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
ASE Tech ADR ADR 00215W100   40 6,419 SH   SOLE 0 0 6,419 0
AbbVie COM 00287Y109   139,077 860,570 SH   SOLE 0 0 860,570 0
Alibaba ADR ADR 01609W102   93 1,053 SH   SOLE 0 0 1,053 0
Alphabet CL A COM 02079K305   133 1,504 SH   SOLE 0 0 1,504 0
Amazon COM 023135106   62,287 741,507 SH   SOLE 0 0 741,507 0
American Tower COM 03027X100   97,051 458,092 SH   SOLE 0 0 458,092 0
Autohome ADR ADR 05278C107   173,530 5,670,919 SH   SOLE 0 0 5,670,919 0
BP Plc ADR ADR 055622104   65,821 1,884,358 SH   SOLE 0 0 1,884,358 0
Baidu ADR ADR 056752108   163,935 1,433,246 SH   SOLE 0 0 1,433,246 0
BSCH ADR ADR 05964H105   60,216 20,412,142 SH   SOLE 0 0 20,412,142 0
Bank NovaScotia COM 064149107   78 1,172 SH   SOLE 0 0 1,172 0
Barrick Gold US COM 067901108   163,726 9,530,043 SH   SOLE 0 0 9,530,043 0
Berkshire HathB COM 084670702   109,123 353,263 SH   SOLE 0 0 353,263 0
B2Gold COM 11777Q209   111 23,175 SH   SOLE 0 0 23,175 0
CI Financial COM 125491100   79 5,826 SH   SOLE 0 0 5,826 0
CSX Corp COM 126408103   57 1,852 SH   SOLE 0 0 1,852 0
Centene COM 15135B101   102,885 1,254,548 SH   SOLE 0 0 1,254,548 0
Colgate COM 194162103   129,473 1,643,262 SH   SOLE 0 0 1,643,262 0
Xtrack CN-A ETF COM 233051879   117 4,187 SH   SOLE 0 0 4,187 0
Daqo New Energy COM 23703Q203   32 823 SH   SOLE 0 0 823 0
Dell Tech COM 24703L202   113,414 2,819,853 SH   SOLE 0 0 2,819,853 0
Dr Reddys ADR ADR 256135203   15,144 292,640 SH   SOLE 0 0 292,640 0
Dollar Tree COM 256746108   189 1,334 SH   SOLE 0 0 1,334 0
Duke Energy COM 26441C204   189 1,831 SH   SOLE 0 0 1,831 0
DuPont COM 26614N102   80,122 1,167,446 SH   SOLE 0 0 1,167,446 0
Eni SpA ADR ADR 26874R108   32 1,126 SH   SOLE 0 0 1,126 0
EOG Resources COM 26875P101   322 2,485 SH   SOLE 0 0 2,485 0
Edison Intl COM 281020107   381 5,982 SH   SOLE 0 0 5,982 0
Electronic Arts COM 285512109   203 1,665 SH   SOLE 0 0 1,665 0
Enbridge Inc COM 29250N105   79 1,487 SH   SOLE 0 0 1,487 0
Enel Chile ADR ADR 29278D105   310 137,742 SH   SOLE 0 0 137,742 0
Eversource En COM 30040W108   632 7,536 SH   SOLE 0 0 7,536 0
Exxon Mobil COM 30231G102   109,074 988,887 SH   SOLE 0 0 988,887 0
Meta Platforms COM 30303M102   87,992 731,199 SH   SOLE 0 0 731,199 0
FedEx COM 31428X106   246 1,423 SH   SOLE 0 0 1,423 0
Gilead Sciences COM 375558103   318 3,700 SH   SOLE 0 0 3,700 0
GSK PLC ADR ADR 37733W204   41,223 1,173,106 SH   SOLE 0 0 1,173,106 0
HCA Healthcare COM 40412C101   121,629 506,873 SH   SOLE 0 0 506,873 0
HDFC Bank ADR ADR 40415F101   25,461 372,185 SH   SOLE 0 0 372,185 0
Hello Group ADR ADR 423403104   15 1,691 SH   SOLE 0 0 1,691 0
Honda Motor ADR ADR 438128308   55,452 2,410,969 SH   SOLE 0 0 2,410,969 0
ICICI Bank ADR ADR 45104G104   40 1,827 SH   SOLE 0 0 1,827 0
Infosys ADR ADR 456788108   58,478 3,246,997 SH   SOLE 0 0 3,246,997 0
Intel COM 458140100   173 6,541 SH   SOLE 0 0 6,541 0
Ishs MSCI SK COM 464286772   199 3,523 SH   SOLE 0 0 3,523 0
ItauUniBanADR P ADR 465562106   57,912 12,295,629 SH   SOLE 0 0 12,295,629 0
JOYY ADR ADR 46591M109   12 395 SH   SOLE 0 0 395 0
Johnson&Johnson COM 478160104   132,239 748,593 SH   SOLE 0 0 748,593 0
Philips ADR ADR 500472303   29,142 1,944,063 SH   SOLE 0 0 1,944,063 0
L3Harris Tech COM 502431109   240 1,152 SH   SOLE 0 0 1,152 0
LabCorp COM 50540R409   124,778 529,889 SH   SOLE 0 0 529,889 0
Lloyds Bank ADR ADR 539439109   58,950 26,795,456 SH   SOLE 0 0 26,795,456 0
Maximus COM 577933104   84,986 1,158,950 SH   SOLE 0 0 1,158,950 0
Microsoft Corp COM 594918104   146,129 609,327 SH   SOLE 0 0 609,327 0
Micron Tech COM 595112103   70,369 1,407,944 SH   SOLE 0 0 1,407,944 0
NetEase ADR ADR 64110W102   39 538 SH   SOLE 0 0 538 0
Norfolk South COM 655844108   61 249 SH   SOLE 0 0 249 0
Novartis ADR ADR 66987V109   62,744 691,627 SH   SOLE 0 0 691,627 0
Open Text COM 683715106   19 471 SH   SOLE 0 0 471 0
PPL Corp COM 69351T106   60 2,066 SH   SOLE 0 0 2,066 0
Pepsi COM 713448108   12,472 69,037 SH   SOLE 0 0 69,037 0
Petrobras ADR ADR 71654V408   136,075 12,777,021 SH   SOLE 0 0 12,777,021 0
Pinnacle Fin P COM 72346Q104   97,758 1,331,853 SH   SOLE 0 0 1,331,853 0
Progressive COM 743315103   272 2,094 SH   SOLE 0 0 2,094 0
Qualcomm Inc COM 747525103   31 284 SH   SOLE 0 0 284 0
Ritchie Bros COM 767744105   31,504 402,810 SH   SOLE 0 0 402,810 0
Shell ADR ADR 780259305   51 900 SH   SOLE 0 0 900 0
S&P Global COM 78409V104   88,089 263,000 SH   SOLE 0 0 263,000 0
Salesforce COM 79466L302   156 1,176 SH   SOLE 0 0 1,176 0
Sanofi ADR ADR 80105N105   63,306 1,307,169 SH   SOLE 0 0 1,307,169 0
Shinhan ADR ADR 824596100   54 1,937 SH   SOLE 0 0 1,937 0
Sony ADR ADR 835699307   63,989 841,963 SH   SOLE 0 0 841,963 0
Stanley B&D COM 854502101   256 3,407 SH   SOLE 0 0 3,407 0
Stericycle Inc COM 858912108   105,977 2,124,211 SH   SOLE 0 0 2,124,211 0
Suzano ADR ADR 86959K105   44 4,773 SH   SOLE 0 0 4,773 0
Synchrony Fin COM 87165B103   217 6,604 SH   SOLE 0 0 6,604 0
TaiwanSMC ADR ADR 874039100   87,527 1,175,012 SH   SOLE 0 0 1,175,012 0
Takeda PharmADR ADR 874060205   69,883 4,367,715 SH   SOLE 0 0 4,367,715 0
Target Corp COM 87612E106   157 1,056 SH   SOLE 0 0 1,056 0
TC Energy (CA) COM 87807B107   158,486 2,936,016 SH   SOLE 0 0 2,936,016 0
Unilever ADR AM ADR 904767704   40 800 SH   SOLE 0 0 800 0
Vale SA ADR ADR 91912E105   151,524 8,928,948 SH   SOLE 0 0 8,928,948 0
Visa COM 92826C839   71,585 344,554 SH   SOLE 0 0 344,554 0
WPP ADR ADR 92937A102   52,202 1,061,886 SH   SOLE 0 0 1,061,886 0
WalMart St COM 931142103   148,490 1,047,252 SH   SOLE 0 0 1,047,252 0
Waste Mgmt Inc COM 94106L109   251 1,600 SH   SOLE 0 0 1,600 0
Wells Fargo COM 949746101   144,445 3,498,308 SH   SOLE 0 0 3,498,308 0
Yum China COM 98850P109   32,136 588,042 SH   SOLE 0 0 588,042 0
Yum China HK COM 98850P109   32,136 224,450 SH   SOLE 0 0 224,450 0
CI&T Inc COM G21307106   4,106 631,626 SH   SOLE 0 0 631,626 0
Credicorp Ltd COM G2519Y108   217,544 1,603,600 SH   SOLE 0 0 1,603,600 0
FLEX LNG NOK COM G35947202   352 1,097 SH   SOLE 0 0 1,097 0
Patria Invest COM G69451105   3,649 261,980 SH   SOLE 0 0 261,980 0