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
ABRDN GOLD ETF TRUST ETF 00326A104   2,048,814 81,789 SH   SOLE   81,789 0 0
ADOBE INC COM 00724F101   5,907,129 13,284 SH   SOLE   6,487 0 6,797
ALIBABA GROUP HOLDING LTD ADR 01609W102   1,109,223 13,082 SH   SOLE   10,662 0 2,420
ALPHABET INC COM 02079K107   10,543,139 55,362 SH   SOLE   28,201 0 27,161
AMAZON.COM INC COM 023135106   11,596,517 52,858 SH   SOLE   27,017 0 25,841
APPLE INC COM 037833100   5,262,827 21,016 SH   SOLE   10,805 0 10,211
ARCH CAP GROUP LTD ORD G0450A105   561,303 6,078 SH   SOLE   4,418 0 1,660
ASML HOLDING NV NY REG SHRS N07059210   892,687 1,288 SH   SOLE   1,076 0 212
ASTRAZENECA PLC ADR 046353108   670,335 10,231 SH   SOLE   8,782 0 1,449
BANCO BBVA ARGENTINA S A ADS 058934100   1,087,240 57,043 SH   SOLE   57,043 0 0
BANK OF AMERICA CORP COM 060505104   2,631,374 59,872 SH   SOLE   30,523 0 29,349
BARCLAYS PLC ADR 06738E204   462,678 34,814 SH   SOLE   28,675 0 6,139
BERKSHIRE HATHAWAY INC COM 084670702   3,400,507 7,502 SH   SOLE   3,744 0 3,758
BOOKING HOLDINGS INC COM 09857L108   2,205,978 444 SH   SOLE   227 0 217
CANADIAN PACIFIC KANSAS CITY COM 13646K108   12,097,773 167,169 SH   SOLE   50,672 0 116,497
COMPANIA CERVECERIAS UNIDAS ADR 204429104   170,868 15,081 SH   SOLE   15,081 0 0
DANAHER CORPORATION COM 235851102   1,300,630 5,666 SH   SOLE   2,882 0 2,784
DESPEGAR COM CORP ORD SHS G27358103   405,963 21,089 SH   SOLE   21,089 0 0
DOLLAR GEN CORP NEW COM 256677105   3,821,707 50,405 SH   SOLE   25,533 0 24,872
ANTHEM INC COM 036752103   3,808,892 10,325 SH   SOLE   5,205 0 5,120
EMBRAER S.A. ADS 29082A107   2,799,381 76,319 SH   SOLE   29,693 0 46,626
GRUPO FINANCIERO GALICIA S.A ADR 399909100   3,802 61 SH   SOLE   61 0 0
GLOBAL X FDS GB MSCI AR ETF 37950E259   641,685 7,762 SH   SOLE   7,762 0 0
HDFC BANK LTD ADS 40415F101   2,654,022 41,560 SH   SOLE   8,479 0 33,081
ICICI BANK LIMITED ADR 45104G104   1,225,813 41,052 SH   SOLE   9,048 0 32,004
INTERNATIONAL FLAVORS&FRAGRA COM 459506101   3,889,976 46,008 SH   SOLE   23,413 0 22,595
ISHARES TR MSCI INDIA ETF 46429B598   4,264 81 SH   SOLE   81 0 0
ISHARES MSCI INDIA SMALL-CAP ETF 46429B614   979,783 12,816 SH   SOLE   12,816 0 0
JD.COM INC ADR CL A 47215P106   465,098 13,415 SH   SOLE   10,958 0 2,457
MAKEMYTRIP LIMITED MAURITIUS SHS V5633W109   134,736 1,200 SH   SOLE   1,200 0 0
MASTERCARD INC COM 57636Q104   5,259,381 9,988 SH   SOLE   5,069 0 4,919
MERCADOLIBRE INC COM 58733R102   1,700 1 SH   SOLE   1 0 0
META PLATFORMS INC CL A 30303M102   8,532,052 14,572 SH   SOLE   7,390 0 7,182
MICRON TECHNOLOGY INC COM 595112103   3,846,785 45,708 SH   SOLE   23,264 0 22,444
MICROSOFT CORP COM 594918104   7,205,121 17,094 SH   SOLE   8,668 0 8,426
NOVO-NORDISK A S ADR 670100205   354,144 4,117 SH   SOLE   3,503 0 614
S&P GLOBAL INC COM 78409V104   1,677,863 3,369 SH   SOLE   1,710 0 1,659
SAP SE ADR 803054204   155,851 633 SH   SOLE   633 0 0
SEA LTD ADS 81141R100   5,305 50 SH   SOLE   50 0 0
SOUTHERN COPPER CORP COM 84265V105   3,392 37 SH   SOLE   37 0 0
SPROTT PHYSICAL SILVER TR TR UNIT 85207K107   1,496 155 SH   SOLE   155 0 0
SUMITOMO MITSUI FINL GROUP ADR 86562M209   190,080 13,118 SH   SOLE   13,118 0 0
SUZANO S A ADS 86959K105   1,022 101 SH   SOLE   101 0 0
TAIWAN SEMICONDUCTOR MFG LTD ADS 874039100   8,800,352 44,561 SH   SOLE   17,136 0 27,425
TJX COS INC/THE COM 872540109   1,606,531 13,298 SH   SOLE   6,777 0 6,521
TRANSPORTADORA DE GAS SUR ADS 893870204   767,781 26,231 SH   SOLE   26,231 0 0
UBS GROUP AG SHS H42097107   20,025,724 654,665 SH   SOLE   199,288 0 455,377
VANECK ETF TRUST SEMICONDUCTOR ETF 92189F676   484 2 SH   SOLE   2 0 0
VISA INC COM 92826C839   7,533,762 23,838 SH   SOLE   12,135 0 11,703
VISTA ENERGY S.A.B. DE C.V. ADS 92837L109   1,344,688 24,851 SH   SOLE   24,851 0 0