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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
51job ADR 316827104 103 1,055 SH   SOLE   1,055 0 0
58.com ADR 31680Q104 858 12,380 SH   SOLE   12,380 0 0
Abbott Laboratories Common Stock 002824100 177,246 2,906,139 SH   SOLE   2,768,899 0 137,240
Adobe Systems Common Stock 00724F101 378,774 1,553,562 SH   SOLE   1,457,621 0 95,941
Alexion Pharmaceuticals Common Stock 015351109 120 963 SH   SOLE   963 0 0
Alibaba Group Holding ADR 01609W102 630,394 3,397,799 SH   SOLE   3,136,504 0 261,295
Alphabet -CL A Common Stock 02079K305 361,648 320,272 SH   SOLE   294,279 0 25,993
Alphabet -CL C Common Stock 02079K107 27,618 24,755 SH   SOLE   23,079 0 1,676
Autohome ADR 05278C107 4,847 47,990 SH   SOLE   47,990 0 0
Baidu ADR 056752108 953 3,920 SH   SOLE   3,920 0 0
Bank of Montreal Non-US Prime Listing 063671101 1,240 12,200 SH   SOLE   12,200 0 0
Baozun ADR 06684L103 50 920 SH   SOLE   920 0 0
Becton, Dickinson & Company Common Stock 075887109 188,786 788,048 SH   SOLE   751,744 0 36,304
BlackRock Common Stock 09247X101 123,116 246,704 SH   SOLE   236,099 0 10,605
Booking Holdings Common Stock 09857L108 278,090 137,187 SH   SOLE   131,128 0 6,059
Canadian Pacific Railway Non-US Prime Listing 13645T100 102,604 560,617 SH   SOLE   530,893 0 29,724
Charles Schwab Common Stock 808513105 323,569 6,332,092 SH   SOLE   5,898,090 0 434,002
Coca-Cola FEMSA ADR 191241108 539 9,555 SH   SOLE   9,555 0 0
Ctrip.com International ADR 22943F100 90,223 1,894,241 SH   SOLE   1,725,044 0 169,197
Dollar Tree Common Stock 256746108 163 1,915 SH   SOLE   1,915 0 0
Electronic Arts Common Stock 285512109 85,637 607,270 SH   SOLE   574,640 0 32,630
Facebook Common Stock 30303M102 658,564 3,389,073 SH   SOLE   3,139,760 0 249,313
Fomento Economico Mexicano ADR 344419106 654 7,445 SH   SOLE   7,445 0 0
HDFC Bank ADR 40415F101 81,877 779,634 SH   SOLE   705,715 0 73,919
Intuit Common Stock 461202103 100,920 493,967 SH   SOLE   464,197 0 29,770
iShares Russell 1000 Growth Exchange Traded Fund 464287614 287 2,002 SH   SOLE   2,002 0 0
IPG Photonics Common Stock 44980X109 72,114 326,852 SH   SOLE   307,068 0 19,784
Kansas City Southern Common Stock 485170302 156 1,475 SH   SOLE   1,475 0 0
Lamar Advertising Common Stock 512816109 1,272 18,625 SH   SOLE   18,625 0 0
Marsh & McLennan Common Stock 571748102 7,429 90,630 SH   SOLE   90,184 0 446
Microsoft Common Stock 594918104 354,124 3,591,152 SH   SOLE   3,412,083 0 179,069
Momo ADR 60879B107 53 1,205 SH   SOLE   1,205 0 0
Monster Beverage Common Stock 61174X109 212,922 3,715,920 SH   SOLE   3,531,590 0 184,330
MSCI Common Stock 55354G100 129,577 783,274 SH   SOLE   744,561 0 38,713
New Oriental Education ADR 647581107 43,322 457,660 SH   SOLE   457,660 0 0
Noah Holdings ADR 65487X102 98 1,870 SH   SOLE   1,870 0 0
Norwegian Cruise Line Non-US Incorp.Common Stock G66721104 141,988 3,005,025 SH   SOLE   2,877,649 0 127,376
PagSeguro Digital Non-US Prime Listing G68707101 463 16,675 SH   SOLE   16,675 0 0
Paypal Holdings Common Stock 70450Y103 131,078 1,574,139 SH   SOLE   1,491,482 0 82,657
Raytheon Company Common Stock 755111507 29,404 152,209 SH   SOLE   151,293 0 916
Regeneron Pharmaceuticals Common Stock 75886F107 82,002 237,694 SH   SOLE   225,273 0 12,421
Royal Bank of Canada Non-US Prime Listing 780087102 2,445 24,700 SH   SOLE   24,700 0 0
Royal Caribbean Cruises Non-US Incorp.Common Stock V7780T103 241,930 2,335,234 SH   SOLE   2,133,435 0 201,799
Sirius XM Holdings Common Stock 82968B103 74,632 11,023,806 SH   SOLE   10,476,278 0 547,528
Starbucks Common Stock 855244109 70 1,430 SH   SOLE   1,430 0 0
Tencent Holdings ADR 88032Q109 334,386 6,655,201 SH   SOLE   6,303,733 0 351,468
Thermo Fisher Scientific Common Stock 883556102 158,988 767,536 SH   SOLE   732,136 0 35,400
Toronto-Dominion Bank Non-US Prime Listing 891160509 179,050 3,094,551 SH   SOLE   2,957,146 0 137,405
Visa Common Stock 92826C839 460,502 3,476,753 SH   SOLE   3,193,824 0 282,967
W.W. Grainger Common Stock 384802104 3,230 10,474 SH   SOLE   10,398 0 76
Weibo ADR 948596101 4,558 51,350 SH   SOLE   51,350 0 0
Wynn Resorts Common Stock 983134107 151 900 SH   SOLE   900 0 0
YY Inc. ADR 98426T106 3,086 30,718 SH   SOLE   30,718 0 0
Zoetis Common Stock 98978V103 270,083 3,170,347 SH   SOLE   3,010,085 0 160,262
ZTO Express ADR 98980A105 308 15,405 SH   SOLE   15,405 0 0