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
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 26,958 331,500 SH   SOLE None 331,500 0 0
ADECOAGRO S A COM L00849106 637 72,400 SH   SOLE None 72,400 0 0
BANCO MACRO SA SPON ADR B 05961W105 384 9,700 SH   SOLE None 9,700 0 0
HALLIBURTON CO COM 406216101 18,908 293,100 SH   SOLE None 293,100 0 0
NEW ORIENTAL ED & TECH GRP I SPON ADR 647581107 636 27,400 SH   SOLE None 27,400 0 0
QIWI PLC SPON ADR REP B 74735M108 221 7,000 SH   SOLE None 7,000 0 0
SNAP ON INC COM 833034101 10,316 85,200 SH   SOLE None 85,200 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 498 24,700 SH   SOLE None 24,700 0 0
WESTERN DIGITAL CORP COM 958102105 2,569 26,400 SH   SOLE None 26,400 0 0
WUXI PHARMATECH CAYMAN INC SPONS ADR SHS 929352102 4,202 120,000 SH   SOLE None 120,000 0 0
YANDEX N V SHS CLASS A N97284108 4,208 151,400 SH   SOLE None 151,400 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 418 11,300 SH   SOLE None 11,300 0 0