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
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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 28,291 250,249 SH   SOLE   250,249 0 0
Ambev SA - ADR ADRSPONSORED ADR 02319V103 1,719 282,222 SH   SOLE   282,222 0 0
Accenture PLC SHS CLASS A G1151C101 2,415 19,769 SH   SOLE   19,769 0 0
Allergan PLC SHS G0177J108 9,808 42,585 SH   SOLE   42,585 0 0
American International Group NEW 026874784 7,106 119,746 SH   SOLE   119,746 0 0
Allegion Plc SHS G0176J109 4,933 71,589 SH   SOLE   71,589 0 0
Amgen Inc. COM 031162100 4,727 28,340 SH   SOLE   28,340 0 0
Amazon.Com Inc COM 023135106 9,196 10,983 SH   SOLE   10,983 0 0
Apache Corp. COM 037411105 3,144 49,220 SH   SOLE   49,220 0 0
Activision Blizzard Inc COM 00507V109 2,539 57,308 SH   SOLE   57,308 0 0
Broadcom Limited SHS Y09827109 10,335 59,904 SH   SOLE   59,904 0 0
Boeing Company COM 097023105 326 2,474 SH   SOLE   2,474 0 0
Alibaba Group Holding - Sp Adr SPONSORED ADS 01609W102 3,839 36,287 SH   SOLE   36,287 0 0
Bank of America Corp. COM 060505104 8,854 565,761 SH   SOLE   565,761 0 0
Banco Bradesco-ADR NEW 059460303 1,434 158,069 SH   SOLE   158,069 0 0
Biogen Inc COM 09062X103 5,042 16,106 SH   SOLE   16,106 0 0
Blackrock Inc COM 09247X101 7,904 21,807 SH   SOLE   21,807 0 0
Biomarin Pharmaceutical Inc COM 09061G101 2,930 31,666 SH   SOLE   31,666 0 0
Bristol-Myers Squibb COM 110122108 5,729 106,256 SH   SOLE   106,256 0 0
Banco Santander Chile ADR COM 05965X109 881 42,602 SH   SOLE   42,602 0 0
Blackstone Group LP COM UNIT LTD 09253U108 3,426 134,202 SH   SOLE   134,202 0 0
Citigroup Inc. NEW 172967424 8,887 188,157 SH   SOLE   188,157 0 0
Crown Castle Intl Corp COM 22822V101 7,548 80,119 SH   SOLE   80,119 0 0
Celgene Corp COM 151020104 4,121 39,423 SH   SOLE   39,423 0 0
CNOOC Ltd. ADR ADRSPONSORED ADR 126132109 1,327 10,493 SH   SOLE   10,493 0 0
Cerner Corp COM 156782104 506 8,200 SH   SOLE   8,200 0 0
Cabot Oil & Gas Corp COM 127097103 5,307 205,682 SH   SOLE   205,682 0 0
Calpine Corp NEW 131347304 4,600 363,909 SH   SOLE   363,909 0 0
Cisco Systems COM 17275R102 13,411 422,803 SH   SOLE   422,803 0 0
Ctrip.Com International-Adr SHS 22943F100 919 19,742 SH   SOLE   19,742 0 0
Cognizant Tech Solutions CL A 192446102 3,348 70,173 SH   SOLE   70,173 0 0
CVS Health Corp COM 126650100 8,826 99,179 SH   SOLE   99,179 0 0
Delta Airlines Inc. NEW 247361702 4,465 113,435 SH   SOLE   113,435 0 0
Walt Disney Co. COM DISNEY 254687106 2,463 26,521 SH   SOLE   26,521 0 0
Delphi Automotive Plc SHS G27823106 3,536 49,579 SH   SOLE   49,579 0 0
Brinker Intl Inc COM 109641100 1,086 21,535 SH   SOLE   21,535 0 0
Edison International COM 281020107 3,654 50,575 SH   SOLE   50,575 0 0
Estee Lauder Companies Class A CL A 518439104 8,593 97,030 SH   SOLE   97,030 0 0
Eog Resources COM 26875P101 7,600 78,588 SH   SOLE   78,588 0 0
Diamondback Energy Inc. COM 25278X109 5,727 59,322 SH   SOLE   59,322 0 0
Facebook Inc. CL A 30303M102 8,050 62,757 SH   SOLE   62,757 0 0
Fomento Economico Mex-Sp ADR SPON ADR UNITS 344419106 913 9,925 SH   SOLE   9,925 0 0
General Dynamics COM 369550108 217 1,400 SH   SOLE   1,400 0 0
General Electric COM 369604103 6,528 220,391 SH   SOLE   220,391 0 0
Gilead Sciences Inc. COM 375558103 4,029 50,918 SH   SOLE   50,918 0 0
Alphabet Inc - Cl C CAP STK CL C 02079K107 13,092 16,843 SH   SOLE   16,843 0 0
Home Depot COM 437076102 2,141 16,636 SH   SOLE   16,636 0 0
Hdfc Bank Ltd Adr SHS 40415F101 476 6,621 SH   SOLE   6,621 0 0
Honeywell International COM 438516106 10,618 91,074 SH   SOLE   91,074 0 0
International Business Machines COM 459200101 210 1,325 SH   SOLE   1,325 0 0
ICICI Bank Ltd-Spon ADR ADR 45104G104 786 105,219 SH   SOLE   105,219 0 0
Ingersoll Rand Co. SHS G47791101 6,550 96,409 SH   SOLE   96,409 0 0
Itau Unibanco Hldng-Pref ADR SPON ADR REP PFD 465562106 1,054 96,378 SH   SOLE   96,378 0 0
JD.com Inc-Adr CL A 47215P106 1,398 53,578 SH   SOLE   53,578 0 0
Johnson & Johnson COM 478160104 6,352 53,772 SH   SOLE   53,772 0 0
JP Morgan Chase & Company COM 46625H100 17,678 265,468 SH   SOLE   265,468 0 0
Coca Cola Co. COM 191216100 4,303 101,670 SH   SOLE   101,670 0 0
KT Corp. SP ADR ADRSPONSORED ADR 48268K101 804 50,080 SH   SOLE   50,080 0 0
L Brands Inc COM 501797104 3,473 49,080 SH   SOLE   49,080 0 0
Lennar Corp. CL A 526057104 3,823 90,304 SH   SOLE   90,304 0 0
Lockheed Martin Inc. COM 539830109 6,032 25,161 SH   SOLE   25,161 0 0
Louisiana-Pacific Corp. COM 546347105 3,960 210,325 SH   SOLE   210,325 0 0
Lyondellbasell Indu-CL A SHS A N53745100 4,320 53,557 SH   SOLE   53,557 0 0
Mastercard Inc CL A 57636Q104 5,467 53,723 SH   SOLE   53,723 0 0
McDonald's Corp. COM 580135101 216 1,875 SH   SOLE   1,875 0 0
McKesson HBOC Inc. COM 58155Q103 3,448 20,677 SH   SOLE   20,677 0 0
Medtronic Plc SHS G5960L103 10,819 125,222 SH   SOLE   125,222 0 0
Altria Group Inc. COM 02209S103 5,003 79,129 SH   SOLE   79,129 0 0
Merck & Co. Inc. COM 58933Y105 557 8,925 SH   SOLE   8,925 0 0
Morgan Stanley NEW 617446448 8,298 258,826 SH   SOLE   258,826 0 0
Microsoft Corp. COM 594918104 16,198 281,214 SH   SOLE   281,214 0 0
NextEra Energy Inc. COM 65339F101 5,622 45,963 SH   SOLE   45,963 0 0
Nike Inc. CL B 654106103 3,974 75,481 SH   SOLE   75,481 0 0
Northrop Grumman Corp. COM 666807102 8,022 37,495 SH   SOLE   37,495 0 0
Oracle Corp. COM 68389X105 9,201 234,240 SH   SOLE   234,240 0 0
Palo Alto Holdings Inc. COM 697435105 2,911 18,271 SH   SOLE   18,271 0 0
Priceline Group Inc NEW 741503403 4,403 2,992 SH   SOLE   2,992 0 0
PepsiCo Inc. COM 713448108 12,884 118,453 SH   SOLE   118,453 0 0
Pfizer Inc. COM 717081103 12,471 368,200 SH   SOLE   368,200 0 0
Procter & Gamble COM 742718109 9,348 104,151 SH   SOLE   104,151 0 0
Posco Spons ADR ADRSPONSORED ADR 693483109 1,041 20,371 SH   SOLE   20,371 0 0
Philip Morris International Inc COM 718172109 5,625 57,856 SH   SOLE   57,856 0 0
Prudential Financial Inc. COM 744320102 2,289 28,037 SH   SOLE   28,037 0 0
Robert Half COM 770323103 2,397 63,307 SH   SOLE   63,307 0 0
Raytheon Company NEW 755111507 4,658 34,220 SH   SOLE   34,220 0 0
Ryanair Hldgs ADR SPONSORED ADR NE 783513203 10,186 135,763 SH   SOLE   135,763 0 0
Sabre Corp COM 78573M104 4,383 155,519 SH   SOLE   155,519 0 0
Starbucks Corp. COM 855244109 5,908 109,123 SH   SOLE   109,123 0 0
Schlumberger Ltd. COM 806857108 8,691 110,522 SH   SOLE   110,522 0 0
Simon Property Group COM 828806109 6,904 33,349 SH   SOLE   33,349 0 0
Suntrust Banks Inc. COM 867914103 5,589 127,606 SH   SOLE   127,606 0 0
Steel Dynamics Inc COM 858119100 5,519 220,841 SH   SOLE   220,841 0 0
Synchrony Financial COM 87165B103 5,198 185,625 SH   SOLE   185,625 0 0
Stryker Corp. COM 863667101 8,367 71,876 SH   SOLE   71,876 0 0
AT&T Inc. COM 00206R102 1,954 48,111 SH   SOLE   48,111 0 0
Tiffany & Co. COM 886547108 4,038 55,600 SH   SOLE   55,600 0 0
TJX Companies Inc. COM 872540109 9,738 130,222 SH   SOLE   130,222 0 0
T-Mobile US Inc. COM 872590104 7,019 150,235 SH   SOLE   150,235 0 0
Taiwan Semiconductor-ADR ADRSPONSORED ADR 874039100 5,358 175,164 SH   SOLE   175,164 0 0
Tata Motors Ltd-Spon ADR ADRSPONSORED ADR 876568502 993 24,844 SH   SOLE   24,844 0 0
Grupo Televisa Sa-Spon ADR ORD 40049J206 713 27,770 SH   SOLE   27,770 0 0
Time Warner Inc. NEW 887317303 7,455 93,646 SH   SOLE   93,646 0 0
United Health Group Inc. COM 91324P102 8,351 59,649 SH   SOLE   59,649 0 0
United Parcel Service Class B CL B 911312106 236 2,159 SH   SOLE   2,159 0 0
US Bancorp Inc. NEW 902973304 370 8,624 SH   SOLE   8,624 0 0
Visa Inc-Class A CL A 92826C839 8,045 97,277 SH   SOLE   97,277 0 0
Verizon Communications COM 92343V104 2,160 41,547 SH   SOLE   41,547 0 0
Walgreens Boots Alliance Inc COM 931427108 230 2,850 SH   SOLE   2,850 0 0
Wells Fargo & Company COM 949746101 6,597 148,981 SH   SOLE   148,981 0 0
Wynn Resorts Ltd COM 983134107 4,496 46,152 SH   SOLE   46,152 0 0
Exxon Mobil Corp. COM 30231G102 10,523 120,569 SH   SOLE   120,569 0 0
Yum! Brands Inc. COM 988498101 6,614 72,837 SH   SOLE   72,837 0 0
Zayo Group Holdings Inc. COM 98919V105 4,571 153,864 SH   SOLE   153,864 0 0
iShares MSCI Emerging Markets Indx (ETF) MSCI EMG MKT ETF 464287234 979 26,153 SH   SOLE   26,153 0 0