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 866 2,367 SH   SOLE 0 1,342 0 1,025
ALIBABA GROUP HOLDING LTD ADR 01609W102 450 3,955 SH   SOLE 0 3,955 0 0
ALPHABET INC COM 02079K107 5,674 2,594 SH   SOLE 0 1,586 0 1,008
AMAZON.COM INC COM 023135106 3,374 31,771 SH   SOLE 0 18,551 0 13,220
AMERICAN TOWER CORP COM 03027X100 2,522 9,869 SH   SOLE 0 5,970 0 3,899
APPLE INC COM 037833100 2,332 17,058 SH   SOLE 0 10,336 0 6,722
ASML HOLDING NV NY REG SHRS N07059210 269 565 SH   SOLE 0 565 0 0
ASTRAZENECA PLC ADR 046353108 629 9,526 SH   SOLE 0 9,526 0 0
AXALTA COATING SYSTEMS LTD COM G0750C108 1,357 61,357 SH   SOLE 0 34,002 0 27,355
BERKSHIRE HATHAWAY INC COM 084670702 2,522 9,236 SH   SOLE 0 5,358 0 3,878
BOOKING HOLDINGS INC COM 09857L108 2,191 1,253 SH   SOLE 0 762 0 491
CANADIAN PACIFIC RAILWAY LTD COM 13645T100 11,215 160,796 SH   SOLE 0 112,479 0 48,317
DR REDDYS LABS LTD ADR 256135203 846 15,266 SH   SOLE 0 15,266 0 0
ANTHEM INC COM 036752103 2,834 5,873 SH   SOLE 0 3,474 0 2,399
EQUINOR ASA ADR 29446M102 61 1,757 SH   SOLE 0 1,757 0 0
FABRINET COM G3323L100 916 11,294 SH   SOLE 0 11,294 0 0
HALLIBURTON CO COM 406216101 1,470 46,890 SH   SOLE 0 28,359 0 18,531
HDFC BANK LTD ADR 40415F101 10,309 187,579 SH   SOLE 0 151,063 0 36,516
INFOSYS LTD ADR 456788108 740 39,958 SH   SOLE 0 39,958 0 0
ISHARES MSCI CHINA A ETF ETF 46434V514 552 14,505 SH   SOLE 0 14,505 0 0
ISHARES MSCI INDIA ETF ETF 46429B598 4,530 115,052 SH   SOLE 0 115,052 0 0
ISHARES MSCI INDIA SMALL-CAP E ETF 46429B614 657 13,455 SH   SOLE 0 13,455 0 0
MASTERCARD INC COM 57636Q104 3,162 10,022 SH   SOLE 0 5,993 0 4,029
META PLATFORMS INC COM 30303M102 3,633 22,528 SH   SOLE 0 13,620 0 8,908
MICROSOFT CORP COM 594918104 3,023 11,772 SH   SOLE 0 8,245 0 3,527
NOVO NORDISK A/S ADR 670100205 26 233 SH   SOLE 0 233 0 0
ORIX CORP ADR 686330101 45 534 SH   SOLE 0 534 0 0
PAYPAL HOLDINGS INC COM 70450Y103 1,405 20,120 SH   SOLE 0 12,241 0 7,879
PETROLEO BRASILEIRO SA PETRO ADR 71654V408 197 16,894 SH   SOLE 0 16,894 0 0
S&P GLOBAL INC COM 78409V104 1,923 5,706 SH   SOLE 0 3,471 0 2,235
SAP SE ADR 803054204 232 2,557 SH   SOLE 0 2,557 0 0
SILICON MOTION TECHNOLOGY CORP ADR 82706C108 1,832 21,889 SH   SOLE 0 21,889 0 0
SOCIEDAD QUIMICA MINERA DE CHILE ADR 833635105 679 8,133 SH   SOLE 0 8,133 0 0
STELLANTIS NV SHS N82405106 3,350 271,935 SH   SOLE 0 190,648 0 81,287
TERNIUM SA ADR 880890108 2,227 61,709 SH   SOLE 0 61,709 0 0
TJX COS INC/THE COM 872540109 1,761 31,526 SH   SOLE 0 17,996 0 13,530
TOYOTA MOTOR CORP ADS 892331307 41 266 SH   SOLE 0 266 0 0
UBS GROUP AG SHS H42097107 5,990 372,388 SH   SOLE 0 262,367 0 110,021
VALE S A ADR 91912E105 2,077 141,978 SH   SOLE 0 100,763 0 41,215
VISA INC COM 92826C839 3,207 16,287 SH   SOLE 0 9,570 0 6,717
WIPRO LTD ADR 97651M109 388 73,082 SH   SOLE 0 73,082 0 0
WNS HOLDINGS LTD ADR 92932M101 208 2,793 SH   SOLE 0 2,793 0 0
XP INC CL A G98239109 1,316 73,249 SH   SOLE 0 73,249 0 0