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
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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
ALIBABA GROUP HOLDING LTD ADR 01609W102   887,229 8,683 SH   SOLE 0 8,683 0 0
ALPHABET INC COM 02079K107   4,044,248 38,887 SH   SOLE 0 31,688 0 7,199
AMAZON.COM INC COM 023135106   3,297,430 31,924 SH   SOLE 0 25,711 0 6,213
AMERICAN TOWER CORP COM 03027X100   2,191,955 10,727 SH   SOLE 0 8,636 0 2,091
APPLE INC COM 037833100   2,098,352 12,725 SH   SOLE 0 10,325 0 2,400
ASML HOLDING NV NY REG SHRS N07059210   631,699 928 SH   SOLE 0 928 0 0
ASTRAZENECA PLC ADR 046353108   409,172 5,895 SH   SOLE 0 5,895 0 0
BANK OF AMERICA CORP COM 060505104   562,734 19,676 SH   SOLE 0 15,845 0 3,831
BANCO BBVA ARGENTINA S A ADR 058934100   116,306 29,670 SH   SOLE 0 29,670 0 0
BERKSHIRE HATHAWAY INC COM 084670702   2,043,131 6,617 SH   SOLE 0 5,353 0 1,264
BOOKING HOLDINGS INC COM 09857L108   1,819,553 686 SH   SOLE 0 553 0 133
CANADIAN PACIFIC KANSAS CITY COM 13646K108   11,297,452 146,900 SH   SOLE 0 81,442 0 65,458
COMPANIA CERVECERIAS UNIDAS ADR 204429104   90,748 5,806 SH   SOLE 0 5,806 0 0
DANAHER CORPORATION COM 235851102   1,601,462 6,354 SH   SOLE 0 5,114 0 1,240
DR REDDYS LABS LTD ADR 256135203   869,093 15,266 SH   SOLE 0 15,266 0 0
ANTHEM INC COM 036752103   1,982,701 4,312 SH   SOLE 0 3,454 0 858
EQUINOR ASA ADR 29446M102   29,027 1,021 SH   SOLE 0 1,021 0 0
FABRINET COM G3323L100   1,535,092 12,926 SH   SOLE 0 12,926 0 0
GLOBANT S A COM L44385109   1,535,790 9,364 SH   SOLE 0 9,364 0 0
GOLD FIELDS LTD ADR 38059T106   4,196,040 315,018 SH   SOLE 0 315,018 0 0
HALLIBURTON CO COM 406216101   870,321 27,507 SH   SOLE 0 22,132 0 5,375
HDFC BANK LTD ADR 40415F101   5,308,799 79,628 SH   SOLE 0 55,969 0 23,659
INFOSYS LTD ADR 456788108   1,984,899 113,813 SH   SOLE 0 113,813 0 0
ING GROEP N.V. ADR 456837103   477,601 40,236 SH   SOLE 0 40,236 0 0
ISHARES MSCI INDIA SMALL-CAP ETF 46429B614   286,259 5,755 SH   SOLE 0 5,755 0 0
ITAU UNIBANCO HLDG S A ADR 465562106   712,866 146,379 SH   SOLE 0 146,379 0 0
MASTERCARD INC COM 57636Q104   2,174,282 5,983 SH   SOLE 0 4,818 0 1,165
META PLATFORMS INC COM 30303M102   2,940,244 13,873 SH   SOLE 0 11,181 0 2,692
MICROSOFT CORP COM 594918104   2,953,345 10,244 SH   SOLE 0 8,236 0 2,008
NOVO NORDISK A/S ADR 670100205   95,643 601 SH   SOLE 0 601 0 0
PAYPAL HOLDINGS INC COM 70450Y103   1,983,249 26,116 SH   SOLE 0 21,036 0 5,080
PETROLEO BRASILEIRO SA PETRO ADR 71654V408   371,558 35,624 SH   SOLE 0 35,624 0 0
S&P GLOBAL INC COM 78409V104   1,486,993 4,313 SH   SOLE 0 3,468 0 845
SAP SE ADR 803054204   428,751 3,388 SH   SOLE 0 3,388 0 0
SILICON MOTION TECHNOLOGY CORP ADR 82706C108   108,239 1,652 SH   SOLE 0 1,652 0 0
SOCIEDAD QUIMICA MINERA DE CHILE ADR 833635105   659,261 8,133 SH   SOLE 0 8,133 0 0
SOUTHERN COPPER CORP COM 84265V105   1,771,364 23,231 SH   SOLE 0 23,231 0 0
STELLANTIS NV SHS N82405106   3,227,190 177,567 SH   SOLE 0 88,895 0 88,672
SUMITOMO MITSUI FINL GROUP ADR 86562M209   251,560 31,445 SH   SOLE 0 31,445 0 0
TJX COS INC/THE COM 872540109   1,776,578 22,672 SH   SOLE 0 18,252 0 4,420
TOTALENERGIES SE ADS 89151E109   304,048 5,149 SH   SOLE 0 5,149 0 0
TAIWAN SEMICONDUCTOR MFG LTD ADS 874039100   6,291,873 67,640 SH   SOLE 0 34,947 0 32,693
UBS GROUP AG SHS H42097107   10,210,890 483,275 SH   SOLE 0 269,931 0 213,344
VISA INC COM 92826C839   2,676,887 11,873 SH   SOLE 0 9,560 0 2,313
WNS HOLDINGS LTD ADR 92932M101   330,567 3,548 SH   SOLE 0 3,548 0 0