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
AEGON N V NY REGISTRY SHS 007924103   98,971 19,521 SH   DFND   19,521 0 0
ALCON AG ORD SHS H01301128   487,323 5,935 SH   DFND   5,935 0 0
ARGENX SE SPONSORED ADR 04016X101   845,714 2,170 SH   DFND   2,170 0 0
ASML HOLDING N V N Y REGISTRY SHS N07059210   1,225,552 1,691 SH   DFND   1,691 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108   1,478,565 20,659 SH   DFND   20,659 0 0
BHP GROUP LTD SPONSORED ADS 088606108   2,970,194 49,777 SH   DFND   49,777 0 0
BRITISH AMERN TOB PLC SPONSORED ADR 110448107   1,279,926 38,552 SH   DFND   38,552 0 0
DEUTSCHE BANK A G NAMEN AKT D18190898   670,856 63,709 SH   DFND   63,709 0 0
DIAGEO PLC SPON ADR NEW 25243Q205   408,719 2,356 SH   DFND   2,356 0 0
ENDAVA PLC ADS 29260V105   209,128 4,038 SH   DFND   4,038 0 0
EPAM SYS INC COM 29414B104   988,900 4,400 SH   DFND   4,400 0 0
ERICSSON ADR B SEK 10 294821608   125,813 23,085 SH   DFND   23,085 0 0
EURONAV NV SHS B38564108   222,988 14,651 SH   DFND   14,651 0 0
FERGUSON PLC NEW SHS G3421J106   483,886 3,076 SH   DFND   3,076 0 0
FERRARI N V COM N3167Y103   14,402,250 44,286 SH   DFND   44,286 0 0
FRONTLINE PLC COM M46528101   934,468 64,313 SH   DFND   64,313 0 0
GLOBANT S A COM L44385109   627,043 3,489 SH   DFND   3,489 0 0
HALEON PLC SPON ADS 405552100   1,011,625 120,719 SH   DFND   120,719 0 0
HARMONY GOLD MINING CO LTD SPONSORED ADR 413216300   52,991 12,617 SH   DFND   12,617 0 0
HSBC HLDGS PLC SPON ADR NEW 404280406   1,159,083 29,255 SH   DFND   29,255 0 0
INDIVIOR PLC ORD G4766E116   249,048 10,377 SH   DFND   10,377 0 0
ING GROEP N.V. SPONSORED ADR 456837103   2,781,084 206,465 SH   DFND   206,465 0 0
KONINKLIJKE PHILIPS N V NY REGIS SHS NEW 500472303   488,632 22,528 SH   DFND   22,528 0 0
LINDE PLC SHS G54950103   227,505 597 SH   DFND   597 0 0
LLOYDS BANKING GROUP PLC SPONSORED ADR 539439109   761,156 345,980 SH   DFND   345,980 0 0
LOGITECH INTL S A SHS H50430232   20,684,921 348,231 SH   DFND   348,231 0 0
NOKIA CORP SPONSORED ADR 654902204   4,088,710 982,863 SH   DFND   982,863 0 0
PEARSON PLC SPONSORED ADR 705015105   255,670 24,396 SH   DFND   24,396 0 0
QIAGEN NV SHS NEW N72482123   1,921,025 42,661 SH   DFND   42,661 0 0
RENTOKIL INITIAL PLC SPONSORED ADR 760125104   538,416 13,802 SH   DFND   13,802 0 0
RIO TINTO PLC SPONSORED ADR 767204100   2,454,903 38,454 SH   DFND   38,454 0 0
SAP SE SPON ADR 803054204   20,345,426 148,713 SH   DFND   148,713 0 0
SMITH & NEPHEW PLC SPDN ADR NEW 83175M205   1,193,960 37,022 SH   DFND   37,022 0 0
SPDR INDEX SHS FDS EURO STOXX 50 78463X202   639,122 13,900 SH   DFND   13,900 0 0
STELLANTIS N.V SHS N82405106   14,610,364 832,974 SH   DFND   832,974 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100   1,963,701 19,458 SH   DFND   19,458 0 0
TOTALENERGIES SE SPONSORED ADS 89151E109   818,488 14,200 SH   DFND   14,200 0 0
UBS GROUP AG SHS H42097107   562,979 27,774 SH   DFND   27,774 0 0
UNILEVER PLC SPON ADR NEW 904767704   535,010 10,263 SH   DFND   10,263 0 0
WOODSIDE ENERGY GROUP LTD SPONSORED ADR 980228308   2,655,278 114,501 SH   DFND   114,501 0 0