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
Aon PLC SHS CL A G0403H108 BBG00SSQFPR9 1,235,436,664 3,464,683 SH   SOLE   3,372,318 0 92,365
IDEX Corp. COM 45167R104 BBG001S67N14 56,045,104 344,342 SH   SOLE   332,092 0 12,250
MercadoLibre, Inc. COM 58733R102 BBG001SM32G3 916,080 392 SH   SOLE   392 0 0
NVIDIA Corp. COM 67066G104 BBG001S5TZJ6 634,372 3,400 SH   SOLE   3,400 0 0
PriceSmart, Inc. COM 741511109 BBG001SB78V3 746,046 6,156 SH   SOLE   6,156 0 0
Zhihu, Inc. SPONSORED ADS 98955N207 BBG00ZKGL1L5 1,403,868 276,897 SH   SOLE   276,897 0 0
Amrize, Ltd. SHS H2927K103 BBG01T2JZYW3 280,418,786 5,786,541 SH   SOLE   5,786,541 0 0
UBS Group AG SHS H42097107 BBG007936GX0 1,752,933,940 42,641,442 SH   SOLE   41,693,342 0 948,100
Patria Investments, Ltd. COM CL A G69451105 BBG00YQ7XKN5 309,520 21,200 SH   SOLE   21,200 0 0
ACM Research, Inc. COM CL A 00108J109 BBG00HPSG942 4,808,764 122,892 SH   SOLE   122,892 0 0
3M Co. COM 88579Y101 BBG001S5T7X2 1,194,265 7,696 SH   SOLE   7,696 0 0
Abbott Laboratories COM 002824100 BBG001S5N9M6 2,320,377 17,324 SH   SOLE   17,324 0 0
AbbVie, Inc. COM 00287Y109 BBG0025Y4RZ3 2,424,918 10,473 SH   SOLE   10,473 0 0
Adobe, Inc. COM 00724F101 BBG001S5NCQ5 562,109,242 1,593,506 SH   SOLE   1,547,256 0 46,250
Aegon, Ltd. AMER REG 1 CERT 0076CA104 BBG001S6Y6M8 685,410,205 85,783,505 SH   SOLE   81,996,665 0 3,786,840
Affiliated Managers Group, Inc. COM 008252108 BBG001S6DMD6 572,232 2,400 SH   SOLE   2,400 0 0
Afya, Ltd. CL A COM G01125106 BBG00PK9C4D6 550,087 35,262 SH   SOLE   35,262 0 0
Air Products & Chemicals, Inc. COM 009158106 BBG001S5NSB6 2,455,814,146 9,004,892 SH   SOLE   8,511,672 0 493,220
Alibaba Group Holding, Ltd. SPONSORED ADS 01609W102 BBG006G2JWB1 1,961,627,880 10,975,370 SH   SOLE   10,639,370 0 336,000
Alnylam Pharmaceuticals, Inc. COM 02043Q107 BBG001S7FTC8 1,058,480,880 2,321,230 SH   SOLE   2,164,543 0 156,687
Alphabet, Inc. CAP STK CL C 02079K107 BBG009S3NB21 3,407,931,096 13,992,737 SH   SOLE   13,083,037 0 909,700
Alphabet, Inc. CAP STK CL A 02079K305 BBG009S39JY5 2,756,456,689 11,338,777 SH   SOLE   10,809,227 0 529,550
Altria Group, Inc. COM 02209S103 BBG001S5T8T5 1,387,260 21,000 SH   SOLE   21,000 0 0
Amazon.com, Inc. COM 023135106 BBG001S5PQL7 3,578,185,178 16,296,330 SH   SOLE   15,340,555 0 955,775
Ambev SA SPONSORED ADR 02319V103 BBG005KLVT74 616,149 276,300 SH   SOLE   276,300 0 0
American Electric Power Co., Inc. COM 025537101 BBG001S5NFD2 1,071,395,550 9,523,516 SH   SOLE   8,974,116 0 549,400
American Express Co. COM 025816109 BBG001S5P034 114,758,623 345,492 SH   SOLE   344,767 0 725
Ameriprise Financial, Inc. COM 03076C106 BBG001SK6096 736,875 1,500 SH   SOLE   1,500 0 0
Amgen, Inc. COM 031162100 BBG001S5NNL6 3,772,167 13,367 SH   SOLE   13,367 0 0
Analog Devices, Inc. COM 032654105 BBG001S5ND38 7,568,789 30,805 SH   SOLE   30,805 0 0
Anheuser-Busch InBev SA/NV SPONSORED ADR 03524A108 BBG001T53FW2 2,178,520,234 36,546,221 SH   SOLE   35,148,321 0 1,397,900
APA Corp. COM 03743Q108 BBG00YTS96H1 854,656 35,200 SH   SOLE   35,200 0 0
Apple, Inc. COM 037833100 BBG001S5N8V8 7,975,521 31,322 SH   SOLE   31,322 0 0
Archer-Daniels-Midland Co. COM 039483102 BBG001S5ND74 900,194,819 15,068,544 SH   SOLE   14,277,593 0 790,951
Arcos Dorados Holdings, Inc. SHS CLASS -A - G0457F107 BBG001V0XGV6 742,271 109,966 SH   SOLE   109,966 0 0
AstraZeneca PLC SPONSORED ADR 046353108 BBG001SB80N8 10,548,079 137,488 SH   SOLE   137,488 0 0
Avantor, Inc. COM 05352A100 BBG00G2HHYF5 1,469,481,162 117,746,888 SH   SOLE   111,161,088 0 6,585,800
Baidu, Inc. SPON ADR REP A 056752108 BBG001SNBKD5 580,369,765 4,404,415 SH   SOLE   4,276,115 0 128,300
Baker Hughes Co. CL A 05722G100 BBG00GBVBK60 2,146,285,935 44,053,488 SH   SOLE   42,384,708 0 1,668,780
Bank of America Corp. COM 060505104 BBG001S5P0Y0 791,752,797 15,347,021 SH   SOLE   14,707,846 0 639,175
Baxter International, Inc. COM 071813109 BBG001S5P1K3 1,306,915,345 57,396,370 SH   SOLE   54,118,570 0 3,277,800
Berkshire Hathaway, Inc. CL B NEW 084670702 BBG001S90346 5,751,346 11,440 SH   SOLE   11,440 0 0
Berkshire Hathaway, Inc. CL A 084670108 BBG001S902J2 3,016,800 4 SH   SOLE   4 0 0
BioMarin Pharmaceutical, Inc. COM 09061G101 BBG001S76R05 795,437,142 14,686,801 SH   SOLE   13,878,851 0 807,950
BioNTech SE SPONSORED ADS 09075V102 BBG00Q70B4L0 359,676,114 3,647,091 SH   SOLE   3,455,091 0 192,000
Blackrock, Inc. COM 09290D101 BBG01PSW2WR0 763,645 655 SH   SOLE   655 0 0
Booking Holdings, Inc. COM 09857L108 BBG001S89N72 3,644,949,990 675,082 SH   SOLE   647,218 0 27,864
Boston Scientific Corp. COM 101137107 BBG001S63L94 8,677,843 88,885 SH   SOLE   88,885 0 0
Bristol-Myers Squibb Co. COM 110122108 BBG001S8N8J6 334,814,267 7,423,820 SH   SOLE   7,143,020 0 280,800
Broadcom, Inc. COM 11135F101 BBG00KHY5SY8 6,938,007 21,030 SH   SOLE   21,030 0 0
Cadence Design Systems, Inc. COM 127387108 BBG001S65YK1 84,486,812 240,525 SH   SOLE   240,525 0 0
Capital One Financial Corp. COM 14040H105 BBG001S65PV8 2,573,900,996 12,107,917 SH   SOLE   11,642,197 0 465,720
Carrier Global Corp. COM 14448C104 BBG00RP5HZM1 801,633,511 13,427,697 SH   SOLE   12,798,897 0 628,800
Caterpillar, Inc. COM 149123101 BBG001S5PJ06 19,464,857 40,794 SH   SOLE   40,794 0 0
Celanese Corp. COM 150870103 BBG001SJDDG5 646,416,296 15,361,604 SH   SOLE   14,499,529 0 862,075
Cemex SAB de CV SPON ADR NEW 151290889 BBG001SD8F15 869,641,986 96,734,370 SH   SOLE   93,863,070 0 2,871,300
Charter Communications, Inc. CL A 16119P108 BBG001T3TDG2 3,248,315,768 11,807,549 SH   SOLE   11,155,399 0 652,150
Chevron Corp. COM 166764100 BBG001S67ZC5 34,671,754 223,271 SH   SOLE   223,271 0 0
Chubb, Ltd. COM H1467J104 BBG001S8S1L3 203,785 722 SH   SOLE   722 0 0
Cia Energetica de Minas Gerais SP ADR N-V PFD 204409601 BBG001S64WN3 31,650 15,000 SH   SOLE   15,000 0 0
Cintas Corp. COM 172908105 BBG001S7CRG1 369,468 1,800 SH   SOLE   1,800 0 0
Cisco Systems, Inc. COM 17275R102 BBG001S6HC62 14,901,125 217,789 SH   SOLE   217,789 0 0
Cognizant Technology Solutions Corp. CL A 192446102 BBG001S5STN6 1,086,644,129 16,201,642 SH   SOLE   15,521,142 0 680,500
Coherent Corp. COM 19247G107 BBG001S5S6N6 80,238,366 744,879 SH   SOLE   743,579 0 1,300
Colgate-Palmolive Co. COM 194162103 BBG001S5PVM5 1,119,160 14,000 SH   SOLE   14,000 0 0
Comcast Corp. CL A 20030N101 BBG001S5PXL2 3,536,883,984 112,567,918 SH   SOLE   106,366,568 0 6,201,350
ConocoPhillips COM 20825C104 BBG001S5TZM2 976,830,930 10,327,000 SH   SOLE   9,939,202 0 387,798
Copa Holdings SA CL A P31076105 BBG001SKXLQ1 469,339 3,950 SH   SOLE   3,950 0 0
Corning, Inc. COM 219350105 BBG001S5RLH1 3,272,997 39,900 SH   SOLE   39,900 0 0
Corteva, Inc. COM 22052L104 BBG00BN969D0 1,389,053 20,539 SH   SOLE   20,539 0 0
Coupang, Inc. CL A 22266T109 BBG00XMJRPR7 1,511,716,584 46,947,720 SH   SOLE   44,495,820 0 2,451,900
Credicorp, Ltd. COM G2519Y108 BBG001S8L8P1 1,304,696,110 4,899,715 SH   SOLE   4,708,633 0 191,082
CVS Health Corp. COM 126650100 BBG001S5QBD8 5,516,782,819 73,176,586 SH   SOLE   69,357,581 0 3,819,005
Danaher Corp. COM 235851102 BBG001S5QGT0 3,261,377 16,450 SH   SOLE   16,450 0 0
Deere & Co. COM 244199105 BBG001S5QFF7 5,773,365 12,626 SH   SOLE   12,626 0 0
Dell Technologies, Inc. CL C 24703L202 BBG00DW3SZT0 3,350,025 23,630 SH   SOLE   23,630 0 0
Diageo PLC SPON ADR NEW 25243Q205 BBG001S7V596 1,057,078 11,077 SH   SOLE   11,077 0 0
Dlocal, Ltd. CLASS A COM G29018101 BBG00XGCHFW6 524,076 36,700 SH   SOLE   36,700 0 0
Dominion Energy, Inc. COM 25746U109 BBG001S5QCP3 1,393,454,619 22,780,033 SH   SOLE   21,940,333 0 839,700
Dow, Inc. COM 260557103 BBG00BN96931 268,533 11,711 SH   SOLE   11,711 0 0
DuPont de Nemours, Inc. COM 26614N102 BBG00BN961H3 1,182,133 15,175 SH   SOLE   15,175 0 0
eBay, Inc. COM 278642103 BBG001S9B9J5 1,277,848 14,050 SH   SOLE   14,050 0 0
EchoStar Corp. CL A 278768106 BBG001T048Z5 900,370,458 11,791,127 SH   SOLE   11,265,791 0 525,336
Elanco Animal Health, Inc. COM 28414H103 BBG00LJYS1R6 1,666,783,117 82,759,837 SH   SOLE   78,792,337 0 3,967,500
Elevance Health, Inc. COM 036752103 BBG001S6KBQ8 420,056 1,300 SH   SOLE   1,300 0 0
Eli Lilly & Co. COM 532457108 BBG001S5STL8 33,101,992 43,384 SH   SOLE   43,384 0 0
Exxon Mobil Corp. COM 30231G102 BBG001S69V32 8,553,553 75,863 SH   SOLE   75,863 0 0
FedEx Corp. COM 31428X106 BBG001S5R3M5 3,826,054,894 16,225,160 SH   SOLE   15,356,335 0 868,825
Fidelity National Information Services, Inc. COM 31620M106 BBG001S8SWQ0 2,842,357,350 43,105,207 SH   SOLE   40,827,368 0 2,277,839
Fiserv, Inc. COM 337738108 BBG001S5R6Q4 4,981,082,780 38,634,009 SH   SOLE   36,698,484 0 1,935,525
Flutter Entertainment PLC SHS G3643J108 BBG001S87K70 159,735,012 628,878 SH   SOLE   628,878 0 0
Fortive Corp. COM 34959J108 BBG00BLVZ237 2,086,767,948 42,595,794 SH   SOLE   39,973,404 0 2,622,390
Fox Corp. CL B COM 35137L204 BBG00JHNKKR3 417,368,592 7,285,191 SH   SOLE   6,857,101 0 428,090
Fox Corp. CL A COM 35137L105 BBG00JHNJX06 829,363,165 13,151,969 SH   SOLE   12,773,121 0 378,848
Fresenius Medical Care AG SPONSORED ADR 358029106 BBG001S97ZY5 100,762,540 3,826,910 SH   SOLE   3,826,910 0 0
Gaming & Leisure Properties, Inc. COM 36467J108 BBG003MSMCT5 633,096,965 13,582,857 SH   SOLE   13,044,086 0 538,771
GE Aerospace COM NEW 369604301 BBG001S5PVD5 1,886,629,330 6,271,622 SH   SOLE   5,979,747 0 291,875
GE HealthCare Technologies, Inc. COMMON STOCK 36266G107 BBG01BFR8YW0 2,066,550,056 27,517,311 SH   SOLE   26,037,424 0 1,479,887
GE Vernova, Inc. COM 36828A101 BBG013G17W77 94,534,727 153,740 SH   SOLE   153,115 0 625
General Mills, Inc. COM 370334104 BBG001S5RKR2 564,704 11,200 SH   SOLE   11,200 0 0
Genuine Parts Co. COM 372460105 BBG001S5RNH7 646,569 4,665 SH   SOLE   4,665 0 0
Geopark, Ltd. USD SHS G38327105 BBG001SLK3B9 592,697 93,045 SH   SOLE   93,045 0 0
Gilead Sciences, Inc. COM 375558103 BBG001S6Y1X7 3,344,777,541 30,133,131 SH   SOLE   28,980,081 0 1,153,050
Grupo Aeroportuario del Sureste SAB de CV SPON ADR SER B 40051E202 BBG001S5NWT8 549,661 1,700 SH   SOLE   1,700 0 0
Grupo Cibest SA SPON ADS 40090E106 BBG01TW82PB2 625,669 12,046 SH   SOLE   12,046 0 0
Grupo Televisa SAB SPON ADR REP ORD 40049J206 BBG001S64JP0 172,721,376 64,208,690 SH   SOLE   61,750,390 0 2,458,300
GSK PLC SPONSORED ADR 37733W204 BBG001SD6SM6 3,383,905,159 78,403,734 SH   SOLE   75,474,229 0 2,929,505
Haleon PLC SPON ADS 405552100 BBG018GZNDB0 1,384,830,059 154,384,622 SH   SOLE   148,574,798 0 5,809,824
Halliburton Co. COM 406216101 BBG001S5RS59 361,620 14,700 SH   SOLE   14,700 0 0
HDFC Bank, Ltd. SPONSORED ADS 40415F101 BBG001SJB7J7 212,297,568 6,214,800 SH   SOLE   3,634,000 0 2,580,800
Hewlett Packard Enterprise Co. COM 42824C109 BBG0078W3NP4 2,155,238 87,754 SH   SOLE   87,754 0 0
Honeywell International, Inc. COM 438516106 BBG001S5X1N1 1,688,000 8,019 SH   SOLE   8,019 0 0
HP, Inc. COM 40434L105 BBG001S6W7N7 944,427,103 34,683,331 SH   SOLE   33,294,758 0 1,388,573
Humana, Inc. COM 444859102 BBG001S5S1X6 2,949,855,852 11,338,186 SH   SOLE   10,692,511 0 645,675
Incyte Corp. COM 45337C102 BBG001S8Q6N2 1,181,608,201 13,932,416 SH   SOLE   13,260,914 0 671,502
Intercorp Financial Services, Inc. SHS P5626F128 BBG00PNFV2G9 701,553 17,391 SH   SOLE   17,391 0 0
International Business Machines Corp. COM 459200101 BBG001S5S399 13,314,566 47,188 SH   SOLE   47,188 0 0
International Flavors & Fragrances, Inc. COM 459506101 BBG001S5S5F7 2,275,296,143 36,972,638 SH   SOLE   35,169,138 0 1,803,500
Intuitive Surgical, Inc. COM NEW 46120E602 BBG001S7XR78 223,615 500 SH   SOLE   500 0 0
Itau Unibanco Holding SA SPON ADR REP PFD 465562106 BBG001S65TL1 136,687,058 18,622,215 SH   SOLE   13,259,665 0 5,362,550
JBS NV CL A SHS N4732M103 BBG01V30BCM3 238,134 15,950 SH   SOLE   15,950 0 0
JD.com, Inc. SPON ADS CL A 47215P106 BBG005YHY0R6 657,352,870 18,792,249 SH   SOLE   18,036,049 0 756,200
Johnson & Johnson COM 478160104 BBG001S5SHQ9 3,883,993 20,947 SH   SOLE   20,947 0 0
Johnson Controls International PLC SHS G51502105 BBG001S5WZ84 7,059,960,418 64,210,645 SH   SOLE   61,660,895 0 2,549,750
JOYY, Inc. ADS REPSTG COM A 46591M109 BBG003H0XVS9 2,907,408 49,606 SH   SOLE   49,606 0 0
JPMorgan Chase & Co. COM 46625H100 BBG001S8CRC3 61,400,027 194,655 SH   SOLE   194,655 0 0
Kaspi.KZ JSC SPONSORED ADS 48581R205 BBG00QD4Z4X6 1,456,028 17,826 SH   SOLE   17,826 0 0
Las Vegas Sands Corp. COM 517834107 BBG001SJCGP9 1,516,125 28,186 SH   SOLE   28,186 0 0
Laureate Education, Inc. COMMON STOCK 518613203 BBG00B4Z2YY9 495,178 15,700 SH   SOLE   15,700 0 0
Liberty Global, Ltd. COM CL A G61188101 BBG01K9HZHB9 54,636,249 4,767,561 SH   SOLE   4,767,561 0 0
Liberty Global, Ltd. COM CL C G61188127 BBG01K9KJ456 78,514,299 6,682,068 SH   SOLE   6,682,068 0 0
Linde PLC SHS G54950103 BBG01FND0CH6 631,555,250 1,329,590 SH   SOLE   1,329,590 0 0
Live Nation Entertainment, Inc. COM 538034109 BBG001SNP2B2 735,300 4,500 SH   SOLE   4,500 0 0
Lockheed Martin Corp. COM 539830109 BBG001S7PS57 386,888 775 SH   SOLE   775 0 0
Loma Negra Cia Industrial Argentina SA SPONSORED ADS 54150E104 BBG00HMSHSQ8 268,268 36,400 SH   SOLE   36,400 0 0
LPL Financial Holdings, Inc. COM 50212V100 BBG001T5GK39 1,107,609,846 3,329,255 SH   SOLE   3,136,640 0 192,615
LyondellBasell Industries NV SHS - A - N53745100 BBG001T8LMY9 832,162,800 16,969,062 SH   SOLE   15,976,962 0 992,100
McDonald's Corp. COM 580135101 BBG001S5T110 1,967,688 6,475 SH   SOLE   6,475 0 0
Medtronic PLC SHS G5960L103 BBG001S5T2S9 735,735,762 7,725,071 SH   SOLE   7,427,571 0 297,500
Merck & Co., Inc. COM 58933Y105 BBG001S5TC52 12,948,301 154,275 SH   SOLE   154,275 0 0
Meta Platforms, Inc. CL A 30303M102 BBG001SQCQC5 2,910,499,957 3,963,207 SH   SOLE   3,742,929 0 220,278
MetLife, Inc. COM 59156R108 BBG001S5T3R8 4,419,946,524 53,659,664 SH   SOLE   51,193,814 0 2,465,850
MGM Resorts International COM 552953101 BBG001S6BYT5 363,930 10,500 SH   SOLE   10,500 0 0
Microchip Technology, Inc. COM 595017104 BBG001S787B5 398,925,906 6,211,864 SH   SOLE   5,995,615 0 216,249
Microsoft Corp. COM 594918104 BBG001S5TD05 4,077,385,790 7,872,161 SH   SOLE   7,453,361 0 418,800
Millicom International Cellular SA COM STK L6388F110 BBG001S8W0H5 410,096,597 8,448,632 SH   SOLE   8,448,632 0 0
Molson Coors Beverage Co. CL B 60871R209 BBG001S5VQ21 843,062,886 18,631,224 SH   SOLE   17,895,949 0 735,275
Mondelez International, Inc. CL A 609207105 BBG001SHHZJ3 739,645 11,840 SH   SOLE   11,840 0 0
Moody's Corp. COM 615369105 BBG001S5VP87 746,168 1,566 SH   SOLE   1,566 0 0
Motorola Solutions, Inc. COM NEW 620076307 BBG001S5T9L1 5,192,528 11,355 SH   SOLE   11,355 0 0
National Energy Services Reunited Corp. SHS G6375R107 BBG00GNGGRK4 23,145,472 2,255,894 SH   SOLE   2,255,894 0 0
NetEase, Inc. SPONSORED ADS 64110W102 BBG001SCVWD1 348,448,626 2,292,576 SH   SOLE   2,292,576 0 0
Neurocrine Biosciences, Inc. COM 64125C109 BBG001S8W4X9 780,038,035 5,556,618 SH   SOLE   5,283,169 0 273,449
News Corp. CL A 65249B109 BBG0035LY922 383,151,626 12,476,445 SH   SOLE   11,948,270 0 528,175
NextEra Energy, Inc. COM 65339F101 BBG001S5RB29 1,781,564 23,600 SH   SOLE   23,600 0 0
Norfolk Southern Corp. COM 655844108 BBG001S5TQJ6 3,266,733,142 10,874,249 SH   SOLE   10,194,224 0 680,025
Novartis AG SPONSORED ADR 66987V109 BBG001SF5LW6 1,357,438,995 10,585,145 SH   SOLE   10,181,095 0 404,050
Nucor Corp. COM 670346105 BBG001S5TRV0 839,666 6,200 SH   SOLE   6,200 0 0
Occidental Petroleum Corp. COM 674599105 BBG001S5TZG9 3,774,489,280 79,883,371 SH   SOLE   75,850,906 0 4,032,465
Otis Worldwide Corp. COM 68902V107 BBG00RP60LN7 1,518,652 16,610 SH   SOLE   16,610 0 0
Parker-Hannifin Corp. COM 701094104 BBG001S5V554 1,895,375 2,500 SH   SOLE   2,500 0 0
PayPal Holdings, Inc. COM 70450Y103 BBG0077VNXW5 300,094 4,475 SH   SOLE   4,475 0 0
PepsiCo, Inc. COM 713448108 BBG001S695T1 431,853 3,075 SH   SOLE   3,075 0 0
Petroleo Brasileiro SA - Petrobras SPONSORED ADR 71654V408 BBG001SF6W88 413,982 32,700 SH   SOLE   32,700 0 0
Pfizer, Inc. COM 717081103 BBG001S5V466 2,369,997 93,014 SH   SOLE   93,014 0 0
Philip Morris International, Inc. COM 718172109 BBG001STP9N1 2,757,400 17,000 SH   SOLE   17,000 0 0
Phillips 66 COM 718546104 BBG00286S4P7 353,652 2,600 SH   SOLE   2,600 0 0
PPG Industries, Inc. COM 693506107 BBG001S5VC13 231,242 2,200 SH   SOLE   2,200 0 0
Ralliant Corp. COM 750940108 BBG01V4YRP33 471,422,650 10,780,303 SH   SOLE   10,105,247 0 675,056
Regeneron Pharmaceuticals, Inc. COM 75886F107 BBG001S6PX49 2,558,803,618 4,550,845 SH   SOLE   4,298,750 0 252,095
RTX Corp. COM 75513E101 BBG001S5X5Q9 6,709,826,913 40,099,366 SH   SOLE   38,029,716 0 2,069,650
S&P Global, Inc. COM 78409V104 BBG001S5T5M8 2,628,234 5,400 SH   SOLE   5,400 0 0
Sanofi SA SPONSORED ADR 80105N105 BBG001S5W768 3,253,578,458 68,931,747 SH   SOLE   66,259,122 0 2,672,625
SBA Communications Corp. CL A 78410G104 BBG001SCWNN9 1,869,171,875 9,667,297 SH   SOLE   9,139,112 0 528,185
Schlumberger NV COM STK 806857108 BBG001S5W4C8 16,369,022 476,259 SH   SOLE   473,559 0 2,700
Shell PLC SPON ADS 780259305 BBG0147BN6H1 3,999,886 55,919 SH   SOLE   55,919 0 0
State Street Corp. COM 857477103 BBG001S5RLD5 788,308,136 6,795,174 SH   SOLE   6,455,574 0 339,600
Sun Communities, Inc. COM 866674104 BBG001S7HRC0 1,868,025,135 14,480,815 SH   SOLE   13,922,640 0 558,175
Suncor Energy, Inc. COM 867224107 BBG001S5YSF0 1,148,602,397 27,471,954 SH   SOLE   26,579,154 0 892,800
Synopsys, Inc. COM 871607107 BBG001S5VTR8 5,377,951 10,900 SH   SOLE   10,900 0 0
Taiwan Semiconductor Manufacturing Co., Ltd. SPONSORED ADS 874039100 BBG001S5WWW4 30,107,462 107,800 SH   SOLE   300 0 107,500
Target Corp. COM 87612E106 BBG001SC0K41 9,515,286 106,079 SH   SOLE   106,079 0 0
TC Energy Corp. COM 87807B107 BBG001S5WW27 524,827,978 9,645,800 SH   SOLE   9,645,800 0 0
TE Connectivity PLC ORD SHS G87052109 BBG01Q08MMX4 3,521,207,196 16,039,754 SH   SOLE   15,449,354 0 590,400
Teck Resources, Ltd. CL B 878742204 BBG001S60LH8 345,477,502 7,871,440 SH   SOLE   7,871,440 0 0
Teledyne Technologies, Inc. COM 879360105 BBG001SDK336 985,110,970 1,680,962 SH   SOLE   1,613,067 0 67,895
The Allstate Corp. COM 020002101 BBG001S9BM06 557,017 2,595 SH   SOLE   2,595 0 0
The Bank of New York Mellon Corp. COM 064058100 BBG001S5P6Q6 3,796,487,178 34,842,944 SH   SOLE   33,368,907 0 1,474,037
The Charles Schwab Corp. COM 808513105 BBG001S5VXD4 7,928,139,405 83,043,253 SH   SOLE   79,324,478 0 3,718,775
The Cigna Group COM 125523100 BBG00KXRCDQ9 2,682,231,118 9,305,225 SH   SOLE   8,850,900 0 454,325
The Coca-Cola Co. COM 191216100 BBG001S5SMQ8 1,591,680 24,000 SH   SOLE   24,000 0 0
The Gap, Inc. COM 364760108 BBG001S5RNN0 116,137,561 5,429,526 SH   SOLE   4,958,861 0 470,665
The Goldman Sachs Group, Inc. COM 38141G104 BBG001SC07Z6 1,758,838,519 2,208,625 SH   SOLE   2,113,425 0 95,200
The Home Depot, Inc. COM 437076102 BBG001S5RTW7 9,429,582 23,272 SH   SOLE   23,272 0 0
The PNC Financial Services Group, Inc. COM 693475105 BBG001S5V947 2,826,080 14,065 SH   SOLE   14,065 0 0
The Procter & Gamble Co. COM 742718109 BBG001S5V4L9 13,950,805 90,796 SH   SOLE   90,796 0 0
The Travelers Co., Inc. COM 89417E109 BBG001S5R103 28,191,447 100,965 SH   SOLE   100,965 0 0
The Walt Disney Co. COM 254687106 BBG001S5QHF3 32,990,542 288,127 SH   SOLE   288,127 0 0
The Williams Co., Inc. COM 969457100 BBG001S5XH10 70,668,319 1,115,522 SH   SOLE   1,111,222 0 4,300
Thermo Fisher Scientific, Inc. COM 883556102 BBG001S5WS08 12,484,900 25,741 SH   SOLE   25,741 0 0
T-Mobile U.S., Inc. COM 872590104 BBG001SKR9Y6 896,124,296 3,743,522 SH   SOLE   3,595,122 0 148,400
Trip.com Group, Ltd. ADS 89677Q107 BBG001S6VL20 1,447,600 19,250 SH   SOLE   19,250 0 0
Truist Financial Corp. COM 89832Q109 BBG001S5YYC0 956,051 20,911 SH   SOLE   20,911 0 0
Unilever PLC SPON ADR NEW 904767704 BBG001S5X1K4 1,416,792 23,900 SH   SOLE   23,900 0 0
Union Pacific Corp. COM 907818108 BBG001S5X2M0 64,500,882 272,881 SH   SOLE   272,881 0 0
UnitedHealth Group, Inc. COM 91324P102 BBG001S6WCJ1 3,282,296,111 9,505,636 SH   SOLE   9,026,861 0 478,775
Vanguard S&P 500 ETF S&P 500 ETF SHS 922908363 BBG001TC6MC1 398,158 650 SH   SOLE   650 0 0
Verizon Communications, Inc. COM 92343V104 BBG001S67QY1 241,725 5,500 SH   SOLE   5,500 0 0
VF Corp. COM 918204108 BBG001S5X749 591,303,882 40,977,400 SH   SOLE   38,581,925 0 2,395,475
Vipshop Holdings, Ltd. SPONSORED ADS A 92763W103 BBG002NLDML7 2,439,229 124,197 SH   SOLE   124,197 0 0
Visa, Inc. COM CL A 92826C839 BBG001SRCFY3 293,245 859 SH   SOLE   859 0 0
Vulcan Materials Co. COM 929160109 BBG001S5X8R2 7,413,642 24,100 SH   SOLE   24,100 0 0
Walmart, Inc. COM 931142103 BBG001S5XH92 18,636,855 180,835 SH   SOLE   180,835 0 0
Wells Fargo & Co. COM 949746101 BBG001S5XF23 3,259,585,892 38,887,925 SH   SOLE   37,391,700 0 1,496,225
Willis Towers Watson PLC SHS G96629103 BBG001SHY2Q9 1,254,740,381 3,632,191 SH   SOLE   3,476,879 0 155,312
XP, Inc. CL A G98239109 BBG00QVJYHP4 647,844,345 34,478,145 SH   SOLE   32,414,145 0 2,064,000
Yum China Holdings, Inc. COM 98850P109 BBG00B8N0HH0 365,715,397 8,520,862 SH   SOLE   8,520,862 0 0
Zimmer Biomet Holdings, Inc. COM 98956P102 BBG001S7DQJ9 2,286,793,041 23,216,173 SH   SOLE   21,916,398 0 1,299,775
Zoetis, Inc. CL A 98978V103 BBG0039320P7 219,480 1,500 SH   SOLE   1,500 0 0