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
Bank of America Corp Common Stock 060505104 10,543 676,700 SH   SOLE None 676,700 0 0
Bank of New York Mellon Corp/The Common Stock 064058100 47,630 1,216,600 SH   SOLE None 1,216,600 0 0
BofI Holding Inc Common Stock 05566U108 721 5,600 SH   SOLE None 5,600 0 0
Burlington Stores Inc Common Stock 122017106 13,954 273,400 SH   SOLE None 273,400 0 0
Caesarstone Sdot-Yam Ltd Common Stock M20598104 274 9,000 SH   SOLE None 9,000 0 0
Capital One Financial Corp Common Stock 14040H105 47,986 661,700 SH   SOLE None 661,700 0 0
Check Point Software Technologies Ltd Common Stock M22465104 436 5,500 SH   SOLE None 5,500 0 0
CME Group Inc/IL Common Stock 12572Q105 9,701 104,600 SH   SOLE None 104,600 0 0
Costco Wholesale Corp Common Stock 22160K105 22,697 157,000 SH   SOLE None 157,000 0 0
Dr Reddy's Laboratories Ltd ADR 256135203 256 4,000 SH   SOLE None 4,000 0 0
Golden Star Resources Ltd Common Stock 38119T104 19 96,400 SH   SOLE None 96,400 0 0
Goldman Sachs Group Inc/The Common Stock 38141G104 43,666 251,300 SH   SOLE None 251,300 0 0
Google Inc Common Stock 38259P508 16,917 26,500 SH   SOLE None 26,500 0 0
HDFC Bank Ltd ADR 40415F101 507 8,300 SH   SOLE None 8,300 0 0
ICICI Bank Ltd ADR 45104G104 535 63,900 SH   SOLE None 63,900 0 0
Infosys Ltd ADR 456788108 359 18,800 SH   SOLE None 18,800 0 0
NetEase Inc ADR 64110W102 348 2,900 SH   SOLE None 2,900 0 0
NICE-Systems Ltd ADR 653656108 197 3,500 SH   SOLE None 3,500 0 0
NXP Semiconductors NV Common Stock N6596X109 174 2,000 SH   SOLE None 2,000 0 0
PayPal Holdings Inc Common Stock 70450Y103 12,438 400,700 SH   SOLE None 400,700 0 0
Taiwan Semiconductor Manufacturing Co Ltd ADR 874039100 212 10,200 SH   SOLE None 10,200 0 0
Teva Pharmaceutical Industries Ltd ADR 881624209 226 4,000 SH   SOLE None 4,000 0 0
TJX Cos Inc/The Common Stock 872540109 37,653 527,200 SH   SOLE None 527,200 0 0
Tuniu Corp ADR 89977P106 3,688 310,700 SH   SOLE None 310,700 0 0
US Bancorp Common Stock 902973304 29,999 731,500 SH   SOLE None 731,500 0 0
Vale SA ADR 91912E105 10,500 2,500,000 SH   SOLE None 2,500,000 0 0
Vipshop Holdings Ltd ADR 92763W103 26,425 1,572,900 SH   SOLE None 1,572,900 0 0
Wells Fargo & Co Common Stock 949746101 54,739 1,066,000 SH   SOLE None 1,066,000 0 0
Zions Bancorporation Common Stock 989701107 551 20,000 SH   SOLE None 20,000 0 0