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
ALTERA CORP COM 021441100 81,143 2,267,824 SH   DFND 1,601,950 0 665,874
ALTERA CORP COM 021441100 118,297 3,306,219 SH   DFND 1 2,437,104 0 869,115
AMBEV SA SPONSORED ADR 02319V103 113,830 17,378,628 SH   DFND 1 12,791,553 0 4,587,075
AMBEV SA SPONSORED ADR 02319V103 77,719 11,865,550 SH   DFND 8,367,950 0 3,497,600
ANALOG DEVICES INC COM 032654105 131,779 2,662,739 SH   DFND 1,878,279 0 784,460
ANALOG DEVICES INC COM 032654105 192,706 3,893,834 SH   DFND 1 2,871,374 0 1,022,460
BAIDU INC SPON ADR REP A 056752108 203,164 930,963 SH   DFND 657,063 0 273,900
BAIDU INC SPON ADR REP A 056752108 295,571 1,354,403 SH   DFND 1 996,853 0 357,550
BITAUTO HLDGS LTD SPONSORED ADS 091727107 26,426 338,790 SH   DFND 234,584 0 104,206
BITAUTO HLDGS LTD SPONSORED ADS 091727107 45,660 585,379 SH   DFND 1 382,555 0 202,824
BLOCK H & R INC COM 093671105 43,452 1,401,212 SH   DFND 1 1,028,758 0 372,454
BLOCK H & R INC COM 093671105 29,754 959,497 SH   DFND 677,018 0 282,479
BRINKS CO COM 109696104 30,101 1,252,111 SH   DFND 883,203 0 368,908
BRINKS CO COM 109696104 44,104 1,834,598 SH   DFND 1 1,351,543 0 483,055
COCA COLA CO COM 191216100 55,793 1,307,864 SH   DFND 922,822 0 385,042
COCA COLA CO COM 191216100 81,947 1,920,944 SH   DFND 1 1,414,100 0 506,844
CREDIT ACCEP CORP MICH COM 225310101 23,343 185,160 SH   DFND 130,995 0 54,165
CREDIT ACCEP CORP MICH COM 225310101 33,870 268,660 SH   DFND 1 197,775 0 70,885
ECOLAB INC COM 278865100 117,581 1,023,953 SH   DFND 722,578 0 301,375
ECOLAB INC COM 278865100 171,096 1,489,992 SH   DFND 1 1,098,268 0 391,724
FIDELITY NATL INFORMATION SV COM 31620M106 189,831 3,371,776 SH   DFND 2,378,647 0 993,129
FIDELITY NATL INFORMATION SV COM 31620M106 277,786 4,934,036 SH   DFND 1 3,635,042 0 1,298,994
GOOGLE INC CL A 38259P508 122,250 207,763 SH   DFND 146,649 0 61,114
GOOGLE INC CL A 38259P508 179,020 304,243 SH   DFND 1 224,016 0 80,227
GOOGLE INC CL C 38259P706 137,864 238,783 SH   DFND 1 175,956 0 62,827
GOOGLE INC CL C 38259P706 94,435 163,563 SH   DFND 115,149 0 48,414
GRAINGER W W INC COM 384802104 102,795 408,484 SH   DFND 287,970 0 120,514
GRAINGER W W INC COM 384802104 150,718 598,920 SH   DFND 1 440,500 0 158,420
HARLEY DAVIDSON INC COM 412822108 216,058 3,712,342 SH   DFND 1 2,731,610 0 980,732
HARLEY DAVIDSON INC COM 412822108 147,628 2,536,571 SH   DFND 1,790,120 0 746,451
MSC INDL DIRECT INC CL A 553530106 48,526 567,825 SH   DFND 1 417,827 0 149,998
MSC INDL DIRECT INC CL A 553530106 33,187 388,339 SH   DFND 273,845 0 114,494
SENSATA TECHNOLOGIES HLDG NV SHS N7902X106 49,206 1,105,000 SH   DFND 779,700 0 325,300
SENSATA TECHNOLOGIES HLDG NV SHS N7902X106 71,956 1,615,900 SH   DFND 1 1,191,900 0 424,000
SIRONA DENTAL SYSTEMS INC COM 82966C103 112,645 1,469,032 SH   DFND 1 1,082,223 0 386,809
SIRONA DENTAL SYSTEMS INC COM 82966C103 76,877 1,002,568 SH   DFND 707,832 0 294,736
SOLERA HOLDINGS INC COM 83421A104 109,453 1,942,026 SH   DFND 1 1,429,369 0 512,657
SOLERA HOLDINGS INC COM 83421A104 74,891 1,328,799 SH   DFND 937,636 0 391,163
VISTAPRINT N V SHS N93540107 4,347 79,332 SH   DFND 1 58,623 0 20,709
VISTAPRINT N V SHS N93540107 2,968 54,175 SH   DFND 38,234 0 15,941
WILLIS GROUP HOLDINGS PUBLIC SHS G96666105 124,307 3,002,588 SH   DFND 2,119,356 0 883,232
WILLIS GROUP HOLDINGS PUBLIC SHS G96666105 181,687 4,388,582 SH   DFND 1 3,227,982 0 1,160,600