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   406,526,854 22,672,998 SH   DFND 1 22,672,998 0 0
AES CORP COM 00130H105   8,446,966 471,108 SH   DFND 2 471,108 0 0
AES CORP COM 00130H105   353,795 19,732 SH   DFND   19,732 0 0
AIRBNB INC COM CL A 009066101   217,815,164 1,320,412 SH   DFND 1 1,320,412 0 0
ALPHABET INC CAP STK CL A 02079K305   373,407,008 2,474,041 SH   DFND 1 2,474,041 0 0
ALPHABET INC CAP STK CL C 02079K107   3,703,877 24,326 SH   DFND 2 24,326 0 0
ALPHABET INC CAP STK CL C 02079K107   325,564,768 2,138,216 SH   DFND 1 2,138,216 0 0
AMAZON COM INC COM 023135106   21,416,698 118,731 SH   DFND 1 118,731 0 0
AMAZON COM INC COM 023135106   6,067,803 33,639 SH   DFND 2 33,639 0 0
ARCH CAP GROUP LTD ORD G0450A105   50,298,638 544,122 SH   DFND 1 544,122 0 0
BARRICK GOLD CORP COM 067901108   68,979,107 4,145,379 SH   DFND 1 4,145,379 0 0
BARRICK GOLD CORP COM 067901108   876,778 52,691 SH   DFND   52,691 0 0
BOOKING HOLDINGS INC COM 09857L108   29,723,221 8,193 SH   DFND 1 8,193 0 0
BOOKING HOLDINGS INC COM 09857L108   175,357,208 48,336 SH   DFND 3 48,336 0 0
BORR DRILLING LTD SHS G1466R173   57,563,633 8,403,450 SH   DFND 1 8,403,450 0 0
BRITISH AMERN TOB PLC SPONSORED ADR 110448107   385,390,040 12,635,739 SH   DFND 1 12,635,739 0 0
BROOKFIELD CORP CL A LTD VT SH 11271J107   302,720 7,230 SH   DFND   7,230 0 0
BROOKFIELD CORP CL A LTD VT SH 11271J107   26,566,724 634,505 SH   DFND 1 634,505 0 0
BURFORD CAP LTD ORD SHS G17977110   93,353,497 5,845,554 SH   DFND 1 5,845,554 0 0
BURFORD CAP LTD ORD SHS G17977110   954,798 59,787 SH   DFND   59,787 0 0
CALEDONIA MNG CORP PLC SHS G1757E113   19,993,250 1,806,075 SH   DFND 3 1,806,075 0 0
CALIFORNIA RES CORP COM STOCK 13057Q305   648,692 11,773 SH   DFND   11,773 0 0
CALIFORNIA RES CORP COM STOCK 13057Q305   42,609,932 773,320 SH   DFND 1 773,320 0 0
CHURCH & DWIGHT CO INC COM 171340102   9,211,512 88,309 SH   DFND 2 88,309 0 0
CHURCH & DWIGHT CO INC COM 171340102   47,906,245 459,268 SH   DFND 1 459,268 0 0
CINEMARK HLDGS INC COM 17243V102   233,717,461 13,005,980 SH   DFND 1 13,005,980 0 0
CINEMARK HLDGS INC COM 17243V102   908,509 50,557 SH   DFND   50,557 0 0
CNH INDL N V SHS N20944109   49,912,537 3,851,276 SH   DFND 1 3,851,276 0 0
CONSTELLATION ENERGY CORP COM 21037T109   573,145,355 3,100,597 SH   DFND 1 3,100,597 0 0
CORPAY INC COM SHS 219948106   578,513 1,875 SH   DFND   1,875 0 0
CORPAY INC COM SHS 219948106   24,973,845 80,942 SH   DFND 2 80,942 0 0
CORPAY INC COM SHS 219948106   1,374,232,223 4,453,984 SH   DFND 1 4,453,984 0 0
DIAGEO PLC SPON ADR NEW 25243Q205   228,844,819 1,538,556 SH   DFND 1 1,538,556 0 0
DIAGEO PLC SPON ADR NEW 25243Q205   362,926 2,440 SH   DFND   2,440 0 0
DISNEY WALT CO COM 254687106   227,966,469 1,863,080 SH   DFND 3 1,863,080 0 0
ELEVANCE HEALTH INC COM 036752103   10,985,788 21,186 SH   DFND 2 21,186 0 0
ELEVANCE HEALTH INC COM 036752103   486,373,927 937,968 SH   DFND 1 937,968 0 0
FIRSTSERVICE CORP NEW COM 33767E202   30,922,861 186,507 SH   DFND 1 186,507 0 0
FIRSTSERVICE CORP NEW COM 33767E202   3,559,892 21,471 SH   DFND 2 21,471 0 0
FRANCO NEV CORP COM 351858105   1,965,663 16,496 SH   DFND 2 16,496 0 0
FRANCO NEV CORP COM 351858105   93,234,240 782,429 SH   DFND 1 782,429 0 0
FRANCO NEV CORP COM 351858105   238,201 1,999 SH   DFND   1,999 0 0
GENERAC HLDGS INC COM 368736104   21,555,812 170,888 SH   DFND 1 170,888 0 0
GENERAC HLDGS INC COM 368736104   244,081 1,935 SH   DFND   1,935 0 0
GLOBAL PMTS INC COM 37940X102   10,799,862 80,801 SH   DFND 2 80,801 0 0
GLOBAL PMTS INC COM 37940X102   746,517,698 5,585,199 SH   DFND 1 5,585,199 0 0
GOLAR LNG LTD SHS G9456A100   73,450,176 3,052,792 SH   DFND 1 3,052,792 0 0
GOLD FIELDS LTD SPONSORED ADR 38059T106   58,723,084 3,695,600 SH   DFND 1 3,695,600 0 0
GXO LOGISTICS INCORPORATED COMMON STOCK 36262G101   754,478,431 14,034,197 SH   DFND 1 14,034,197 0 0
GXO LOGISTICS INCORPORATED COMMON STOCK 36262G101   328,527 6,111 SH   DFND   6,111 0 0
GXO LOGISTICS INCORPORATED COMMON STOCK 36262G101   14,822,438 275,715 SH   DFND 2 275,715 0 0
HDFC BANK LTD SPONSORED ADS 40415F101   24,285,607 433,904 SH   DFND 1 433,904 0 0
HELIX ENERGY SOLUTIONS GRP I COM 42330P107   375,281 34,620 SH   DFND   34,620 0 0
HELIX ENERGY SOLUTIONS GRP I COM 42330P107   25,905,248 2,389,783 SH   DFND 1 2,389,783 0 0
HILTON WORLDWIDE HLDGS INC COM 43300A203   26,941,053 126,300 SH   DFND 1 126,300 0 0
HOWMET AEROSPACE INC COM 443201108   5,947,730 86,917 SH   DFND 2 86,917 0 0
HOWMET AEROSPACE INC COM 443201108   334,188,033 4,883,648 SH   DFND 1 4,883,648 0 0
INTEL CORP COM 458140100   642,453 14,545 SH   DFND   14,545 0 0
INTEL CORP COM 458140100   7,845,431 177,619 SH   DFND 2 177,619 0 0
INTEL CORP COM 458140100   546,355,956 12,369,390 SH   DFND 1 12,369,390 0 0
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107   791,415,862 7,084,557 SH   DFND 1 7,084,557 0 0
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107   5,048,063 45,189 SH   DFND 2 45,189 0 0
KB FINL GROUP INC SPONSORED ADR 48241A105   41,256,363 792,325 SH   DFND 1 792,325 0 0
KINDER MORGAN INC DEL COM 49456B101   2,754,815 150,208 SH   DFND   150,208 0 0
KINDER MORGAN INC DEL COM 49456B101   142,938,072 7,793,788 SH   DFND 1 7,793,788 0 0
MARCUS CORP DEL COM 566330106   8,261,887 579,375 SH   DFND 1 579,375 0 0
MARRIOTT INTL INC CL A 571903202   51,852,985 205,513 SH   DFND 3 205,513 0 0
MASTEC INC COM 576323109   70,442,262 755,413 SH   DFND 1 755,413 0 0
MASTEC INC COM 576323109   551,854 5,918 SH   DFND   5,918 0 0
MICRON TECHNOLOGY INC COM 595112103   486,066,247 4,123,049 SH   DFND 1 4,123,049 0 0
MICRON TECHNOLOGY INC COM 595112103   5,088,132 43,160 SH   DFND 2 43,160 0 0
MICRON TECHNOLOGY INC COM 595112103   1,142,118 9,688 SH   DFND   9,688 0 0
MICROSOFT CORP COM 594918104   24,142,596 57,384 SH   DFND 1 57,384 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307   9,274,207 26,126 SH   DFND 2 26,126 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307   326,319,625 919,262 SH   DFND 1 919,262 0 0
NAVIENT CORPORATION COM 63938C108   229,349 13,181 SH   DFND   13,181 0 0
NAVIENT CORPORATION COM 63938C108   17,064,250 980,704 SH   DFND 1 980,704 0 0
NETEASE INC SPONSORED ADS 64110W102   160,500,595 1,551,180 SH   DFND 1 1,551,180 0 0
NEWMONT CORP COM 651639106   14,982,374 418,035 SH   DFND 1 418,035 0 0
NOBLE CORP PLC ORD SHS A G65431127   304,784,671 6,285,516 SH   DFND 1 6,285,516 0 0
OREILLY AUTOMOTIVE INC COM 67103H107   215,616 191 SH   DFND 2 191 0 0
PORTILLOS INC COM CL A 73642K106   193,146 13,621 SH   DFND   13,621 0 0
PORTILLOS INC COM CL A 73642K106   76,441,601 5,390,804 SH   DFND 1 5,390,804 0 0
PROGRESSIVE CORP COM 743315103   11,081,002 53,578 SH   DFND 2 53,578 0 0
PROGRESSIVE CORP COM 743315103   276,582,247 1,337,309 SH   DFND 1 1,337,309 0 0
RENAISSANCERE HLDGS LTD COM G7496G103   558,341,028 2,375,616 SH   DFND 1 2,375,616 0 0
RXO INC COMMON STOCK 74982T103   10,005,853 457,515 SH   DFND 2 457,515 0 0
RXO INC COMMON STOCK 74982T103   363,973,990 16,642,615 SH   DFND 1 16,642,615 0 0
SENDAS DISTRIBUIDORA S A SPON ADS 81689T104   100,258,031 6,783,358 SH   DFND 1 6,783,358 0 0
SHELL PLC SPON ADS 780259305   929,040 13,858 SH   DFND   13,858 0 0
SHELL PLC SPON ADS 780259305   691,044,298 10,307,940 SH   DFND 1 10,307,940 0 0
SHINHAN FINANCIAL GROUP CO L SPN ADR RESTRD 824596100   16,598,212 467,687 SH   DFND 1 467,687 0 0
SHINHAN FINANCIAL GROUP CO L SPN ADR RESTRD 824596100   398,162 11,219 SH   DFND   11,219 0 0
SPDR GOLD TR GOLD SHS 78463V107   6,003,527 29,183 SH   DFND   29,183 0 0
SPDR GOLD TR GOLD SHS 78463V107   3,982,739 19,360 SH   DFND 2 19,360 0 0
SPDR GOLD TR GOLD SHS 78463V107   215,352,633 1,046,824 SH   DFND 1 1,046,824 0 0
SUMITOMO MITSUI FINL GROUP I SPONSORED ADR 86562M209   1,473,639 125,203 SH   DFND 1 125,203 0 0
SUNRUN INC COM 86771W105   184,901,205 14,028,923 SH   DFND 1 14,028,923 0 0
SUNRUN INC COM 86771W105   2,667,092 202,359 SH   DFND 2 202,359 0 0
SYNAPTICS INC COM 87157D109   218,373,328 2,238,349 SH   DFND 1 2,238,349 0 0
SYNAPTICS INC COM 87157D109   3,990,399 40,902 SH   DFND 2 40,902 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100   161,491 1,187 SH   DFND   1,187 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100   38,628,949 283,932 SH   DFND 1 283,932 0 0
TECK RESOURCES LTD CL B 878742204   17,278,837 377,432 SH   DFND 1 377,432 0 0
TENARIS S A SPONSORED ADS 88031M109   301,279 7,672 SH   DFND   7,672 0 0
TENARIS S A SPONSORED ADS 88031M109   295,472,389 7,524,125 SH   DFND 1 7,524,125 0 0
TEXAS INSTRS INC COM 882508104   3,121,669 17,919 SH   DFND 2 17,919 0 0
TEXAS INSTRS INC COM 882508104   243,838,253 1,399,680 SH   DFND 1 1,399,680 0 0
UNITEDHEALTH GROUP INC COM 91324P102   10,855,697 21,944 SH   DFND 2 21,944 0 0
UNITEDHEALTH GROUP INC COM 91324P102   376,467 761 SH   DFND   761 0 0
UNITEDHEALTH GROUP INC COM 91324P102   885,094,484 1,789,154 SH   DFND 1 1,789,154 0 0
VALARIS LTD CL A G9460G101   434,775,063 5,776,974 SH   DFND 1 5,776,974 0 0
VIPSHOP HLDGS LTD SPONSORED ADS A 92763W103   102,070,437 6,167,398 SH   DFND 1 6,167,398 0 0
WESTLAKE CORPORATION COM 960413102   414,766,126 2,714,438 SH   DFND 1 2,714,438 0 0
WESTROCK CO COM 96145D105   14,000,630 283,127 SH   DFND 1 283,127 0 0
WHEATON PRECIOUS METALS CORP COM 962879102   1,972,438 41,851 SH   DFND 2 41,851 0 0
WHEATON PRECIOUS METALS CORP COM 962879102   88,421,347 1,876,116 SH   DFND 1 1,876,116 0 0
WHEATON PRECIOUS METALS CORP COM 962879102   235,556 4,998 SH   DFND   4,998 0 0
XPO INC COM 983793100   8,549,544 70,061 SH   DFND 2 70,061 0 0
XPO INC COM 983793100   515,854,734 4,227,278 SH   DFND 1 4,227,278 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   41,149,299 10,236,144 SH   DFND 1 10,236,144 0 0