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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABB Ltd. Sponsored ADR COM 000375204   1,023,248 19,625 SH   SOLE   19,625 0 0
ACCENTURE PLC CL A COM G1151C101   555,431 1,780 SH   SOLE   1,780 0 0
ADIDAS AG ADR COM 00687A107   633,617 5,371 SH   SOLE   5,371 0 0
Aegon NV ADR COM 0076CA104   94,560 14,349 SH   SOLE   14,349 0 0
Aercap Holdings N.V. COM N00985106   12,873,318 125,999 SH   SOLE   125,999 0 0
AIA GROUP LTD COM 001317205   2,507,846 82,904 SH   SOLE   82,904 0 0
Alcon AG COM H01301128   370,892 3,907 SH   SOLE   3,907 0 0
Alibaba Group Holding Ltd. Spo COM 01609W102   3,768,026 28,496 SH   SOLE   28,496 0 0
Ambev SA Sponsored ADR COM 02319V103   34,906 14,981 SH   SOLE   14,981 0 0
AMDOCS LIMITED ORD COM G02602103   241,469 2,639 SH   SOLE   2,639 0 0
America Movil SAB de CV Sponso COM 02390A101   2,028,625 142,660 SH   SOLE   142,660 0 0
Anglogold Ashanti PLC COM G0378L100   1,195,153 32,197 SH   SOLE   32,197 0 0
ARCH CAPITAL GROUP LTD COM G0450A105   210,346 2,187 SH   SOLE   2,187 0 0
Arm Holdings Plc COM 042068205   279,790 2,620 SH   SOLE   2,620 0 0
Ascendis Pharma A/S Sponsored COM 04351P101   2,782,257 17,851 SH   SOLE   17,851 0 0
ASE Technology Holding Co., Lt COM 00215W100   159,896 18,253 SH   SOLE   18,253 0 0
ASML HOLDING NV COM N07059210   10,309,198 15,558 SH   SOLE   15,558 0 0
ASTRAZENECA PLC ADR COM 046353108   4,260,281 57,963 SH   SOLE   57,963 0 0
Banco Santander-Chile COM 05965X109   1,163,005 51,009 SH   SOLE   51,009 0 0
Barclays Plc COM 06738E204   509,476 33,169 SH   SOLE   33,169 0 0
Barrick Gold Corp. COM 067901108   289,986 14,917 SH   SOLE   14,917 0 0
BNP PARIBAS COM 05565A202   1,049,638 25,135 SH   SOLE   25,135 0 0
Bunzl plc Sponsored ADR COM 120738406   322,371 16,834 SH   SOLE   16,834 0 0
Cae Inc. COM 124765108   4,973,475 202,256 SH   SOLE   202,256 0 0
Cameco Corp. COM 13321L108   617,688 15,007 SH   SOLE   15,007 0 0
CGI Inc. Class A COM 12532H104   7,567,214 75,801 SH   SOLE   75,801 0 0
CHECK POINT SOFTWARE TECH COM M22465104   6,667,800 29,255 SH   SOLE   29,255 0 0
CHUBB LIMITED COM H1467J104   976,636 3,234 SH   SOLE   3,234 0 0
Commerzbank AG Sponsored ADR COM 202597605   278,320 12,207 SH   SOLE   12,207 0 0
Commonwealth Bank of Australia COM 202712600   5,195,542 54,840 SH   SOLE   54,840 0 0
DASSAULT SYSTEMS ADR COM 237545108   519,260 13,611 SH   SOLE   13,611 0 0
Deutsche Bank Ag COM D18190898   2,036,536 85,461 SH   SOLE   85,461 0 0
Elbit Systems Ltd. COM M3760D101   8,484,700 22,114 SH   SOLE   22,114 0 0
Experian PLC COM 30215C101   4,167,091 89,808 SH   SOLE   89,808 0 0
Fabrinet COM G3323L100   260,121 1,317 SH   SOLE   1,317 0 0
Ferrari NV COM N3167Y103   12,130,826 28,351 SH   SOLE   28,351 0 0
Grifols, S.A. Sponsored ADR Cl COM 398438408   1,122,989 157,945 SH   SOLE   157,945 0 0
HDFC Bank Limited Sponsored AD COM 40415F101   2,771,877 41,720 SH   SOLE   41,720 0 0
HSBC Holdings PLC Sponsored AD COM 404280406   814,874 14,189 SH   SOLE   14,189 0 0
IBERDROLA SA SPONSORED ADR COM 450737101   511,277 7,928 SH   SOLE   7,928 0 0
ICICI Bank Limited Sponsored A COM 45104G104   4,766,171 151,211 SH   SOLE   151,211 0 0
Icon Plc COM G4705A100   1,896,892 10,840 SH   SOLE   10,840 0 0
Imperial Oil Ltd. COM 453038408   209,149 2,892 SH   SOLE   2,892 0 0
INFINEON TECHNOLOGIES COM 45662N103   1,751,054 52,870 SH   SOLE   52,870 0 0
Infosys Limited Sponsored ADR COM 456788108   1,639,872 89,856 SH   SOLE   89,856 0 0
INTERCONTINENTAL HOTELS GROUP COM 45857P806   12,626,850 115,219 SH   SOLE   115,219 0 0
Julius Baer Gruppe AG Unsponso COM 48137C108   1,047,700 76,141 SH   SOLE   76,141 0 0
KB Financial Group Inc. Sponso COM 48241A105   3,413,475 63,084 SH   SOLE   63,084 0 0
Lloyds Banking Group plc Spons COM 539439109   3,473,388 909,264 SH   SOLE   909,264 0 0
Logitech International S.A. COM H50430232   5,673,027 67,208 SH   SOLE   67,208 0 0
LONZA GROUP AG UNSPON ADR COM 54338V101   457,875 7,427 SH   SOLE   7,427 0 0
LVMH Moet Hennessy Louis Vuitt COM 502441306   1,926,179 15,550 SH   SOLE   15,550 0 0
MEDTRONIC PLC COM G5960L103   259,965 2,893 SH   SOLE   2,893 0 0
MercadoLibre, Inc. COM 58733R102   673,050 345 SH   SOLE   345 0 0
Merck KGaA Sponsored ADR COM 589339209   1,925,021 70,205 SH   SOLE   70,205 0 0
METTLER-TOLEDO INTL W/1 RT/SH COM 592688105   536,133 454 SH   SOLE   454 0 0
Mitsubishi UFJ Financial Group COM 606822104   1,643,846 120,605 SH   SOLE   120,605 0 0
NATIONAL AUSTRALIA BANK ADR COM 632525408   622,501 57,961 SH   SOLE   57,961 0 0
National Grid Transco COM 636274409   1,930,968 29,431 SH   SOLE   29,431 0 0
Nebius Group N.V. Class A COM N97284108   216,251 10,244 SH   SOLE   10,244 0 0
Nestle S.A. Sponsored ADR COM 641069406   3,158,527 31,220 SH   SOLE   31,220 0 0
NIDEC CORP ADR COM 654090109   312,033 74,471 SH   SOLE   74,471 0 0
NIPPON TEL & TEL CORP ADR COM 654624105   367,394 15,213 SH   SOLE   15,213 0 0
Nokia Oyj Sponsored ADR COM 654902204   5,140,247 975,379 SH   SOLE   975,379 0 0
NOVARTIS AG ADR COM 66987V109   5,127,969 45,999 SH   SOLE   45,999 0 0
Novo Nordisk A/S COM 670100205   3,618,518 52,110 SH   SOLE   52,110 0 0
Open Text Corp. COM 683715106   2,785,774 110,284 SH   SOLE   110,284 0 0
ORIX Corporation Sponsored ADR COM 686330101   5,825,573 278,869 SH   SOLE   278,869 0 0
PDD Holdings Inc. Sponsored AD COM 722304102   1,913,483 16,168 SH   SOLE   16,168 0 0
PEARSON PLC SPONSORED ADR ADR COM 705015105   3,186,166 199,011 SH   SOLE   199,011 0 0
PT Bank Mandiri (Persero) Tbk COM 69367U105   1,838,676 150,096 SH   SOLE   150,096 0 0
RELX PLC Sponsored ADR COM 759530108   3,941,558 78,190 SH   SOLE   78,190 0 0
RIO TINTO PLC SPONSORED ADR COM 767204100   426,688 7,102 SH   SOLE   7,102 0 0
Rolls Royce Holdings ADR COM 775781206   9,598,938 978,485 SH   SOLE   978,485 0 0
Sandoz Group Ltd Sponsored ADR COM 799926100   2,072,117 49,430 SH   SOLE   49,430 0 0
SAP SE Sponsored ADR COM 803054204   14,434,019 53,770 SH   SOLE   53,770 0 0
Seiko Epson COM 81603X108   109,095 13,671 SH   SOLE   13,671 0 0
Shell PLC Sponsored ADR COM 780259305   761,159 10,387 SH   SOLE   10,387 0 0
SHIN-ETSU CHEM UNSPON ADR COM 824551105   476,997 33,450 SH   SOLE   33,450 0 0
Shopify, Inc. Class A COM 82509L107   15,115,343 158,309 SH   SOLE   158,309 0 0
Siemens Aktiengesellschaft Spo COM 826197501   876,888 7,600 SH   SOLE   7,600 0 0
SK Telecom Co., Ltd. Sponsored COM 78440P306   1,088,810 51,214 SH   SOLE   51,214 0 0
Smith & Nephew Plc COM 83175M205   4,439,905 156,500 SH   SOLE   156,500 0 0
Sociedad Quimica Y Minera De C COM 833635105   675,966 17,014 SH   SOLE   17,014 0 0
SoftBank Group Corp. Unsponsor COM 83404D109   1,041,182 41,284 SH   SOLE   41,284 0 0
Sony Group Corporation Sponsor COM 835699307   13,283,007 523,159 SH   SOLE   523,159 0 0
South32 Ltd. ADR COM 84473L105   647,467 63,979 SH   SOLE   63,979 0 0
Stmicroelectronics N.V. COM 861012102   3,312,512 150,843 SH   SOLE   150,843 0 0
Sumitomo Corporation COM 865613103   409,647 17,912 SH   SOLE   17,912 0 0
Taiwan Semiconductor Manufactu COM 874039100   8,000,038 48,193 SH   SOLE   48,193 0 0
Teck Resources Ltd. COM 878742204   1,140,915 31,318 SH   SOLE   31,318 0 0
Telefonaktiebolaget LM Ericsso COM 294821608   2,258,284 291,016 SH   SOLE   291,016 0 0
Tencent Holdings Ltd. Unsponso COM 88032Q109   5,656,926 88,611 SH   SOLE   88,611 0 0
TotalEnergies SE Sponsored ADR COM 89151E109   641,919 9,923 SH   SOLE   9,923 0 0
Toyota Motor Corp. COM 892331307   1,290,787 7,312 SH   SOLE   7,312 0 0
UBS Group AG COM H42097107   12,586,571 410,923 SH   SOLE   410,923 0 0
United Microelectronics Corp S COM 910873405   99,600 13,930 SH   SOLE   13,930 0 0
Veolia Environnement COM 92334N103   232,571 13,498 SH   SOLE   13,498 0 0
Yum China Holdings, Inc. COM 98850P109   1,780,348 34,198 SH   SOLE   34,198 0 0