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   1,171,024 19,625 SH   SOLE   19,625 0 0
ACCENTURE PLC CL A COM G1151C101   532,024 1,780 SH   SOLE   1,780 0 0
ADIDAS AG ADR COM 00687A107   628,514 5,371 SH   SOLE   5,371 0 0
Aegon NV ADR COM 0076CA104   103,887 14,349 SH   SOLE   14,349 0 0
Aercap Holdings N.V. COM N00985106   12,626,289 107,917 SH   SOLE   107,917 0 0
AIA GROUP LTD COM 001317205   3,000,335 82,928 SH   SOLE   82,928 0 0
Alcon AG COM H01301128   340,761 3,860 SH   SOLE   3,860 0 0
Alibaba Group Holding Ltd. Spo COM 01609W102   3,233,319 28,510 SH   SOLE   28,510 0 0
Ambev SA Sponsored ADR COM 02319V103   36,567 15,173 SH   SOLE   15,173 0 0
AMDOCS LIMITED ORD COM G02602103   240,782 2,639 SH   SOLE   2,639 0 0
America Movil SAB de CV Sponso COM 02390A101   2,561,132 142,761 SH   SOLE   142,761 0 0
Anglogold Ashanti PLC COM G0378L100   1,467,992 32,214 SH   SOLE   32,214 0 0
Arm Holdings Plc COM 042068205   426,508 2,637 SH   SOLE   2,637 0 0
Ascendis Pharma A/S Sponsored COM 04351P101   2,754,006 15,956 SH   SOLE   15,956 0 0
ASE Technology Holding Co., Lt COM 00215W100   190,113 18,404 SH   SOLE   18,404 0 0
ASML HOLDING NV COM N07059210   11,947,122 14,908 SH   SOLE   14,908 0 0
ASTRAZENECA PLC ADR COM 046353108   4,050,454 57,963 SH   SOLE   57,963 0 0
Banco Santander-Chile COM 05965X109   1,286,750 51,021 SH   SOLE   51,021 0 0
Barclays Plc COM 06738E204   1,144,791 61,581 SH   SOLE   61,581 0 0
Barrick Gold Corp. COM 06849F108   310,572 14,917 SH   SOLE   14,917 0 0
BNP PARIBAS COM 05565A202   1,134,594 25,135 SH   SOLE   25,135 0 0
Bunzl plc Sponsored ADR COM 120738406   268,334 16,834 SH   SOLE   16,834 0 0
Cae Inc. COM 124765108   5,920,033 202,256 SH   SOLE   202,256 0 0
Cameco Corp. COM 13321L108   1,113,970 15,007 SH   SOLE   15,007 0 0
CGI Inc. Class A COM 12532H104   7,453,518 71,101 SH   SOLE   71,101 0 0
CHECK POINT SOFTWARE TECH COM M22465104   5,410,669 24,455 SH   SOLE   24,455 0 0
CHUBB LIMITED COM H1467J104   936,375 3,232 SH   SOLE   3,232 0 0
Commerzbank AG Sponsored ADR COM 202597605   385,131 12,207 SH   SOLE   12,207 0 0
Commonwealth Bank of Australia COM 202712600   7,367,695 60,340 SH   SOLE   60,340 0 0
DASSAULT SYSTEMS ADR COM 237545108   492,854 13,611 SH   SOLE   13,611 0 0
Deutsche Bank Ag COM D18190898   5,540,010 189,208 SH   SOLE   189,208 0 0
Elbit Systems Ltd. COM M3760D101   6,074,094 13,513 SH   SOLE   13,513 0 0
Experian PLC COM 30215C101   4,330,059 84,308 SH   SOLE   84,308 0 0
Fabrinet COM G3323L100   391,335 1,328 SH   SOLE   1,328 0 0
Ferrari NV COM N3167Y103   12,636,555 25,750 SH   SOLE   25,750 0 0
Grifols, S.A. Sponsored ADR Cl COM 398438408   1,427,823 157,945 SH   SOLE   157,945 0 0
HDFC Bank Limited Sponsored AD COM 40415F101   3,200,436 41,743 SH   SOLE   41,743 0 0
HSBC Holdings PLC Sponsored AD COM 404280406   862,549 14,189 SH   SOLE   14,189 0 0
IBERDROLA SA SPONSORED ADR COM 450737101   610,297 7,928 SH   SOLE   7,928 0 0
ICICI Bank Limited Sponsored A COM 45104G104   4,962,169 147,508 SH   SOLE   147,508 0 0
Icon Plc COM G4705A100   1,571,296 10,803 SH   SOLE   10,803 0 0
Imperial Oil Ltd. COM 453038408   229,856 2,892 SH   SOLE   2,892 0 0
INFINEON TECHNOLOGIES COM 45662N103   2,251,886 52,886 SH   SOLE   52,886 0 0
Infosys Limited Sponsored ADR COM 456788108   1,666,162 89,917 SH   SOLE   89,917 0 0
INTERCONTINENTAL HOTELS GROUP COM 45857P806   12,400,319 107,511 SH   SOLE   107,511 0 0
Julius Baer Gruppe AG Unsponso COM 48137C108   1,024,858 76,141 SH   SOLE   76,141 0 0
KB Financial Group Inc. Sponso COM 48241A105   5,212,090 63,108 SH   SOLE   63,108 0 0
Lloyds Banking Group plc Spons COM 539439109   3,538,397 832,564 SH   SOLE   832,564 0 0
Logitech International S.A. COM H50430232   5,705,950 63,308 SH   SOLE   63,308 0 0
LONZA GROUP AG UNSPON ADR COM 54338V101   529,991 7,427 SH   SOLE   7,427 0 0
MEDTRONIC PLC COM G5960L103   251,485 2,885 SH   SOLE   2,885 0 0
MercadoLibre, Inc. COM 58733R102   904,316 346 SH   SOLE   346 0 0
Merck KGaA Sponsored ADR COM 589339209   1,821,118 70,205 SH   SOLE   70,205 0 0
METTLER-TOLEDO INTL W/1 RT/SH COM 592688105   533,323 454 SH   SOLE   454 0 0
Mitsubishi UFJ Financial Group COM 606822104   1,654,701 120,605 SH   SOLE   120,605 0 0
NATIONAL AUSTRALIA BANK ADR COM 632525408   752,334 57,961 SH   SOLE   57,961 0 0
National Grid Transco COM 636274409   2,193,086 29,473 SH   SOLE   29,473 0 0
Nebius Group N.V. Class A COM N97284108   655,218 11,842 SH   SOLE   11,842 0 0
Nestle S.A. Sponsored ADR COM 641069406   3,100,770 31,220 SH   SOLE   31,220 0 0
NIDEC CORP ADR COM 654090109   363,270 74,471 SH   SOLE   74,471 0 0
NIPPON TEL & TEL CORP ADR COM 654624105   407,100 15,213 SH   SOLE   15,213 0 0
Nokia Oyj Sponsored ADR COM 654902204   5,052,463 975,379 SH   SOLE   975,379 0 0
NOVARTIS AG ADR COM 66987V109   5,275,915 43,599 SH   SOLE   43,599 0 0
Novo Nordisk A/S COM 670100205   3,396,474 49,210 SH   SOLE   49,210 0 0
Open Text Corp. COM 683715106   3,220,293 110,284 SH   SOLE   110,284 0 0
ORIX Corporation Sponsored ADR COM 686330101   5,471,662 242,969 SH   SOLE   242,969 0 0
PDD Holdings Inc. Sponsored AD COM 722304102   1,693,189 16,178 SH   SOLE   16,178 0 0
PT Bank Mandiri (Persero) Tbk COM 69367U105   1,787,643 150,096 SH   SOLE   150,096 0 0
RELX PLC Sponsored ADR COM 759530108   4,248,845 78,190 SH   SOLE   78,190 0 0
RIO TINTO PLC SPONSORED ADR COM 767204100   414,260 7,102 SH   SOLE   7,102 0 0
Rolls Royce Holdings ADR COM 775781206   12,446,785 930,253 SH   SOLE   930,253 0 0
Sandoz Group Ltd Sponsored ADR COM 799926100   2,702,106 49,430 SH   SOLE   49,430 0 0
SAP SE Sponsored ADR COM 803054204   16,200,015 53,272 SH   SOLE   53,272 0 0
Seiko Epson COM 81603X108   88,615 13,529 SH   SOLE   13,529 0 0
Shell PLC Sponsored ADR COM 780259305   731,349 10,387 SH   SOLE   10,387 0 0
SHIN-ETSU CHEM UNSPON ADR COM 824551105   551,591 33,450 SH   SOLE   33,450 0 0
Shopify, Inc. Class A COM 82509L107   15,873,198 137,609 SH   SOLE   137,609 0 0
Siemens Aktiengesellschaft Spo COM 826197501   979,412 7,600 SH   SOLE   7,600 0 0
SK Telecom Co., Ltd. Sponsored COM 78440P306   1,196,244 51,231 SH   SOLE   51,231 0 0
Smith & Nephew Plc COM 83175M205   4,591,437 149,900 SH   SOLE   149,900 0 0
Sociedad Quimica Y Minera De C COM 833635105   574,407 16,286 SH   SOLE   16,286 0 0
SoftBank Group Corp. Unsponsor COM 83404D109   1,503,976 41,284 SH   SOLE   41,284 0 0
Sony Group Corporation Sponsor COM 835699307   11,673,388 448,459 SH   SOLE   448,459 0 0
Stmicroelectronics N.V. COM 861012102   3,197,399 105,143 SH   SOLE   105,143 0 0
Sumitomo Corporation COM 865613103   462,882 17,912 SH   SOLE   17,912 0 0
Taiwan Semiconductor Manufactu COM 874039100   9,852,541 43,501 SH   SOLE   43,501 0 0
Teck Resources Ltd. COM 878742204   1,054,645 26,118 SH   SOLE   26,118 0 0
Telefonaktiebolaget LM Ericsso COM 294821608   2,467,816 291,016 SH   SOLE   291,016 0 0
Tencent Holdings Ltd. Unsponso COM 88032Q109   5,718,312 88,656 SH   SOLE   88,656 0 0
TotalEnergies SE Sponsored ADR COM 89151E109   609,173 9,923 SH   SOLE   9,923 0 0
Toyota Motor Corp. COM 892331307   1,259,565 7,312 SH   SOLE   7,312 0 0
UBS Group AG COM H42097107   12,605,492 372,723 SH   SOLE   372,723 0 0
United Microelectronics Corp S COM 910873405   107,100 14,000 SH   SOLE   14,000 0 0
Veolia Environnement COM 92334N103   240,939 13,498 SH   SOLE   13,498 0 0
Yum China Holdings, Inc. COM 98850P109   1,529,529 34,210 SH   SOLE   34,210 0 0