0000950123-21-005681.txt : 20210510 0000950123-21-005681.hdr.sgml : 20210510 20210510145852 ACCESSION NUMBER: 0000950123-21-005681 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210331 FILED AS OF DATE: 20210510 DATE AS OF CHANGE: 20210510 EFFECTIVENESS DATE: 20210510 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Cullen Capital Management, LLC CENTRAL INDEX KEY: 0001362535 IRS NUMBER: 061614949 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11905 FILM NUMBER: 21906432 BUSINESS ADDRESS: STREET 1: 645 FIFTH AVE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-644-1800 MAIL ADDRESS: STREET 1: 645 FIFTH AVE CITY: NEW YORK STATE: NY ZIP: 10022 13F-HR 1 primary_doc.xml 13F-HR LIVE 0001362535 XXXXXXXX 03-31-2021 03-31-2021 false CULLEN CAPITAL MANAGEMENT LLC

645 Fifth Ave New York NY 10022

13F HOLDINGS REPORT 028-11905 N STEVEN M MULLOOLY 212-843-0570 STEVEN M MULLOOLY NEW YORK NY 05-10-2021 0 275 9255023 false INFORMATION TABLE 2 4349.xml INFORMATION TABLE FOR FORM 13F 3M Co. COM 88579Y101 151505 786305 SH SOLE 620464 0 165841 AAR Corp. COM 000361105 1131 27150 SH SOLE 27150 0 0 ABB Ltd. (ADR) ADR 000375204 11494 377237 SH SOLE 302668 0 74569 AbbVie Inc. COM 00287Y109 381 3516 SH SOLE 3516 0 0 Acadian Timber Corp. COM 004272100 456 29250 SH SOLE 29250 0 0 AIA Group Ltd COM Y002A1105 17454 1438856 SH SOLE 1438856 0 0 Akzo Nobel NV (ADR) ADR 010199503 247 6608 SH SOLE 6608 0 0 Allianz SE COM D03080112 6376 25048 SH SOLE 25048 0 0 Allianz SE (ADR) ADR 018820100 39915 1560393 SH SOLE 1079650 0 480743 Altria Group Inc. COM 02209S103 112472 2198437 SH SOLE 1721138 0 477299 American Express Co. COM 025816109 903 6386 SH SOLE 6386 0 0 Ameris Bancorp COM 03076K108 1270 24190 SH SOLE 24190 0 0 Amgen Inc. COM 031162100 712 2860 SH SOLE 2860 0 0 Anglo American PLC COM 3662Q1053 18868 481562 SH SOLE 481562 0 0 Apple Inc. COM 037833100 689 5640 SH SOLE 5640 0 0 Applied Materials Inc. COM 038222105 658 4928 SH SOLE 4928 0 0 Arca Continental SAB de CV COM P0448R103 4803 973337 SH SOLE 973337 0 0 Archer-Daniels-Midland Co. COM 039483102 701 12307 SH SOLE 12307 0 0 Arrow Electronics Inc. COM 042735100 4189 37800 SH SOLE 37800 0 0 Ascendas India Trust COM Y0259C104 8800 7997929 SH SOLE 7997929 0 0 Ascendas Real Estate Investmen COM Y0205X103 4456 1965294 SH SOLE 1965294 0 0 ASE Technology Holding Co. Ltd ADR 00215W100 52092 6765176 SH SOLE 5407802 0 1357374 AT&T Inc. COM 00206R102 162480 5367698 SH SOLE 4199158 0 1168540 Avnet Inc. COM 053807103 557 13421 SH SOLE 13421 0 0 BAE Systems PLC COM G06940103 5036 723507 SH SOLE 723507 0 0 BAE Systems PLC (ADR) ADR 05523R107 41007 1449002 SH SOLE 1068093 0 380909 Banco Del Bajio COM P1R2ZN117 35 26250 SH SOLE 26250 0 0 Bank of America Corp. COM 060505104 211157 5457658 SH SOLE 4349209 0 1108449 Barrett Business Services Inc. COM 068463108 1012 14698 SH SOLE 14698 0 0 Bayerische Motoren Werke (BMW) ADR 072743305 227 6554 SH SOLE 6554 0 0 BCE Inc. COM 05534B760 227402 5037705 SH SOLE 3940974 0 1096731 BGSF Inc. COM 05601C105 1191 85097 SH SOLE 85097 0 0 BMW AG COM D12096109 2552 24600 SH SOLE 24600 0 0 BNP Paribas SA COM F1058Q238 10401 170953 SH SOLE 170953 0 0 BNP Paribas SA (ADR) ADR 05565A202 53513 1748741 SH SOLE 1283577 0 465164 BOEING CO/THE COM 097023105 2974 11677 SH SOLE 11677 0 0 BorgWarner Inc. COM 099724106 2949 63621 SH SOLE 63621 0 0 Bristol-Myers Squibb Co. COM 110122108 30493 483023 SH SOLE 483023 0 0 British American Tobacco PLC ( ADR 110448107 41215 1063893 SH SOLE 822485 0 241408 Britvic PLC COM G17387104 622 53842 SH SOLE 53842 0 0 Britvic PLC (ADR) ADR 111190104 17830 752340 SH SOLE 518912 0 233428 Broadcom Ltd. COM 11135F101 154466 333146 SH SOLE 265332 0 67814 Cabot Corp. COM 127055101 518 9886 SH SOLE 9886 0 0 Canacol Energy COM 134808203 29 10250 SH SOLE 10250 0 0 Canadian National Railway Co. COM 136375102 2516 21693 SH SOLE 21693 0 0 Canadian Pacific Railway Ltd. COM 13645T100 481 1268 SH SOLE 1268 0 0 Carrier Global Corporation COM 14448C104 310 7333 SH SOLE 7333 0 0 Caterpillar Inc. COM 149123101 209 900 SH SOLE 900 0 0 Chevron Corp. COM 166764100 202695 1934292 SH SOLE 1558547 0 375745 Chinares Cement COM G2113L106 12 11090 SH SOLE 11090 0 0 Chubb Ltd. COM H1467J104 185455 1173986 SH SOLE 912202 0 261784 Cie de Saint-Gobain COM FR0343100 10121 171500 SH SOLE 171500 0 0 Cie de Saint-Gobain (ADR) ADR 204280309 57684 4867870 SH SOLE 3584234 0 1283636 Cigna Corp. COM 125523100 485 2006 SH SOLE 2006 0 0 Cimarex Energy Co. COM 171798101 976 16430 SH SOLE 16430 0 0 Cisco Systems Inc. COM 17275R102 165566 3201820 SH SOLE 2523350 0 678470 Citigroup Inc. COM 172967424 158156 2173971 SH SOLE 1720329 0 453642 Coca-Cola Bottling Co. Consoli COM 191098102 228 790 SH SOLE 790 0 0 Columbia Sportswear Co. COM 198516106 892 8440 SH SOLE 8440 0 0 Comcast Corp. (Cl A) COM 20030N101 2595 47951 SH SOLE 47951 0 0 Comtech Telecommunications Cor COM 205826209 1092 43965 SH SOLE 43965 0 0 ConAgra Brands Inc COM 205887102 16252 432226 SH SOLE 432226 0 0 ConocoPhillips COM 20825C104 121527 2294260 SH SOLE 1850387 0 443873 Copa Holdings S.A. COM P31076105 881 10907 SH SOLE 10907 0 0 Corning Inc. COM 219350105 26197 602086 SH SOLE 477440 0 124646 Crane Co. COM 224399105 801 8525 SH SOLE 8525 0 0 Credicorp Ltd. COM G2519Y108 2275 16661 SH SOLE 16661 0 0 Credit Agricole COM F22797108 147 10130 SH SOLE 10130 0 0 CSX Corp. COM 126408103 566 5874 SH SOLE 5874 0 0 D/S Norden COM K19911146 201 8656 SH SOLE 8656 0 0 Danone S.A. (ADR) ADR 23636T100 717 52179 SH SOLE 52179 0 0 Denka Company Ltd. COM J1257M109 6380 159836 SH SOLE 159836 0 0 Denny's Corp. COM 24869P104 1126 62201 SH SOLE 62201 0 0 Deutsche Post AG COM D19225107 7265 132600 SH SOLE 132600 0 0 Deutsche Post AG (ADR) ADR 25157Y202 30360 553216 SH SOLE 404264 0 148952 Deutsche Telekom AG (ADR) ADR 251566105 39469 1950058 SH SOLE 1370179 0 579879 Diageo PLC (ADR) ADR 25243Q205 109579 667309 SH SOLE 513124 0 154185 Dominion Resources Inc. COM 25746U109 427 5622 SH SOLE 5622 0 0 Domtar Corp. COM 257559203 493 13355 SH SOLE 13355 0 0 Dow Inc COM 260557103 137969 2157788 SH SOLE 1802896 0 354892 Duke Energy Corp. COM 26441C204 151330 1567694 SH SOLE 1242355 0 325339 DuPont De Nemour COM 26614N102 511 6610 SH SOLE 6610 0 0 Eaton Corp. PLC COM G29183103 29473 213142 SH SOLE 213142 0 0 Eli Lilly & Co. COM 532457108 85989 460280 SH SOLE 372142 0 88138 Enel Chile SA (ADR) ADR 29278D105 3258 831053 SH SOLE 831053 0 0 Enel SPA (ADR) ADR 29265W207 49564 5006420 SH SOLE 3655631 0 1350789 Enterprise Financial Services COM 293712105 755 15279 SH SOLE 15279 0 0 Enterprise Products Partners L COM 293792107 534 24246 SH SOLE 24246 0 0 Exxon Mobil Corp. COM 30231G102 163093 2921242 SH SOLE 2250700 0 670542 Filinvest Land, Inc COM Y24916101 172 7600000 SH SOLE 7600000 0 0 First Horizon Corp COM 320517105 944 55812 SH SOLE 55812 0 0 Fluor Corp. COM 343412102 276 11950 SH SOLE 11950 0 0 General Dynamics Corp. COM 369550108 121155 667299 SH SOLE 509761 0 157538 General Electric Co. COM 369604103 766 58360 SH SOLE 58360 0 0 General Mills Inc. COM 370334104 231 3769 SH SOLE 3769 0 0 Genuine Parts Co. COM 372460105 183912 1591073 SH SOLE 1304299 0 286774 GlaxoSmithKline PLC COM G3910J112 216 12165 SH SOLE 12165 0 0 GlaxoSmithKline PLC (ADR) ADR 37733W105 7702 215793 SH SOLE 194573 0 21220 Globaltrans Investment PLC GDR COM 37949E204 6905 1035207 SH SOLE 1035207 0 0 Great Western Bancorp Inc. COM 391416104 1548 51101 SH SOLE 51101 0 0 Healthpeak Properties Inc COM 42250P103 144329 4547217 SH SOLE 3654110 0 893107 Helmerich & Payne Inc. COM 423452101 457 16955 SH SOLE 16955 0 0 HollyFrontier Corp. COM 436106108 610 17040 SH SOLE 17040 0 0 Honeywell International Inc. COM 438516106 6837 31497 SH SOLE 31497 0 0 Host Hotels & Resorts Inc. COM 44107P104 1111 65916 SH SOLE 65916 0 0 Huntsman Corp. COM 447011107 829 28751 SH SOLE 28751 0 0 Iberdola SA (ADR) ADR 450737101 45430 878584 SH SOLE 638173 0 240411 ICICI Bank Ltd. (ADR) ADR 45104G104 13671 852820 SH SOLE 852820 0 0 Indo Tambangraya Megah PT COM Y71244100 30 37750 SH SOLE 37750 0 0 Industrial Select Sector SPDR COM 81369Y704 289 2940 SH SOLE 2940 0 0 Intel Corp. COM 458140100 208774 3262101 SH SOLE 2595278 0 666823 International Business Machine COM 459200101 600 4500 SH SOLE 4500 0 0 Intesa Sanpaolo COM T55067101 233 86138 SH SOLE 86138 0 0 iShares MSCI India ETF COM 46429B598 5096 120804 SH SOLE 120804 0 0 iShares MSCI South Korea ETF COM 464286772 11305 126031 SH SOLE 126031 0 0 iShares MSCI Taiwan ETF COM 46434G772 9524 158845 SH SOLE 158845 0 0 Itau Unibanco Holding SA-Pref ADR 465562106 4394 885830 SH SOLE 885830 0 0 Johnson & Johnson COM 478160104 202109 1229748 SH SOLE 966866 0 262882 Johnson Controls International COM G51502105 225806 3784239 SH SOLE 3019807 0 764432 Jones Lang LaSalle Inc. COM 48020Q107 650 3629 SH SOLE 3629 0 0 JP Morgan Chase & Co. COM 46625H100 268038 1760745 SH SOLE 1420204 0 340541 Kaspi.kz JSC COM 48581R205 5252 73975 SH SOLE 73975 0 0 Kimberly-Clark Corp. COM 494368103 133753 961908 SH SOLE 755960 0 205948 Klabin S/A UNT N2 COM P6115V251 67 13700 SH SOLE 13700 0 0 Koninklijke Philips NV (ADR) ADR 500472303 853 14965 SH SOLE 14965 0 0 Krung Thai Bank PCL - Foreign COM Y49885208 13 34700 SH SOLE 34700 0 0 KT&G Corp. COM Y49904108 300 4150 SH SOLE 4150 0 0 KWG Group Holdings COM G53224104 7042 4116320 SH SOLE 4116320 0 0 Las Vegas Sands Corp. COM 517834107 27926 459617 SH SOLE 355208 0 104409 Lazard Ltd. COM G54050102 506 11635 SH SOLE 11635 0 0 Linde PLC COM G5494J103 280 1000 SH SOLE 1000 0 0 Link REIT COM Y5281M111 118 13000 SH SOLE 13000 0 0 Lloyds Banking Group PLC (ADR) ADR 539439109 62 26704 SH SOLE 26704 0 0 Lowe's Cos. Inc. COM 548661107 146801 771905 SH SOLE 640726 0 131179 Lukoil PJSC (ADR) ADR 69343P105 25570 316497 SH SOLE 316497 0 0 Lundin Mining Corp COM 550372106 6010 584185 SH SOLE 584185 0 0 Lundin Mining Corp. COM 550372106 5681 552134 SH SOLE 552134 0 0 Mahindra & Mahindra Reg S (GDR COM Y54164119 576 52586 SH SOLE 52586 0 0 Manulife Financial Corp. COM 56501R106 47448 2206885 SH SOLE 1686306 0 520579 Mapletree Industrial Trust COM Y5759S103 177 87000 SH SOLE 87000 0 0 MasterCraft Boat Holdings Inc. COM 57637H103 478 17960 SH SOLE 17960 0 0 Mayville Engineering Co Inc COM 578605107 933 64912 SH SOLE 64912 0 0 McDonald's Corp. COM 580135101 1573 7018 SH SOLE 7018 0 0 Medco Energi COM Y7129J136 37 936000 SH SOLE 936000 0 0 Medtronic PLC COM G5960L103 177711 1504367 SH SOLE 1203589 0 300778 Merck & Co. Inc. COM 58933Y105 157902 2048280 SH SOLE 1712308 0 335972 Michelin cie Generale de Estab ADR 59410T106 49772 1660724 SH SOLE 1213749 0 446975 Microsoft Corp. COM 594918104 83967 356138 SH SOLE 295405 0 60733 MKS Instruments Inc. COM 55306N104 823 4436 SH SOLE 4436 0 0 MMC Norilsk Nickel PJSC (ADR) ADR 55315J102 39797 1271890 SH SOLE 1102777 0 169113 Mondelez International Inc. COM 609207105 3139 53634 SH SOLE 53634 0 0 Morgan Stanley COM 617446448 230271 2965112 SH SOLE 2397626 0 567486 Muenchener Ruechversicherungs COM D55535104 4796 15574 SH SOLE 15574 0 0 Muenchener Ruechversicherungs ADR 626188106 43873 1423047 SH SOLE 996582 0 426465 Nagacorp Ltd. COM G6382M109 5558 4706691 SH SOLE 4706691 0 0 National Bank of Canada COM 633067103 1508 22160 SH SOLE 22160 0 0 Nestle SA COM H57312649 4849 43500 SH SOLE 43500 0 0 Nestle SA (ADR) ADR 641069406 43758 392412 SH SOLE 280863 0 111549 Newmont Corp COM 651639106 2920 48451 SH SOLE 48451 0 0 NextEra Energy Inc COM 65339F101 186522 2466902 SH SOLE 1897531 0 569371 Nippon Telegraph & Telephone C COM J59396101 5875 228908 SH SOLE 228908 0 0 Nippon Telegraph & Telephone C ADR 654624105 45637 1761352 SH SOLE 1338373 0 422979 NN Group NV (ADR) ADR 629334103 43900 1792558 SH SOLE 1315548 0 477010 Norfolk Southern Corp. COM 655844108 235 875 SH SOLE 875 0 0 Novartis AG COM H5820Q150 1626 19025 SH SOLE 19025 0 0 Novartis AG (ADR) ADR 66987V109 221621 2592668 SH SOLE 2065820 0 526848 OPAP SA COM X3232T104 6152 455006 SH SOLE 455006 0 0 OPAP SA (ADR) ADR 392483103 4888 718932 SH SOLE 718932 0 0 Oracle Corp. COM 68389X105 4427 63088 SH SOLE 63088 0 0 Orkla ASA (ADR) ADR 686331109 810 81806 SH SOLE 2041 0 79765 Otis Worldwide Corporation COM 68902V107 251 3665 SH SOLE 3665 0 0 Pacific Basin COM G68437139 30 110000 SH SOLE 110000 0 0 Parkway Life REIT COM Y67202104 714 235400 SH SOLE 235400 0 0 PepsiCo Inc. COM 713448108 1237 8747 SH SOLE 8747 0 0 Persimmon PLC (ADR) ADR 715318101 46680 562816 SH SOLE 411455 0 151361 Pfizer Inc. COM 717081103 166446 4594147 SH SOLE 3729147 0 865000 Philip Morris International In COM 718172109 195078 2198307 SH SOLE 1754272 0 444035 Power Assets COM Y7092Q109 67 11300 SH SOLE 11300 0 0 Power Corporation of Canda COM 739239101 2519 95841 SH SOLE 95841 0 0 PPL Corp. COM 69351T106 23558 816856 SH SOLE 816856 0 0 Premier Financial Corp COM 74052F108 414 12442 SH SOLE 12442 0 0 Prologis Property Mexico COM P4559M101 14156 6588682 SH SOLE 6588682 0 0 PT Bank Rakyat Indonesia COM Y0697U112 10020 33170885 SH SOLE 33170885 0 0 Public Service Enterprise Grou COM 744573106 1216 20200 SH SOLE 20200 0 0 Public Storage COM 74460D109 560 2270 SH SOLE 2270 0 0 Quanta Computer Inc. COM Y7174J106 11798 3431000 SH SOLE 3431000 0 0 Quanta Services Inc. COM 74762E102 744 8460 SH SOLE 8460 0 0 Rayonier Inc. COM 754907103 375 11625 SH SOLE 11625 0 0 Raytheon Technologies Corp. COM 75513E101 180038 2329984 SH SOLE 1941133 0 388851 Rio Tinto PLC (ADR) ADR 767204100 15200 195748 SH SOLE 195748 0 0 Roche Holding AG COM H69293217 2741 8480 SH SOLE 8480 0 0 Roche Holding AG (ADR) ADR 771195104 34351 846907 SH SOLE 586812 0 260095 Royal Bank of Canada COM 780087102 866 9389 SH SOLE 9389 0 0 Samsung Electronics Co. Ltd. - COM 796050201 6114 3751 SH SOLE 3751 0 0 Samsung Electronics Co. Ltd. - COM Y74718118 4661 71960 SH SOLE 71960 0 0 Samsung Electronics GDR COM 796050888 4310 2363 SH SOLE 2363 0 0 Sanofi COM F5548N101 4838 48961 SH SOLE 48961 0 0 Sanofi (ADR) ADR 80105N105 43921 888014 SH SOLE 639319 0 248695 Sany Heavy Equipment Internati COM G78163105 24 20000 SH SOLE 20000 0 0 Sats LTD COM Y7992U101 43 13400 SH SOLE 13400 0 0 Sberbank of Russia PJSC (ADR) ADR 80585Y308 12896 836875 SH SOLE 836875 0 0 Seagate Technology PLC COM G7945M107 219 2850 SH SOLE 2850 0 0 Sempra Energy COM 816851109 947 7146 SH SOLE 7146 0 0 Sensata Technologies Holding P COM G8060N102 1653 28519 SH SOLE 28519 0 0 Shinhan Financial Group Compan ADR 824596100 7478 222948 SH SOLE 222948 0 0 Siemens AG COM D69671218 7020 42754 SH SOLE 42754 0 0 Siemens AG (ADR) ADR 826197501 218730 2657840 SH SOLE 2062484 0 595356 Silicon Motion Technology Corp ADR 82706C108 6602 111160 SH SOLE 111160 0 0 Simon Property Group Inc. COM 828806109 475 4175 SH SOLE 4175 0 0 Singapore Technologies Enginee COM Y7996W103 131 45465 SH SOLE 45465 0 0 SK Telecom Co Ltd (ADR) ADR 78440P108 11808 433645 SH SOLE 433645 0 0 Skyworks Solutions Inc. COM 83088M102 563 3067 SH SOLE 3067 0 0 Smith (DS) PLC ORD 10P COM 856552203 193 34340 SH SOLE 34340 0 0 Smurfit Kappa Group PLC COM G8248F104 6055 128568 SH SOLE 128568 0 0 Smurfit Kappa Group PLC (ADR) ADR 83272W106 42907 899133 SH SOLE 653780 0 245353 Softbank Corp (ADR) ADR 83405K102 34100 2599070 SH SOLE 1856695 0 742375 Sonic Healthcare Ltd. COM Q8563C107 4987 187110 SH SOLE 187110 0 0 Sonic Healthcare Ltd. (ADR) ADR 83546A203 47535 1768416 SH SOLE 1238860 0 529556 South State Corp. COM 840441109 713 9084 SH SOLE 9084 0 0 Spirit AeroSystems Holdings In COM 848574109 1067 21930 SH SOLE 21930 0 0 Spirit of Texas Bancshares In COM 84861D103 652 29218 SH SOLE 29218 0 0 Steelcase Inc COM 858155203 435 30196 SH SOLE 30196 0 0 Stella International Holdings COM G84698102 38 30050 SH SOLE 30050 0 0 Stora Enso Oyj COM X21349117 397 21300 SH SOLE 21300 0 0 Svenska Handelsbanken AB (ADR) ADR 86959C103 40733 7543216 SH SOLE 5628826 0 1914390 Sykes Enterprises Inc. COM 871237103 633 14360 SH SOLE 14360 0 0 Taiwan Semiconductor Manufactu ADR 874039100 20764 175548 SH SOLE 175548 0 0 Target Corp. COM 87612E106 195707 988070 SH SOLE 794126 0 193944 Taylor Morrison Corp. COM 87724P106 345 11190 SH SOLE 11190 0 0 TCS Group Holdings COM 87238U203 529 9120 SH SOLE 9120 0 0 The Allstate Corp. COM 020002101 27455 238945 SH SOLE 238945 0 0 The Bank of New York Mellon Co COM 064058100 230 4874 SH SOLE 4874 0 0 The Blackstone Group Inc COM 09260D107 477 6405 SH SOLE 6405 0 0 The Chemours Co. COM 163851108 413 14795 SH SOLE 14795 0 0 The Coca-Cola Co. COM 191216100 284 5390 SH SOLE 5390 0 0 The JM Smucker Co. COM 832696405 890 7032 SH SOLE 7032 0 0 The PNC Financial Services Gro COM 693475105 2576 14685 SH SOLE 14685 0 0 The Procter & Gamble Co. COM 742718109 2447 18070 SH SOLE 18070 0 0 The Siam Commerical Bank PCL COM Y7905M113 39 11090 SH SOLE 11090 0 0 The Timken Co. COM 887389104 243 2996 SH SOLE 2996 0 0 The Travelers Companies Inc. COM 89417E109 100215 666326 SH SOLE 525883 0 140443 The Walt Disney Co. COM 254687106 5372 29112 SH SOLE 29112 0 0 Thermo Fisher Scientific Inc. COM 883556102 3464 7591 SH SOLE 7591 0 0 Tokio Marine Holdings Inc. COM J86298106 1132 23809 SH SOLE 23809 0 0 Tokio Marine Holdings Inc. (AD ADR 889094108 20693 434261 SH SOLE 346066 0 88195 Total SE (ADR) ADR 89151E109 58584 1258784 SH SOLE 985514 0 273270 Toyota Motor Corp. (ADR) ADR 892331307 57858 370744 SH SOLE 273935 0 96809 Truist Financial Corp COM 89832Q109 184016 3155276 SH SOLE 2545999 0 609277 UBS Group AG (ADR) ADR H42097107 46255 2978407 SH SOLE 2216645 0 761762 Unilever NV COM N8981F271 1079 19330 SH SOLE 19330 0 0 Unilever PLC (ADR) ADR 904767704 193206 3460618 SH SOLE 2766959 0 693659 Unimicron COM Y90668107 40 12600 SH SOLE 12600 0 0 Union Medical HealthCare Ltd. COM G9320L100 484 554670 SH SOLE 554670 0 0 Union Pacific Corp. COM 907818108 3206 14544 SH SOLE 14544 0 0 United Overseas Bank Ltd. COM V96194127 8116 422653 SH SOLE 422653 0 0 United Overseas Bank Ltd. (ADR ADR 911271302 49095 1266649 SH SOLE 934743 0 331906 United Parcel Service Inc. COM 911312106 117568 691618 SH SOLE 528941 0 162677 UPM-Kymmene Oyj COM X9518S108 4721 131433 SH SOLE 131433 0 0 UPM-Kymmene OYJ (ADR) ADR 915436208 39057 1072402 SH SOLE 776980 0 295422 US Bancorp COM 902973304 375 6773 SH SOLE 6773 0 0 Vale SA (ADR) ADR 91912E105 57303 3297093 SH SOLE 2623973 0 673120 VanEck Vectors Vietnam ETF COM 92189F817 1566 86534 SH SOLE 86534 0 0 Verizon Communications Inc. COM 92343V104 32867 565207 SH SOLE 565207 0 0 Volkswagen AG COM 344849104 312 861 SH SOLE 861 0 0 Walgreens Boots Alliance Inc. COM 931427108 135193 2462539 SH SOLE 1932293 0 530246 Wal-Mart Stores Inc. COM 931142103 2271 16718 SH SOLE 16718 0 0 Wells Fargo & Co. COM 949746101 942 24112 SH SOLE 24112 0 0 Welltower Inc. COM 95040Q104 149196 2082867 SH SOLE 1663815 0 419052 Weyerhaeuser Co. COM 962166104 566 15911 SH SOLE 15911 0 0 WP Carey Inc. COM 92936U109 487 6885 SH SOLE 6885 0 0 Xinyi Solar Holdings Ltd. COM G9829N102 30 18000 SH SOLE 18000 0 0 Yageo COM Y9723R100 370 19080 SH SOLE 19080 0 0 Zijin Mining Group Co. Ltd. COM Y9892H107 5068 4121211 SH SOLE 4121211 0 0 Zurich Insurance Group AG COM H9870Y105 5377 12596 SH SOLE 12596 0 0 Zurich Insurance Group AG (ADR ADR 989825104 53011 1234834 SH SOLE 906067 0 328767