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
ADOBE INC COM 00724F101 1,668 3,660 SH   SOLE 0 2,038 0 1,622
ALIBABA GROUP HOLDING LTD ADR 01609W102 351 3,227 SH   SOLE 0 3,227 0 0
ALPHABET INC COM 02079K107 7,044 2,522 SH   SOLE 0 1,514 0 1,008
AMAZON.COM INC COM 023135106 5,011 1,537 SH   SOLE 0 876 0 661
AMERICAN TOWER CORP COM 03027X100 2,849 11,341 SH   SOLE 0 6,740 0 4,601
ANTHEM INC COM 036752103 2,799 5,699 SH   SOLE 0 3,300 0 2,399
APPLE INC COM 037833100 2,883 16,509 SH   SOLE 0 9,787 0 6,722
ASML HOLDING NV NY REG SHRS N07059210 373 558 SH   SOLE 0 558 0 0
ASTRAZENECA PLC ADR 046353108 667 10,060 SH   SOLE 0 10,060 0 0
AXALTA COATING SYSTEMS LTD COM G0750C108 1,465 59,589 SH   SOLE 0 32,234 0 27,355
BERKSHIRE HATHAWAY INC COM 084670702 3,985 11,293 SH   SOLE 0 6,715 0 4,578
BOOKING HOLDINGS INC COM 09857L108 2,846 1,212 SH   SOLE 0 721 0 491
CANADIAN PACIFIC RAILWAY LTD COM 13645T100 10,902 132,016 SH   SOLE 0 110,021 0 21,995
EQUINOR ASA ADR 29446M102 66 1,757 SH   SOLE 0 1,757 0 0
FABRINET COM G3323L100 868 8,258 SH   SOLE 0 8,258 0 0
HDFC BANK LTD ADR 40415F101 8,623 140,595 SH   SOLE 0 125,194 0 15,401
INFOSYS LTD ADR 456788108 1,343 53,941 SH   SOLE 0 53,941 0 0
ISHARES MSCI CHINA A ETF ETF 46434V514 420 11,370 SH   SOLE 0 11,370 0 0
ISHARES MSCI INDIA ETF ETF 46429B598 5,128 115,052 SH   SOLE 0 115,052 0 0
ISHARES MSCI INDIA SMALL-CAP E ETF 46429B614 755 13,455 SH   SOLE 0 13,455 0 0
MASTERCARD INC COM 57636Q104 3,466 9,699 SH   SOLE 0 5,670 0 4,029
META PLATFORMS INC COM 30303M102 4,846 21,795 SH   SOLE 0 12,887 0 8,908
MICROSOFT CORP COM 594918104 4,165 13,510 SH   SOLE 0 9,305 0 4,205
NOVO NORDISK A/S ADR 670100205 26 233 SH   SOLE 0 233 0 0
ORIX CORP ADR 686330101 240 2,399 SH   SOLE 0 2,399 0 0
PAYPAL HOLDINGS INC COM 70450Y103 2,251 19,461 SH   SOLE 0 11,582 0 7,879
PHILIP MORRIS INTERNATIONAL IN COM 718172109 1,924 20,483 SH   SOLE 0 16,063 0 4,420
S&P GLOBAL INC COM 78409V104 2,266 5,524 SH   SOLE 0 3,289 0 2,235
SAP SE ADR 803054204 347 3,127 SH   SOLE 0 3,127 0 0
SILICON MOTION TECHNOLOGY CORP ADR 82706C108 451 6,756 SH   SOLE 0 6,756 0 0
SOCIEDAD QUIMICA MINERA DE CHILE ADR 833635105 2,410 28,152 SH   SOLE 0 28,152 0 0
STELLANTIS NV SHS N82405106 4,657 283,159 SH   SOLE 0 240,710 0 42,449
TERNIUM SA ADR 880890108 2,413 52,853 SH   SOLE 0 52,853 0 0
TJX COS INC/THE COM 872540109 1,749 28,867 SH   SOLE 0 17,021 0 11,846
TOYOTA MOTOR CORP ADR 892331307 48 266 SH   SOLE 0 266 0 0
UBS GROUP AG SHS H42097107 4,623 234,663 SH   SOLE 0 194,537 0 40,126
VISA INC COM 92826C839 3,498 15,771 SH   SOLE 0 9,054 0 6,717
WIPRO LTD ADR 97651M109 563 73,082 SH   SOLE 0 73,082 0 0
WNS HOLDINGS LTD ADR 92932M101 239 2,793 SH   SOLE 0 2,793 0 0
XP INC CL A G98239109 3,101 103,018 SH   SOLE 0 103,018 0 0