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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Marine Harvest ASA Sponsored ADR 56824R205 472,453 41,370,699 SH   SOLE   41,370,699 0 0
Statoil ASA Sponsored ADR 85771P102 2,033,047 113,578,075 SH   SOLE   113,578,075 0 0
Royal Caribbean Cruises Ltd. Common Stock V7780T103 418,206 5,314,599 SH   SOLE   5,314,599 0 0
Seadrill Ltd. Comunit Rep LB G7945E105 140,063 13,545,772 SH   SOLE   13,545,772 0 0
Autoliv Inc. Common Stock 052800109 43,615 373,575 SH   SOLE   373,575 0 0
Nokia Corp Sponsored ADR 654902204 80,916 11,812,542 SH   SOLE   11,812,542 0 0
Novo-Nordisk A S ADR 670100205 366,023 6,684,133 SH   SOLE   6,684,133 0 0
Ericsson ADR B SEK 10 294821608 85,171 8,158,198 SH   SOLE   8,158,198 0 0
ABB Ltd. Sponsored ADR 000375204 74,912 3,587,725 SH   SOLE   3,587,725 0 0
Golden Ocean Group Ltd. Shares G39637106 11,372 2,953,909 SH   SOLE   2,953,909 0 0