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
APPLE INC COM 037833100 150,871 283,500 SH   SOLE 0 283,500 0 0
COMPANHIA DE BEBIDAS DAS AME SPON ADR PFD 20441W203 77,971 1,856,900 SH   SOLE 0 1,856,900 0 0
ALLERGAN INC COM 018490102 76,836 837,629 SH   SOLE 0 837,629 0 0
ALTERA CORP COM 021441100 62,022 1,803,489 SH   SOLE 0 1,803,489 0 0
AMERICAN TOWER CORP NEW COM 03027X100 51,771 670,000 SH   SOLE 0 670,000 0 0
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 42,230 1,824,984 SH   SOLE 0 1,824,984 0 0
APACHE CORP COM 037411105 53,380 680,000 SH   SOLE 0 680,000 0 0
ANGLOGOLD ASHANTI LTD SPONSORED ADR 035128206 14,926 475,820 SH   SOLE 0 475,820 0 0
BANCO BRADESCO S A SP ADR PFD NEW 059460303 53,829 3,098,950 SH   SOLE 0 3,098,950 0 0
BCE INC COM NEW 05534B760 40,609 952,597 SH   SOLE 0 952,597 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 62,296 1,266,178 SH   SOLE 0 1,266,178 0 0
BANCO SANTANDER CHILE NEW SP ADR REP COM 05965X109 12,802 449,367 SH   SOLE 0 449,367 0 0
GRUPO FINANCIERO SANTANDER M SPON ADR SHS B 40053C105 46,598 2,880,000 SH   SOLE 0 2,880,000 0 0
BORGWARNER INC COM 099724106 64,458 900,000 SH   SOLE 0 900,000 0 0
CAE INC COM 124765108 19,737 1,960,000 SH   SOLE 0 1,960,000 0 0
CBS CORP NEW CL B 124857202 92,344 2,426,900 SH   SOLE 0 2,426,900 0 0
CELGENE CORP COM 151020104 59,815 762,262 SH   SOLE 0 762,262 0 0
CIT GROUP INC COM NEW 125581801 29,366 760,000 SH   SOLE 0 760,000 0 0
CAPITAL ONE FINL CORP COM 14040H105 49,258 850,306 SH   SOLE 0 850,306 0 0
COACH INC COM 189754104 57,253 1,031,400 SH   SOLE 0 1,031,400 0 0
COSTCO WHSL CORP NEW COM 22160K105 65,448 662,900 SH   SOLE 0 662,900 0 0
CSX CORP COM 126408103 59,096 2,995,223 SH   SOLE 0 2,995,223 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 69,449 940,000 SH   SOLE 0 940,000 0 0
CITRIX SYS INC COM 177376100 38,486 586,500 SH   SOLE 0 586,500 0 0
CVS CAREMARK CORPORATION COM 126650100 83,404 1,725,000 SH   SOLE 0 1,725,000 0 0
CEMEX SAB DE CV SPON ADR NEW 151290889 26,353 2,670,000 SH   SOLE 0 2,670,000 0 0
ELECTRONIC ARTS INC COM 285512109 41,019 2,825,000 SH   SOLE 0 2,825,000 0 0
ECOPETROL S A SPONSORED ADS 279158109 27,172 455,375 SH   SOLE 0 455,375 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 51,226 508,700 SH   SOLE 0 508,700 0 0
GOOGLE INC CL A 38259P508 78,390 110,818 SH   SOLE 0 110,818 0 0
HALLIBURTON CO COM 406216101 42,510 1,225,413 SH   SOLE 0 1,225,413 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 74,705 390,000 SH   SOLE 0 390,000 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101 44,136 663,300 SH   SOLE 0 663,300 0 0
IHS INC CL A 451734107 58,859 613,118 SH   SOLE 0 613,118 0 0
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 65,089 3,954,362 SH   SOLE 0 3,954,362 0 0
JONES LANG LASALLE INC COM 48020Q107 47,435 565,101 SH   SOLE 0 565,101 0 0
51JOB INC SP ADR REP COM 316827104 9,802 209,673 SH   SOLE 0 209,673 0 0
JOY GLOBAL INC COM 481165108 43,370 680,000 SH   SOLE 0 680,000 0 0
JPMORGAN CHASE & CO COM 46625H100 47,189 1,073,233 SH   SOLE 0 1,073,233 0 0
KANSAS CITY SOUTHERN COM NEW 485170302 68,156 816,430 SH   SOLE 0 816,430 0 0
LAMAR ADVERTISING CO CL A 512815101 37,153 958,777 SH   SOLE 0 958,777 0 0
LENNAR CORP CL A 526057104 23,975 620,000 SH   SOLE 0 620,000 0 0
MONDELEZ INTL INC CL A 609207105 54,263 2,131,873 SH   SOLE 0 2,131,873 0 0
MEAD JOHNSON NUTRITION CO COM 582839106 38,216 580,000 SH   SOLE 0 580,000 0 0
MERCK & CO INC NEW COM 58933Y105 95,096 2,322,811 SH   SOLE 0 2,322,811 0 0
MICROSOFT CORP COM 594918104 37,506 1,404,210 SH   SOLE 0 1,404,210 0 0
NATIONAL OILWELL VARCO INC COM 637071101 64,030 936,793 SH   SOLE 0 936,793 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 72,073 940,782 SH   SOLE 0 940,782 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 36,286 1,863,709 SH   SOLE 0 1,863,709 0 0
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 50,658 2,623,392 SH   SOLE 0 2,623,392 0 0
PFIZER INC COM 717081103 49,532 1,975,000 SH   SOLE 0 1,975,000 0 0
PROCTER & GAMBLE CO COM 742718109 88,596 1,305,000 SH   SOLE 0 1,305,000 0 0
PHILIP MORRIS INTL INC COM 718172109 102,041 1,220,000 SH   SOLE 0 1,220,000 0 0
PPL CORPORATION COM 69351T106 40,111 1,401,003 SH   SOLE 0 1,401,003 0 0
PERRIGO CO COM 714290103 50,319 483,700 SH   SOLE 0 483,700 0 0
PRUDENTIAL FINL INC COM 744320102 62,141 1,165,218 SH   SOLE 0 1,165,218 0 0
QUANTA SVCS INC COM 74762E102 43,933 1,609,858 SH   SOLE 0 1,609,858 0 0
QUALCOMM INC COM 747525103 109,117 1,763,948 SH   SOLE 0 1,763,948 0 0
ROBERT HALF INTL INC COM 770323103 65,890 2,070,720 SH   SOLE 0 2,070,720 0 0
SEATTLE GENETICS INC COM 812578102 38,438 1,658,954 SH   SOLE 0 1,658,954 0 0
SHERWIN WILLIAMS CO COM 824348106 85,120 553,375 SH   SOLE 0 553,375 0 0
SANDISK CORP COM 80004C101 49,155 1,130,000 SH   SOLE 0 1,130,000 0 0
SOCIEDAD QUIMICA MINERA DE C SPON ADR SER B 833635105 8,289 143,800 SH   SOLE 0 143,800 0 0
SUNTRUST BKS INC COM 867914103 64,450 2,273,375 SH   SOLE 0 2,273,375 0 0
TECK RESOURCES LTD CL B 878742204 41,093 1,136,724 SH   SOLE 0 1,136,724 0 0
TRIMBLE NAVIGATION LTD COM 896239100 53,549 895,775 SH   SOLE 0 895,775 0 0
TENARIS S A SPONSORED ADR 88031M109 14,673 350,031 SH   SOLE 0 350,031 0 0
TEXAS INSTRS INC COM 882508104 70,414 2,279,512 SH   SOLE 0 2,279,512 0 0
UNITEDHEALTH GROUP INC COM 91324P102 86,784 1,600,000 SH   SOLE 0 1,600,000 0 0
URBAN OUTFITTERS INC COM 917047102 58,843 1,495,000 SH   SOLE 0 1,495,000 0 0
UNITED TECHNOLOGIES CORP COM 913017109 78,730 960,000 SH   SOLE 0 960,000 0 0
VALE S A ADR 91912E105 62,272 2,971,016 SH   SOLE 0 2,971,016 0 0
VALE S A ADR REPSTG PFD 91912E204 51,977 2,561,700 SH   SOLE 0 2,561,700 0 0
WELLS FARGO & CO NEW COM 949746101 112,110 3,280,000 SH   SOLE 0 3,280,000 0 0
WEYERHAEUSER CO COM 962166104 77,117 2,772,000 SH   SOLE 0 2,772,000 0 0
EXXON MOBIL CORP COM 30231G102 71,142 821,976 SH   SOLE 0 821,976 0 0
YUM BRANDS INC COM 988498101 75,796 1,141,500 SH   SOLE 0 1,141,500 0 0