH   DFND 1 8,572,629 0 0
SHELL PLC SPON ADS 780259305   741,040 11,262 SH   DFND   11,262 0 0
SHINHAN FINANCIAL GROUP CO L SPN ADR RESTRD 824596100   394,046 12,802 SH   DFND   12,802 0 0
SHINHAN FINANCIAL GROUP CO L SPN ADR RESTRD 824596100   15,950,288 518,203 SH   DFND 1 518,203 0 0
SIMON PPTY GROUP INC NEW COM 828806109   298,546 2,093 SH   DFND   2,093 0 0
SIMON PPTY GROUP INC NEW COM 828806109   30,631,369 214,746 SH   DFND 1 214,746 0 0
SPDR GOLD TR GOLD SHS 78463V107   5,299,997 27,724 SH   DFND   27,724 0 0
SPDR GOLD TR GOLD SHS 78463V107   3,701,051 19,360 SH   DFND 2 19,360 0 0
SPDR GOLD TR GOLD SHS 78463V107   176,169,081 921,531 SH   DFND 1 921,531 0 0
SUMITOMO MITSUI FINL GROUP I SPONSORED ADR 86562M209   1,211,965 125,203 SH   DFND 1 125,203 0 0
SUNRUN INC COM 86771W105   3,972,307 202,359 SH   DFND 2 202,359 0 0
SUNRUN INC COM 86771W105   275,015,181 14,009,943 SH   DFND 1 14,009,943 0 0
SYNAPTICS INC COM 87157D109   263,971,195 2,313,913 SH   DFND 1 2,313,913 0 0
SYNAPTICS INC COM 87157D109   6,285,238 55,095 SH   DFND 2 55,095 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100   304,746,208 2,930,252 SH   DFND 1 2,930,252 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100   1,006,200 9,675 SH   DFND   9,675 0 0
TECK RESOURCES LTD CL B 878742204   105,521,856 2,496,377 SH   DFND 1 2,496,377 0 0
TENARIS S A SPONSORED ADS 88031M109   262,112,090 7,540,624 SH   DFND 1 7,540,624 0 0
TENARIS S A SPONSORED ADS 88031M109   266,679 7,672 SH   DFND   7,672 0 0
TEXAS INSTRS INC COM 882508104   17,013,954 99,812 SH   DFND 1 99,812 0 0
UNITEDHEALTH GROUP INC COM 91324P102   8,173,447 15,525 SH   DFND 2 15,525 0 0
UNITEDHEALTH GROUP INC COM 91324P102   615,830,385 1,169,735 SH   DFND 1 1,169,735 0 0
UNITEDHEALTH GROUP INC COM 91324P102   96,870 184 SH   DFND   184 0 0
VALARIS LTD CL A G9460G101   395,106,648 5,762,092 SH   DFND 1 5,762,092 0 0
VIPSHOP HLDGS LTD SPONSORED ADS A 92763W103   87,111,912 4,904,950 SH   DFND 1 4,904,950 0 0
WESTLAKE CORPORATION COM 960413102   395,700,370 2,827,239 SH   DFND 1 2,827,239 0 0
WHEATON PRECIOUS METALS CORP COM 962879102   112,321,869 2,276,487 SH   DFND 1 2,276,487 0 0
WHEATON PRECIOUS METALS CORP COM 962879102   4,030,930 81,697 SH   DFND 2 81,697 0 0
WHEATON PRECIOUS METALS CORP COM 962879102   328,950 6,667 SH   DFND   6,667 0 0
XPO INC COM 983793100   7,271,547 83,018 SH   DFND 2 83,018 0 0
XPO INC COM 983793100   487,676,945 5,567,724 SH   DFND 1 5,567,724 0 0
YANDEX N V SHS CLASS A N97284108   0 3,056,164 SH   DFND 1 3,056,164 0 0
YOUDAO INC SPONSORED ADS 98741T104   40,836,938 10,364,705 SH   DFND 1 10,364,705 0 0