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
AMAZON COM INC COM 023135106 1,366 4,400 SH   DFND 2 4,400 0 0
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 9,704 437,500 SH   DFND 1 437,500 0 0
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 19,811 893,200 SH   DFND 2 0 0 893,200
BAIDU INC SPON ADR REP A 056752108 167,779 735,969 SH   DFND 1 600,040 0 135,929
BAIDU INC SPON ADR REP A 056752108 147,315 646,203 SH   DFND 2 476,003 0 170,200
BECTON DICKINSON & CO COM 075887109 2,227 16,000 SH   DFND 1 0 0 16,000
BECTON DICKINSON & CO COM 075887109 12,065 86,700 SH   DFND 2 86,700 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 1,446 16,000 SH   DFND 2 16,000 0 0
CARMAX INC COM 143130102 466 7,000 SH   DFND 1 0 0 7,000
CAVIUM INC COM 14964U108 35,310 571,176 SH   DFND 1 441,019 0 130,157
CAVIUM INC COM 14964U108 12,399 200,560 SH   DFND 2 110,518 0 90,042
CINEMARK HOLDINGS INC COM 17243V102 15,833 445,000 SH   DFND 2 282,500 0 162,500
CINEMARK HOLDINGS INC COM 17243V102 39,466 1,109,230 SH   DFND 1 824,430 0 284,800
COMCAST CORP NEW CL A 20030N101 89,341 1,540,102 SH   DFND 1 1,172,009 0 368,093
COMCAST CORP NEW CL A 20030N101 30,433 524,624 SH   DFND 2 282,520 0 242,104
CORE LABORATORIES N V COM N22717107 35,728 296,890 SH   DFND 1 260,240 0 36,650
CORE LABORATORIES N V COM N22717107 37,630 312,696 SH   DFND 2 306,796 0 5,900
COSTCO WHSL CORP NEW COM 22160K105 1,843 13,000 SH   DFND 1 0 0 13,000
COSTCO WHSL CORP NEW COM 22160K105 2,552 18,000 SH   DFND 2 18,000 0 0
CRITEO S A SPONS ADS 226718104 2,175 53,820 SH   DFND 2 53,820 0 0
ECOLAB INC COM 278865100 7,818 74,800 SH   DFND 2 74,800 0 0
ECOLAB INC COM 278865100 4,453 42,600 SH   DFND 1 29,600 0 13,000
EMBRAER S A SP ADR REP 4 COM 29082A107 995 27,000 SH   DFND 1 0 0 27,000
EMBRAER S A SP ADR REP 4 COM 29082A107 2,083 56,500 SH   DFND 2 56,500 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 118,033 1,340,830 SH   DFND 1 1,171,690 0 169,140
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 121,268 1,377,580 SH   DFND 2 1,116,100 0 261,480
GOOGLE INC CL A 38259P508 32,843 61,891 SH   DFND 1 45,995 0 15,896
GOOGLE INC CL A 38259P508 12,405 23,377 SH   DFND 2 13,850 0 9,527
GOOGLE INC CL C 38259P706 8,124 15,434 SH   DFND 2 0 0 15,434
GOOGLE INC CL C 38259P706 23,575 44,786 SH   DFND 1 0 0 44,786
HUNT J B TRANS SVCS INC COM 445658107 1,180 14,000 SH   DFND 2 14,000 0 0
INFOSYS LTD SPONSORED ADR 456788108 281,522 8,948,562 SH   DFND 2 6,659,982 0 2,288,580
INFOSYS LTD SPONSORED ADR 456788108 338,631 10,763,872 SH   DFND 1 8,778,440 0 1,985,432
INTUIT COM 461202103 1,198 13,000 SH   DFND 1 0 0 13,000
JOHNSON & JOHNSON COM 478160104 64,646 618,210 SH   DFND 1 480,310 0 137,900
JOHNSON & JOHNSON COM 478160104 24,316 232,530 SH   DFND 2 129,630 0 102,900
KANSAS CITY SOUTHERN COM NEW 485170302 1,952 16,000 SH   DFND 2 16,000 0 0
LKQ CORP COM 501889208 1,968 70,000 SH   DFND 1 0 0 70,000
MEDTRONIC INC COM 585055106 28,304 392,020 SH   DFND 2 207,850 0 184,170
MEDTRONIC INC COM 585055106 79,107 1,095,660 SH   DFND 1 821,160 0 274,500
MICROCHIP TECHNOLOGY INC COM 595017104 1,444 32,000 SH   DFND 1 0 0 32,000
MICROCHIP TECHNOLOGY INC COM 595017104 1,083 24,000 SH   DFND 2 24,000 0 0
MICROSOFT CORP COM 594918104 73,198 1,575,855 SH   DFND 1 1,205,359 0 370,496
MICROSOFT CORP COM 594918104 27,162 584,753 SH   DFND 2 315,595 0 269,158
MSC INDL DIRECT INC CL A 553530106 1,056 13,000 SH   DFND 1 0 0 13,000
MSC INDL DIRECT INC CL A 553530106 731 9,000 SH   DFND 2 9,000 0 0
NATIONAL OILWELL VARCO INC COM 637071101 1,311 20,000 SH   DFND 2 20,000 0 0
NETEASE INC SPONSORED ADR 64110W102 212,679 2,145,243 SH   DFND 1 1,770,541 0 374,702
NETEASE INC SPONSORED ADR 64110W102 209,825 2,116,452 SH   DFND 2 1,587,417 0 529,035
NIELSEN N V COM N63218106 1,163 26,000 SH   DFND 2 26,000 0 0
OMNICOM GROUP INC COM 681919106 11,218 144,800 SH   DFND 2 144,800 0 0
ORACLE CORP COM 68389X105 19,713 438,352 SH   DFND 2 227,758 0 210,594
ORACLE CORP COM 68389X105 55,129 1,225,913 SH   DFND 1 948,157 0 277,756
PAYCHEX INC COM 704326107 1,477 32,000 SH   DFND 2 32,000 0 0
PRAXAIR INC COM 74005P104 2,203 17,000 SH   DFND 1 0 0 17,000
PRAXAIR INC COM 74005P104 9,212 71,100 SH   DFND 2 71,100 0 0
QUALCOMM INC COM 747525103 1,710 23,000 SH   DFND 2 23,000 0 0
STERICYCLE INC COM 858912108 1,049 8,000 SH   DFND 1 0 0 8,000
STERICYCLE INC COM 858912108 1,573 12,000 SH   DFND 2 12,000 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 119,122 5,322,704 SH   DFND 1 3,472,270 0 1,850,434
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 31,931 1,426,766 SH   DFND 2 1,269,246 0 157,520
TATA MTRS LTD SPONSORED ADR 876568502 11,521 272,500 SH   DFND 1 272,500 0 0
TATA MTRS LTD SPONSORED ADR 876568502 2,829 66,900 SH   DFND 2 66,900 0 0
TENARIS S A SPONSORED ADR 88031M109 120,349 3,983,757 SH   DFND 1 3,295,770 0 687,987
TENARIS S A SPONSORED ADR 88031M109 107,169 3,547,477 SH   DFND 2 2,992,777 0 554,700
TORNIER N V SHS N87237108 918 36,000 SH   DFND 2 36,000 0 0
TYCO INTL PLC SHS G91442106 58,206 1,327,080 SH   DFND 1 996,980 0 330,100
TYCO INTL PLC SHS G91442106 22,342 509,400 SH   DFND 2 282,000 0 227,400
VERISK ANALYTICS INC CL A 92345Y106 1,617 25,250 SH   DFND 2 25,250 0 0
VERISK ANALYTICS INC CL A 92345Y106 1,986 31,000 SH   DFND 1 0 0 31,000
VISA INC COM CL A 92826C839 30,730 117,200 SH   DFND 1 88,000 0 29,200
VISA INC COM CL A 92826C839 22,235 84,800 SH   DFND 2 48,500 0 36,300
WAL-MART STORES INC COM 931142103 2,576 30,000 SH   DFND 2 30,000 0 0
WHOLE FOODS MKT INC COM 966837106 807 16,000 SH   DFND 1 0 0 16,000
WHOLE FOODS MKT INC COM 966837106 756 15,000 SH   DFND 2 15,000 0 0
WUXI PHARMATECH CAYMAN INC SPONS ADR SHS 929352102 17,936 532,700 SH   DFND 1 432,700 0 100,000
WUXI PHARMATECH CAYMAN INC SPONS ADR SHS 929352102 43,343 1,287,280 SH   DFND 2 719,500 0 567,780
YANDEX N V SHS CLASS A N97284108 114,445 6,372,197 SH   DFND 1 5,259,038 0 1,113,159
YANDEX N V SHS CLASS A N97284108 111,591 6,213,290 SH   DFND 2 5,356,630 0 856,660
ZOETIS INC CL A 98978V103 1,162 27,000 SH   DFND 2 27,000 0 0
ZOETIS INC CL A 98978V103 559 13,000 SH   DFND 1 0 0 13,000