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
ABB Ltd. Sponsored ADR COM 000375204   1,212,027 21,756 SH   SOLE   21,756 0 0
ACCENTURE PLC CL A COM G1151C101   540,070 1,780 SH   SOLE   1,780 0 0
ADIDAS AG ADR COM 00687A107   643,768 5,371 SH   SOLE   5,371 0 0
Aegon NV ADR COM 0076CA104   89,100 14,535 SH   SOLE   14,535 0 0
Aercap Holdings N.V. COM N00985106   12,303,518 132,012 SH   SOLE   132,012 0 0
AIA GROUP LTD COM 001317205   2,225,164 82,322 SH   SOLE   82,322 0 0
Alcon AG COM H01301128   347,056 3,896 SH   SOLE   3,896 0 0
Alibaba Group Holding Ltd. Spo COM 01609W102   1,019,592 14,161 SH   SOLE   14,161 0 0
Ambev SA Sponsored ADR COM 02319V103   35,645 17,388 SH   SOLE   17,388 0 0
AMDOCS LIMITED ORD COM G02602103   208,822 2,646 SH   SOLE   2,646 0 0
America Movil SAB de CV Sponso COM 02390A101   2,441,098 143,594 SH   SOLE   143,594 0 0
Anglogold Ashanti PLC COM G0378L100   819,288 32,602 SH   SOLE   32,602 0 0
ARCH CAPITAL GROUP LTD COM G0450A105   223,068 2,211 SH   SOLE   2,211 0 0
Ascendis Pharma A/S Sponsored COM 04351P101   3,340,901 24,497 SH   SOLE   24,497 0 0
ASE Technology Holding Co., Lt COM 00215W100   238,084 20,848 SH   SOLE   20,848 0 0
ASML HOLDING NV COM N07059210   16,620,385 16,251 SH   SOLE   16,251 0 0
ASTRAZENECA PLC ADR COM 046353108   5,271,578 67,593 SH   SOLE   67,593 0 0
Banco Bradesco S.A. Sponsored COM 059460303   40,826 18,226 SH   SOLE   18,226 0 0
Banco Santander-Chile COM 05965X109   963,343 51,160 SH   SOLE   51,160 0 0
Barrick Gold Corp. COM 067901108   248,816 14,917 SH   SOLE   14,917 0 0
BNP PARIBAS COM 05565A202   807,839 25,135 SH   SOLE   25,135 0 0
Bunzl plc Sponsored ADR COM 120738406   320,099 8,417 SH   SOLE   8,417 0 0
Cae Inc. COM 124765108   3,909,901 210,436 SH   SOLE   210,436 0 0
Cameco Corp. COM 13321L108   708,136 14,393 SH   SOLE   14,393 0 0
CGI Inc. Class A COM 12532H104   8,185,418 82,010 SH   SOLE   82,010 0 0
CHECK POINT SOFTWARE TECH COM M22465104   5,244,195 31,783 SH   SOLE   31,783 0 0
CHUBB LIMITED COM H1467J104   680,043 2,666 SH   SOLE   2,666 0 0
Commerzbank AG Sponsored ADR COM 202597605   187,723 12,334 SH   SOLE   12,334 0 0
Commonwealth Bank of Australia COM 202712600   3,747,401 44,306 SH   SOLE   44,306 0 0
DASSAULT SYSTEMS ADR COM 237545108   514,360 13,611 SH   SOLE   13,611 0 0
Elbit Systems Ltd. COM M3760D101   4,009,148 22,698 SH   SOLE   22,698 0 0
Experian PLC COM 30215C101   3,134,441 67,205 SH   SOLE   67,205 0 0
Fabrinet COM G3323L100   356,904 1,458 SH   SOLE   1,458 0 0
Ferrari NV COM N3167Y103   12,325,423 30,182 SH   SOLE   30,182 0 0
Gazprom PJSC Sponsored ADR COM 368287207   73,480 66,800 SH   SOLE   66,800 0 0
Grifols, S.A. Sponsored ADR Cl COM 398438408   1,106,584 175,509 SH   SOLE   175,509 0 0
HDFC Bank Limited Sponsored AD COM 40415F101   2,702,825 42,015 SH   SOLE   42,015 0 0
HSBC Holdings PLC Sponsored AD COM 404280406   616,482 14,172 SH   SOLE   14,172 0 0
IBERDROLA SA SPONSORED ADR COM 450737101   414,793 7,928 SH   SOLE   7,928 0 0
ICICI Bank Limited Sponsored A COM 45104G104   4,385,948 152,237 SH   SOLE   152,237 0 0
Icon Plc COM G4705A100   5,600,142 17,865 SH   SOLE   17,865 0 0
INFINEON TECHNOLOGIES COM 45662N103   1,948,541 52,892 SH   SOLE   52,892 0 0
Infosys Limited Sponsored ADR COM 456788108   2,018,389 108,399 SH   SOLE   108,399 0 0
INTERCONTINENTAL HOTELS GROUP COM 45857P806   12,867,204 121,446 SH   SOLE   121,446 0 0
Julius Baer Gruppe AG Unsponso COM 48137C108   143,830 12,888 SH   SOLE   12,888 0 0
KB Financial Group Inc. Sponso COM 48241A105   3,560,146 62,889 SH   SOLE   62,889 0 0
Lloyds Banking Group plc Spons COM 539439109   2,644,963 968,851 SH   SOLE   968,851 0 0
Logitech International S.A. COM H50430232   7,038,526 72,652 SH   SOLE   72,652 0 0
LONZA GROUP AG UNSPON ADR COM 54338V101   403,736 7,408 SH   SOLE   7,408 0 0
LVMH Moet Hennessy Louis Vuitt COM 502441306   2,384,746 15,551 SH   SOLE   15,551 0 0
MEDTRONIC PLC COM G5960L103   228,102 2,898 SH   SOLE   2,898 0 0
MercadoLibre, Inc. COM 58733R102   604,771 368 SH   SOLE   368 0 0
Merck KGaA Sponsored ADR COM 589339209   2,327,998 70,205 SH   SOLE   70,205 0 0
METTLER-TOLEDO INTL W/1 RT/SH COM 592688105   640,096 458 SH   SOLE   458 0 0
Mitsubishi UFJ Financial Group COM 606822104   158,231 14,651 SH   SOLE   14,651 0 0
MMC Norilsk Nickel COM 55315J102   112,042 37,100 SH   SOLE   37,100 0 0
NATIONAL AUSTRALIA BANK ADR COM 632525408   695,532 57,961 SH   SOLE   57,961 0 0
National Grid Transco COM 636274409   1,647,484 29,005 SH   SOLE   29,005 0 0
Nestle S.A. Sponsored ADR COM 641069406   3,306,164 32,271 SH   SOLE   32,271 0 0
NIDEC CORP ADR COM 654090109   419,580 37,131 SH   SOLE   37,131 0 0
NIPPON TEL & TEL CORP ADR COM 654624105   360,548 15,213 SH   SOLE   15,213 0 0
Nokia Oyj Sponsored ADR COM 654902204   3,685,258 974,936 SH   SOLE   974,936 0 0
NOVARTIS AG ADR COM 66987V109   4,762,595 44,736 SH   SOLE   44,736 0 0
Novo Nordisk A/S COM 670100205   7,959,753 55,764 SH   SOLE   55,764 0 0
Oil company LUKOIL PJSC Sponso COM 69343P105   93,960 13,500 SH   SOLE   13,500 0 0
Open Text Corp. COM 683715106   3,544,480 117,992 SH   SOLE   117,992 0 0
ORIX Corporation Sponsored ADR COM 686330101   6,742,554 60,580 SH   SOLE   60,580 0 0
PDD Holdings Inc. Sponsored AD COM 722304102   2,455,587 18,470 SH   SOLE   18,470 0 0
PEARSON PLC SPONSORED ADR ADR COM 705015105   3,703,652 296,767 SH   SOLE   296,767 0 0
Petroleo Brasileiro SA Sponsor COM 71654V408   271,253 18,720 SH   SOLE   18,720 0 0
PT Bank Mandiri (Persero) Tbk COM 69367U105   2,234,929 150,096 SH   SOLE   150,096 0 0
RELX PLC Sponsored ADR COM 759530108   3,587,357 78,190 SH   SOLE   78,190 0 0
RIO TINTO PLC SPONSORED ADR COM 767204100   468,696 7,109 SH   SOLE   7,109 0 0
Rolls Royce Holdings ADR COM 775781206   5,697,981 994,412 SH   SOLE   994,412 0 0
Sandoz Group Ltd Sponsored ADR COM 799926100   1,643,779 45,408 SH   SOLE   45,408 0 0
SAP SE Sponsored ADR COM 803054204   9,927,158 49,215 SH   SOLE   49,215 0 0
Seiko Epson COM 81603X108   104,123 13,470 SH   SOLE   13,470 0 0
Shell PLC Sponsored ADR COM 780259305   749,734 10,387 SH   SOLE   10,387 0 0
SHIN-ETSU CHEM UNSPON ADR COM 824551105   650,268 33,450 SH   SOLE   33,450 0 0
Shopify, Inc. Class A COM 82509L107   10,374,209 157,066 SH   SOLE   157,066 0 0
Siemens Aktiengesellschaft Spo COM 826197501   708,700 7,600 SH   SOLE   7,600 0 0
SK Telecom Co., Ltd. Sponsored COM 78440P306   1,076,283 51,423 SH   SOLE   51,423 0 0
Smith & Nephew Plc COM 83175M205   5,080,495 205,024 SH   SOLE   205,024 0 0
Sociedad Quimica Y Minera De C COM 833635105   698,659 17,145 SH   SOLE   17,145 0 0
SoftBank Group Corp. Unsponsor COM 83404D109   549,470 17,059 SH   SOLE   17,059 0 0
Sony Group Corporation Sponsor COM 835699307   9,464,449 111,412 SH   SOLE   111,412 0 0
South32 Ltd. ADR COM 84473L105   776,065 63,979 SH   SOLE   63,979 0 0
Stmicroelectronics N.V. COM 861012102   6,982,138 177,753 SH   SOLE   177,753 0 0
Sumitomo Corporation COM 865613103   450,666 17,912 SH   SOLE   17,912 0 0
Taiwan Semiconductor Manufactu COM 874039100   12,265,076 70,566 SH   SOLE   70,566 0 0
Teck Resources Ltd. COM 878742204   1,815,793 37,908 SH   SOLE   37,908 0 0
Telefonaktiebolaget LM Ericsso COM 294821608   1,865,148 302,293 SH   SOLE   302,293 0 0
Tencent Holdings Ltd. Unsponso COM 88032Q109   3,706,252 78,257 SH   SOLE   78,257 0 0
Toronto-Dominion Bank COM 891160509   338,389 6,157 SH   SOLE   6,157 0 0
TotalEnergies SE Sponsored ADR COM 89151E109   661,666 9,923 SH   SOLE   9,923 0 0
Toyota Motor Corp. COM 892331307   1,525,797 7,444 SH   SOLE   7,444 0 0
UBS Group AG COM H42097107   12,839,472 434,647 SH   SOLE   434,647 0 0
United Microelectronics Corp S COM 910873405   208,970 23,855 SH   SOLE   23,855 0 0
Veolia Environnement COM 92334N103   199,670 13,338 SH   SOLE   13,338 0 0
Yandex NV Class A COM N97284108   200,291 10,575 SH   SOLE   10,575 0 0
Yum China Holdings, Inc. COM 98850P109   1,059,755 34,363 SH   SOLE   34,363 0 0