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
3M CO COM 88579Y101 485 2,515 SH   DFND 2 2,515 0 0
ABBOTT LABS COM 002824100 319 2,659 SH   DFND 2 2,659 0 0
ABBVIE INC COM 00287Y109 1,177 10,879 SH   DFND 2 10,879 0 0
ABIOMED INC COM 003654100 3,424 10,743 SH   DFND 2 10,743 0 0
ADOBE SYSTEMS INCORPORATED COM 00724F101 1,244 2,616 SH   DFND 2 2,616 0 0
ADVANCED MICRO DEVICES INC COM 007903107 230 2,927 SH   DFND 2 2,927 0 0
AFFIRM HLDGS INC COM CL A 00827B106 2,441 34,512 SH   DFND 2 34,512 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 209 1,646 SH   DFND 2 1,646 0 0
AIR PRODS & CHEMS INC COM 009158106 257 914 SH   DFND 2 914 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 25,055 110,505 SH   DFND 2 110,505 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 1,366 6,023 SH   DFND _ 6,023 0 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 650 5,800 SH   DFND 2 5,800 0 0
ALLY FINL INC COM 02005N100 782 17,303 SH   DFND 2 17,303 0 0
ALPHABET INC CAP STK CL C 02079K107 2,437 1,178 SH   DFND 2 1,178 0 0
ALPHABET INC CAP STK CL A 02079K305 9,805 4,754 SH   DFND 2 4,754 0 0
AMAZON COM INC COM 023135106 12,673 4,096 SH   DFND 2 4,096 0 0
AMGEN INC COM 031162100 606 2,434 SH   DFND 2 2,434 0 0
ANTERO RESOURCES CORP COM 03674X106 453 44,400 SH   DFND 2 44,400 0 0
ANTHEM INC COM 036752103 931 2,594 SH   DFND 2 2,594 0 0
APPLE INC COM 037833100 6,763 55,365 SH   DFND 2 55,365 0 0
APPLIED MATLS INC COM 038222105 694 5,195 SH   DFND 2 5,195 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 1,831 32,116 SH   DFND 2 32,116 0 0
ARROW ELECTRS INC COM 042735100 457 4,121 SH   DFND 2 4,121 0 0
AT&T INC COM 00206R102 297 9,826 SH   DFND 2 9,826 0 0
AUTODESK INC COM 052769106 292 1,055 SH   DFND 2 1,055 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 10,643 56,471 SH   DFND 2 56,471 0 0
AUTONATION INC COM 05329W102 457 4,900 SH   DFND 2 4,900 0 0
BAIDU INC SPON ADR REP A 056752108 27,616 126,940 SH   DFND 2 126,940 0 0
BAIDU INC SPON ADR REP A 056752108 3,336 15,335 SH   DFND _ 15,335 0 0
BAOZUN INC SPONSORED ADR 06684L103 4,902 128,537 SH   DFND 2 128,537 0 0
BAXTER INTL INC COM 071813109 4,438 52,621 SH   DFND 2 52,621 0 0
BED BATH & BEYOND INC COM 075896100 364 12,500 SH   DFND 2 12,500 0 0
BLACKROCK INC COM 09247X101 278 369 SH   DFND 2 369 0 0
BLOCK H & R INC COM 093671105 453 20,800 SH   DFND 2 20,800 0 0
BOOKING HOLDINGS INC COM 09857L108 389 167 SH   DFND 2 167 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 774 12,259 SH   DFND 2 12,259 0 0
BROADCOM INC COM 11135F101 254 547 SH   DFND 2 547 0 0
CAPITAL ONE FINL CORP COM 14040H105 1,601 12,583 SH   DFND 2 12,583 0 0
CARRIER GLOBAL CORPORATION COM 14448C104 228 5,401 SH   DFND 2 5,401 0 0
CHEGG INC COM 163092109 8,686 101,404 SH   DFND 2 101,404 0 0
CISCO SYS INC COM 17275R102 1,168 22,581 SH   DFND 2 22,581 0 0
CITIZENS FINANCIAL GROUP INC COM 174610105 706 15,988 SH   DFND 2 15,988 0 0
COCA COLA CO COM 191216100 882 16,732 SH   DFND 2 16,732 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 618 7,917 SH   DFND 2 7,917 0 0
COLGATE PALMOLIVE CO COM 194162103 8,219 104,258 SH   DFND 2 104,258 0 0
COSTCO WHSL CORP NEW COM 22160K105 667 1,891 SH   DFND 2 1,891 0 0
CUMMINS INC COM 231021106 262 1,010 SH   DFND 2 1,010 0 0
CVS HEALTH CORP COM 126650100 266 3,535 SH   DFND 2 3,535 0 0
DANAHER CORPORATION COM 235851102 5,743 25,514 SH   DFND 2 25,514 0 0
DEERE & CO COM 244199105 10,275 27,464 SH   DFND 2 27,464 0 0
DELL TECHNOLOGIES INC CL C 24703L202 681 7,724 SH   DFND 2 7,724 0 0
DENALI THERAPEUTICS INC COM 24823R105 3,105 54,375 SH   DFND 2 54,375 0 0
DEVON ENERGY CORP NEW COM 25179M103 420 19,200 SH   DFND 2 19,200 0 0
DISNEY WALT CO COM 254687106 200 1,086 SH   DFND 2 1,086 0 0
DOLLAR GEN CORP NEW COM 256677105 224 1,105 SH   DFND 2 1,105 0 0
DOW INC COM 260557103 694 10,860 SH   DFND 2 10,860 0 0
DROPBOX INC CL A 26210C104 434 16,287 SH   DFND 2 16,287 0 0
ECOLAB INC COM 278865100 4,944 23,095 SH   DFND 2 23,095 0 0
ELECTRONIC ARTS INC COM 285512109 847 6,257 SH   DFND 2 6,257 0 0
EMERSON ELEC CO COM 291011104 248 2,744 SH   DFND 2 2,744 0 0
EXACT SCIENCES CORP COM 30063P105 3,648 27,680 SH   DFND 2 27,680 0 0
EXELON CORP COM 30161N101 703 16,066 SH   DFND 2 16,066 0 0
EXP WORLD HLDGS INC COM 30212W100 378 8,300 SH   DFND 2 8,300 0 0
FACEBOOK INC CL A 30303M102 3,121 10,595 SH   DFND 2 10,595 0 0
FASTENAL CO COM 311900104 2,820 56,092 SH   DFND 2 56,092 0 0
FEDEX CORP COM 31428X106 752 2,648 SH   DFND 2 2,648 0 0
FIDELITY NATIONAL FINANCIAL FNF GROUP COM 31620R303 1,173 28,838 SH   DFND 2 28,838 0 0
FIRST REP BK SAN FRANCISCO C COM 33616C100 5,702 34,197 SH   DFND 2 34,197 0 0
FORD MTR CO DEL COM 345370860 1,298 105,983 SH   DFND 2 105,983 0 0
FORTIVE CORP COM 34959J108 1,356 19,200 SH   DFND 2 19,200 0 0
GENERAL DYNAMICS CORP COM 369550108 219 1,207 SH   DFND 2 1,207 0 0
GILEAD SCIENCES INC COM 375558103 814 12,596 SH   DFND 2 12,596 0 0
GLAUKOS CORP COM 377322102 1,333 15,887 SH   DFND 2 15,887 0 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109 724 45,971 SH   DFND 2 45,971 0 0
HOME DEPOT INC COM 437076102 9,263 30,346 SH   DFND 2 30,346 0 0
HONEYWELL INTL INC COM 438516106 442 2,038 SH   DFND 2 2,038 0 0
HUAZHU GROUP LTD SPONSORED ADS 44332N106 8,966 163,321 SH   DFND 2 163,321 0 0
HUTCHISON CHINA MEDITECH LTD SPONSORED ADR 44842L103 12,349 437,118 SH   DFND 2 437,118 0 0
IAC INTERACTIVECORP NEW COM 44891N109 414 1,916 SH   DFND 2 1,916 0 0
ILLINOIS TOOL WKS INC COM 452308109 273 1,231 SH   DFND 2 1,231 0 0
ILLUMINA INC COM 452327109 5,431 14,141 SH   DFND 2 14,141 0 0
INCYTE CORP COM 45337C102 872 10,732 SH   DFND 2 10,732 0 0
INTEL CORP COM 458140100 2,508 39,190 SH   DFND 2 39,190 0 0
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107 926 12,682 SH   DFND 2 12,682 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 1,266 9,497 SH   DFND 2 9,497 0 0
INTUIT COM 461202103 409 1,068 SH   DFND 2 1,068 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 292 395 SH   DFND 2 395 0 0
IROBOT CORP COM 462726100 2,569 21,030 SH   DFND 2 21,030 0 0
ISHARES INC MSCI HONG KG ETF 464286871 18,611 700,187 SH   DFND _ 700,187 0 0
ISHARES TR CORE S&P500 ETF 464287200 6,870 17,269 SH   DFND _ 17,269 0 0
ISHARES TR MSCI AC ASIA ETF 464288182 11,818 127,545 SH   DFND _ 127,545 0 0
ISHARES TR MSCI INDIA ETF 46429B598 1,518 36,000 SH   DFND 1 36,000 0 0
ISHARES TR MSCI INDIA ETF 46429B598 1,343 31,835 SH   DFND _ 31,835 0 0
JD.COM INC SPON ADR CL A 47215P106 2,876 34,100 SH   DFND _ 34,100 0 0
JOHNSON & JOHNSON COM 478160104 2,473 15,049 SH   DFND 2 15,049 0 0
KIMBERLY-CLARK CORP COM 494368103 258 1,853 SH   DFND 2 1,853 0 0
KINGSOFT CLOUD HLDGS LTD ADS 49639K101 283 7,200 SH   DFND _ 7,200 0 0
KLA CORP COM NEW 482480100 246 744 SH   DFND 2 744 0 0
KROGER CO COM 501044101 514 14,285 SH   DFND 2 14,285 0 0
L BRANDS INC COM 501797104 402 6,500 SH   DFND 2 6,500 0 0
LAM RESEARCH CORP COM 512807108 508 853 SH   DFND 2 853 0 0
LAUDER ESTEE COS INC CL A 518439104 320 1,099 SH   DFND 2 1,099 0 0
LENDINGTREE INC NEW COM 52603B107 2,333 10,954 SH   DFND 2 10,954 0 0
LOUISIANA PAC CORP COM 546347105 444 8,000 SH   DFND 2 8,000 0 0
LOWES COS INC COM 548661107 346 1,820 SH   DFND 2 1,820 0 0
LYFT INC CL A COM 55087P104 1,355 21,454 SH   DFND 2 21,454 0 0
MARATHON PETE CORP COM 56585A102 442 8,263 SH   DFND 2 8,263 0 0
MARKEL CORP COM 570535104 865 759 SH   DFND 2 759 0 0
MARKETAXESS HLDGS INC COM 57060D108 9,039 18,154 SH   DFND 2 18,154 0 0
MASTERCARD INCORPORATED CL A 57636Q104 4,260 11,965 SH   DFND 2 11,965 0 0
MAXAR TECHNOLOGIES INC COM 57778K105 412 10,900 SH   DFND 2 10,900 0 0
MCDONALDS CORP COM 580135101 283 1,262 SH   DFND 2 1,262 0 0
MERCADOLIBRE INC COM 58733R102 3,034 2,061 SH   DFND 2 2,061 0 0
MERCK & CO. INC COM 58933Y105 10,424 135,223 SH   DFND 2 135,223 0 0
MICRON TECHNOLOGY INC COM 595112103 219 2,482 SH   DFND 2 2,482 0 0
MICROSOFT CORP COM 594918104 21,332 90,478 SH   DFND 2 90,478 0 0
MONSTER BEVERAGE CORP NEW COM 61174X109 205 2,255 SH   DFND 2 2,255 0 0
MORGAN STANLEY COM NEW 617446448 1,897 24,428 SH   DFND 2 24,428 0 0
NETFLIX INC COM 64110L106 7,309 14,012 SH   DFND 2 14,012 0 0
NEW ORIENTAL ED & TECHNOLOGY SPON ADR 647581107 13,872 990,870 SH   DFND 2 990,870 0 0
NEW ORIENTAL ED & TECHNOLOGY SPON ADR 647581107 1,251 89,370 SH   DFND _ 89,370 0 0
NEWS CORP NEW CL A 65249B109 422 16,609 SH   DFND 2 16,609 0 0
NIKE INC CL B 654106103 793 5,967 SH   DFND 2 5,967 0 0
NORTHERN TR CORP COM 665859104 8,779 83,521 SH   DFND 2 83,521 0 0
NVIDIA CORPORATION COM 67066G104 6,395 11,978 SH   DFND 2 11,978 0 0
PACCAR INC COM 693718108 710 7,638 SH   DFND 2 7,638 0 0
PACIRA BIOSCIENCES INC COM 695127100 4,265 60,845 SH   DFND 2 60,845 0 0
PALO ALTO NETWORKS INC COM 697435105 904 2,807 SH   DFND 2 2,807 0 0
PAYPAL HLDGS INC COM 70450Y103 1,401 5,771 SH   DFND 2 5,771 0 0
PEPSICO INC COM 713448108 791 5,593 SH   DFND 2 5,593 0 0
PFIZER INC COM 717081103 2,033 56,125 SH   DFND 2 56,125 0 0
PINDUODUO INC SPONSORED ADS 722304102 59,337 443,210 SH   DFND 1 443,210 0 0
PINDUODUO INC SPONSORED ADS 722304102 12,462 93,083 SH   DFND 2 93,083 0 0
PINDUODUO INC SPONSORED ADS 722304102 241 1,800 SH   DFND _ 1,800 0 0
PRICE T ROWE GROUP INC COM 74144T108 210 1,225 SH   DFND 2 1,225 0 0
PROCTER AND GAMBLE CO COM 742718109 1,250 9,231 SH   DFND 2 9,231 0 0
PROGRESSIVE CORP COM 743315103 8,100 84,720 SH   DFND 2 84,720 0 0
PROLOGIS INC. COM 74340W103 5,487 51,765 SH   DFND 2 51,765 0 0
QUALCOMM INC COM 747525103 374 2,823 SH   DFND 2 2,823 0 0
QUANTA SVCS INC COM 74762E102 449 5,100 SH   DFND 2 5,100 0 0
QURATE RETAIL INC COM SER A 74915M100 607 51,600 SH   DFND 2 51,600 0 0
REDFIN CORP COM 75737F108 5,274 79,194 SH   DFND 2 79,194 0 0
REGENERON PHARMACEUTICALS COM 75886F107 718 1,518 SH   DFND 2 1,518 0 0
SALESFORCE COM INC COM 79466L302 456 2,154 SH   DFND 2 2,154 0 0
SERVICENOW INC COM 81762P102 292 584 SH   DFND 2 584 0 0
SHERWIN WILLIAMS CO COM 824348106 288 390 SH   DFND 2 390 0 0
SHOPIFY INC CL A 82509L107 13,015 11,762 SH   DFND 2 11,762 0 0
SONOS INC COM 83570H108 363 9,700 SH   DFND 2 9,700 0 0
SQUARE INC CL A 852234103 290 1,278 SH   DFND 2 1,278 0 0
STAAR SURGICAL CO COM PAR $0.01 852312305 5,181 49,149 SH   DFND 2 49,149 0 0
STARBUCKS CORP COM 855244109 11,343 103,805 SH   DFND 2 103,805 0 0
TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 533 3,016 SH   DFND 2 3,016 0 0
TAL EDUCATION GROUP SPONSORED ADS 874080104 33,507 622,221 SH   DFND 1 622,221 0 0
TAL EDUCATION GROUP SPONSORED ADS 874080104 8,810 163,605 SH   DFND 2 163,605 0 0
TAL EDUCATION GROUP SPONSORED ADS 874080104 188 3,500 SH   DFND _ 3,500 0 0
TARGET CORP COM 87612E106 413 2,083 SH   DFND 2 2,083 0 0
TENCENT MUSIC ENTMT GROUP SPON ADS 88034P109 25,152 1,227,548 SH   DFND 1 1,227,548 0 0
TENCENT MUSIC ENTMT GROUP SPON ADS 88034P109 6,657 324,881 SH   DFND 2 324,881 0 0
TESLA INC COM 88160R101 10,834 16,220 SH   DFND 2 16,220 0 0
TEXAS INSTRS INC COM 882508104 9,420 49,843 SH   DFND 2 49,843 0 0
THE TRADE DESK INC COM CL A 88339J105 4,637 7,116 SH   DFND 2 7,116 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 1,384 3,032 SH   DFND 2 3,032 0 0
TWILIO INC CL A 90138F102 4,952 14,533 SH   DFND 2 14,533 0 0
UNION PAC CORP COM 907818108 410 1,861 SH   DFND 2 1,861 0 0
UNITED MICROELECTRONICS CORP SPON ADR NEW 910873405 559 61,405 SH   DFND 2 61,405 0 0
UNITED PARCEL SERVICE INC CL B 911312106 1,341 7,890 SH   DFND 2 7,890 0 0
UNITEDHEALTH GROUP INC COM 91324P102 1,739 4,674 SH   DFND 2 4,674 0 0
UPWORK INC COM 91688F104 5,521 123,320 SH   DFND 2 123,320 0 0
VEDANTA LIMITED SPONSORED ADR 92242Y100 341 27,158 SH   DFND 2 27,158 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 536 9,210 SH   DFND 2 9,210 0 0
VIPSHOP HOLDINGS LIMITED SPONSORED ADS A 92763W103 10,559 353,618 SH   DFND 2 353,618 0 0
VISA INC COM CL A 92826C839 11,107 52,460 SH   DFND 2 52,460 0 0
VISTRA CORP COM 92840M102 462 26,145 SH   DFND 2 26,145 0 0
WALMART INC COM 931142103 723 5,325 SH   DFND 2 5,325 0 0
WATERS CORP COM 941848103 1,957 6,888 SH   DFND 2 6,888 0 0
WATSCO INC COM 942622200 3,033 11,630 SH   DFND 2 11,630 0 0
WAYFAIR INC CL A 94419L101 6,756 21,465 SH   DFND 2 21,465 0 0
WORKDAY INC CL A 98138H101 5,548 22,334 SH   DFND 2 22,334 0 0
YEXT INC COM 98585N106 648 44,751 SH   DFND 2 44,751 0 0
ZOETIS INC CL A 98978V103 328 2,085 SH   DFND 2 2,085 0 0
ZOOM VIDEO COMMUNICATIONS IN CL A 98980L101 5,033 15,666 SH   DFND 2 15,666 0 0